Verdict
Fairly valued
What is SoFi Technologies, Inc. (SOFI) worth?
Currently $17.64 — 7% discount to Dolphy’s fair value · ● live
Financial
medium confidence in the point estimate
● live · as of 2026-07-21 21:13 · Market cap $23.8B
As of 2026-07-15, SoFi Technologies, Inc. (SOFI) looks fairly valued. Dolphy estimates a fair value of $19.00 versus a current price of $17.64 — a 7% discount to fair value.
Executive summary
SoFi Technologies (SOFI, current price $18.55, data as of July 15, 2026) is a digital bank holding company that has achieved sustained profitability. Its subsidiary SoFi Bank holds a national bank charter. Operations are divided into three segments: Lending, Technology Platform (including Galileo and Technisys), and Financial Services. The company is growing strongly — FY2025 revenue of $3.61B (YoY ~+42%), net income of $481M, EPS of $0.39; Q1 2026 revenue of $1.10B, net income of $167M (diluted EPS of $0.12), TTM net income of approximately $577M.
We use a financial institution framework (forward P/E and P/B-ROTE dual-track, supplemented by scenario analysis) and derive an intrinsic value of approximately $19/share, essentially in line with the current price of $18.55. In other words, SoFi appears roughly fairly valued with a slight discount. The market has already priced in a significant degree of growth and ROE improvement expectations; the real divergence lies in whether the Financial Services and Technology Platform can scale and the personal loan credit cycle. This is a neutral-to-bullish bet with clear odds, not an obviously undervalued opportunity.
How we value it
Hybrid P/B-ROTE and forward P/E, supplemented by probability-weighted scenario analysis
Every figure is computed from SEC filings by the analyst’s calculator tools and fact-checked by a second, independent model.
Investment thesis
About SoFi Technologies, Inc.
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong. The company operates through three segments: Lending, Technology Platform, and Financial Services. It offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money; and personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institution; and Technisys, a cloud-native digital and core banking platform that provides software licenses and associated services, including implementation and maintenance. In addition, it provides SoFi Money offers checking and savings accounts, and cash management products; SoFi Invest, a mobile-first investment platform that offers access to trading and advisory solutions, such as investing and robo-advisory; and SoFI Crypto, a new digital asset trading platform. Further, the company offers SoFi Credit Card that provides cash back rewards on every purchase; Sofi Relay, a personal finance management product that allows to track all of their financial accounts comprising credit score and spending behaviors; SoFi Protect which offers insurance product; SoFi Travel, an application that manages travel search and booking experience; SoFi At Work provides financial benefits to employees, including student loan payments made on their employees' behalf; Lantern Credit, a financial services marketplace platform for seeking alternative products and provide product comparisons; and other lending as a service that offers pre-qualified borrower referrals and offers loans to third-party partner. The company was founded in 2011 and is based in San Francisco, California.
Frequently asked questions
Is SOFI a buy?
As of 2026-07-15, SoFi Technologies, Inc. (SOFI) looks fairly valued. Dolphy estimates a fair value of $19.00 versus a current price of $17.64 — a 7% discount to fair value.
What is SOFI's fair value?
Dolphy's estimated fair value for SoFi Technologies, Inc. (SOFI) is $19.00, versus a current market price of $17.64.
Is SOFI overvalued or undervalued?
SoFi Technologies, Inc. (SOFI) currently looks fairly valued — trading at a 7% discount to Dolphy's estimated fair value of $19.00.
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AI-generated research by Dolphy for educational and informational purposes only — not investment advice. Figures are computed from public sources and may contain errors.