Added to YB: 2024-02-05
Pitch date: 2024-02-02
SOFI [bullish]
SoFi Technologies, Inc.
+95.97%
current return
Author Info
Equity Researcher | Thematic Trader | Uncovering the picks and shovels of AI infrastructure. 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
$19.7B
Pitch Price
$7.70
Price Target
15.00 (-1%)
Dividend
N/A
EV/EBITDA
N/A
P/E
32.07
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
SoFi Q4: Proving All The Naysayers Wrong
$SOFI Q4 earnings: Rev +35% to $615M, GAAP EPS $0.02, adj EBITDA +85% QoQ to $181M. 585k new customers, 7.5M total. Student loan originations +95% YoY. FY24 guide: Fin Services rev +50%, $100M GAAP profit. Upside to $15 on 4x FY24 rev of $2.7B. Profitability reduces risk.
Read full article (5 min)