SoFi Technologies stock has delivered an 83.2% gain over the past three years, yet the latest valuation work suggests the shares trade at a premium, with both the intrinsic value estimate from the Excess Returns model and the market multiples pointing to overvaluation.

• The 83.2% return over three years puts SoFi in the category of stocks that have already rewarded shareholders. This can leave less room for error if expectations change.
• Growth in SoFi’s banking and broader financial services platform may support high expectations. At the same time, ongoing questions around profitability, funding needs and credit performance can weigh on how much investors are willing to pay for that growth.
• SoFi scores 0 out of 6 on Simply Wall St’s…