SoFi (SOFI) shares down 50% in 2026; StoneX predicts recovery

Published on 10/13/2026 · Source: cnbc.com

AI Summary

Summarized by AI from the source below

SoFi Technologies (SOFI) has experienced a substantial decline in its stock value, losing nearly 50% of its price in 2026. Despite this sharp decrease, StoneX, a financial services company, anticipates a recovery for SoFi, suggesting potential growth opportunities for the company in the near future. The specifics of their projection were not detailed in the report, but the sentiment from StoneX is notably positive regarding SoFi's prospects.

The report from StoneX indicates optimism about an upturn for SoFi, although the specific catalysts or strategies expected to drive the recovery were not disclosed. Investors may look to this guidance as a sign of future growth potential despite the recent downturn in share value.

Understanding StoneX's view is crucial for investors as it hints at potential recovery opportunities for SoFi, which has seen significant losses.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

Our take

Opinion from the Newsstocks AI desk, not investment advice

In our view, StoneX's positive outlook suggests potential for improvement in SoFi's performance. However, without specified catalysts, investors should weigh other factors before drawing conclusions.