How Benzinga’s view on $SOFI changed

Channel profile →This channel has 11 credited speakers: Broadcom CEO Hock Tan, Counterpoint Research, Jeff Kilberg (KKM Financial), Jim Cramer / George Kurtz, Ken Langone, Lion, Rothschild (rejected), Swing Baron, Third party cited in the quote, Tim Melvin / Lawrence Chang, Timothy Horan (Oppenheimer)1 entry
2026-09-29Bearish
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SOFI technicals show failure on monthly/weekly charts; speaker dislikes current price action but sells puts to acquire shares at ~$15.20.

SoFi I just saw on the screen. We put that position on yesterday in our Benzinga portfolio is trading up 17 cents.

SoFi. Let's take a look. Ask me what what do you think of it? What do you think of it? Um, so so far on the monthly chart I thought it you see this pullback. Yeah. So it had a huge rally and a huge pullback.

So I thought on the monthly it might go back up but as you can see the evidence is that it's actually failing. The green bar that it put in last month is now it's below it. If you look at the weekly it's failing.

Hasn't completely failed. What if it actually goes back up here like it sets up again goes back up. So it hasn't completely failed. But if it takes out the low iss like 14 1480 or so I mean whatever the low is here that's 1488 then it's probably lower. So I don't like it.