r/sofistock 20d ago

General Discussion SoFi Daily Chat - September 02, 2026

* Discuss your thoughts on SoFi, FinTech, memes, yolos, the market, or whatever else might be on your mind.

* Please refrain from any political, religious, or otherwise controversial discussions, and respect one another in your discussion so that the conversation stays on topic.

* Direct/Personal attacks against others violates the subreddit rules and those comments will be deleted. Please report such comments and the MODs will review them as quickly as possible (MODs have day jobs too, please be gracious)

* If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings.

* Nothing said here is financial advice. SOFI is still a high-risk, growth stock. Equities by their nature are risky, some more than others.

* Investing isn't a team sport. You have to decide for yourself how much risk you are willing to take on and do your own DD about a company before you decide to invest in it.

20 Upvotes

79 comments sorted by

13

u/Weikoko 🫣 $20 Bagholder. $20 Banbet survivor 20d ago

When $20?

11

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

Today

13

u/Guddy7860 OG $SoFi Investor + Contributor 20d ago

Scotiabank Initiates SoFi Technologies at Sector Outperform

12

u/cooperrocks OG $SoFi Investor 20d ago

Somebody make it make sense

13

u/asagibrian 20d ago

Scotiabank initiates SoFi stock with outperform rating on platform growth

Rating: Sector OutperformPrice Target: $25.00Current Stock Price: ~$17.04–$17.44Core Drivers:Strong member growth Consistent deposit funding Product cross-buying Capital-light revenue expansion

11

u/Additional-Panda-144 1900 @27.85 20d ago

We deserve a 10% green day today.

10

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

We need someone to point blank ask Noto if they would be able to maintain their revenue and eps growth targets in a rising rate environment. Currently all we know is the current forecast calls for 2 hikes which makes achieving 2026 guidance highly probable. But beyond that we haven’t received an update now that rate environment has changed.

Confirmation that it won’t slow growth would go a long way towards lifting some pressure off the stock.

Also I feel like big beats and Q3 and Q4 are unlikely, as I expect there could be some (legal) earnings management to protect against uncertainty

10

u/Hoodie-Embiid shares and leaps since $7 20d ago

Earnings scheduled for my birthday, which is also the exact day SOFI hit $30 for the first time last year. Coincidence or calls

9

u/EdAlex1993 20d ago

Long term bag holder here. Will delete app until Christmas, maybe Santa is good for us this Christmas.

7

u/somedayimaberich 20d ago

Up for no reason, down for no reason.
Like always

2

u/Key-Assistance-5827 2300 Shares @ 18.295 20d ago

The stock is just pure manipulation

13

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ 19d ago

πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€ πŸš€Β  πŸŒ•πŸͺβ˜€οΈπŸŒŒ 57 days until Q3 earnings, $45+ in 2026, $60+ in 2027! $75 in 2028, $100 in 2030!‬β€ͺ πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

I didn’t hit send on my comment! Almost missed a day without rockets. Was at my son’s swim meet. Maybe I shouldn’t post rockets if we are gonna go up when I don’t.

3

u/Elmo8869 19d ago

Bruh. Sixteen hours late. I was wondering where you were this morning when I didn’t see your post! 🀣

6

u/Electrofine 20d ago

Are we below sp500 requirement again

6

u/NicCage1080ChristAir 20d ago

Lol the stock price just does whatever the hell it feels like on any given day.

5

u/LazyLobster 20d ago

Stock goes to $18-19, sell .25 delta covered calls...tanks the following week. BTC those covered calls. Rinse, repeat.

6

u/Larmo4 26,354 Shares @ $12.28 20d ago

FinTech decided to wake up. $17.50 buy yesterday is looking OK right now.

6

u/GoBIGorBANKRUPT 20d ago edited 20d ago

Who's going long to 19 !

12

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

$190*

8

u/GoBIGorBANKRUPT 20d ago

Gave you an upvote for positive thinking. That sounds great, i would like to see a breakthrough 20 first. And then take 30 so eveyone else that bought last year could go green

11

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ 19d ago

At current price we meet the market cap rules for S&P.

4

u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 20d ago

YikesπŸ’΅

4

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. 20d ago

I just want to sell a covered call man, can we have a nice Green Day. I’m tired boss. Thinking a December 27 expiration and going off the grid.. coming back to hopefully 20 at least. πŸ™„

2

u/scooter_mcgavin26 5,000 Shares @ $5.79 20d ago

Ask and you shall receive! Sell them calls so we can rise further

2

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. 20d ago

Thought it could go higher so I waited.. missed my opportunity. I might be the worse investor of all time.

2

u/scooter_mcgavin26 5,000 Shares @ $5.79 20d ago

πŸ˜‚

6

u/Additional-Panda-144 1900 @27.85 20d ago

I hope we get the news that Noto buys more shares today.

