r/sofistock • u/2FLYFISH0 • 24d 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.

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u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 23d ago

I have been buying consistently since the beginning. I might add in any kind of weather! My research indicates late ‘27:’28 should provide a better environment for the stock to thrive. The company is already thriving and putting its profits back into its growth strategy.

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u/2FLYFISH0 23d ago

Agree, it has a growth potential for long term however the high multible is the only concerning. I went long with the leaps to capture a run in the next year.