Sofi Technologies, Inc. (Sofi): A Bull case theory

We met with a bullish thesis In Sofi Technologies, Inc. (Sofi) on Substack by Oliver | Rich mmmt. In this article, we will summarize the thesis of bulls on Sofi. Sofi Technologies’ quota, Inc. (Sofi) was contributed to $ 12.86 from May 5^th. The P/E de Sofi was 29.91 and 40.16 respectively according to Yahoo Finance.

Sofi Technologies (SOFI) continues perplexed the traders in the short term with their stocking reactions silenced after the beneficiaries, despite the consistent rhythms of the upper line and the bottom line. However, long -term investors remain safe in the company’s management. With 16 consecutive revenue rhythms and a solid history of exceeding EPS expectations, the foundations have continued to improve the quarter after the quarter. Although the shares have not reflected this impulse, more recently it has decreased by 7% due to macroeconomic concerns, the results of the company’s first quarter paints a clear image of a mature and increasingly profitable business. Sofi’s revenue grew 33% up to $ 771 million, their strongest rhythm in five quarters, driven to expand participation (34% to 10.9 million) and revenue based on $ 315 million rates, annualized at $ 1.3 billion and reflect a more stable and low -risk component of their growth engine. Progress metrics emphasize progress: Adjusted Ebitda increased $ 46%to $ 210 million (27%margin), while net income reached $ 71 million on a margin of 9%, with EPS at $ 0.06.

It is important to emphasize that the Sofi Financial Services Division obtained rupture results, doubling revenue up to $ 303 million, thanks to the increasing adoption of its high -performance APY offers, P2P payment tools and its integration with Zelle. This validates the strategy of managing the financial products to triple for the last three years. Although Sofi invests routes to Robinhood (HOOD) in the market positioning, especially in the negotiation of crypt and options, a niche may still be made if it retains its growth membership base and strengthens its product suite. With regard to the technology platform, progress is kept bewildering with a silent comment and modest growth, but its complete value may not be visible until 2026. Once investors recognize the combined force of the Sofi scalable fintech infrastructure and the expanding financial services, the current assessment, near the sales of 4.1X, can be considered as a high conservative.

FY25 orientation requires income of 3.235 to $ 3.310 million, but based on 6% of Qoq growth projections, Sofi is likely to exceed high range. Even the conservative modeling points to a $ 3.35 billion income number by 2025, setting the stage for $ 3.95 billion by 2026. Apply a multiple sales multiple of 6.75x, similar to where actions were negotiated in early 2025 – would involve a $ 25 action, almost double the current price. Meanwhile, Sofi $ 895 million EBITDA foreseen a growth of $ 895 million, represents 34%growth, placing it at 15.4x Ebitda, cheaper than Hood, which is listed on more than 21x. The action offers a convincing configuration with a strong magazine and a limited decline, which makes it one of the clearest opportunities in the current market.