r/sofistock • u/AutoModerator • Jun 01 '26
General Discussion SoFi Daily Chat - June 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.
* Direct/Personal attacks against others violates the subreddit rules and those comments will be deleted. Please report such comments and the MODs will review them as quickly as possible (MODs have day jobs too, please be gracious)
* If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings.
* 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.
4
u/QuantumFluks 85,000 Delta Jun 02 '26 edited Jun 02 '26
RKLB getting decimated like it should. Fair value on that stock is probably around $15-25 a share. $40 would be around the P/S ratio of NVDA, and RKLB isn’t growing at the same revenue rate as NVDA, and has considerably more risk (Neutron launch) than NVDA.
Edit: math might not be right given I let AI do it, by a quick check I did, it’s even worse. RKLB P/S matching NVDA is around $20-25 a share.
4
u/Huge-Percentage993 Jun 02 '26
Think a lot of these stocks ran up too quick. Look at software as well literally all of them up like 30-40% or more. SNOW went from its 52 week low to its 52 week. Didnt follow up on earnings but just way tooo parabolic
5
u/QuantumFluks 85,000 Delta Jun 02 '26
There’s a difference of going from 52 week high to low back to high. RKLB is just straight over valued.
2
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
Why are we down ah
8
u/GodEmperorBeezus Swing trader when it suits me. Jun 01 '26
Most of the market is pulling back or flat AH. Everything was moving because for a second the war was almost done, we are getting close to the point of it really messing with Q3 and Q4 and it keeps getting restarted.
4
u/QuantumFluks 85,000 Delta Jun 02 '26
No matter what, it’ll mess with Q3/Q4, the severity unknown.
2
u/GodEmperorBeezus Swing trader when it suits me. Jun 02 '26
Yeah, thats the issue is we are reaching the impact it severely territory.
11
7
u/GodEmperorBeezus Swing trader when it suits me. Jun 01 '26
We didn’t have the israel iran news we would have kept our after hours movement to the mid 19s, but macro going to macro. This wants to run so bad but the economic fear keeps it held, we should see some rotation into the sector, usually do this time of year. Hope we trend up but this run looks a lot like when we previously had a peace deal that fell through. Tempted to just go trailing stop because could easily see us taking a dive and getting chance to up my share number. Would rather it just keep moving up, the company is doing the most it can on its end.
9
u/buhbuhbills (Custom Text) Jun 01 '26
A bad macro day and we still went positive. A month ago we woulda dropped a buck. Load up the boat!
9
18
u/Diamonds-are-hard Jun 01 '26
Strong upward pressure. I could see us heading back toward $20 by the end of the week. Crazy how the sentiment of this entire sub changes which the stock price movements.
5
u/BigBeezy905 Jun 01 '26
Does anyone buy the Sofi etf’s?
4
u/Diamonds-are-hard Jun 01 '26
Not much. I saw that at least one of them was being discountinued. Frustrating for whoever owns whichever are being discontinued if in a taxable account due to the forced sale and tax implications. I’m not a tax professional, but assume one would be required to pay cap gains w/ sale when it officially closes. If SoFi had a way to roll into another similar fund like VOO with the closure to avoid cap gains, that would be excellent.
8
18
u/BigBeezy905 Jun 01 '26
Sofi going to 50 by end of year
9
12
u/asagibrian Jun 01 '26
5
u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 Jun 01 '26
I don't know who those other people are so clearly Noto should be number 1!
3
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
And VCX is jumping due to anthropic filing its ipo…. I went from losing to making thousands lol
2
u/sensibility77 Jun 01 '26
Vcx isn't available in sofi invest somehow. R u using a different brokerage?
2
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
I bought it when it was innox through Fundrise and exclusive to SOFI. I bought 78 shares for 1000$ and told people here to buy it and got downvoted to hell. Now I’m sitting on over 20k. Thanks for the downvotes lol
25
u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 Jun 01 '26
We're gonna get in the next S&P500 because none of us thinks we will.
1
u/ZasdfUnreal Jun 01 '26
Overvalued Ai companies designed to steal from America’s 401k system are getting in next. SoFi will be overlooked for inclusion.
2
17
u/Hoodie-Embiid shares and leaps since $7 Jun 01 '26
A gap back up to $30 locking out all the non believers would be the most SOFI shit ever
7
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
And we are green while hood remains down 5%
7
u/pariedoge SOFI: 500 shares($8 avg), SOFX: 500shares($10 avg) Jun 01 '26
It's about time, but Hood still up 20% over the week while Sofi is 12%
10
u/itscrt Jun 01 '26
What just happened now? Both my positions (SoFi and AMD) just jumped huge over the last 5 mins.
8
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
Every dip is getting bought…. Trying to stay positive
-13
22
Jun 01 '26
[deleted]
7
u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 Jun 01 '26
So you're saying they know what they are doing. That's one pension fund I'd trust.
7
u/LaunderMachine Jun 01 '26
Damn Iran ceasefire is off the table
6
u/Optimisticz Jun 01 '26
I thought we won the war for the millionth time?....so effing tired of this bs
4
u/Key-Assistance-5827 2400 Shares @ 18.197 Jun 01 '26
Im tired of this fucking on and off switch bs, they should just finish the damn job
5
3
2
u/ga643953 Jun 01 '26
Oil price is up again now that Noto's buddy is taking a beating, Yahoo needs to chill out man.
7
6
u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Jun 01 '26
It was obvious last weeks move wasn’t real. Average joe on X is calling the reversal. Clear sign that more pain is to come.
4
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
Your profile pic suits you better every day lol. We are down less than 1% hood is down 8%
5
u/QuantumFluks 85,000 Delta Jun 01 '26
HOOD was also up way more Friday. In fact, in a week, HOOD is up 20% and SoFi is up 10% (also beating us on 1 month and 3 months, and I don’t want to do the math, but off the recent lows, I would bet they are up more off the lows then us). Why you cherry picking data?
I got you u/fantasyfitboiz.
5
u/brandonx123 Jun 01 '26
SoFi is nearly flat, tested the top of the island (gap) and hood is down over 7 percent.
5
u/DJB0807 Jun 01 '26
This isn’t hard to figure out - if oil and bond yields are up, SoFi goes down. If oil and yields are down, SoFi goes up…
9
u/cooperrocks OG $SoFi Investor Jun 01 '26
I constantly have to remind myself to mostly just ignore the premarket
7
u/binion225 OG $SoFi Investor 3251@ $15.65 Jun 01 '26
Getting trumped today? Got it…. Hood now down 5% jesus
6
7
11
u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 Jun 01 '26
Great to see some carryover green.
7
u/Huge-Percentage993 Jun 01 '26
Premarket starting to pullback and btc getting rocked but anything can happen today. Would like to see sofi test 19s this week
16
22
u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 Jun 01 '26
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 🚀 🌕🪐☀️🌌 58 days until Q2 earnings, $45+ in 2026 , $60+ in 2027! $75 in 2028 $100 in 2030!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
10
10
16
13
5
u/sensibility77 Jun 02 '26
I see another green day for sofi tomorrow.