SoFi Technologies, Inc.

Сильный индекс, значительно упал. Оптимистичный взгляд на свои позиции резко сменился на неуверенность.

Strong index, significantly down. An optimistic view of his position suddenly changed to uncertainty.

Сильный индекс, значительно упал. Рынок не поддерживает быков.

Strong index, significantly down. The market does not support the bulls.

Средний индекс, незначительно вырос. Отток средств из лонгов на высоком уровне.

Medium index, slightly up. Outflow of funds from longs at a high level.

Key Points
SoFi is growing fast, adding more than 1 million customers in the second quarter, and it's on its way to achieving its goal of high cross-buy.
The lending segment is demonstrating momentum, with record originations in the quarter.
SoFi stock is trading at a reasonable valuation at the current price.
SoFi Technologies (NASDAQ: SOFI) has majorly disappointed shareholders this year, losing 30% of its value as of this writing. It can't seem to get a break, no matter how fast it's growing or how much momentum it's maintaining. Is it finally a buy at this price?
The future of finance
Spoiler alert: I constantly recommend buying SoFi stock, and it looks even better at the lower price. SoFi operates a fast-growing finance app that adds thousands of users every quarter. It's constantly rolling out new products that set it apart from the typical banking or finance app, and users are drawn to its ease of use, low fees, and innovative services.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Some of its newer products are an AI personal finance coach and AI investing with prompts, and these products draw in the young professionals who are SoFi's sweet spot. SoFi's goal is to be a one-stop shop for personal finance, and its high engagement and cross-buy rates indicate it's on its way to achieving that goal.
In the 2026 second quarter, adjusted net revenue increased 40% year over year, consistent with the first quarter and elevated from last year's levels. It onboarded 1.1 million new members in the quarter, a 35% increase, and 2.2 million new products -- the first time it added twice as many products as users. Cross-buy was a key component of the company's growth, with 51% of products adopted by existing users, up from 43% last quarter.
Its SoFi Plus membership program is creating a recurring revenue stream that adds stability to the platform, and 85% of new members in the second quarter were existing SoFi users. These are highly engaged users, and 25% of them also added another new product after SoFi Plus.
Lending is still SoFi's core business, even though that's fast changing as members adopt more products. Loan originations reached a record high of $14.8 billion in the second quarter. Revenue was up 63% year over year, driven by strong growth in both net interest income, which rose 54%, and loan origination fees, which were up 64%.
What's happening with SoFi stock?
So why is the stock down? Earlier in the year, it was dealing with a negative short-seller report and a high valuation. It's past both of those, and SoFi stock trades at a much more reasonable P/E ratio of 37.
This time, the market seemed to be unenthused about management not raising guidance. Previously, management said that it based its guidance on one rate cut, and now it's assuming two. Practically, that implies a guidance raise, but the market isn't seeing it that way.
SoFi's price fell after the report, but it's been up and down since it dropped earlier this year. At some point, the good news is likely to finally outweigh the bad, and the stock should resume growth. Long-term, SoFi has huge opportunities, and its performance demonstrates that it's making the right moves to keep growing.
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $417,413!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,341,294!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 12, 2026.
Jennifer Saibil has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Down 30% This Year, Is It Finally Time to Buy SoFi Stock?

In this video, I will cover recent updates on Meta, Anthropic, and Nvidia, and explain why I remain bullish on SoFi (NASDAQ: SOFI) despite the negative sentiment surrounding it. Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Sep. 1, 2026. The video was published on Sep. 1, 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $414,015!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,385,459!*
Now, it’s worth noting Stock Advisor’s total average return is 960% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 9, 2026.
Neil Rozenbaum has positions in Meta Platforms and SoFi Technologies. The Motley Fool has positions in and recommends Meta Platforms and Nvidia. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Is SoFi a Buy After Everyone Turned on It? Here's My Honest Take

