Why Is SoFi Stock Crashing, and Should You Buy the Dip?

By Parkev Tatevosian, CFA – Mar 21, 2026 at 6:54PM ESTFor several months, I had been warning investors that SoFi (SOFI 1.05%) stock was too expensive. Since my warnings, the stock has crashed to lower levels. *Stock prices used were the afternoon prices of March 19, 2026. The video was published on March 21, 2026. Read NextMar 21, 2026 •By Matt Frankel, CFPSoFi Just Got Hit With a Short Report -- Here's Why I'm Not SellingMar 21, 2026 •By Neil PatelWhere Will SoFi Technologies Be in 5 Years?Mar 20, 2026 •By Jennifer SaibilCan SoFi Stock Reach $30 by the End of 2026?Mar 19, 2026 •By Travis HoiumSoFi's CEO Hit the "Buy Now" ButtonMar 18, 2026 •By Josh Kohn-LindquistStock Market Today, March 18: SoFi Technologies Dips 1% Day After Short ReportMar 17, 2026 •By Josh Kohn-LindquistStock Market Today, March 17: SoFi Technologies Falls After Short Seller Alleges Aggressive Financial EngineeringAbout the AuthorA Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.TMFParkevX@TMFParkevStocks MentionedSoFi TechnologiesNASDAQ: SOFI$16.94(-0.85%)-$0.15*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.