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Should You Buy SoFi Stock Before Oct. 27?

SoFi stock is down 34% YTD. Is it in the buy zone?

Should You Buy SoFi Stock Before Oct. 27?

Published September 24, 2026 · Category: Finance

Overview

As we enter the last week of September, it's time to look ahead to third quarter earnings season, and more specifically, banks -- the first major group to report earnings every quarter.

Banks have had a good year so far, in general, but the third quarter has been a bit rocky. The record pace of investment banking in the first half has slowed, and banks are expecting lower investment banking fees. In addition, the Federal Reserve raised interest rates for the first time in three years at its September meeting, which hurts banks as they may be faced with higher deposit costs and reduced loan activity.

Details

One bank to watch this earnings season is SoFi Technologies (NASDAQ: SOFI). Here's why.

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Source

Originally published at www.fool.com.

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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.