Key Points
This once red-hot fintech stock has fallen more than 40% in less than a year.
The sell-off is rooted in a legitimate concern, but not a hugely meaningful one.
As time marches on, look for this company’s sustained growth to spark a rebound.
The 40% pullback in SoFi Technologies (NASDAQ: SOFI) from last October's peak -- followed by its stagnation since March -- makes enough superficial sense. The company delivered the bad news it was expected to deliver.
But as is so often the case, the sellers arguably overshot their target by pricing in all of the bad news -- and then some -- while ignoring much of the bigger bullish picture. Here's why the stock is a buy this month.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SoFi Technologies is so much more than its one recent setback
SoFi Technologies is an online bank that offers checking, savings, credit cards, loans, and everything else you might expect from a traditional brick-and-mortar bank. But it doesn't manage any brick-and-mortar branches -- it's an entirely online, self-service bank that also provides its back-end technology platform to third parties.
And that's the crux of the reason for the share pullback: Fellow online-only bank Chime Financial had been using SoFi's Galileo platform for a fee. Now it isn't, accounting for most of the 27% year-over-year tumble in platform revenue to $75 million in this year's first quarter. Investors flinched. And although the second quarter's figure rose sequentially, it fell year-over-year, leaving investors concerned.
They were so concerned that they seem to have looked right past all the other ways SoFi is knocking things out of the park. Its first-quarter total revenue is a case in point.
Although Galileo platform revenue dipped during the first quarter, total revenue soared 43% to $1.1 billion, more than doubling net income in the process. Its total customer count grew 35% to a record 14.7 million, and then it improved another 35% year over year to 15.8 million during the second quarter, when revenue increased 40% to $1.2 billion.
This growth appears to be accelerating, too. As part of its second-quarter report, released in late July, SoFi raised its full-year revenue forecast from $4.65 billion to a range of $4.75 billion to $4.85 billion, largely reflecting the fact that a growing number of its customers are now using more than one of the neobank's revenue-generating services. And at just over 30% above last year's top line, that revised outlook may still be on the conservative side.
Plenty of growth ahead
So why isn't the online bank's stock bouncing back from the knee-jerk worry about the impact of losing Chime as an institutional customer? Analysts account for some of the decline. They're only lukewarm on this stock right now, with most of them currently rating SoFi as a hold, with an average price target of $20.05, only about 10% more than the current price. With shares trading at price-to-earnings (P/E) ratio of 37, they may have valuation concerns.
Analysts may also be looking right past the much bigger picture, though, afraid of sticking their necks out by pricing in next year's projected top-line growth of 26%, which would pump up the company's bottom line to $0.82 per share.
And even then, it would still just be getting started. Longer-term projections from Morningstar analysts indicate SoFi could turn $6.66 billion worth of revenue into a per-share profit of $1.71 in 2030, driven by the ongoing adoption of app-based banking.
According to a recent survey commissioned by the American Bankers Association, more than half of all bank customers within the U.S. already say a mobile app is their preferred way of banking, with another 22% indicating a computer or laptop is their favorite way. Nearer the bottom of the list, in-branch visits are the go-to option for a mere 9% of U.S. bank customers, while phone calls are only the first choice 4% of the time.
It should also come as no surprise that the younger the consumers, the more likely they are to choose digital banking. More than two-thirds of millennials (who are mostly digitally native) use a mobile app as their primary means of banking, while only 7% regularly visit a brick-and-mortar branch.
As the number of digitally native members of the population continues expanding, and online and mobile banking goes more mainstream, SoFi is perfectly positioned to meet more and bigger portions of consumers' financial needs.
Waiting for more certainty could mean missing out
The market will connect these dots sooner or later. In fact, although for the time being the stock seems stuck below $20 (leaving most of the pullback from last year's peak in place), since April we've seen an occasional glimmer of hope. The fact that the bulls continue testing the waters is telling.
So, don't be deterred by this setback, but rather, take advantage of it while you can. Just don't tarry. Once the ball finally gets rolling in earnest, it may be a while before it stops again.
That's particularly true if the analyst community gets on board and starts raising its price targets. The growth story is certainly compelling enough in the meantime to inspire them. They just need the right nudge.
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,413,876!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 9, 2026.
James Brumley has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

