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SoFi added 1.2M members last quarter but its stock still fell over 30% in 2026.

Market News
03 Nov 2026, 20:23 WIB
The Motley Fool
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Neutral
SoFi added 1.2M members last quarter but its stock still fell over 30% in 2026.

SoFi reported a record addition of 1.2 million new members in the last quarter, showing strong user growth. Despite this, the company's stock price has declined by more than 30% so far in 2026, indicating investor concerns or other market pressures. The contrast between membership growth and stock performance highlights challenges SoFi faces in turning user gains into shareholder value.

SoFi Technologies Inc (SOFI) is trading at USD 16.74 on Pluang as of Nov 04, 2026 01:41 WIB, showing a modest 0.84% increase in the past day. The stock's market capitalization stands at $21.52 billion, reflecting its significant presence in the financial sector. Despite strong user growth reported recently, Pluang data shows a typical holding period of 62 days and a higher sell order activity at 70%, indicating cautious investor sentiment.

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