Scoopfeeds — Intelligent news, curated.
Why SoFi Turned $1,000 Into a Rollercoaster
business

Why SoFi Turned $1,000 Into a Rollercoaster

Yahoo Finance · Jun 8, 2026, 3:24 PM

Key takeaways

  • SOFI grew FY2025 revenue 38% and Q1 originations 68%, but a beta of 2.15 and rising charge-offs leave no room for a recession scare.
  • A $40 billion deposit base and 43% cross-buy rate support a cautious buy at $16, but only with a three-year time horizon.
  • It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.

Why So Fi Turned $1,000 Into a Rollercoaster Sofi Alex Sirois Mon, June 8, 2026 at 10:24 PM GMT+7 4 min read SOFI ^GSPC Quick Read So Fi crashed 79% after its 2021 SPAC debut, turning $1,000 into $770 while the S&P 500 nearly doubled over the same period.

SOFI grew FY2025 revenue 38% and Q1 originations 68%, but a beta of 2.15 and rising charge-offs leave no room for a recession scare.

A $40 billion deposit base and 43% cross-buy rate support a cautious buy at $16, but only with a three-year time horizon.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop