SOFI long term?

From what I can tell, SOFI had a really good earnings last quarter. Stock is off a bit after doing an offering. Dilution seems to be an issue with this stock. Compared to HOOD, I think SOFI is a better bargain buy. Curious to see how you all view this stock, and if you think now might be a good time to start buying for the long term.
My other thought is if it's only at $7.xx during this massive bull run, just how far down will it fall when SPY retraces a bit? I'm wondering if perhaps there will be a better opportunity to get in.