“Why Is SoFi Stock Soaring, and Is It Still a Buying Opportunity?”
AI summary · SOFI is worth about $22 per share versus roughly $17 now, so the speaker expects a 30% or greater gain over 12 to 18 months and keeps SOFI a buy, citing the Q3 beat, raised 2026 guidance, 2027 targets and conservative management; risks are consumer strain and rising personal-loan defaults on uncollateralized loans.
SoFi announced quarterly financial results that exceeded expectations across the board. Given the macroeconomic difficulties of the past three months, these results seem all the more impressive.
Furthermore, the management team provided strong forecasts for the remainder of this year and for many years to come. Given the management team's reputation for being conservative in their expectations—that is, they usually exceed the expectations they set for themselves— investors were very pleased with the results, and the share price rose by more than 15% after the company announced these figures .