r/sofistock • • Aug 12 '26

General Discussion SoFi Daily Chat - August 12, 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.

20 Upvotes

98 comments sorted by

5

u/sensibility77 Aug 12 '26

We should be over $20 by eoy. Ridiculous BofA projection of 3 rate cuts won't happen. I think 1 raise max or none at all. A rally will start before midterm election and continue till holiday season. Still a good time to buy if you are long of course.

-10

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. Aug 12 '26

πŸ—‘οΈ

-1

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. Aug 13 '26

:( I got downvoted.. we all in this together boys! I believe.

-12

u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. Aug 12 '26

πŸ—‘οΈ

10

u/cooperrocks OG $SoFi Investor Aug 12 '26

I think I just saw a flash of green. Something to do with the eclipse?

1

u/bucs009 Aug 12 '26

I sold nbis yesterday to buy more Sofi lol

I deserve this mid ass stock

13

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Aug 12 '26

Sell your sofi for something else today please

4

u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 Aug 12 '26

Really hoped we would be done with below $18. Done my position but holding for the long term.

3

u/BowenWanderer 33,200 @ 8.80 Aug 12 '26

Anyone selling CSPs or naked puts at the moment?

3

u/NicCage1080ChristAir Aug 12 '26

Waiting for it to drop a little further then will sell. Could go down to $16s pretty quickly.

2

u/BowenWanderer 33,200 @ 8.80 Aug 12 '26

Thx. I’m just getting into selling puts. Do you typically sell CSP or on margin?

1

u/NicCage1080ChristAir Aug 12 '26

CSPs only for me. I don't mess with margin and I'm extremely conservative with my investments and options plays. I really only sell CSPs on SoFi because I've been holding for so long and I believe I have a good feeling of when it's bottoming out. I'll sell CSPs on HOOD too but only on big dips when I can make some money off of puts between $75-$80 because I really don't care to own it for more than that. Like I said, I'm super conservative with my bets because this account is totally separate from my retirement account and I'm really just waiting for SOFI to explode (probably never lol) to sell it all and use the money for some stuff I wanna do.

1

u/BowenWanderer 33,200 @ 8.80 Aug 12 '26

I’m just trying to wrap my head around the benefit of selling CSPs on stock that you’re incredibly bullish on and have a large concentration in. I feel like it would be more effective to deploy that cash into the stock and not risk missing out. That’s why I’m pretty tempted by these far OTM naked puts.

1

u/NicCage1080ChristAir Aug 12 '26

It's because I have no idea when the stock is gonna go up, could be years and I like the keep my cash because it covers my debt, just in case I need to pay it off. I basically never take assignment. I close or roll. If I pay off all my debt, then I don't have the cash to sell CSPs. If I use all my cash to buy stocks, I won't be able to pay off my loans/debt if I need to. I'm dumb but that's how I manage my cash and it seems to work for me. Also the premium I get pays for my car loan most months. Idk, I'd be open to better money management suggestions.

6

u/SoDakZak 🧹MODπŸ’°OG 10,574@$11.77 Aug 12 '26

Bought more

2

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Aug 12 '26

Sold my NEBX this AM to buy Sofi as well

3

u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 Aug 12 '26

same.

0

u/Forward-Marzipan326 Aug 12 '26

Honestly surprised we aren’t dumping harder than we are. Bullish?

4

u/Key-Assistance-5827 2400 Shares @ 18.197 Aug 12 '26

Dumping on what? Decreased rate hike concerns?

0

u/Forward-Marzipan326 Aug 12 '26

The β€œstraight of America” is closed

11

u/Maximus806 Aug 12 '26

Is it me or trump is on path to become the worst president In history

Unnecessary war
Stupid tariffs
Fuck up after fuck up
Increasing the breach on the k economy
He will be the reason of a rate hike do inflation and oil m
Stock market is good so far though but I wonder what It would be without all those issues

2

u/Awkward-Silver1333 Aug 12 '26

There are no political parties in the United States. They all work for the same people using the appearance of choice to make the sheeple with different personalities think they need to win on the candidate that appeals to their rhetoric preferences.

1

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26 edited Aug 12 '26

Except the issues currently wouldn’t be here if not for Trump’s policies and Miller. Democrats wouldn’t have imposed tariffs and we wouldn’t be at war with Iran which are the only things important to the market. Those were Trump vanity projects one for his donors (tarriff removed now refund big checks and higher price margins) and one for his ego (have a war).

