Added to YB: 2025-09-10
Pitch date: 2025-09-08
SOFI [neutral]
SoFi Technologies, Inc.
-0.77%
current return
Author Info
RM Capital Partnership studies great businesses and long-term investors like Buffett and Munger. This Substack shares my investment theses, lessons learned, and journey to becoming a better thinker and capital allocator. Sign up for the newsletter.
Company Info
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, Canada, and Hong Kong.
Market Cap
$34.2B
Pitch Price
$26.02
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
52.26
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Why I’m Not Buying SoFi (Yet)
SOFI pass: Evolved from student loan refi to 11.7M-member fintech platform with bank charter. Q2 2025: $855M revenue (+56% members in 18mo), first GAAP profit $97M. Super app driving 1.8 products/member via lending (60% margins), tech platform, financial services. Strong catalysts: margin expansion, crypto/stablecoin launch. But $30B market cap already assumes flawless execution—doesn't meet 15%+ return hurdle at current premium valuation.
Read full article (15 min)