SOFI

FearlessFig2624

Come on…..if stocks went up every time there were good earning or good news we would be zillionaires. Think if SOFI who beats and raised consistently actually went up. Retail would be killing it but it is a game.

DrSeuss1020

ASTS was a big part, OPEN also was huge, I made great gains on SOFI, HOOD, and a number of others over the years. It’s all risky, best of luck to you

DrSeuss1020

HIVE has been on a tear, just don’t know enough about them. I actually owned SOFI for a while from the $8s and sold out in the $20s after it started cooling off. Still believe SOFI is a great company and will do well, just had higher conviction in others and was happy with the long term gains I got from them to move the money elsewhere

TacosNtulips

SOFI

GeorgeTMorgan

Have any thoughts on HIVE and SOFI? Both kinda beat up and underappreciated, but with good balance sheets and good potential. Curious to hear your take since this seems to fit your style.

SkepticalInvestor21

I've been tracking SOFI for a while - it's definitely getting the meme stock treatment lately, but there's actually substance behind some of the hype. Unlike a lot of WSB darlings, SOFI is a real fintech company with actual revenue growth and they're profitable now. The $50 price target crowd is probably getting carried away, but the core thesis isn't terrible - they're expanding beyond student loans into banking/investing and have solid user growth. The real question is whether current prices already bake in that growth. If you want to dig deeper, you can run it through a due diligence scan to see the full financial picture and any red flags. But this isn't some pump-and-dump - just classic WSB enthusiasm meeting a legitimate (if maybe overvalued) growth stock.

curveball21

I am so thinking about this with my ONDS investment. Maybe SOFI too. Everything else I've tried has been smelling like a rose in this latest melt-up. These ain't taking the elevator up, but might get on for the ride down.

Dongkey_kong

My IRA is full port AMD. I had AMD when it was $70 but sold for HOOD and SOFI and that was working until it wasn’t lol

LostinTheSauce805

SOFI you suck hairy balls

FoggyFoggyFoggy

When SOFI diluted, the stock went down 50% and hasn't recovered since January.

Longjumping-Speed511

Say that to my NBIS, NVDA, PLTR, SOFI, ASTS, RKLB, etc positions that I’m up three digits on from Reddit

Dazzling_Marzipan474

I'm buying SOFI, RDDT, ACHV currently. I don't buy and hold too many individuals. I hold VOO and sell options mostly.

slayer1am

SOFI is a solid choice, in my opinion. I've got a $9 cost average and they're holding steady around $15, but once the macro environment improves, confident they'll climb back to 20s and above. Great opportunity to buy right now if you have a five year window.

Natharius

ELF, NOW, SOFI and ONDS are my big buys atm. Do you own DD

Background-Nothing71

Will SOFI ever go up again?

CouchPotatoFamine

Imma going to buy when it reaches $15. Sell some of my SOFI shares to pick it up.

Micheal_Hancho

Was thinking about doing something in SOFI, but then read a post in r/ValueInvesting about how SOFI is underpriced. Think I'll pass on this one

A10cc

I understand brother. I was in SOFI at $8 and got out at $20, but holy fuck the stock sucked ass for a whole year before I was able to get out. Noto seemed decent enough, but the company itself doesn't impress me. Galileo is also way overhyped.

Erieztoys

SOFI has entered the chat

Erieztoys

Just finished up casting all my votes for the SOFI June Annual Meeting. Pretty much voted against everything and everyone. Down $9K on this shitty stock.

Redwolf97ff

SOFI threw in the towel boys

Beneficial-Sail-6139

SOFI you cunt

Redwolf97ff

If it stayed under 15, I’d agree. But this big boi is hanging on. SPY needs to stabilize and the SOFI will crest over 16 imho

prindibea

SOFI still has a real business under all the hype baggage. forgotten for sentiment reasons not fundamental ones.

Flashy-Extent-6092

You are bullish on SOFI coz you own them, thats it. 

Fancy_Cattle_5914

Just saw a SOFI ad during the Spurs game "SOFI the official bank of the NBA". Thanks for the reminding me that trash is a bank and doesn't deserve a tech multiple. Shorted more. Fair value - $8.

