SoFi Is Down 40%. Here's the Truth About The Situation

Reasoning: Couch Investor believes Meta is still 'undervalued' and expresses no surprise at its strong performance, suggesting it 'should have been over $800 without Muse.' Couch Investor praises Meta's recent Meta Connect announcements, including the comprehensive integration of Muse AI into its hardware, offering advanced voice and real-time video features, and its hands-free availability on smart glasses. Couch Investor particularly highlights the innovative launch of Meta glasses as FDA-approved hearing aids, providing an affordable solution for mild to moderate hearing loss, and audio-only smart glasses to appeal to a broader market of 2 billion glasses wearers. Couch Investor also notes the new Meta Ray-Ban Gen 3, a partnership with Lisa, and the upcoming VR headset (priced at $1,200-$1,300, shipping Spring 2027, 'on track to be sold at no loss'). Couch Investor views the Muse Charm device as a strategic move to boost Muse AI adoption. Couch Investor commends Meta for its risk-taking, innovation, and efforts to expand niche categories, asserting that these initiatives are proving successful and that Muse AI represents 'one of the most successful new AI product launches since ChatGPT.' Couch Investor mentions Mark Zuckerberg's strategy to offer AI intelligence for free and monetize through transaction fees via AI agents.

Reasoning: Couch Investor acknowledges SoFi as a frustrating stock with 'miserable performance' (down ~40% YTD) but remains optimistic and personally holds all shares, with no plans to sell. Couch Investor highlights its attractive valuation (trailing P/E 34.4, forward P/E 22.6, PEG 0.6) given its strong business growth: 40% revenue increase, 61% net income, 35% member growth, and 56% tangible book value per share increase. Deposits reached $45.5 billion, and lending hit a record $14.8 billion (+69%). The company also raised its revenue guidance for 2026 despite a worse macroeconomic outlook, a point Couch Investor considers a success. Couch Investor attributes the stock's underperformance to macro factors rather than company fundamentals and believes long-term investors should 'see through the talk' and focus on the company's consistent growth and improving business. Couch Investor notes CEO statements predicting SoFi will be at 1 million SoFi Plus members in a year, generating $120 million in annual revenue, and expects a 20-30% Return on Tangible Equity. Couch Investor argues SoFi should not be valued like a traditional bank due to its high growth rates (Revenue CAGR >30%, Adjusted EPS CAGR 38-42% for 2025-2028). Couch Investor believes the Q3 commentary for Q4 and 2027 outlook will be crucial for stock sentiment, especially concerning interest rates' impact on lending.

Reasoning: Couch Investor describes Nu as an 'enormously well-run company' and a 'very, very good business' despite its stock being down 19% year-to-date. Couch Investor points to strong Q1 results with $1 billion in profit, $5.9 billion in revenue (+39% FX neutral), and a robust 33% return on equity. Customer numbers are almost 140 million. Couch Investor acknowledges that the stock is under pressure due to macroeconomic factors and Nu's rapid investments in global expansion (e.g., Mexico, US), but stresses that this pressure does not indicate a poor company. Couch Investor compares this to Mercado Libre, where investment cycles also put pressure on the stock.

Reasoning: Couch Investor notes Robinhood's positive year-to-date performance, with the stock up 6%. Couch Investor highlights its strong revenue of $1.3 billion (+32% YoY) and 44% increase in transaction revenue. Couch Investor credits the success, particularly in offsetting the impact of a crypto crash, to its 'prediction markets' and successful diversification efforts, which have made the business less cyclical. Couch Investor emphasizes Robinhood's good execution, leadership, and diversification as reasons for its current strong position, stating that it's a 'very good company to be involved with'.