Jim Cramer on SoFi: "I Think the Stock Has Not Come Down Enough"

SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer discussed, along with recent market rotation. Noting that the stock has somewhat declined recently, a caller asked if they should buy more shares at the lower levels. Cramer replied:

“I think actually, believe it or not… I think the stock has not come down enough. But I think the stock acts what I call heavy. There’s a lot for sale. I want you to wait. I’m not going to give you the go-ahead to buy it. And by the way, I’ve liked the stock since 5. I’m on record telling Anthony Noto. I think it was right. So, I’ve got some what I call gravitas.”

SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products. On December 17, 2025, a caller asked for Cramer’s advice on the stock, and he responded:

“Okay, SoFi stock is right now enjoying, I could say, a pullback, and I don’t want to buy it until I think we’re further along in the pullback because now it got a very high price-to-earnings multiple. Why don’t we wait to see if it can’t, you can’t get this stock at $20. You can buy a little, 23 say, but I don’t want you to pay at these prices.”

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Disclosure: None. This article is originally published at Insider Monkey.