HeftyBox3580

SOFI needs to bring back giving away free penny stocks. They gave me 1 of CLSK at 3.84 in 2023 and I sold for a loss at 3.58 a week later

HeftyBox3580

Not to mention SOFI is cooking the books. Only reporting 1% of student loan borrowers in default when the national avg is 6-7%

Lello163

People buying SOFI now before the rate hikes are crazy lmao

iiRobbe

it’s $SOFI

mrmrmrj

SOFI is a bank. It runs like a bank. It trades like a bank. P/B is 1.8 like a bank. The earnings will grow at the rate of ROE like a bank.

RandoMandoFan

This. SOFI has been diluting the hell out of its stock to pay down its debt.

DeltaVx_

bro WHO THE FUCK trades on SOFI

Personal_Repair_3579

Ran SOFI through a benchmarking tool I've been using; peer-benchamrks it against \~50 credit services companies. Some of it lines up with the OP, some of it doesn't. The cost efficiency story is legit. Efficiency ratio of 33.5%, operating margin in the 83rd percentile vs peers. Whatever they're doing on the cost side, it's working. Growth is also real - asset growth at the 97th percentile, NII up 29% YoY, top-20% on most growth metrics. Can't really argue with that. But here's the catch that trips me up: net income grew \~240% last year, yet EPS was actually down \~12%. That gap is dilution. Stock-based comp is running at nearly 50% of operating cash flow. So the bank is making more money, but shareholders are getting a smaller slice of a bigger pie. The ROE reflects it - 5.7%, sitting at the 19th percentile vs peers. Overall moat score came in at 52/100 - moderate. The "no moat" comments are a bit harsh, but the deposit franchise scoring developing (bottom third) does suggest the ecosystem stickiness thesis is more aspiration than reality right now. That's an nteresting setup, not a layup.

RealPennyMuncher

Volume deltas on SOFI have it reversing here.

RealPennyMuncher

SOFI double bottom 👀🦧

Affectionate_World47

I bought SOFI a few months ago when it was around $20 per share and it’s obviously gone way down. I’m curious, would you all buy more while it’s down to dollar cost average and help the hit taken or do you think it’s gonna stay down for foreseeable future and just just hold and not buy more? What would you all do?

InvestigatorPlus3229

Sofi another one of those paypal level youtube promoted stocks that people have been bag holding for years. SOFI 3.23 (-17.20%)past 5 years

Sufficient_Cry2346

I just know SOFI going to somehow pump to $16 today

squashyTO

SOFI is a bank that’s trying to be valued as a tech company (with a tech multiple). The market isn’t buying that story.

dvdmovie1

> I’m just providing why I’m bullish. IMO though even if you're bullish, I think people are more willing to listen/entertain an idea if you offer a realistic portrayal of some concerns and risks (you say this: "Since obtaining its bank charter in 2022, SoFi can hold deposits and fund loans itself" - that's not appealing; you're describing something that nobody's going to want to own during a downturn.) In 2020/21, Upstart was "the new AI way to lend" and in 2022 it was "HOLY SHIT THEY SAID THEY WEREN'T GOING TO TAKE ALL THESE LOANS ON THEIR BOOK AND OMG THE MARKET FOR THESE LOANS IS FROZEN AND WHEN WILL THE STOCK STOP GOING DOWN." Fintech is exciting when times are good, not so much when times are bad - especially if it's a newer product without an extensive history in downturns (in the S-1 filing for UPST they literally said their algo didn't have a lot of experience with downturns.) Honestly, if I had to own a financial that actually makes loans, (not something that's a network like V/MA) I'd rather get/forget AXP (which is up 97% over the last 5 years while SOFI is -19%) than this. Owning AXP into a downturn isn't going to be fun either but with their customer base I'd feel better about that than SOFI. I think a lot of younger people have had good experiences with this company so they think the stock is great - it's been constently talked about on here for a while now - but their good experiences don't = good stock and I think it leads to overlooking risks. "The pitch is simple: once a customer is in the ecosystem, they rarely leave, and each product they add increases lifetime value." The question is how much value vs risk. " I’m not guaranteeing any returns." Nobody thinks you're guaranteeing returns but "only the good and none of the bad" really isn't a realistic portrayal of the business is all. Good luck.

How_To_TF

Probably the share buyback keeping it afloat lol. It'll rip or dump at earnings. I think the latter given how HOOD and SOFI went

Initial-Magazine2169

Ever heard of a little known ticker $SOFI? Good, cos it's not that one.

Metacog_Drivel

Just did some dumpster diving and bought some SOFI. Smells like shit.

