Should you buy SOFI stock?

Last updated:

Based on market data through , StockInvest.us rates SoFi (SOFI) as Hold/Accumulate with a technical score of -0.61 on its -10 to +10 scale. The rating is unchanged from the previous daily evaluation.

  • Hold signal since
  • Price since signal Up 1.55%
  • 3-month trend forecast Up 10.12%
  • Hold/Accumulate -0.61
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SoFi stock price ended at $18.38 on Friday, after gaining 1.55%
(Market data through Aug 07, 2026)

Hold candidate since Aug 06, 2026 Gain 1.55%

The SoFi stock price gained 1.55% on the last trading day (Friday, 7th Aug 2026), rising from $18.10 to $18.38. During the last trading day the stock fluctuated 2.83% from a day low at $18.03 to a day high of $18.54. The price has been going up and down for this period, and there has been a 11.66% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 million more shares were traded than the day before. In total, 51 million shares were bought and sold for approximately $936.80 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.12% during the next 3 months and, with a 90% probability hold a price between $17.02 and $21.99 at the end of this 3-month period.

SOFI Signals & Forecast

The SoFi stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $17.75 and $17.60. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, August 04, 2026, and so far it has fallen -1.71%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Tuesday, August 04, 2026 and based on theory for this formation the price should fall by -15.49% to $15.53 within 17 trading days (Thursday, August 27, 2026) since signal was issued.

Support, Risk & Stop-loss for SoFi stock

SoFi finds support from accumulated volume at $18.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.510 between high and low, or 2.83%. For the last week, the stock has had daily average volatility of 4.56%.

Our recommended stop-loss: $17.57 (-4.42%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (SOFI) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect SoFi Technologies, Inc. to open at $18.31, and during the day (based on 14 day Average True Range), to move between $17.94 and $18.82, which gives a possible trading interval of +/-$0.88 (+/-4.92%) up or down from last closing price. If SoFi Technologies, Inc. takes out the full calculated possible swing range there will be an estimated 4.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.22 (0.87%) than the resistance at $18.55 (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SoFi Technologies, Inc. stock A Buy?

SoFi holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.614 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $18.31 ( 0.363%).

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SOFI Performance

Trading levels for SOFI

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Fibonacci Support & Resistance Levels

Level Price
R3 18.82 2.41%
R2 18.63 1.35%
R1 18.51 0.697%
Price 18.38
S1 18.12 -1.42%
S2 18.00 -2.08%
S3 17.80 -3.14%

Accumulated Volume Support & Resistance Levels

Level Price
R3 18.78 2.18%
R2 18.58 1.09%
R1 18.55 0.92%
Price 18.38
S1 18.22 -0.87%
S2 16.47 -10.39%
S3 15.25 -17.03%

FAQ

What is the symbol for SoFi Stock and on which exchange is it traded?
The symbol for SoFi is SOFI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell SoFi Stock?
Based on market data through Aug 07, 2026, StockInvest.us rates SoFi (SOFI) as Hold/Accumulate with a technical score of -0.61 on its -10 to +10 scale. The rating is unchanged from the previous daily evaluation. Since the Hold signal began on Aug 06, 2026, the price has risen 1.55%. The current 3-month trend forecast projects a rise of 10.12%.

How to buy SoFi Stock?
SoFi Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SoFi Stock.

What's the current price of SoFi Stock?
As of the end of day on the Aug 07, 2026, the price of an SoFi (SOFI) share was $18.38.

What is the 52-week high and low for SoFi Stock?
The 52-week high for SoFi Stock is $32.73 and the 52-week low is $14.88.

What is the market capitalization of SoFi Stock?
As of the Aug 07, 2026, the market capitalization of SoFi is 23.577B.

When is the next earnings date for SoFi?
The upcoming earnings date for SoFi is Oct 27, 2026.
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ABOUT SOFI TECHNOLOGIES, INC.
SoFi
SoFi Technologies, Inc. (Traded as: sofi stock) provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash ...
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