MIAX

MIAMI INTERNATIONAL HOLDINGS, INC.

There isn't enough reported data to score MIAX yet.

SOFI

SoFi Technologies, Inc.

70
Fundamentals75/ 100
Valuation71/ 100
Upside potential80/ 100
Risk potential20/ 100

SOFI's fundamentals are strong and it looks cheap: trading at 28x earnings, below its usual 43x. Analysts expect strong earnings growth.

MIAX Fundamentals

MetricStatus
Healthy
Under pressure
N/A
N/A

MIAX's revenue is currently healthy, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like MIAX.

SOFI Fundamentals

MetricStatus
Strong
Healthy
N/A
N/A

SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.

MIAX PE Valuation

MIAX has no meaningful PE right now: it lost money over the past year.

SOFI PE Valuation

CHEAPFAIREXPENSIVE39x78x116x155x
CHEAPFAIREXPENSIVE39x78x116x155x
LevelPEPriceVs current
Forward19x$15.63—
Current28x$15.63—
Cheap33x$18.24+17%
Fair43x$23.82+52%
Expensive53x$29.74+90%

Historical ranges are pointers, not guarantees.

SOFI's PE is in its cheap range at 28x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.

MIAX Forward outlook

MetricOutlook
--
Growth
Growth
Strongly improving
Limited
Moderate

Analysts expect earnings and revenue growth for MIAX, with profitability improving.

SOFI Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for SOFI, with profitability improving.

MIAX Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $36.07 on Nov 12.

There is not enough scenario data to compare MIAX and SOFI's risk to reward.

SOFI Risk to reward

ScenarioChangePrice
Upside+79%$27.97
Downside-20%$12.51

Calculated from the latest close: $15.63 on Nov 12.

There is not enough scenario data to compare MIAX and SOFI's risk to reward.

MIAX Earnings Per Share

Q3 2024: $1.06Q4 2024: $1.28Q1 2025: $1.08Q2 2025: $0.03Q3 2025: $-1.39Forward: $1.83
Q3 2024: $1.06Q4 2024: $1.28Q1 2025: $1.08Q2 2025: $0.03Q3 2025: $-1.39Forward: $1.83
QuarterTTM EPSYoY
Forward$1.83—
Q3 2025-$1.39-231%

MIAX has swung to a loss: it lost $1.39 per share over the past year, after a profit the year before.

SOFI Earnings Per Share

Q4 2023: $-0.36Q1 2024: $-0.29Q2 2024: $-0.22Q3 2024: $0.12Q4 2024: $0.39Q1 2025: $0.43Q2 2025: $0.50Q3 2025: $0.56Q4 2025: $0.39Q1 2026: $0.45Q2 2026: $0.49Q3 2026: $0.56Forward: $0.82
Q4 2023: $-0.36Q1 2024: $-0.29Q2 2024: $-0.22Q3 2024: $0.12Q4 2024: $0.39Q1 2025: $0.43Q2 2025: $0.50Q3 2025: $0.56Q4 2025: $0.39Q1 2026: $0.45Q2 2026: $0.49Q3 2026: $0.56Forward: $0.82
QuarterTTM EPSYoY
Forward$0.82+47%
Q3 2026$0.560%
Q2 2026$0.49-2%
Q1 2026$0.45+4.7%
Q4 2025$0.390%
Q3 2025$0.56+367%
Q2 2025$0.50+$0.72
Q1 2025$0.43+$0.72
Q4 2024$0.39+$0.75

SOFI has the edge over MIAX in the latest year-over-year earnings comparison.

MIAX Quarterly Revenue

Q4 2023: $257MQ1 2024: $273MQ2 2024: $267MQ3 2024: $277MQ4 2024: $324MQ1 2025: $327MQ2 2025: $328MQ3 2025: $340MQ4 2025: $369MQ1 2026: $370MQ2 2026: $388MQ3 2026: $376M
Q4 2023: $257MQ1 2024: $273MQ2 2024: $267MQ3 2024: $277MQ4 2024: $324MQ1 2025: $327MQ2 2025: $328MQ3 2025: $340MQ4 2025: $369MQ1 2026: $370MQ2 2026: $388MQ3 2026: $376M
QuarterRevenueYoY
Q3 2026$376.2M+11%
Q2 2026$387.6M+18%
Q1 2026$369.7M+13%
Q4 2025$369.4M+14%
Q3 2025$339.8M+23%
Q2 2025$327.8M+23%
Q1 2025$327.1M+20%
Q4 2024$323.9M+26%

MIAX's revenue has grown year over year every quarter since late 2024: $376M last quarter, up 11% from the same quarter a year ago.

