SoFi Technologies Stock: A Buy After Recent Pullback?

SoFi Technologies (SOFI) stock has pulled back, but is it a buy? Recent updates suggest that SoFi is still a promising fintech company with a strong user base and diversified revenue streams. Its recent IPO and expansion into new areas like lending and insurance make it an attractive investment opportunity. However, investors should consider the company's high valuation and competitive market before making a decision.

SoFi Technologies, Inc. (SOFI) has experienced a recent pullback in its stock price, closing at $26.19 on the latest trading session, down by 7.96% from the previous day Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1]. Despite this downturn, SoFi remains a promising fintech company with a strong user base and diversified revenue streams. The company's stock has seen an increase of 9.59% over the last month, surpassing the Finance sector's gain of 0.28% and the S&P 500's gain of 3.5% Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1].

Investors should note that SoFi is expected to report earnings of $0.08 per share on October 28, 2025, representing year-over-year growth of 60% Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1]. For the full year, the Zacks Consensus Estimates project earnings of $0.32 per share and a revenue of $3.44 billion, indicating significant growth Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1]. Analysts have varying outlooks on SoFi, with price targets ranging from $14.00 to $28.00 and a consensus rating of "Hold" RFG Advisory LLC Has $3.50 Million Holdings in SoFi Technologies, Inc. $SOFI^[2].

Institutional investors and hedge funds have shown interest in SoFi. RFG Advisory LLC increased its stake in SoFi by 12% during the second quarter, holding approximately $3.50 million worth of shares RFG Advisory LLC Has $3.50 Million Holdings in SoFi Technologies, Inc. $SOFI^[2]. Other institutional investors like Hazlett Burt & Watson Inc. and Larson Financial Group LLC have also added to their positions in SoFi RFG Advisory LLC Has $3.50 Million Holdings in SoFi Technologies, Inc. $SOFI^[2].

However, investors should consider the company's high valuation. SoFi is currently trading at a Forward P/E ratio of 89.45, which is a premium compared to its industry average Forward P/E of 12.29 Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1]. The company's PEG ratio of 3.38 also indicates a higher valuation compared to the industry average of 0.98 Here's Why SoFi Technologies, Inc. (SOFI) Fell More Than Broader Market^[1].

In conclusion, while SoFi Technologies (SOFI) shows strong growth potential and analyst optimism, investors should carefully consider the company's high valuation and competitive market before making a decision.