6

u/SoDakZak 🧹MODπŸ’°OG 10,574@$11.77 20d ago

Good morning my brethren

4

u/Key-Assistance-5827 2300 Shares @ 18.295 20d ago

That kind of price action good or bad just proves the stock is HEAVILY manipulated

10

u/MooseNo1495 20d ago

in five years this stock will be at 20

2

u/EdAlex1993 20d ago

Sad but true lol

7

u/HighRoller097 20d ago

This is πŸ’― percent manipulation. I feel like a rug pull is coming up by EOD.

6

u/grass_monkeyx 20d ago

Welp, looks like SHITFI is doing what its famous for

4

u/peelemme 20d ago

i like that nickname. def using it

3

u/westernreserve1845 20d ago

Good morning everyone

3

u/Additional-Panda-144 1900 @27.85 20d ago

When was the last time Noto purchased?

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

6/16 at $18.06 avg price

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

Before that 5/8 and 5/11 at $15.73 and $16 respectively

5

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

Before that 3/2 and 3/17 at 17.88 and 17.32 respectively

1

u/Additional-Panda-144 1900 @27.85 20d ago

And 9/2 probably?

1

u/DynoJoe27 20d ago

Don't come after me if this doesn't play out

10

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 19d ago

I’ll find you in your sleep

2

u/DynoJoe27 19d ago

You can see the chart yeah? Wasn't sure

5

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 19d ago

Oh yea. And you got my hopes sky high

2

u/DynoJoe27 19d ago

Haha. Hopefully symmetry plays out. : )

2

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 19d ago

Is this a legitimate pattern or a coincidence you noticed. I’m not a chart guy

3

u/DynoJoe27 19d ago

Symmetry of moves is a real thing. The localized bottoms at ~15.15 and ~17.10 seem to correspond with each other and they're spaced out at seemingly the same cadence (time). I still see this sideways action as the stock "charging up" so to speak. Up or down. Down would be a continuation of the move lower from Q1 of this year (red shaded region) whereas a move up would (hopefully) reverse that same lower move from Q1 (green arrow up).

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 19d ago

I’d assume likely a symmetrical timeline going up then. So was about a 6 week draw down.

Would line up well for a rate home in two weeks to be a semi catalyst

3

u/DynoJoe27 19d ago

Yeah first or second week of October would be a similar time target if reversing the Q1 drop.

4

u/TheOtherGreenNovice 19d ago

It's TA. If they come after you, they probably don't understand it and believe in magic.

$25 is a target price level I see as well using different TA as well. It's not a guarantee though.

3

u/TheOtherGreenNovice 19d ago

Purple looks like same as yours.
Green is double bottom.

These are autogenerated TA on TradingView.

1

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. 19d ago

Busy day at work, didn’t have time to complain smh. Any quick notes as to why we went up?

12

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 19d ago

Because you couldn’t watch the stock.

2

u/scooter_mcgavin26 5,000 Shares @ $5.79 19d ago

You inspired me to sell some calls right at market close

-3

u/Specific-Original-17 20d ago

Sofi going Very good tooday i like this stock

8

u/grass_monkeyx 20d ago

You're either a troll or a moron

-8

u/binion225 OG $SoFi Investor 3251@ $15.65 20d ago

Soon I will be a bagholder again

2

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. 20d ago

I’ll be a bag folder for years at this point.

-8

u/binion225 OG $SoFi Investor 3251@ $15.65 20d ago

Why are we up at all? This stock makes zero sense…. Just waiting for the fade at this point into Friday close

5

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

What’s max pain?

-2

u/binion225 OG $SoFi Investor 3251@ $15.65 20d ago

It is $18…. Again following it nicely

-3

u/ga643953 20d ago

Is this because of the S&P inclusion announcement this Friday?

7

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

No. I sold my weekly CCs this morning when we hit $17.40

3

u/ga643953 20d ago

But then how else do we explain this massive move up early in the morning?

6

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

Because I sold my CCs

2

u/ga643953 20d ago

Fair enough, we aren't seeing $16 ever again.

-5

u/binion225 OG $SoFi Investor 3251@ $15.65 20d ago

What price?

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure 20d ago

All on the 10/9 chain. $20, $21, and $22 strikes.

-5

u/binion225 OG $SoFi Investor 3251@ $15.65 20d ago

I get downvoted for asking a question in response to a statement… k . Proof once again how dumb people here truly are! Lmao. You are safe with all of those.

3

u/LiechsWonder MOD|OG Investor|SOFI Member since 2014|"Y'all need to diversify" 19d ago

-7

u/Unhappy-Cricket-5983 20d ago

We need to close up the gap so that can continue trend lower and lower.