SOFI posted 61% YoY net income growth and record $14.80B loan originations in Q2, yet shares remain down 31% YTD.
Wall Street's $19.87 consensus anchors too low, given that SOFI's 40% earnings growth and a PEG under 1 justify meaningful multiple expansion.
Noto targets 1 million SoFi Plus subscribers generating $120M annually, a milestone that alongside EPS growth makes $30 achievable by 2027.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and SoFi Technologies didn't make the cut. Grab the names FREE today.
SoFi Technologies (NASDAQ:SOFI) just delivered what CEO Anthony Noto called "a clear inflection point" for the business. Q2 revenue hit $1.218 billion, GAAP net income was $156.59 million (up 61% YoY), and loan originations set a record at $14.80 billion.
#noto #income #called
Wall Street's $19.87 consensus anchors too low, given that SOFI's 40% earnings growth and a PEG under 1 justify meaningful multiple expansion.
Noto targets 1 million SoFi Plus subscribers generating $120M annually, a milestone that alongside EPS growth makes $30 achievable by 2027.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and SoFi Technologies didn't make the cut. Grab the names FREE today.
SoFi Technologies (NASDAQ:SOFI) just delivered what CEO Anthony Noto called "a clear inflection point" for the business. Q2 revenue hit $1.218 billion, GAAP net income was $156.59 million (up 61% YoY), and loan originations set a record at $14.80 billion.
#noto #income #called
3 months ago