This Is the Fintech Stock I'd Buy Next, and Soon

Key Points
High-profile IPO stocks are often expensive at first, which can set the stage for a fall.
Stocks often become more attractively priced after their lockup periods expire.
You don't have to buy a stock right at IPO to experience life-changing gains.
Investors love initial public offerings (IPO). An IPO is when a private company goes public for the first time, and, in theory, it is the best time to buy shares. However, that's not always the case. In fact, in many cases, it's best to avoid IPO stocks. Here's what most investors get wrong.
What happens at IPO
An IPO is the first time that any outside investor can buy shares of a company's stock on an open market. Before an IPO, investors usually provide private seed money. These days, there are funds that offer access to private equity, providing retail investors with an early channel to invest in companies before they go public. But in general, an IPO is the first chance to invest in a company.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, even the IPO is largely unavailable to individual investors. Most IPO stocks go straight to institutional investors, and they receive their shares before the first day of trading. Once they start trading on a public exchange like the New York Stock Exchange (NYSE) or the Nasdaq, they're available to anyone with a trading account.
Recently, many high-profile stocks have set aside some IPO shares for retail investors. Trading platforms like Robinhood Markets and SoFi Technologies offer IPO access to members who request shares, but they don't always get them. Elon Musk, for example, set aside 20% of Space Exploration Technologies (NASDAQ: SPCX) IPO shares for retail investors, according to reports, but the IPO was reportedly oversubscribed by four or five times the shares being sold, and not all requests were granted.
When is the right time to buy?
The problem with many IPOs is that they get hyped up to unreasonable prices. SpaceX, for example, was initially priced at $130 for the IPO, and by the time the markets opened on the first day of trading, it was already touching $150 per share. That was around 100 times trailing 12-month sales, which is an astronomical valuation. (The company isn't profitable so there isn't a price-to-earnings ratio.) However, investors were still rushing to get shares, and the stock shot higher out of the gate before falling a few days later. It now sits at about $148, or slightly below its first-day trading price, but it was well below the IPO price for a while, too.
The IPO, or even the first day of trading, isn't always the right time to buy. In lower-profile IPOs, if you've studied the business and believe it's a good long-term investment, your stock has time to grow before the market catches on. But in high-profile IPOs, enthusiastic investors can sometimes bid up a stock to unreasonable highs out of excitement, setting it up for a fall. It's usually prudent to wait out that cycle before investing in a great IPO stock.
There's another reason it could make more sense to wait. IPOs have a lockup period when insiders and early investors can't sell their shares on the open market. Employees of a private company may have stock options that become valuable when the company goes public, and they are often priced well below the IPO price. To prevent a flood of new shares into the open market that could distort the stock's price, insiders typically are restricted from selling right away. Usually, the lockup period is 180 days, by which time the stock is expected to settle into a reasonable market price. The stock price often does fall after the lockup period expires, which could be a more auspicious time to buy.
You don't need to buy right away to maximize your gains
As with the SpaceX IPO, you might be able to get your hands on a stock for even less than the IPO price if you wait for a better entry point. But you don't need to get in right away to be successful. IPO stocks are often risky, and it could make more sense to wait until it's on a more solid footing before deciding it's worth your money. Over time, a great stock will provide value for shareholders who hold for long periods, and it doesn't matter if they got in right away.
Here are some examples of total returns when a stock was bought after it was already public for a year, and I didn't only choose the obvious examples:
Amazon: IPO on May 15, 1997. Gain today from one year later: 69,120%
Nvidia: IPO Jan. 22, 1999. Gain today from one year later: 613,000%.
Visa: IPO March 19, 2008. Gain today from one year later: 3,130%.
Starbucks: IPO June 26, 1992. Gain today from one year later: 18,710%.
These are just a few examples to make the point, but I would also note that if you spot a great stock, you can buy it and enjoy gains at any time.
Should you buy stock in Space Exploration Technologies right now?
Before you buy stock in Space Exploration Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,413,876!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
Jennifer Saibil has positions in SoFi Technologies. The Motley Fool has positions in and recommends Amazon, Nvidia, Starbucks, and Visa. The Motley Fool has a disclosure policy.

