Is SoFi a Bargain Stock to Buy Right Now?

By Matt Frankel and Tyler Crowe – Jun 26, 2024 at 5:11AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$7B

Today's Change

(1.07%) $0.07

Current Price

$6.61

Price as of June 28, 2024, 4:00 p.m. ET

The banking disruptor is at a 52-week low. Here are the arguments for and against it.

SoFi (SOFI 1.07%) has consistently produced impressive growth, but unfortunately, it hasn't yet translated into gains for investors. With the stock at a 52-week low, Fool.com contributors Matt Frankel and Tyler Crowe examine the banking disruptor to decide whether it could be worth a closer look right now.

*Stock prices used were the morning prices of June 24, 2024. The video was published on June 25, 2024.

Matt Frankel has positions in SoFi Technologies. Tyler Crowe 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.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.