Liquidsnake959

So like is SOFI a buy now or just stay away?

thewayyoulook2night

SOFI stock still sucks, i'm a bagholder

Erieztoys

Not sure I will live long enough to see SOFI $22 again.

HeftyBox3580

Next two years depend on the loan default rate. They offer attractive refi rates and why I used them in the past. Current student loan default rate is 6-10% for all borrowers, but SOFI is reporting less than 1% default rate for its borrowers. Short reports are out there about this. Also saved about 15k with them by taking a credit consolidation loan from them when I didn’t know 💸

Plastic_Barracuda711

Not a SOFI shill, but just comparing the revenue growth rates, SOFI is much higher - almost 3 times higher (3 yr revenue growth rate 63.42% vs 22.31% for DB). Sure its still expensive comparatively even at this price, but if they can maintain this growth, I think this price can be justified. You don't think so?

Plastic_Barracuda711

SOFI forward P/E is at 26.25 is looking like a buy now

Paincoast89

I wanna get into SOFI but the market hates it for some reason

Meteyu32

I know it's early, but if you told me Friday I'd be more up on my SOFI calls than NVDA I would have called you an idiot. And yet, here we are.

jcalcerano

SOFI

OGChodBone

Eyeing institutional buys if red starts flowing, many of them in a better position than their march rebalance purchases: SOFI, RDW, RGTI, Zenatech (small amount), Amazon, MSFT, NOW and some more

SexyBoatGuy32

CRCL ready to collapse along with SOFI bring the pain pay my puts

RevolutionaryPhoto24

I know they have a bank charter, but lack most banking departments - I just don’t see targeting the consumer as a very profitable business model. Looking at other banks generally, I just don’t see the advantage. It doesn’t seem like a growth multiple is justified on fintech such as this. I can see it more in the more predatory fintechs, but am generally not interested in investing in the sector overall, and if I do, it’s based on departments SOFI doesn’t operate (and for ballast or to play rates, recoveries, etc.) I wish you luck with it, and hope that growth translates to great returns.

madmac527

They’re operating on a land and expand model: SOFI primarily started its marketing focused on student-loan borrowers providing competitive refinancing. Their bet here is if they can capture a younger, higher qualified client starting with loan refinancing then they have a long runway to also sell other products to that same client. It takes years to pay off your student loans, and you’ll likely be shopping for a mortgage at some point over those same years. If your experience with SOFI has been great over 10 years paying off your loans and they hit you with the right marketing at the right time in your life (they know everything about your financial well being) then you’re likely to also get a mortgage service through them as well. It’s a brilliant strategy but yes it’s definitely a long play and Noto has short to mid-term goals that will cause friction which is what we are seeing on top of macro. Now SOFI has several products targeted at both Main Street and Wall Street and their revenue lines should grow steadily for years. They have Galileo and they also have a bank charter which many of their competitors don’t. That’s lubrication for down the road

Recent_Bus_1281

ran the numbers instead of reading the 12th "SOFI to $50" post today. P/E is 34.7x. Financial sector median is 12x. So right out the gate you're paying nearly 3x what a normal financial company costs. For that premium you'd expect a money printer. Instead you get $0.45 EPS with declining earnings momentum. About that $50 price target everyone loves: at $0.45 EPS, $50 = 111x earnings. JPMorgan trades at 13x. So the thesis is basically "SOFI will become the greatest financial company of all time." No pressure. Revenue is $3.6B which is real. This isn't some pre-revenue startup. But P/S is 5.5x vs the 2.0x sector median. Book value is $8.26, stock's at $15.61. You're paying nearly 2x book for what even the most generous classification calls a turnaround play. The one real bull case: they're sitting on net cash. Not going bankrupt tomorrow. But "probably won't go bankrupt" is doing a LOT of heavy lifting when your price target is a 3x from here. Could momentum carry it higher? Obviously, stocks don't read balance sheets. But if your entire thesis is "everyone on social media says it's undervalued," that's more like a prayer circle than DD. No position.

ImAWalkingBot

SOFI Or some shit fr fr

Nart_Leahcim

Big changes to student loans are coming this summer and a lot of people will refinance to SOFI

LAHAND1989

I bought a bunch of SOFI during the last run up and I regret it. I thought I was buying a new tech stock, but nope I just am part owner of a regular run of the mill bank whose profits are entirely dependent on rates and external economic forces and absolutely does not deserve any kind of high multiple. Might as well have actually invested in a local bank branch or something that would be more fun.

