SoFi's egregious dilution means business growth may fail to benefit existing shareholders. Its share count rose 61% over five years, reducing an original 1% stake to about 0.6%; even 61% earnings growth could leave earnings per share flat. As a bank, SoFi is already practically uninvestable by these standards, though dilution need not destroy value if the capital raised creates more value than the ownership surrendered. x.com 

SoFi is not a special business, and its CEO's $1 trillion ambition is unrealistic: JPMorgan is worth $800B today, so SoFi reaching $1T would take inflation rendering dollars worthless. Its customers are insignificant, since nobody with money uses SoFi; people with money use real banks. The stock is not expensive and is fine to trade, but SoFi is a poor business. x.com  x.com  x.com  x.com 

SoFi's newly reported growth widens the gap between its operating results and a selloff driven by interest-rate fears. Revenue grew 45%, EPS 67% and members 35%, while the stock had fallen nearly 50%; the business is seen as able to succeed across rate environments. x.com 

SoFi's revenue growth does not justify overlooking its earnings record and valuation relative to American Express. SoFi trades at 34x earnings despite GAAP EPS of $0.47 TTM, versus American Express at 19x with $16.48 TTM EPS and a long record of EPS growth. SoFi faces competition while American Express has a moat. x.com  x.com  x.com 

SoFi is overvalued because it is just a bank, as it has been since inception. Member growth of 518% over five years while the stock fell 21%, cited by @StockSavvyShay, does not make it an opportunity, since the stock was extremely overvalued five years ago and subscriber growth does not justify the valuation. The fintech sector is trading poorly with little investor interest, so waiting means years of mediocre returns. x.com  x.com  x.com  x.com  x.com 

SoFi's fee growth and improving credit support its Q3 triple beat. Revenue was $1.39B vs $1.26B expected, EPS 18 cents vs 17, membership 17.1M, and guidance rose. Interchange fees grew 77% year on year, brokerage fees 47%; personal-loan net charge-offs fell to 2.26%. The guide assumes two more rate hikes this year; one looks plausible, not two, leaving upside. For 2027, it assumes four hikes and a couple more percentage points of tax. x.com  x.com  x.com  x.com 

SoFi's app is poor by the standards of modern financial-services apps, which makes the stock hard to justify owning right now. Investors should know a company's products before investing in it. x.com 

Robinhood's higher revenue and EPS make it clearly stronger than SoFi on these earnings. SoFi's post-earnings rally is unlikely to hold; its shares are headed for single digits. x.com  x.com 

SoFi's improving credit and fee mix support its long-term earnings case. Q3 originations hit $16.9B; estimated all-in annualized personal-loan charge-offs, excluding delinquent sales, fell 80 bps YoY to 3.4%. Fee revenue hit $571M, or 42% of total. Management says current capital and organic generation can fund 2027 growth without a raise. $100 a share is aggressive on 2027 earnings; a multi-year path needs 25-40% revenue growth, wider margins and credit discipline. x.com  x.com  x.com  x.com  x.com  … Show more

SoFi is struggling and its leadership's blockchain push looks like a substitute for a real plan. CEO Anthony Noto calls blockchain the fix for archaic financial infrastructure, but SoFi is caught between sector rotation and agentic AI. Bulls cite $1.2B of net revenue, a pre-operating-expense metric, yet SoFi's profit margin is about 14% versus Robinhood's 42%, and it spends about 4x as much on sales and marketing. Its new stablecoin launched with a $60k transaction, years behind Circle. x.com  … Show more