Is SoFi Stock a Buy Now?
The market has been incredibly resilient during the past month, climbing back up from lows despite continued tariff uncertainty. It has recouped most of its 2025 losses although it's still down 5% this year.
Investors seem confident in the country and the future, and it makes sense that they would also be enthusiastic about the shares of banks, which provide the funds to keep the economy moving. The market celebrated SoFi Technologies' (NASDAQ: SOFI) most recent earnings report, which demonstrated again that this is the bank of the future, but SoFi stock has declined 18% this year. Is now the time to buy?
SoFi has an all-digital banking app that's attracting new members rapidly. In the 2025 first quarter, there were 800,000 new members, an accelerated rate of growth, and users signed up for a total of 1.2 million new products.
Source Fool.com