I've Covered Many IPOs for The Motley Fool. Here's What Most Investors Get Wrong.

SoFi (NASDAQ: SOFI) reported second-quarter earnings that handily beat expectations and showed record highs for revenue, profitability, members, and cross-buying. In this video, I'll discuss why this hasn't produced new highs in the stock.
*Stock prices used were the morning prices of Sept. 3, 2026. The video was published on Sept. 6, 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,413,876!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
Matt Frankel, CFP® has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Here's Why SoFi Isn't Reaching All-Time Highs After a Record Quarter

Key Points
SoFi fell by nearly 10% after reporting record earnings in the second quarter.
While SoFi raised its revenue guidance, its profit expectations remained unchanged.
The company is investing heavily in growth, and investors may see greater uncertainty.
SoFi (NASDAQ:SOFI) reported the best quarter in its history a few weeks ago, and the stock fell by nearly 10%. It has since rebounded, along with many other fintech stocks, but this continues a pattern of SoFi reporting earnings that blew past expectations, only to see its stock retreat afterward.
To be clear, there was a lot to like about SoFi's latest results, but that doesn't mean that the stock fell for no reason. Here's an overview of why SoFi fell after earnings, and why I've been adding shares to my position on any weakness.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: The Motley Fool.
A record quarter by virtually every metric
SoFi's second quarter left little room for disappointment. Just to name a few metrics that reached all-time highs, SoFi's revenue grew by 40% to $1.2 billion, adjusted EBITDA grew 44%, net income of $157 million was the highest it's ever been, and loan originations reached $14.8 billion.
The fintech platform now has 15.8 million members, up 35% over the past year. Brand awareness continues to improve, and SoFi's business has been firing on all cylinders.
What's more, SoFi's cross-buy rate, which is the percentage of products opened by existing customers, has steadily improved from 35% to 51% over the past year. This means that not only is SoFi deepening relationships with its customers, but it is also improving its cost structure, as it's far more efficient to get an existing customer to apply for a loan than to find a new one.
Here's why the stock fell
The main reason SoFi's stock initially fell after earnings was its guidance, which may sound odd, given that it wasn't cut. In fact, management raised its full-year revenue guidance.
However, SoFi's guidance for adjusted EBITDA and EPS was held steady. In other words, higher revenue isn't translating to higher profits. SoFi's CFO explained that the company is spending more on growth initiatives than originally planned.
On one hand, it's easy to see why. The SoFi Plus premium membership product surpassed 200,000 paid subscribers in its first quarter. The cross-buy rate continues to expand, as previously noted. And loan originations are higher than ever. Holding profit expectations steady to fund projects that are delivering results is generally a smart move.
On the other hand, spending more to pursue growth adds uncertainty. Generally speaking, markets dislike uncertainty and will punish a stock (even one whose business is doing well) if it perceives an elevation in what could go wrong. And that's why SoFi's stock got beaten up after a stellar quarter.
The spending is working
SoFi's cross-buy rate, climbing from 35% to 51% over the past year, is clear evidence that its reinvestments are paying off. Members are adding more products within SoFi's ecosystem, and while the bank still has a lot of work to do in this regard, this is important progress toward its ultimate goal of becoming its members' primary bank.
Of course, the market is allowed to be skeptical. We're seeing this in many popular AI stocks that are ramping up capital spending to meet demand. There's always a chance that the spending won't produce the desired ROI. If SoFi's cross-buy growth stalls, or if overall member growth starts to decelerate, the decision to reinvest heavily will look like the wrong one in retrospect.
Having said that, SoFi's leadership team has done an excellent job of growing the top line, improving profitability over time, increasing brand awareness, and deepening engagement with its member base. I'm invested in SoFi for the next 10+ years, not because of what I think the company's profit will be next quarter, which is why I've recently added to my already substantial position.
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $445,833!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,402,153!*
Now, it’s worth noting Stock Advisor’s total average return is 993% — a market-crushing outperformance compared to 214% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 5, 2026.
Matt Frankel, CFP® has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

SoFi Raised Its Revenue Guidance and the Stock Fell 10%. Here's What the Market Missed.

