The analysis focuses on SOFI stock, which was downgraded to a 'hold' on September 24 due to valuation concerns and macroeconomic headwinds. According to the discounted cash flow valuation, the intrinsic value per share is around $19.20, while the market price is $25.12, indicating an overvaluation, even after a 10% pullback. The analysis uses DCF to make the decision to downgrade from "buy" to "hold". Additionally, the report accounts for uncertainty with a margin of safety, unemployment levels and job numbers. The US economy's slowing growth impacts on business decisions is considered, with businesses showing caution in making big decisions, reducing inventory orders, and being hesitant to hire or launch new products. The stock has fallen 10% in the last 5 days but the analyst thinks that there is still overvaluation.