Fool.com contributor Parkev Tatevosian explains what rising default rates mean for SoFi (SOFI +0.38%) stock investors.
*Stock prices used were the afternoon prices of May 19, 2024. The video was published on May 21, 2024.
SoFi Stock Analysis Reveals Status of the U.S. Consumer
By Parkev Tatevosian, CFA – May 22, 2024 at 8:13AM
NASDAQ: SOFI
SoFi Technologies
Market Cap
$34B
Today's Change
(0.38%) $0.11
Current Price
$29.14
Price as of October 31, 2025 at 10:14 AM ET
SoFi's management team expects loan default rates to increase in the next few months.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.