Out Fox The $treet

SoFi continues to refute all claims the digital bank has a loan accounting issue. The student debt moratorium is set to expire within months leading to another loan growth catalyst. The stock trades at close to just 10x '24 adjusted EBITDA targets. Despite  SoFi Technologies  ( NASDAQ: SOFI ) CEO making the rounds with the media and investment conferences, the market still appears to misunderstand the investment story. The fintech clearly doesn't face an issue with how the company handles  the accounting on their loan originations, yet the market constantly pushes this false narrative causing the stock to trade $5. My  investment thesis  remains ultra Bullish as the digital bank isn't valued based on the growth of the business and the strong adjusted profits. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

SoFi will benefit from a positive ruling by the Supreme Court against the student debt forgiveness plan. The bank sector came under undue pressure this week due to the sudden collapse of SVB. SOFI stock only trades at ~10x 2024 adjusted EBITDA targets. Anyone following our research over the last few months knows that  SoFi Technologies  ( NASDAQ: SOFI ) doesn't need a change in the Biden Administrations stance on student debt forgiveness to reward shareholders. The good news for  shareholders is that the Supreme Court appears set to block the debt forgiveness plan by June. My  investment thesis  remains ultra Bullish on the stock after the dip back below $6 following contagion fears due to the  SVB Financial Group  ( SIVB ) collapse. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - Jan. 20  SoFi has started the year in a very bullish manner. The stock has reclaimed $5 and all of the key moving averages are starting to turn upwards. Not to mention, all of the recent insider purchases by CEO Noto are now in the money.  Update - January 9 SoFi has made a nice bounce back to $5 today. This level was previous support for the fintech and could quickly signal a breakout once the stock reclaims the levels.  Original article published on Jan. 4 SoFi is constantly dumped on for not being profitable, yet the company is very profitable when excluding non-cash charges. The fintech should be valued based on adjusted EBITDA due to the metric approximating adjusted profits. The stock trades at 15x '23 EBITDA targets for a business set to double and triple EBITDA in a short period. The recent volatile market has whips...

 Original article published on Nov. 28 SoFi has fallen to new lows due to irrational fears surrounding the immaterial crypto business. The Biden Admin. extending the student debt moratorium by up to 6 months isn't problematic to the long-term business prospects. The stock trades at just 2x '23 sales estimates despite strong forecasts for 34% revenue growth next year following a year with 50% growth. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Over the last few weeks,  SoFi Technologies  ( NASDAQ: SOFI ) has been hit with attack after attack to the stock. The fintech faces limited impacts to the long-term business from the crypto business, loan losses and student  loan moratorium, yet the stock has hit all-time lows after reporting 51% growth in the last quarter. My  investment thesis  remains ultra-Bullish on the business building a financial Super App while the market s...

  SoFi Technologies oddly fell hard following an initial big rally on the strong Q3'22 earnings report. The fintech expects to benefit from the student loan moratorium ending January 1, along with a potential blocking of the loan forgiveness plan. Investors appear irrationally fearful the digital bank isn't taking enough loan provisions due to loans being held longer before being sold. The stock is cheap at 15x conservative 2023 adjusted EBITDA targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   After an odd selloff following strong Q3'22 earnings,  SoFi Technologies  ( NASDAQ: SOFI ) is poised to finish the rally the stock started. The fintech has been maligned for not taking charges on loans held on the balance sheet, but the  company is poised to benefit whether holding or ultimately selling the personal loans. My  investment thesis  remains ultra bullish on the grow...

  SoFi Tech. closed the gap at $6.63 after trading above $8 following earnings. The fintech could benefit from an end to the student debt moratorium on August 31, but the business model no longer relies on refinancing student debt to prosper. The stock trades at just 3x '23 revenue targets which is incredibly cheap for a business growing at a 50% clip. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   In an amazing and surprising move,  SoftBank  ( OTCPK:SFTBY ) has followed through with unloading shares of  SoFi Tech.  ( NASDAQ: SOFI ) pressuring shares lower. The fintech remains an impressive grower, but SoftBank has other reasons for unloading  the stock including  purchasing shares  in fellow fintech  Nu Holdings  ( NU ). My  investment thesis  is ultra-Bullish on an investor being able to load on the stock of SoFi with the gap from the strong...

  SoFi has rallied sharply from lows below $5, but the stock shouldn't have traded this low. The fintech specializes in refinancing student loans and the market has misplaced fears over student debt forgiveness. The stock only trades at 3x '23 revenue targets with the end to the student debt moratorium providing upside to sales targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   As with a lot of fintechs,  SoFi Technologies  ( NASDAQ: SOFI ) bounced strongly off the May panic lows. Whether due to recession or credit fears, the stock market no longer views the growth story in the same  positive light despite a business model that remains strong. My  investment thesis  remains very Bullish on this stock as the major prescribed weakness due to student loan forgiveness concerns remains very misplaced. Read the full article on Seeking Alpha.  Disclosure: No position me...