A Fresh Look at SoFi’s Stock After the Iran Agreement

The recent agreement between the U. S. and Iran has brought some calm to markets, and investors are watching closely to see how this plays out. Oil and gas prices had been climbing due to tensions in the region, especially around the Strait of Hormuz, where a lot of global energy passes through. Higher energy costs pushed inflation up, with U. S. prices rising by 4. 2% in May—the fastest jump in three years. But now that the deal is on the table, oil prices have dropped from their earlier highs, even if they’re still pricier than at the start of the year. SoFi, a company that grew fast last year, has seen its stock fall in 2026, losing ground to the broader market. Some of its struggles come from outside forces, like inflation making loans more expensive and raising the chance of higher interest rates. The crash in cryptocurrency also hurt SoFi, which had just restarted its crypto trading business. Missing out on being added to the S&P 500 didn’t help either. Inside the company, losing a big client for its tech platform and raising $1. 5 billion in cash—though smart at the time—has added to the uncertainty.Still, SoFi isn’t out of the game yet. Over the past two quarters alone, it added over a million new members, and it expects that number to keep growing by at least 30% this year. These members aren’t just numbers—they’re potential customers for more products. SoFi’s strategy of selling multiple services to the same person is working, with nearly half of its new subscribers also buying another product. The company’s loan platform, where it connects borrowers with other lenders, is another bright spot. SoFi turns away $100 billion in loan requests every year because of strict credit rules, but by partnering with other lenders, it still makes high-margin, low-risk money. Last quarter alone, it handled $8. 4 billion in loans this way. Not everything has gone smoothly, though. Losing Chime as a big tech client was a tough break, but SoFi is fighting back by buying up smaller companies to boost its tech. Just last month, it picked up Peach, a lending tech startup, and a majority stake in PrimaryBid, a U. K. fintech firm. When it comes to stock value, SoFi trades at about 28. 56 times its forward earnings—a figure that looks reasonable compared to its growth. Some investors worry about its price-to-book ratio, but that number matters less for a company that blends traditional banking with fast-moving fintech. With the Iran deal easing some of the bigger economic pressures, SoFi might finally have a chance to rebound. The company’s mix of member growth, cross-selling, and smart loan partnerships could make it a strong pick—if the market gives it a chance.