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Is Sofi Technologies Stock a Buy Now?

TheMotleyFool

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Shares of SoFi Technologies (NASDAQ: SOFI) leaped higher when the market opened on Tuesday, April 29, and ended the day in positive territory. Investors responded well to a first-quarter earnings report that contained plenty of positives. By 2:30 p.m. Wednesday, April 30, the stock was down 6%.

In the first quarter of 2025, SoFi Technologies broke several records regarding its key performance indicators. Despite a highly positive performance, the stock finished April 29 down 26.4% from a peak it reached in January.

Let's weigh recent positives against the challenges the company is facing to see if the stock could be a smart buy on the dip.

Source Fool.com

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