Should You Buy SoFi Stock on the Dip?

By Parkev Tatevosian, CFA – May 1, 2024 at 5:30AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$8B

Today's Change

(-2.06%) -$0.15

Current Price

$7.12

Price as of May 16, 2024, 4:00 p.m. ET

SoFi made progress in key areas, but investors were disappointed in its outlook.

Fool.com contributor Parkev Tatevosian reviews SoFi's (SOFI -2.06%) investor update and answers if investors should buy the stock.

*Stock prices used were the afternoon prices of April 28, 2024. The video was published on April 30, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.