IB Net Payout Yields Model

SoFi: Cheaper Than You Think

Update - Feb. 2

SoFi is probably due for a pause here near $8 after the strong 2023 guidance propelled the stock higher. The short attack actually had investors selling in the $4s while CEO Noto was buying. The fintech still has more upside after a congestion period. 

Finviz Chart

Original article posed on Jan. 30

  • SoFi reported another strong quarter with revenue growth surging to 58%.
  • The fintech guided to another strong year with adjusted EBITDA nearly doubling to $270 million in '23.
  • The stock is cheap at only 23x '23 adjusted EBITDA targets despite much faster growth rates.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
Despite major headwinds, SoFi Technologies (NASDAQ:SOFI) continues to blow away expectations. The fintech remains far more profitable than the market thought and the fast growth justifies a far higher stock price. My investment thesis
Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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