SoFi Technologies SOFI has partnered with Payward, the parent company behind Kraken, to connect banking with digital-asset markets. Payward will use SoFi’s Big Business Banking capabilities, join the SoFi Exchange Network (“SEN”) and list the SoFiUSD stablecoin on Kraken. SoFi will also use Kraken Prime as a source of digital-asset liquidity.
The tie-up gives Payward and Kraken’s institutional clients access to SEN for 24/7 U.S. dollar clearing, settlement and liquidity management. SoFiUSD, which is redeemable one-for-one for U.S. dollars, will gain broader distribution through Kraken, while Kraken Prime is expected to support better pricing for SoFi members’ crypto trades. Qualified custody capabilities are also expected to become available as the relationship develops.
The agreement builds on SoFi’s push into blockchain-based services. In the fourth quarter of 2025, SoFi launched consumer crypto trading, SoFi Pay and SoFiUSD. SoFi Pay allows members to send money across more than 30 countries, while SoFiUSD is backed by cash held at the Federal Reserve.
That infrastructure expanded further in 2026. SoFi’s Big Business Banking began processing transactions on SEN, allowing commercial clients to move money in real time, 24/7. The company said roughly $300 million of SoFiUSD was in circulation in the second quarter of 2026, while its crypto trading business had begun settling transactions in SoFiUSD.
Adoption provides further support. As of June 30, 2026, SoFi reported 388,336 crypto products after returning to crypto investing in the fourth quarter of 2025. In the second quarter of 2026, net crypto transaction revenues reached $1.18 million, while total Financial Services products rose 43% year over year to 21.3 million.
How Are Competitors Faring?
JPMorgan Chase & Co. JPM is increasingly linking traditional banking with tokenized markets. In May 2026, its Kinexys platform joined Ripple, Mastercard and Ondo Finance in a cross-border tokenized Treasury redemption, connecting blockchain-based asset redemption with bank settlement outside normal banking hours. JPM is also expanding tokenized deposits and money-market infrastructure.
Western Union WU is expanding stablecoin-based financial infrastructure. In May 2026, it launched USDPT, issued by Anchorage Digital Bank on Solana and followed up with a Bybit integration in June and a Rain partnership in August. Its USDPT-backed Stablecard launched across 37 markets, supporting wallet, transfer and Visa spending functions.
SOFI’s Price Performance, Valuation and Estimates
Shares of SOFI have gained 15.4% in the past three months, outperforming the broader industry while underperforming the S&P 500 Index.
From a valuation standpoint, SOFI trades at a forward price-to-earnings ratio of 24.81X, well above the industry’s 17.06X. It carries a Value Score of F.
SOFI’s estimate revisions reflect a favorable trend for full-year 2026. The Zacks Consensus Estimate for full-year 2026 EPS gained a cent to 60 cents over the past two months.
Image Source: Zacks Investment Research
SOFI stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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SoFi Technologies Teams Up With Payward: Will SoFiUSD Gain Traction?

