The Trust Layer for Market Analysts

Despite strong revenue and member growth, SoFi's stock has fallen over 6.5% following earnings announcements. This decline is attributed to the company's high valuation, with the forward P/E ratio approaching 50 and an intrinsic value per share of $18.40, significantly below the market price of $22.92. The speaker previously advised against buying SoFi due to its overvaluation and, after incorporating new information and making adjustments, the intrinsic value per share has been revised downwards to $18.40. Even after the price drop, the stock remains above this intrinsic value, suggesting it is still not a buying opportunity.