Should You Buy SoFi Technologies (SOFI) Ahead of Q1 Earnings?
SoFi Technologies, Inc. (SOFI) will report its first-quarter 2024 results on Apr 29, before the bell.Let’s check out how SOFI is currently doing.Stock Performance & ValuationThe stock gained 30% over the past year. Although an impressive gain, outperforming the Zacks S&P 500 composite’s rally of 21.8%, the stock has underperformed the 47.3% rally of the industry.On the basis of EV-to-EBITDA, SOFI is currently trading at 13.55X compared with the industry’s 57.18X. If we look at the Price/Earnings ratio, SOFI ...