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SoFi stock down 30% YTD, eyes Q2 earnings on July 29 for potential rebound

Company Fundamentals
15 Jul 2026
Seeking Alpha
View Source
Neutral
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SoFi Technologies has declined about 30% year-to-date after two disappointing earnings reports in 2026, underperforming both the fintech sector and the broader market. Investors are looking to the Q2 earnings announcement on July 29 for signs of recovery, hoping for a 5% revenue beat, improved EBITDA margins with more non-lending revenue, stability in its TPS business, and possibly upgraded guidance. The stock trades at a forward P/E of 31x, significantly below its historical average, with a strong earnings growth forecast through 2028. This could make SoFi an attractive opportunity if it can deliver positive results this quarter.

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