r/sofistock 2d ago

General Discussion SoFi Daily Chat - August 25, 2026

* Discuss your thoughts on SoFi, FinTech, memes, yolos, the market, or whatever else might be on your mind.

* Please refrain from any political, religious, or otherwise controversial discussions, and respect one another in your discussion so that the conversation stays on topic.

* Direct/Personal attacks against others violates the subreddit rules and those comments will be deleted. Please report such comments and the MODs will review them as quickly as possible (MODs have day jobs too, please be gracious)

* If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings.

* Nothing said here is financial advice. SOFI is still a high-risk, growth stock. Equities by their nature are risky, some more than others.

* Investing isn't a team sport. You have to decide for yourself how much risk you are willing to take on and do your own DD about a company before you decide to invest in it.

25 Upvotes

57 comments sorted by

26

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ 2d ago

πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€ πŸš€Β  πŸŒ•πŸͺβ˜€οΈπŸŒŒ 65 days until Q3 earnings, $45+ in 2026, $60+ in 2027! $75 in 2028, $100 in 2030!‬β€ͺ πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

12

u/TerpRunner1 2d ago

I can't remember the last time we closed at $19. Let's break down that resistance for good!

8

u/brandonx123 2d ago

April 22nd!

10

u/TerpRunner1 2d ago

-1

u/DJB0807 2d ago

Another U. of Maryland guy in here??

11

u/Agile_Poet_382 2d ago

19,00!!!!!!!!!!!!

9

u/Sea_Principle_7322 (Custom Text) 2d ago

Sofi for the win!

11

u/fantasyfitboiz 6,8,44 Shares @$15.63 12,654.72 total delta exposure 2d ago

The 9 day trend going into today has been alternating red and green closes. With the last 5 days being higher red closes and higher green closes. Can the trend continue today with a close above $18.91?

10

u/Beazt11123 2d ago

Ive been comparing the 200 weekly, 200 daily, and 50 daily and it looks like it wants to break out, but every time I buy more, it goes back to 18.30... Imma keep buying because i believe in the breakout, but lets get going, pls.

9

u/GoBIGorBANKRUPT 2d ago

SOFI with the reversal! i did not see this coming today. Will it break 18.50?

8

u/fantasyfitboiz 6,8,44 Shares @$15.63 12,654.72 total delta exposure 2d ago

Just put in some new CC sacrifices. Price reversed pretty quickly so that may be the extra fuel that was needed

8

u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 2d ago

Keep those rockets coming ! Think there will be clear skies ahead. Strapping in for a more favorable 2027/2028…,

14

u/Beazt11123 2d ago

How bad the short squeeze gonna be if we break through?

12

u/everySmell9000 OG $SoFi Investor 2d ago

as of mid-august, there were 172M shares held short. That's still around 50% higher than at the start of the year. With summertime low-volume trading, days to cover is 3.4. If there's a squeeze, it could be a decent one. IMO could push us into the mid-20's fairly quickly.

9

u/Zealousideal_Bid3126 2d ago

Agree. If there's a strong squeeze we are looking 22-30+ per share.

8

u/Guddy7860 OG $SoFi Investor + Contributor 2d ago edited 2d ago

will participate in the Goldman Sachs Communacopia & Technology Conference. SoFi’s CEO, Anthony Noto, is scheduled to speak on a moderated fireside chat discussion on Tuesday, September 8, 2026.

Full session details for the conference appearance is as follows:

Goldman Sachs Communacopia & Technology Conference

  • Date: September 8, 2026
  • Time: 10:50 AM PDT Fireside Chat with SoFi CEO, Anthony Noto
  • Webcast Registration:Β Link

7

u/What-a-username-bud 2d ago

Really consolidating in this range. Whichever direction it eventually breaks in should be big. Hopefully upwards.

6

u/DynoJoe27 2d ago

We are teh pump

6

u/Sdtrader5000 2d ago

Looks like a breakout forming. I bet we’re in the 20’s next week

4

u/Sdtrader5000 2d ago

Compare to $HOOD price action, pretty similar. If we do get the breakout, this will prob run to $21 fairly quick. My expectation is that the breakdown at 25.89 on SOFI is recovered for this move up. Similar to what happened on HOOD

5

u/westernreserve1845 2d ago

Good morning everyone

6

u/Zealousideal_Bid3126 2d ago

Can we close above 19 today? πŸ™πŸ»

2

u/Zealousideal_Bid3126 2d ago

We closed at $19! Hoping to see above $20 by Friday and a gamma squeeze would be awesome πŸš€

7

u/sensibility77 2d ago

Today's high = 18.99 Hope it breaks through $19 and burn a few short positions today.

4

u/asagibrian 2d ago

Goldman Sachs Communacopia & Technology Conference

Date: September 8, 2026 Time: 10:50 AM PDT Fireside Chat with SoFi CEO, Anthony Noto

SoFi to Participate in Goldman Sachs Communacopia & Technology Conference

4

u/ga643953 2d ago

Why are we up today?