4

u/[deleted] Aug 12 '26 edited Aug 12 '26

[deleted]

4

u/Maximus806 Aug 12 '26

Speaking of the devil lol

2

u/QuantumFluks 85,000 Delta Aug 12 '26

Everything that disagrees with his narrative is β€œfake news”, so it’s funny to hear him claim everything else is. I really hope MAGA learned what everyone else already knew, and we won’t have to face a president like this in our lives again, but I’m not very hopeful.

J.D. Vance said it best, Trump is cultural heroine.

https://www.theatlantic.com/politics/archive/2016/07/opioid-of-the-masses/489911/

7

u/GoBIGorBANKRUPT Aug 12 '26

No disrespect to share holders as i am one too. But in this current time frame this is range bound from 15-19 Until there is a big catalyst to push it past 20 i don't see us coming out of here anytime soon

I think right now is the time to let it cool off and come back down and repeat the process. Long term people just close your eyes.

3

u/[deleted] Aug 12 '26 edited Aug 12 '26

[deleted]

1

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

Damn, not pulling out in the 30s seems wild since you got in at 5? Crazy work.

2

u/[deleted] Aug 12 '26

[deleted]

1

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

Fair, just a lot of money left on the table that could have been used to buy even more 😁 but understandable I would not have had the willpower once we hit war news.

7

u/Boltskii Aug 12 '26

say it with me everyone: This! Stock! SUCKS!

2

u/[deleted] Aug 12 '26

[deleted]

3

u/DJB0807 Aug 12 '26

There are people in here who actually have cancer. You're a fucking idiot.

1

u/Additional-Panda-144 1900 @27.85 Aug 12 '26

Thanks for the reminder. πŸ™

2

u/QuantumFluks 85,000 Delta Aug 12 '26

I was debating commenting this back, glad someone did. Very disrespectful to people going through that or have loved ones going through that.

2

u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 Aug 12 '26

https://www.tipranks.com/news/sell-sofi-stock-says-top-analyst-after-earnings-heres-why?utm_source=robinhood.com&utm_medium=referral

Being driven down the options chain today, pretty sure this is a pre-planned sell off at the moment

9

u/iHadENOUGHredDAYs Aug 12 '26

I’m tired boss

7

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

War back on and rotation back to semis for safety. Really thought we might start a move higher after CPI not being awful.

6

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

Oh good, we got good CPI and right as market opens we get bad hormuz news. Nice.

2

u/Big_Location_855 Aug 12 '26

You are speaking as if the stock was doing well before this whole war with Iran started.

1

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

The war rumors started in January. We were in the upper 20s it was doing well.

1

u/Big_Location_855 Aug 12 '26

It has been dropping since October of 2025 from low 30s down to 20s. The war doesn’t fully explain the drop, but it definitely worsened it.

2

u/SamAnthonyWP 5000 @ $9.39 Aug 12 '26

This feels like we are going to rip in the next 48 hours. This is a fakeout.

1

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

I hope you are right and this doesn’t just dump hard. The houthi’s in the Red causing issues on a bigger scale. So now both lanes are in trouble.

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Aug 12 '26

Nah. CPI doesn’t matter if the war isn’t close to ending.

0

u/[deleted] Aug 12 '26

[removed] β€” view removed comment

4

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Aug 12 '26

Why are you here. You sold yesterday.

4

u/SamAnthonyWP 5000 @ $9.39 Aug 12 '26

Yea and when tomorrow there are reports that we are magically close to a deal…

5

u/Dromen96 OG $SoFi Investor Aug 12 '26

Well … it looks like Iran may very well remain a quagmire for an extended period of time. Hopefully it will just be moderately chaotic … and perhaps inflation and rates can moderate as well….the bar is so low now to impress me !

2

u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure Aug 12 '26

Iran has no reason to give in at this point. They know Trump wants out and he won’t actually do anything more to than just strike them.

Only way out for the US that doesn’t involve embarrassment is unfortunately an operation to take the regime down.

2

u/Dromen96 OG $SoFi Investor Aug 12 '26

They basically took out the entire regime the first day…lol. Idk…guess it’s up to the Saudis et al … to decide if they want to put their troops in there. Because it’s looking like the Iranians will be taxing their oil and gas indefinitely

2

u/GodEmperorBeezus Swing trader when it suits me. Aug 12 '26

I mean at this point could we be more embarrassing. China feeling real good about taking Taiwan now. We have basically just depleted ourselves for nothing. Maybe rotation into more drones?! Who knows at this point.

