Jim Cramer delivers strong buy call on fast-growing digital bank

When a CEO is buying his ain company's shares connected the unfastened marketplace respective times successful a azygous year, and Jim Cramer is simultaneously telling viewers to bargain astatine the aforesaid terms level, I wage attention, and I besides deliberation you should.

On June 18, successful the Mad Money Lightning Round, Cramer was nonstop astir SoFi Technologies (SOFI). 

We got backmost to $18, and I said, clip to buy.

Cramer continues to archer his viewers, arsenic CNBC reports. "It's hanging astir that level. I proceed to judge it's clip to buy." That's not a hedged take, but a condemnation call. 

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SoFi CEO Anthony Noto has besides spent millions buying his ain banal successful 2026

CEO Anthony Noto has been making the aforesaid stake with his ain wealth each twelvemonth long. Most recently, picking up different 13,888 shares connected June 16 astatine a weighted mean of $18.06, according to a Form 4 filed with the Securities and Exchange Commission.

His 2026 insider buying present totals astir $2.25 cardinal crossed 5 open-market transactions. No awards. No grants. Personal capital, deployed repeatedly astatine marketplace prices betwixt $15.73 and $18.06, according to SEC filings. 

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BigGo Finance information amusement that successful total, Noto has purchased 130,211 shares this twelvemonth astatine a blended mean of astir $17.29 and present holds astir 11.96 cardinal SOFI shares directly.

What makes the signifier compelling isn't conscionable the dollar amount. It's the consistency. He bought adjacent $18 successful March, again adjacent $17 2 weeks later, doubly astatine the 2026 lows successful May, and came backmost again successful June astatine $18. 

He's really not chasing momentum. He's treating each pullback arsenic an opportunity. It's just to accidental that that's a precise circumstantial connection from the idiosyncratic with the clearest presumption of the company's fundamentals.

SoFi's grounds Q1 shows a concern increasing faster than the banal terms suggests

Here's what I support coming backmost to erstwhile I look astatine SOFI down 31.59% year-to-date, according to Yahoo Finance. The underlying concern didn't dilatory down. If anything, it accelerated.

SoFi reported Q1 2026 adjusted nett gross of $1.1 billion, up 41% year-over-year (YoY), and adjusted EBITDA of $340 million, up 62% YoY. Both were records, according to SoFi's institution statement. 

Total indebtedness originations deed a grounds $12.2 billion. Membership grew 35% YoY to 14.7 cardinal — the 3rd consecutive 4th of 35% growth. Net income came successful astatine $167 million.