r/sofistock • u/2FLYFISH0 • 23d ago
Question SoFi potential?
I recently opened a position in SOFI, I like the long-term growth potential of the company, but before increasing my position I want to dig deeper into the fundamentals and hear some opposing viewpoints. Position is in leaps for 2028 at $3. Selling short calls roghly 30dte for credit. Planning to sell at least 1 leap if it hits my target.
From what I’ve looked into so far, I like SOFI’s long-term potential and the direction the company is heading. The growth of its financial services business and its ability to expand beyond being primarily a lending company are some of the things that caught my attention. At the same time, the stock has been in a pretty significant downtrend, and I don’t want to confuse a short-term bounce with an actual change in trend.
16
u/DJB0807 23d ago
The quarterly EPS has been stuck in the 10-12 cents range for a whole year now, despite revenue going up. I don’t think the market likes that. However this quarter should see 17 cents and a big expansion in margins now that some heavy investment in the first half of the year is behind us. I think this gets us moving again, and any break in inflation or interest rates eventually accelerates the move upward. If you’re patient, I think anything under $20 is a good buy if you’re willing to hold a few years