SOFI Quarterly Revenue

Q4 2023: $615MQ1 2024: $645MQ2 2024: $599MQ3 2024: $697MQ4 2024: $734MQ1 2025: $772MQ2 2025: $855MQ3 2025: $962MQ4 2025: $1BQ1 2026: $1.1BQ2 2026: $1.2BQ3 2026: $1.4B
Q4 2023: $615MQ1 2024: $645MQ2 2024: $599MQ3 2024: $697MQ4 2024: $734MQ1 2025: $772MQ2 2025: $855MQ3 2025: $962MQ4 2025: $1BQ1 2026: $1.1BQ2 2026: $1.2BQ3 2026: $1.4B
QuarterRevenueYoY
Q3 2026$1.4B+44%
Q2 2026$1.2B+43%
Q1 2026$1.1B+43%
Q4 2025$1B+40%
Q3 2025$961.6M+38%
Q2 2025$854.9M+43%
Q1 2025$771.8M+20%
Q4 2024$734.1M+19%

SOFI has the edge over MIAX on sales, with stronger typical year-over-year growth.

MIAX Free Cash Flow

Q4 2023: −$3MQ1 2024: $26MQ2 2024: $82MQ3 2024: −$66MQ4 2024: $30MQ1 2025: $3MQ2 2025: $46MQ3 2025: --Q4 2025: $43MQ1 2026: $49MQ2 2026: $106MQ3 2026: $22M
Q4 2023: −$3MQ1 2024: $26MQ2 2024: $82MQ3 2024: −$66MQ4 2024: $30MQ1 2025: $3MQ2 2025: $46MQ3 2025: --Q4 2025: $43MQ1 2026: $49MQ2 2026: $106MQ3 2026: $22M
QuarterFree cash flowYoY
Q2 2026$106.5M+131%
Q1 2026$49.2M+1515%
Q4 2025$42.9M+43%
Q2 2025$46.2M-44%
Q1 2025$3M-88%
Q4 2024$30M+$33.3M

MIAX's free cash flow was $220M over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like MIAX.

SOFI Free Cash Flow

Q4 2023: −$282MQ1 2024: $706MQ2 2024: −$521MQ3 2024: −$1.2BQ4 2024: −$242MQ1 2025: −$31MQ2 2025: −$1.5BQ3 2025: −$1.4BQ4 2025: −$1.1BQ1 2026: −$2.4BQ2 2026: −$4BQ3 2026: −$3.1B
Q4 2023: −$282MQ1 2024: $706MQ2 2024: −$521MQ3 2024: −$1.2BQ4 2024: −$242MQ1 2025: −$31MQ2 2025: −$1.5BQ3 2025: −$1.4BQ4 2025: −$1.1BQ1 2026: −$2.4BQ2 2026: −$4BQ3 2026: −$3.1B
QuarterFree cash flowYoY
Q3 2026-$3.1B-$1.7B
Q2 2026-$4B-$2.5B
Q1 2026-$2.4B-$2.4B
Q4 2025-$1.1B-$815.2M
Q3 2025-$1.4B-$149M
Q2 2025-$1.5B-$1B
Q1 2025-$31.1M-104%
Q4 2024-$242.4M+$39.9M

SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.

MIAX Total Shares

Q4 2023: 79MQ1 2024: 79MQ2 2024: 79MQ3 2024: 79MQ4 2024: 79MQ1 2025: 78MQ2 2025: 79MQ3 2025: 70MQ1 2026: 109MQ2 2026: 111MQ3 2026: 111M
Q4 2023: 79MQ1 2024: 79MQ2 2024: 79MQ3 2024: 79MQ4 2024: 79MQ1 2025: 78MQ2 2025: 79MQ3 2025: 70MQ1 2026: 109MQ2 2026: 111MQ3 2026: 111M
PeriodChange %Net change
Quarterly+0.1%+85.8K shares
1 year+39%+31.4M shares

MIAX has 111M diluted shares, up 39% from a year ago.

