Is SoFi Technologies (SOFI) Undervalued After Its Orbi And Mastercard Crypto Card Deal?

SoFi Technologies (SOFI) is back in focus after its SoFi Tech Solutions unit partnered with Mexican fintech Orbi and Mastercard to roll out a crypto-linked card program for consumers in Mexico.

Recent trading tells a different story to the headlines. SoFi Technologies’ share price has fallen 6.1% over the past week and is down 15.7% over 30 days, with year to date share price return down 47.9%, even though the three year total shareholder return is almost 97%.

Scan how SoFi Technologies compares with other fast-moving fintech and payments plays by reviewing the hand picked 17 cryptocurrency and blockchain stocks that are leaning into digital assets and cross border transactions.

SoFi Technologies has rolled out fresh crypto and stablecoin deals at the same time its share price has slid hard this year. Does that slide now fairly capture the risks, or still leave more upside on the table for new buyers as valuation comes into focus?

Most Popular Narrative: 15.3% Undervalued

The most followed SoFi Technologies narrative pegs fair value at $16.89 per share, above the recent $14.30 close. This frames the current slide as a potential gap between story and pricing.

Sofi Technologies (SOFI), investors.sofi.com, is rightfully considered one of the key contenders for a spot in the "portfolio of the future." In April 2026, the company is demonstrating a transition from a stage of aggressive growth to a stage of scalable profitability, making it a unique hybrid of a bank and a technology platform.

See why 8 investors see SoFi Technologies as 15% undervalued.

According to DDakhno, the thesis leans heavily on SoFi Technologies combining a technology platform with a regulated financial operation that can support lending, payments and now crypto rails on a single stack. That narrative also flags valuation as a key swing factor, with the business described as profitable yet carrying a forward earnings multiple that requires consistent execution.

Revenue of $4.27b and net income of $636.26m put hard numbers behind that story. The implied fair value assumes a discount rate of 7.87% and a profit margin of 14.76%. The narrative fair value of $16.89, compared with the current share price of $14.30, suggests the market is pricing SoFi Technologies at a discount to this thesis even as short term returns over 1 year, 3 years and 5 years have been volatile.

Result: Fair Value of $16.89 (UNDERVALUED)

Still, the SoFi Technologies story runs into real friction if lending quality weakens in a tighter credit cycle or if rich P/E expectations collide with slower profit growth.

Find out about the key risks to this SoFi Technologies narrative.

Another View: SoFi Technologies Looks Expensive On Earnings

The story changes when you switch from fair value narratives to straightforward P/E math. SoFi Technologies trades on roughly 29x earnings, compared with an estimated fair ratio of 21x, the US Consumer Finance sector at 8.5x, and closer peers at 11.8x. That gap suggests there may be material valuation risk if sentiment cools.

For investors weighing this richer pricing against the growth case, the question becomes simple. Is the premium multiple a reasonable cost for access to SoFi Technologies’ business model, or does it now imply paying too much for the same $1 of earnings compared with alternatives?

See what the numbers say about this price — find out in our valuation breakdown.

Next Steps

Mixed signals around SoFi Technologies can either freeze you or push you to check the numbers yourself and move before sentiment shifts again. To weigh both the concerns and the bright spots side by side, start with our breakdown of 2 key rewards and 1 important warning sign.

Looking for more investment ideas beyond SoFi Technologies?

If you stop with SoFi Technologies, you only see one angle. Broaden your watchlist with focused stock ideas that match how you like to balance risk and opportunity.

• Target potential mispricing by scanning a curated pool of companies that combine quality fundamentals with attractive valuations through the 35 high quality undervalued stocks.
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