SoFi Technologies: The Ride Higher Isn't Over Yet

seekingalpha11-24

SoFi Technologies' shares have surged 100.8% since August, outperforming the S&P 500's 6.1% increase.Management has revised 2024 guidance higher, and despite a higher valuation, shares remain ...

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Comments

  • Reglloyd
    11-25
    Reglloyd
    Totally agree , this ride is far from over. Going forward, this is the new way of banking. Volume of customers soon to be in the region of 10 Million, if not end of 2024, early 2025. Taking on or adding other Businesses into your own Business & out sourcing many of the risk factors of loans to another Company means SOFI should not be classified as just another business operating within the Banking sector with a P/E ration of +/- 14, no, they are clearly at another level, proactive , its online, no overheads on rental space for offices & the staff compliment that goes with it. Anthony Noto , the CEO clearly knows a thing or two about banking , take a look at his CV, this is the CEO a business needs to steer it going forward. The price earning currently at 85, seems high however this
    • BTC_Sandy: 

      Sofi embraces crypto, and that’s why I’m also bullish on this ticker. A company with disruptive innovation

    • SullivanRrr: 

      Very impressive sharing, thank you sir

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