SOFI - Complete Analysis (+50% Potential in 1Y)

2024년 3월 15일

TECHNICAL

• The chart for SoFi Technologies indicates a sideways market with key support around $6.57 and resistance near $10.27.
  
• The declining trend line suggests bearish momentum.
  
• Current price action is near the lower support level, showing potential undervaluation.
  
• Volume profile shows more trading activity at higher price levels, implying resistance ahead.
  

FUNDEMENTAL

• Performance: SoFi's Q4 results were strong, with a notable increase in total net revenue and a shift to net income, surpassing market expectations.
  
• Growth Projections: The CFO predicts substantial growth for 2024, with the Financial Services business expected to grow by 75% and the Tech Platform segment by 20%.
  
• Product Uptake: Approximately 30% of product sales are from existing customers, indicating efficient marketing and potential for increased profitability without the need for additional customer acquisition costs.
  
• Stock Outlook: Given the company's trajectory and market positioning, the analysis suggests a 67% upside potential for SOFI stock over the next two years, supporting a "Buy" recommendation on the current price dip.
  
• Valuation: While SOFI’s forward non-GAAP P/E ratio appears high, long-term market undervaluation is suggested based on aggressive EPS growth forecasts.
  
• Risks: Valuation methods and the predicted rapid EPS growth could be flawed; high deposit and operating costs are concerns but expected to be offset by the company's tech and service advancements.
  
• Conclusion: The potential for significant stock appreciation is identified, with a reiterated "Buy" rating and a recommendation to take advantage of the current lower stock price.
  

2024년 4월 12일

액티브 트레이드

The next few months are going to be very exciting. Everything is still looking great and I cant wait to see us beat earnings

2024년 10월 21일

노트

took profit