Key Points
SoFi's adjusted net revenue surged 40% year over year during the latest quarter.
The company’s personal loans accounted for 72% of its total originations in Q2.
Rapid growth introduces heightened credit risk, which SoFi must keep managing properly.
In an industry dominated by global money-center financial institutions, SoFi Technologies (NASDAQ: SOFI) keeps proving to investors that it has successfully carved out a niche. The online bank's momentum isn't letting up, despite the uncertain macroeconomic environment.
It reported adjusted net revenue of $1.2 billion during the second quarter, up 40% year over year. And for all of 2026, management expects this top-line figure to be 32% to 35% higher than in 2025.
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This flourishing business continues to maintain its impressive growth trajectory. But what has to happen next for the fintech stock's price, which is down 30% in 12 months (as of Sept. 2), to follow?
Financial results are the envy of the industry
Shareholders have every right to be upset that the stock hasn't done well during the past year. The fundamentals have been very encouraging, so there is a disconnect between the market's perception and how the actual company is faring.
SoFi's top line has been buoyed by a budding customer base. The business now has 15.8 million customers, rising almost 16% from the end of 2025. These younger and more affluent individuals come to SoFi's platform because of its compelling product and service offerings. They also appreciate the tech-enhanced user experience.
Over time, the company's ability to cross-sell to its customers is enhanced. This drives stickiness, meaning customers are reluctant to face the inconvenience of taking their business elsewhere. And it increases the lifetime value of its client base, supporting a competitive advantage.
Revenue growth has translated into superb profit gains as well. It wasn't that long ago when SoFi was consistently losing money each quarter. However, the digital banking powerhouse has evolved into a highly profitable business.
Adjusted net income jumped 65% year over year to $160 million in Q2, lifted by operating leverage that comes from greater scale. The leadership team believes that adjusted earnings per share will rise between 38% and 42% from 2025 to 2028.
Controlling risk will win over the investment community
SoFi shares reached their all-time high in November 2025. In the three years leading up to this peak, they soared 441%. The stock has taken a beating since, as it now trades 45% off that record. This disappointing performance has happened even though the company is still firing on all cylinders.
The market is clearly concerned about something. In my view, I believe it's a risk factor that isn't specific to SoFi, but something all banking entities have to deal with: credit risk.
SoFi has been growing in remarkable fashion. Every investor loves to see it. However, with rapid expansion comes heightened risk that lending standards are being loosened to satisfy the robust demand from borrowers.
Personal loan originations totaled $10.7 billion during the second quarter, up 54% year over year and accounting for 72% of the total. These products represent the biggest loan category on the balance sheet. They are riskier loans to make that carry high monthly payments, raising the chances that borrowers will run into trouble should economic conditions deteriorate.
I believe this is what investors are worried about. Missed payments can eventually lead to loan losses. This would directly hit SoFi's income statement.
On the other hand, though, approving more personal loans is a rational strategy for the management team to embark on. SoFi ended Q2 with $45.5 billion in deposits. This gives it a low-cost and stable source of funding that it can lend out to borrowers, earning net interest income in the process.
And these loans have been performing well. "Excluding the impact of delinquent loan sales, the estimated all-in annualized net charge-off rate was 3.7%," Chief Financial Officer Chris Lapointe said on the Q2 2026 earnings call.
For the stock price to steadily rise in the hopes of reaching a new record, all SoFi needs to do is continue reporting stellar financial metrics. With each quarter of upbeat results, the market's confidence in the business will grow.
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $435,803!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,334,577!*
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Neil Patel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

SoFi Just Posted Another Quarter of Fast Growth. What Has to Happen Next for the Stock to Follow?

In this video, I will cover the 5 stocks I am buying for the second half of 2026 and explain the reasoning behind each pick. Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Aug. 21, 2026. The video was published on Aug. 21, 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should you buy stock in Nebius Group right now?
Before you buy stock in Nebius Group, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nebius Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $440,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,252!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 31, 2026.
Neil Rozenbaum has positions in Alphabet, Nebius Group, Reddit, and SoFi Technologies. The Motley Fool has positions in and recommends Alphabet and Reddit. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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5 Stocks I'm Buying Before the Second Half of 2026 Plays Out

Key Points
SoFi’s low 1.5 products per customer and high marketing costs raise questions about its bank‑like economics.
Investors are urged to judge SoFi using traditional bank metrics.
Is SoFi Technologies (NASDAQ: SOFI) really a disruptive fintech, or just a bank in digital clothing? Explore how deposit costs, cross‑sell, and customer acquisition economics shape its true value. Watch the video below to see what investors should track next.
*This video was published on Aug. 6, 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should you buy stock in SoFi Technologies right now?
Before you buy stock in SoFi Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $440,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,252!*
Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 29, 2026.
Danny Vena, CPA has positions in SoFi Technologies. Jason Hall has positions in SoFi Technologies. Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

SoFi Technologies, Inc.

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