SoFi stock (SOFI) has gained over 90% in the last three months. It has rebounded sharply from its 2025 lows, not only turning positive for the year but also achieving YTD gains of 38%, outperforming the S&P 500 Index ($SPX) by a significant margin. In this article, we’ll discuss whether SoFi is still a buy or if it would be prudent to take some profits off the table here.
The last time I covered SoFi in June, it was trading around $15. The stock now trades above $20, a price level it hasn’t been able to rise to since 2021 when it went public by merging with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs).
