If you have been wondering whether SoFi Technologies’ current share price lines up with its underlying value, you are not alone. This article is designed to help you make sense of that question.
The stock closed at US$20.75 recently, with a 7 day return of 15.7% decline, a 30 day return of 29.1% decline and a year to date return of 24.4% decline, while the 1 year return stands at 34.0% and the 3 year return is described as very large.
Recent coverage around SoFi has focused on its position as a listed US financial technology company and its role in offering digital banking and lending services. This keeps attention on how it competes with both traditional banks and newer fintech peers. This context is important for understanding why…