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Added to YB: 2024-04-02

Pitch date: 2024-03-27

SOFI [bullish]

SoFi Technologies, Inc.

+272.17%

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

$7.33

Price Target

13.00 (-52%)

Dividend

N/A

EV/EBITDA

N/A

P/E

52.26

EV/Sales

N/A

Sector

Consumer Finance

Category

growth

Show full summary:
SoFi's Unique Model for Personal Finance and Rising Deposits Drives Strong Growth

SOFI: Targets young, high-income individuals w/ full digital suite from loans to estate planning. Q4 deposits $18.6B, up from $1B in Q1 '22. Originations slowing but still sees 15% 5yr rev CAGR from cross-selling. Profitable in '24. Risks: credit exposure, competition. $13 FVE on lower lending.

Read full article (9 min)