RevolutionaryPhoto24

I have researched the company and am simply not convinced. I think several banks likely to \*continue\* to beat the market. I am not expert in the sector, and really only look to it for longterm portfolio balancing or when I see a distinct inefficiency. I don’t see customer growth as one and the fintech hand-waving isn’t convincing. It’s something I keep an eye on, but the narrative hasn’t really changed for years and the market has priced the story. Perhaps if and when SOFI expands into operations that make major banks so profitable, it will make more sense. For now, I don’t see the appeal beyond occasional meme runs.

logix1229

Fuck SOFI. bought calls and even after good earnings report, POS went down. stay down, hoe! 🤣

EmergencyFair6786

My completely financially retarded friend uses SOFI. That's got to be a bullish sign. 

TraderJulz

I agree with the sentiment. But SOFI is like the only bank that is not suffering from bond yields. They have an advantageous debt position compared to other banks

SoterPie

SOFI will double in 8 years!

yrrrrrrrr

Once rates drop SOFI will go up It’s just matter of time

BottleMedium881

Trying to force $100/week is probably the trap. If trading already feels hard and you’re working 16-hour days, options will likely add stress, not income. Covered calls on SOFI can work, but yes, you risk losing shares if it runs. I’d focus on Roth contributions, broad funds, and maybe paper trade strategies first. Consistent income from options takes more capital than people admit.

squintamongdablind

Never touching another Chamath co. again. Got burnt by SOFI so bad I’ll be claiming my annual $3k loss for the foreseeable future.

amartya_dev

Needs sustained volume above $16.10 more than “squeeze” hype imo. SOFI’s float is massive, so it’s harder to get a true GME-style squeeze. But if macro data is favorable and it reclaims $16.50 with strong volume, I could definitely see momentum/gamma effects pushing it toward the high $16s. Below $15.20 though, the whole setup probably cools off fast.

krisborn1949

If I've got the numbers right, from what you stated, it's this: 1. You want an income of $100 a week. 2. You have 800 shares of SOFI worth about $12,500. 3. You are expecting about a 45% annual return on your capital. 4. You are expecting returns that most hedge funds are unable to achieve year after year. 5. Get real and revise your plan. I would start with cutting expenses because your income needs to capital availability are way out of whack!

venu_18

On WSB I’d be very careful with anything that starts feeling like “everyone agrees it’s undervalued,” because that space tends to amplify momentum narratives way faster than fundamentals. With SOFI specifically, there *is* a real business underneath (lending, fintech, growth in banking products), but the gap between “solid company” and “priced for perfection” is where most hype cycles live. When you see repeated $50+ calls, it’s usually a mix of long-term believers + short-term traders pushing sentiment rather than a clear valuation consensus. I’ve found it helpful to keep my own notes on bull vs bear cases in Notion so I don’t get swayed by feed noise, and sometimes I’ll use Runable to quickly structure a clean thesis summary from messy notes so I can compare different stocks without getting caught in hype threads.

Prefer_Diet_Soda

I'm not gonna bother with SOFI. That can go fuck themselves and die.

CuteHand

Fintech was hot back in 2016-2018, not anymore. Large banks have caught up with technology and these smaller banks aren’t anything special anymore. Lots of SOFI bag holders here saying they are the best and valuations are justified so take that with a grain of salt

KarAccidentTowns

Bagholders pumping SOFI all the time

Imadogfishhead

I’m a SOFI bag holder. I don’t think so. Not anymore.

NicCage1080ChristAir

SOFI is more of a long term investment than a WSB gamble.

Biotech_93

I get why SOFI pulls attention, people love a clean growth story even if the numbers still need to mature. I’ve been looking elsewhere lately. MEHA has that gold backed angle and a valuation gap that’s hard to ignore.

mis-Hap

There are a ton of stocks below their 2021 highs... even solid companies like $SOFI and $NOW are below their 2021 highs. It's mostly just AI/compute making new ATHs. Granted, UPST is still 90% below those ATHs, which is a bit unusual. But it had pumped higher than it had any right to. And then it has also performed poorly, but I think that's more to do with their loans being considered risky than company performance. I agree with OP that it will re-rate higher eventually; however, I don't personally think it's ready for that. I see $UPST as a rate cut play (and rate cuts were likely why it took off in 2021).

