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SoFi shares plunge post-earnings but strong growth and upgraded rating signal buying opportunity

Analyst Insights
30 Apr 2026
Seeking Alpha
View Source
Bullish
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SoFi Technologies saw its worst one-day stock drop after earnings, despite maintaining strong growth fundamentals and resilient earnings growth. The loan platform business showed a sequential slowdown and increased personal loans, but management secured $3.6 billion in new commitments. Despite unchanged guidance disappointing the market, SoFi projects 30% revenue growth by 2026 and a 41% year-over-year expansion in financial services. With robust EPS growth forecasts and a forward P/E under 24, the stock was upgraded to Strong Buy, suggesting investors should consider buying after the pullback.

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