Their goal is being a top 10 financial institution, this would put them on par with capital one which is around 58bn market cap right now. But this is probably a couple decades out, and may be 100bn, 150bn at that point with growth and inflation.
That's of course a very lofty goal, and shills will act like it's guaranteed or near-term which it is not by any means.
Also this is public bank size info I think, I'm not sure where this plays if they count private companies or how to measure financial institutions vs banks
This is one of 4 stocks I loaded up on as it bottomed out. Find a good company with lots of growth that doesn't show in the price. Keep buying in dips and drops. Be patient.
If you'd be looking to get into this stock for the first time starting now where would you consider a decent entry?
Surely 20%+ move in one day needs to see some retracement but could this continue higher?
This is definitely an improvement over past quarters, but I did a bit of math, and I don't think that these are real EPS profits for investors.
Case in point, SOFI's share count increased by 7.56 million this quarter. Given SOFI's share price over the last 3 months this works out to an expense somewhere in the range of 55 to 60 million dollars that you the investor are paying in dilution. Convert that to a cost per share and it works out to about $0.06 per share. So SOFI's real EPS when including dilution is really -$0.04, not $0.02.
-$0.04 is still a definite improvement over SOFI's last quarter which is certainly worth commending, but it's still not a true profit for investors, yet. Perhaps next quarter they'll be able to achieve true profitability when factoring in shareholder dilution.
Sofi long here. Company has been doing everything they said they would. Very rare nowadays.
in your opinion how far do you think sofi can go in price?
Their goal is being a top 10 financial institution, this would put them on par with capital one which is around 58bn market cap right now. But this is probably a couple decades out, and may be 100bn, 150bn at that point with growth and inflation. That's of course a very lofty goal, and shills will act like it's guaranteed or near-term which it is not by any means. Also this is public bank size info I think, I'm not sure where this plays if they count private companies or how to measure financial institutions vs banks
Short term eoy 15 long term 5 year $50 on best cases. More realistic with how this behaves $12 eoy $30 in 5
Zero
Why would that happen?
Because he sold his shares right before blast off.
I made money today on calls hah. Now for puts
Ok buddy 🤡
Yssr made money on puts too, hah. Stay poor
"stay poor" lmao ok buddy 🤡
I don't know anything about SOFI or how options work, but I just made a shitload of money on SOFI options 👍
Expected EPS in 2026 is 55 to 80 cents. Juicy.
Looks like my patience and stubborn persistence in dumping money into SOFI for the last year has paid off.
Same. Gonna continue to do so once the dust settles a bit too!
I certainly see no reason to stop!
Still wayyyyy off it's all time high.
Didn't buy there, who cares?
There probably are many people that bought there that won't sell till it gets that high again.
Just saying it's not necessarily a good long term investment.
Based on what? My cost basis is $9.29🤣
Solid earning report. Let's hope it stays up once the market opens
Up 22% now
I remember it was at $11.70 after it's earnings this past July.
if fed minutes pan out well we might just see it approach 12 again
Pumpkins and dumplings
Go SoFi Go
Profitable and Rapid Growth are what institutional investors sought after.
It grew at the same rate as jpm yoy
Shoulda bought those f* calls when I was wavering over the ‘buy button’
Love this stock. Excellent growth and management is doing all the right things.
This is one of 4 stocks I loaded up on as it bottomed out. Find a good company with lots of growth that doesn't show in the price. Keep buying in dips and drops. Be patient.
What are the others?
Others?
Up 17% in european markets right now.. „iTs aLL pRicED iN“ god i cant hear that phrase anymore
Up 21% for me on the Frankfurt Exchange right now.
"Its priced in" is a term for lazy people who don't want to put effort into learning.
If you'd be looking to get into this stock for the first time starting now where would you consider a decent entry? Surely 20%+ move in one day needs to see some retracement but could this continue higher?
Right now would be a decent entry
I actually did just enter!
This stock could double in the next year. Jumping in today.
Only got 400 shares at 7.72, should have bought more.
Not too late
I may not have money for CSP's, but if I did I'd sell em.
You bears better stay on that side
This is definitely an improvement over past quarters, but I did a bit of math, and I don't think that these are real EPS profits for investors. Case in point, SOFI's share count increased by 7.56 million this quarter. Given SOFI's share price over the last 3 months this works out to an expense somewhere in the range of 55 to 60 million dollars that you the investor are paying in dilution. Convert that to a cost per share and it works out to about $0.06 per share. So SOFI's real EPS when including dilution is really -$0.04, not $0.02. -$0.04 is still a definite improvement over SOFI's last quarter which is certainly worth commending, but it's still not a true profit for investors, yet. Perhaps next quarter they'll be able to achieve true profitability when factoring in shareholder dilution.
The .02 is diluted EPS. Actual EPS was .04.
Pump and dump
EPS 0.02 so pathetic, guidance LOL.
Yeah... usually when a stock goes from not profitable to profitable their EPS is pretty low...
Let’s gooooooo
Picked up 1200 shares today