SoFi: A Catalyst Saturated Fintech About To Drive Rapid Growth
SoFi has been beaten down, manipulated and ridiculed due to its SPAC origins… without even taking into perspective of the fast growth ahead of it.
The biggest reason that SoFi hasn’t seen rapid growth so far is due to the Biden Administration Extending Student Loan Pause Through May 1, 2022. I firmly expect this to be the last extension.
“The Department will continue its work to transition borrowers smoothly back into repayment…”
When this ends in combination with SoFi recently getting its bank charter approved… Revenue and Profit Projections will be updated to the positive.
SoFi has already started rolling out new features for members such as Margin trading, a 1.00% APY on both checking and savings (Market Leading) APY). More to come…
I highly expect SoFi’s upcoming earnings to be solid with an incredibly positive guidance ahead of it.
Many Major Analysts support this outlook with current ratings and price targets.
My Opinion:
$25+ is very realistic within the short term (2-4 months)
$35-$45 by end of the year with continued expansion in provided products as well as operations through CONUS & Internationally.
(Not a licensed financial advisor)
The biggest reason that SoFi hasn’t seen rapid growth so far is due to the Biden Administration Extending Student Loan Pause Through May 1, 2022. I firmly expect this to be the last extension.
“The Department will continue its work to transition borrowers smoothly back into repayment…”
When this ends in combination with SoFi recently getting its bank charter approved… Revenue and Profit Projections will be updated to the positive.
SoFi has already started rolling out new features for members such as Margin trading, a 1.00% APY on both checking and savings (Market Leading) APY). More to come…
I highly expect SoFi’s upcoming earnings to be solid with an incredibly positive guidance ahead of it.
Many Major Analysts support this outlook with current ratings and price targets.
My Opinion:
$25+ is very realistic within the short term (2-4 months)
$35-$45 by end of the year with continued expansion in provided products as well as operations through CONUS & Internationally.
(Not a licensed financial advisor)