Earnings Season Has Been Hard On SoFi Of Late, But It Still Warrants Bullish Interest

SOFI has been through two adverse earnings events this year and has underperformed both the fintech sector and the broader market in 2026 with a decline of ~30% YTD. With Q2 earnings due to be announced on July 29, could it get third time lucky? A potential topline beat of +5%, further EBITDA margin progression with a tilt towards non-lending revenue, stability of the TPS business, and any upgrade in guidance would be taken well. SOFI trades at a forward P/E of 31x, nearly 50% below its historical average, with a PEG ratio under 0.6x and solid earnings CAGR of 40% even through FY28. The stock also no longer looks like one of the more overbought names within the US financial sector, with its relative strength ratio now around its long-term mean.

After a rewarding 2025, where its stock price had even doubled, SoFi Technologies, Inc ( SOFI ), a fintech (with a traditional bank charter to boot), which I’ve been bullish on since 2021, appears to be