Is SoFi Stock a Buy in October 2026?

SoFi Technologies stock has fallen 50% from its November 2025 peak of $32.21 to around $15, despite strong fundamentals including 35% member growth to 15.8 million and 42% product growth. The decline is attributed to Fed rate hikes and investor concerns about lending activity, but the stock now trades at an attractive 11x adjusted EBITDA valuation. Analysts project 27% revenue CAGR and 37% adjusted EBITDA CAGR through 2028, suggesting the stock may be undervalued relative to its growth prospects.