SoFi Shares Surge 81%: Is the Stock Still Worth Buying?

After a strong rally through 2025, SoFi (SOFI) stock stumbled on Tuesday as investors reacted to dilution concerns tied to the company’s $1.5 billion equity raise. Even with that setback, the broader picture remains constructive. Shares are still up roughly 81% over the past year, reflecting the market’s confidence in SoFi’s evolving business model.

A key driver behind this optimism is SoFi’s steady shift toward capital-light sources of income. The company has been expanding its technology platform fees and financial services revenue, both of which generate attractive margins without tying up large amounts of capital. Importantly, these businesses reduce SoFi’s reliance on interest income and lower its exposure to credit risk, making overall earnings more resilient in different market conditions.