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SoFi stock is up after the company reported Q2 earnings. Is the stock a buy right now?
In this video, I will be going over SoFi Technologies' (SOFI -1.70%) second-quarter earnings report, which blew everyone's expectations out of the water. The stock is up over 100% this year alone, but reaching profitability by Q4 could send this stock to greater heights.
*Stock prices used were from the trading day of July 28, 2023. The video was published on July 30, 2023.
Neil Rozenbaum has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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