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Barchart
Barchart
Amit Singh

SoFi Drops 44%. Should You Buy the Stock Now or Stay Away?

SoFi Technologies (SOFI) shares have declined 44% from their 52-week high of $32.73, reflecting mounting pressure on high-growth fintech stocks. The pullback has been driven by investor concerns over equity dilution following recent capital raises, the company’s elevated valuation after a strong rally, and a broader risk-off market environment.

Despite these headwinds, SoFi’s underlying business fundamentals remain solid. The company has continued to diversify its revenue base, expanding beyond lending into fee-based and capital-light segments that offer more stable, scalable income streams. This strategic shift reduces reliance on interest-sensitive lending revenue and supports longer-term margin resilience.

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