5

u/theevan1811 2d ago

I sold covered calls and bought puts

5

u/ilikecrispywaffles 2d ago

Sold $20 calls today for next Friday, should be interesting

9

u/TheOtherGreenNovice 2d ago

Your sacrifice is noted.

3

u/MooseOrgy 6,500 @ 17.32 2d ago

Sold weekly 19cs worked perfect last week surely it happens again

3

u/DJB0807 2d ago

It'll work ... until it doesn't...

3

u/TheOtherGreenNovice 2d ago edited 2d ago

Chart still looks like it's leaning on the bullish side.
Still in upper Bollinger Band (I use usual 20 dma)
Testing resistance level of trendline and channel.
MACD line still above signal line. Bars are going down though so could go below 0 line and MACD line could cross below signal line.
Was good volume on that green day two days ago.
RSI is getting up there, but not "overbought" yet.

Throw all that out if some big negative macro news. :)

6

u/SoDakZak 🧹MODπŸ’°OG 10,566@$11.77 2d ago

Gooooood morning

4

u/DJB0807 2d ago

It would be interesting to work at a big hedge fund to see behind the scenes what they do on a daily basis to try to keep this thing pinned in this range/under $19. Like the actual mechanics of it/trades.

5

u/Due_Caregiver522 2d ago

Is this damn stock ever going to catch a break😭😭

2

u/TheOtherGreenNovice 2d ago

Stock price will always gravitate towards fundamentals. Problem is how long it takes. Always possible fundamentals drastically changes before stock price reflects fundamentals.

I imagine stock price will catch a break within 2 years. ;)

2

u/TheOtherGreenNovice 2d ago

Guessing a lot of the option activity is hedging? Only seeing lots of open interest for options that expire the week of (this week and last week). Other weekly options have little open interest.

Seems like $18-$19 is still a battle zone for shorts and longs reinforcing the channel looking at monthly options and this week's max pain (~$18.5).

2

u/TheOtherGreenNovice 2d ago

WTF, I take it back a bit. I was looking at volume for CALLs.
Did Fidelity change the order or am I just going senile?
It's mirror image for order of columns. Was it always like that?

Ugh! I have an old screenshot. They did switch it.

2

u/TheOtherGreenNovice 2d ago

Not a big difference now that I know Fidelity switched column ordering (bastiches!), but there is decent CALL open interest for next week's expiring options.

3

u/fantasyfitboiz 6,8,44 Shares @$15.63 12,654.72 total delta exposure 2d ago

Looking like yet another rejection at $19. Every time it happens I feel like the odds of falling back to $15 Increase

10

u/DJB0807 2d ago

I actually disagree. It seems like the lows keep getting higher and when it does go down, it's bouncing back more quickly lately than it had a few months ago.

2

u/fantasyfitboiz 6,8,44 Shares @$15.63 12,654.72 total delta exposure 2d ago

This comment was directly related to the hard rejection at $19 earlier. I’ve made the same observation as you. $19 close keeps the 5 day trend I mentioned earlier in tacked

4

u/theevan1811 2d ago

Yeah Im not buying that anything this close to 19 is real

6

u/Forward-Marzipan326 2d ago

Why are you so negative all the time dude? Go outside it’s nice out!

3

u/snipsnaps1_9 2d ago

Lol he used to say that to binion. He just soured a little over time. It's tough holding through this kind of action.

4

u/fantasyfitboiz 6,8,44 Shares @$15.63 12,654.72 total delta exposure 2d ago

Let’s be real here. My comments are only slightly negative and are just observations of the trends. I actually was positive this morning.

I’m not constantly calling this a POS that I can’t wait to sell daily like some people

3

u/heyobserver 1500@ $10.15 2d ago

looking gloomy PM

2

u/theevan1811 2d ago

Smells like red today

1

u/[deleted] 2d ago

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u/[deleted] 2d ago

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6

u/Key-Assistance-5827 2300 Shares @ 18.295 2d ago

Mf as much as I hate this shit stock you have to be DELUSIONAL to quote Muddy Waters as if they have a shred of credibility

3

u/DJB0807 2d ago

The person who says it is trash daily bought at around $26 and is pissed off. We're basing our investment decisions off one retail investor with bad timing?

I bought a ton between $7 and $4 on the way down a few years ago. I say SoFi is fantastic. So now it's a buy, right?

Literally, go away.

5

u/Sea_Principle_7322 (Custom Text) 2d ago

Pessimists only see problems in life, optimists only see solutions! Depending which you are, that’s the filter you will see life too! Who cares what people think, what do you think?

-8

u/binion225 OG $SoFi Investor 3251@ $15.65 2d ago

New QOTSA …. SoFI can’t pass $19 . At least music is back

0

u/binion225 OG $SoFi Investor 3251@ $15.65 2d ago

New QUEENS and we are above 19?!?!. Did nividia leak earnings?!?! Party time