SoFi Technologies: Falling Interest Rates Could Drive Loan Originations For Years [Seeking Alpha]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Seeking Alpha
8min Summary SoFi Technologies could be undervalued by the market due to its negatively associated SPAC reputation. The company boasts high-quality loans with strong 700+ FICO scores, a diversified fintech portfolio and rapidly growing B2B SaaS business. Forward valuation metrics suggest significant growth potential, with a projected P/E of 11x and a 10% FCF yield within 2.5 years. Despite recession risks, SoFi's conservative management and improving profitability position it well for long-term growth, making it a compelling investment especially for younger risk-tolerant investors. halbergman Introduction Sofi Technologies ( NASDAQ: SOFI ) is a consumer financial services provider that came to market during the SPAC bull market in 2021. Like many unprofitable SPAC's, investors came to their senses regarding the lofty $15-18bn valuation as interest rates increased from a low in 2022. Today shares remain significantly below the initial valuation at the time of floating
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SOFI
News
- Opinion: This Is Cathie Wood's Best Stock for Under $10 [Yahoo! Finance]Yahoo! Finance
- Where Will SoFi Stock Be in 1 Year? [Yahoo! Finance]Yahoo! Finance
- SoFi launches platform for companies to manage equity programs, including IPOs [Seeking Alpha]Seeking Alpha
- SoFi Launches Directed Share Platform for U.S. IPOs and Capital Raises, Powered by PrimaryBidBusiness Wire
- The Best Rate-Cut Stock to Invest $1,000 in Right Now [Yahoo! Finance]Yahoo! Finance
SOFI
Earnings
- 7/30/24 - In-Line
SOFI
Sec Filings
- 9/27/24 - Form 3
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOFI's page on the SEC website