Added to YB: 2024-01-31
Pitch date: 2024-01-30
SOFI [bullish]
SoFi Technologies, Inc.
+237.21%
current return
Author Info
No bio for this author
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
$8.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
52.26
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
SoFi: Q4 2023 Earnings Are An Inflection Point For The Long-Term Opportunity
SOFI overcame challenges to become profitable fintech. Members +44% YoY to 7.54M, deposits +$11.3B to $18.62B. Q4: $594M revenue (+34%), $181M EBITDA (30% margin). 2023: $2.07B revenue (+35%), first GAAP profit of $48M. 2024 guide: $95-105M net income, $0.07-0.08 EPS. 2026 target: $0.55-0.80 EPS, 20-25% growth after. Risks remain but strong tech-driven growth potential. Trades at 11-17x 2026 EPS.
Read full article (9 min)