Here's the 1 Thing to Look for When SoFi Reports Earnings on July 29
The stock has a lot riding on the company's second-quarter report.
Overview
All eyes are on SoFi Technologies (NASDAQ: SOFI) as it gets ready to report second-quarter earnings. After three blowout years during which it gained roughly 468%, it's down more than 30% so far in 2026.
There are various reasons the market has been disappointed in the stock this year, including its high valuation, a damaging short-seller's report, and a decline in its Tech Platform segment. When it reports second-quarter results on July 29, though, the one thing to look for is the growth in the financial services segment.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- Despite Falling Oil Prices, There's Now a 73% Chance of an Interest Rate Hike by September -- Here Are the 2 Culprits to Blame
- The U.S. Has Accumulated 100,000 Metric Tons of Used Nuclear Fuel. Oklo Sees It as a Massive Potential Energy Resource.
- SpaceX Fell Below Its Debut Price. History Says a $10,000 Investment Will be Worth This Much in a Year.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.