Down 30% This Year, Is It Finally Time to Buy SoFi Stock?

Key Points SoFi is growing fast, adding more than 1 million customers in the second quarter, and it's on its way to achieving its goal of high cross-buy. The lending segment is demonstrating momentum, with record originations in the quarter. SoFi stock is trading at a reasonable valuation at the current price. 10 stocks we like better than SoFi Technologies › SoFi Technologies (NASDAQ: SOFI) has majorly disappointed shareholders this year, losing 30% of its value as of this writing. It can't seem to get a break, no matter how fast it's growing or how much momentum it's maintaining. Is it finally a buy at this price ? The future of finance Spoiler alert: I constantly recommend buying SoFi stock, and it looks even better at the lower price.