Abject-Shopping-4492

With working so many hours you do not have much time to learn trading and trading takes work. I could ask why you have so many shares of SOFI but I do at least think eventually they will do better and I would hold it. Now on to trading you need to learn what is your edge and that is what you will focus on learning and improving. You said you do not do puts and right now with markets at all time highs and the 10 year rate spiking up and crude pushing higher you need to know how to make money when the market pulls back. Just learning to identify how to make money with puts can help as the market moves down much faster than up. If I were you I learn to short the market as well as go long and learn the SPY. Good luck as there is lots of money to be made.

cryptopolymath

$SOFI bag holder 😂

LaughingIntoTheAbyss

Bottom line... only trade stocks you think will grow for capital gains. If you buy $100 stock ($10,000 contract) and it goes to $50, it doesn't matter how much premium you're making, you're gonna lose where it matters most. That said, I look for stocks with relatively high IV which usually means tech. MU on the high end, NBIS in the middle and APLD and SOFI on the lower. That'll change in a couple of months as stocks hit their growth cycles. I try to sell CSP's on red days and when I get assigned sell CC's on green days. I shoot for 1% a week. So if I can sell a SOFI for a $15 or $16 dollar contract with an average 7dte, I'm good. And scale it from there.

MalyGanjik

|Stock|Invested|Current Value| |:-|:-|:-| |MU|\~$100.00|\~$257| |NBIS|\~$100.00|\~$252| |POET|\~$100.00|\~$248| |RKLB|\~$100.00|\~$176| |IREN|\~$100.00|\~$129| |ITUB|\~$100.00|\~$199| |ASTS|\~$100.00|\~$114| |TMC|\~$100.00|\~$81| |PATH|\~$100.00|\~$60| |SOFI|\~$100.00|\~$57|

AirborneCommando

SOFI Invest doesn't work. The options just wouldn't work. I would not recommend doing any business with them. Just FYI

IG_Triple_OG

There isn’t much juice to squeeze from AI at least this year. Come back in late 2027 or 2028. Right now I’d recommend rotating your money into consumer stocks like NKE, ELF, or even godforbid LULU. Also fintech like SOFI, HOOD, and MELI are great buys rn. Best of luck.

No-Relationship8261

Because SOFI is fuk regardless. If AI is as good as it's proven to be right now, SOFI is fuk because AI will create competitors in seconds./ If bers are right and AI is cooked and economy is cooked. SOFI is still fuk because it's in the same economy. TLDR: SOFI fuk

Redwolf97ff

Yes the market was too high, yes SPY was surging too long and too fast, but why should I- a SOFI bag holder- be forced to suffer for belligerent SPY bulls? The stock had finally crossed 16 for Pete’s sake! WHY???

According-Trade-2710

Here you go bro I am not sure how to share my portfolio but I have ABBV AMD AMZN GOOG FIG MSFT NFLX CRM SOFI NOW And a big chunk in SCHG This is just my taxable brokerage, I have 401ks too. Been investing for the past 10 years in 401k and other retirements, and 6 years in brokerage. https://preview.redd.it/rddgp0b6a71h1.jpeg?width=1080&format=pjpg&auto=webp&s=2494b052fe1cab847592571e17a5a70c98b388f0

AlexDMI_etoro

My top 5 holdings. Goog SOFI Ionq AMD NVTS Last one did already +200% High hopes for quantum technology as the next big hype.

bowZerIsBack

Yeah, I think they are #1 trading app in the future. They had a crazy 2024 into 2025, so expected the pullback. But eventually their will be a rotation back into it. Whether it be HOOD, SOFI, etc.

JohanLiebert92

I can't believe 🥭 invested in SOFI. He belongs here

Notwrongmarketwrong

You know the market is bonkers when SOFI and MSFT are up.

Beazt11123

SOFI doin sum?

corundum9

SOFI riding other fintech earnings coat tails back towards $18.

Redwolf97ff

I need to know why is it so hard for SOFI to get to $16 and then STAY above that line?

amazingfishy

SOFI bound to 🚀 after being oversold. Insider buying

amazingfishy

SOFI 🚀

amazingfishy

SOFI

Coloradospruce33

SOFI & MSFT = Final scene of Thelma & Louise

killerbeeswaxkill

SOFI biggest dogshit company I’ve ever held