$SoFi Tech(SOFI.US)

Context: SOFI has declined 30% so far in 2026, despite the fintech company reporting better-than-expected Q2 results. The company's member base continued to reflect strength and grew 35% year-over-year to 15.8 million in Q2 2026. However, investors were disappointed when SoFi raised its full-year revenue guidance while keeping its earnings outlook intact as the company continues to make growth investments.

Bulls highlight that SoFi's Q2 2026 deposits grew 54% year-over-year to about $46 billion.

SoFi is increasingly becoming more than just a consumer lender, with Q2 results showing faster member growth, deeper product adoption, a larger deposit base, and rising fee revenue. Notably, members grew 35% while products increased 42% in Q2 2026, with existing members driving more than half of new product additions.

However, bears cite SOFI stock's valuation and dependence on loan-sale earnings, especially amid a more volatile macro backdrop.

My Trade: Averaging down below $17.2 and long term price target $23-25.

Takeaway: Sofi's prime has passed after struggling to maintain the $20+ range. It is worth taking note however, that FinTech is a rather cyclical industry, and that Sofi remains fundamentally sound while adding new members. @Captain's Treasure