SoFi (SOFI): 2 Reasons We Love This Stock Kayode Omotosho Thu, October 8, 2026 at 12:24 PM EDT 2 min read SOFI -2.08% ^GSPC -0.26% Trade SOFI on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Over the past six months, SoFi's stock price fell to $15.67. Shareholders have lost 5% of their capital, which is disappointing considering the S&P 500 has climbed by 15.2%. This may have investors wondering how to approach the situation.
Following the drawdown, is now a good time to buy SOFI? Find out in our full research report, it's free.
Starting as a student loan refinancing company founded by Stanford business school students in 2011, SoFi Technologies (NASDAQ:SOFI) operates a digital financial platform offering lending, banking, investing, and other financial services to help members borrow, save, spend, invest, and protect their money.
Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years.
Over the last five years, SoFi grew its revenue at an incredible 37.9% compounded annual growth rate. Its growth beat the average financials company and shows its offerings resonate with customers.
Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable — for example, revenue could be inflated through excessive spending on advertising and promotions.
SoFi's full-year EPS flipped from negative to positive over the last four years. This is a good sign and shows it's at an inflection point.
These are just a few reasons why SoFi ranks highly on our list. After the recent drawdown, the stock trades at 21.8× forward P/E (or $15.67 per share). Is now the right time to buy? See for yourself in our comprehensive research report, it's free.
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