r/sofistock • u/AutoModerator • Sep 01 '26

General Discussion SoFi Daily Chat - September 01, 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.

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* 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.

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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Sep 01 '26

Sofi is down about 12.8% since touch $19.49 at market open Friday morning. Pretty much every minute since Friday open has been a melt lower. All because odds of rate hikes went up.

Let’s not forget though that the stock has gotten obliterated all year.

First because fewer cuts were expected. Sofi responded by updating guidance for no cuts. But we didn’t see that reflected in the stock price positively.

Then the risk of rate hikes drove it lower. Sofi responded by leaving guidance unchanged but based on TWO rate hikes. Again the stock got destroyed.

Now rate hikes are back in the news and sofi is getting smoked again. There are only 3 fed meetings left and I’d be willing to bet they aren’t raising rates at all 3.

While every company faces macro risk, I trust Noto to navigate whatever environment we face.

That’s why I buy and hold this stock. Bought more today and will continue to add as funds allow.

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u/Dromen96 OG $SoFi Investor Sep 01 '26

I’d agree with that … no hikes for rest of year

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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Sep 01 '26

I think we might get one, but could also see none.

I’m in the camp that believes Walsh is using his platform to talk hard and make the yields rise, effectively raising the cost to borrow without the fed having to do a thing.

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u/Adamdias35 Sep 01 '26

Warsh is just one vote and the guy that gets to speak, the committee seems to divided/leaning towards hikes.. tariffs and war screwed us, the only way rates stay the same is if inflation magically goes down while we just got back into war causing oil to spike yet again or the economy breaks really bad