SOFI Total Shares

Q4 2023: 945MQ1 2024: 1BQ2 2024: 1.1BQ3 2024: 1.1BQ4 2024: 1.1BQ1 2025: 1.2BQ2 2025: 1.2BQ3 2025: 1.3BQ4 2025: 1.3BQ1 2026: 1.4BQ2 2026: 1.4BQ3 2026: 1.4B
Q4 2023: 945MQ1 2024: 1BQ2 2024: 1.1BQ3 2024: 1.1BQ4 2024: 1.1BQ1 2025: 1.2BQ2 2025: 1.2BQ3 2025: 1.3BQ4 2025: 1.3BQ1 2026: 1.4BQ2 2026: 1.4BQ3 2026: 1.4B
PeriodChange %Net change
Quarterly+0.4%+5.8M shares
1 year+5.2%+66.8M shares
3 years+43%+407M shares
5 years+272%+993M shares

SOFI has the edge over MIAX on shareholder dilution, with a more favorable share count trend.

MIAX Net Leverage

Q3 2024: -0.6xQ4 2024: -0.8xQ1 2025: -0.7xQ2 2025: -2.4xQ3 2025: -7.9xQ4 2025: -5.1xQ1 2026: -3.7xQ2 2026: -4.4xQ3 2026: -3.5x
Q3 2024: -0.6xQ4 2024: -0.8xQ1 2025: -0.7xQ2 2025: -2.4xQ3 2025: -7.9xQ4 2025: -5.1xQ1 2026: -3.7xQ2 2026: -4.4xQ3 2026: -3.5x
QuarterNet LeverageStatus
Q3 2026-3.5xNet Cash
Q2 2026-4.4xNet Cash
Q1 2026-3.7xNet Cash
Q4 2025-5.1xNet Cash
Q3 2025-7.9xNet Cash
Q2 2025-2.4xNet Cash
Q1 2025-0.7xNet Cash
Q4 2024-0.8xNet Cash

MIAX has the edge over SOFI on leverage, with a lower net debt burden relative to earnings.

SOFI Net Leverage

Q1 2024: -109.4xQ2 2024: -23.8xQ3 2024: -5.5xQ4 2024: -5.8xQ1 2025: -4.9xQ2 2025: -4.0xQ3 2025: -5.2xQ4 2025: -6.5xQ1 2026: -3.8xQ2 2026: -3.1xQ3 2026: -2.4x
Q1 2024: -109.4xQ2 2024: -23.8xQ3 2024: -5.5xQ4 2024: -5.8xQ1 2025: -4.9xQ2 2025: -4.0xQ3 2025: -5.2xQ4 2025: -6.5xQ1 2026: -3.8xQ2 2026: -3.1xQ3 2026: -2.4x
QuarterNet LeverageStatus
Q3 2026-2.4xNet Cash
Q2 2026-3.1xNet Cash
Q1 2026-3.8xNet Cash
Q4 2025-6.5xNet Cash
Q3 2025-5.2xNet Cash
Q2 2025-4.0xNet Cash
Q1 2025-4.9xNet Cash
Q4 2024-5.8xNet Cash

SOFI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SOFI.

MIAX Weekly Momentum

MetricValueStatus
RSI45.3Neutral
Stochastic32.0Neutral

MIAX's weekly RSI is 45 (neutral) and its Stochastic is 32 (neutral).

SOFI Weekly Momentum

MetricValueStatus
RSI43.1Neutral
Stochastic41.5Neutral

SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).

MIAX PE vs Financial Services Sector

MIAX has no meaningful PE right now: it lost money over the past year.

SOFI PE vs Financial Services Sector

MetricSOFISector medianRelative
PE28x13x114% above
PE %26159 pts below

SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.

MIAX Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$33.57.8% above
20 week MA$39.07.5% below
50 week MA$41.613% below

MIAX has stronger trend alignment. MIAX is above 1 of 3 weekly averages versus SOFI above 1 of 5.

SOFI Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$15.70.7% below
20 week MA$17.07.8% below
50 week MA$18.917% below
100 week MA$18.917% below
200 week MA$13.516% above

SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.

MIAX Yearly ROI

YearStart priceEnd priceROI
2025$31.1$46.7+50%
2026 YTD$46.7$36.1-23%

MIAX has the edge over SOFI on returns for 2026, with the stronger performance.

SOFI Yearly ROI

YearStart priceEnd priceROI
2020$10.4$12.4+19%
2021$12.4$15.1+22%
2022$15.1$4.61-69%
2023$4.61$9.95+116%
2024$9.95$16.0+61%
2025$16.0$27.1+69%
2026 YTD$27.1$15.6-42%

SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.

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