Should You Buy SoFi Stock Before Wednesday?

Couch Investor argues that SoFi's business performance is currently detached from its stock price due to negative market sentiment. Couch Investor emphasizes that the company is a fast-growing business with revenue growth consistently between 37% and 43% over the last four quarters. Couch Investor states that profitability is improving rapidly and the trailing P/E ratio is low given the bottom-line expansion.

Couch Investor addresses the upcoming earnings report and its timing with the FOMC meeting, suggesting that Fed commentary could impact SoFi's stock price more than the results themselves. Couch Investor expects SoFi to be prudent with its guidance, likely maintaining current targets while accounting for a more cautious interest rate environment. Couch Investor also notes that net charge-off rates remain manageable at 4.4%, well below the company's modeled safety net.