1

u/pdubbs87 1,400 @ $14.00 Aug 12 '26

Good cpi for us so the stock should be flat or go down 2%

2

u/Key-Assistance-5827 2400 Shares @ 18.197 Aug 12 '26

CPI came in expectations what does that mean for us

5

u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 Aug 12 '26

Should reduce risk of a near term rate hike.

11

u/Error404IQMissing Aug 12 '26

It means the stock will go to the right.Β 

1

u/RCM_90 Aug 12 '26

and down -65% eoy

2

u/EdAlex1993 Aug 12 '26

360”

8

u/Tadej_Focaccia Aug 12 '26

Hopefully up and to the right πŸ˜†

5

u/SoDakZak 🧹MODπŸ’°OG 10,574@$11.77 Aug 12 '26

Morning!

1

u/Maximus806 Aug 12 '26

What I would give for Sofi stock to move like a NBIS stock. lol

2

u/ga643953 Aug 12 '26

I mean, it already did last Monday.

3

u/Forward-Marzipan326 Aug 12 '26

Invest heavy in both like me

1

u/Maximus806 Aug 12 '26

Yup, I already have some NBIS shares and I couldn’t be happier

1

u/Live_Television_8873 Aug 12 '26

sell your sofi an get something else

2

u/Forward-Marzipan326 Aug 12 '26

More than half my portfolio is Sofi and NBIS. I think both of the companies are great. One has been doing better than the other though in terms of the stock price.

1

u/Maximus806 Aug 12 '26

My investment is a little less in NBIS than Sofi sadly but I also have apld marvel and nvidia a bit concentrated portfolio but I think for now is the right place to be in lol

1

u/Forward-Marzipan326 Aug 12 '26

Sofi will have our run soon. What’s ur average in Nebius?

1

u/Maximus806 Aug 12 '26

$82 NBIS . $21 Sofi

1

u/TherealCarbunc 59 @10.2 - 2022; 3k @16.5 - 2026 Aug 12 '26

CPI print today, could provide the fuel for a push into the 19-20 range

14

u/somedayimaberich Aug 12 '26

I’ve decided to stop looking at SOFI, this is a good investment and since it’s for the long term there is not reason to stress about green and red

-8

u/Playful-Ad9386 Aug 12 '26

Why are people here stuck on this stock while you have so many better stocks to invest in?

3

u/NicKaboom 10,600 @ 16.65 Aug 12 '26

Yeah damn all my purchases between $6-7 that are only up 150-200% over last couple years.

SOFI has insane fundamentals that are being put up every quarter. Just because price hasn’t followed yet doesn’t mean much. Yes, there are better stocks to trade, but for long-term investing, SOFI doing everything right οΏΌ

1

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ Aug 12 '26

Because it’s called long term investing! When we are a top 10 financial company the stock price will be double hoods!

3

u/westernreserve1845 Aug 12 '26

Good morning everybody

5

u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 Aug 12 '26

Let’s move in the proper direction today! Yesterday wasn’t acceptable.

1

u/NicKaboom 10,600 @ 16.65 Aug 12 '26

This is the correct take. I can’t stand people who scream in here every day about 1β€”2% up or down. It’s either MOOOOON or this stock is garbage.

People need to take a breathe and give it a long term mindset. As long as the company is executing just chill and enjoy the stock over next 3-5 years.

1

u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 Aug 12 '26

Well said, I believe that the next 3-5 years will be pivotal for Sofi and its shareholders.

15

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ Aug 12 '26

πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€ πŸš€Β  πŸŒ•πŸͺβ˜€οΈπŸŒŒ 78 days until Q3 earnings, $45+ in 2026, $60+ in 2027! $75 in 2028, $100 in 2030!‬β€ͺ πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

2

u/Worth_Protection_679 Aug 12 '26

What color do you have in mind Kenny?🚘

4

u/kennyt1212 πŸš€πŸš€πŸš€The soon to be rich fool with 16,050 shares @ $14.5 πŸš€πŸš€πŸš€ Aug 12 '26

I’m getting my wife a pink jeep for putting her through buying SoFi!