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SoFi Technologies stock rocketed 20% today after a strong earnings report. Let's dig in and see if SoFi is a buy now.
SoFi Technologies (SOFI -3.74%) reported a beat on top and bottom lines and raised guidance this morning. What happened to SoFi stock, and is this rocket-fueled rally justified? The video below breaks it down and provides earnings, analysis, valuation metrics, and commentary. Don't forget to subscribe to the channel for future updates!
*Stock prices used were the morning prices of July 31, 2023. The video was published on July 31, 2023.
Eric Cuka has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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