Will SoFi Hit $30 in 2022?

Motley Fool2021-12-16

It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

Kucing
2021-12-16
Kucing
Sure will
Kiwii
2021-12-16
Kiwii
hallo
LuckyLucky
2021-12-16
LuckyLucky
Like
- LuckyLucky:
  like
Toastz
2021-12-16
Toastz
[USD]
KSONG
2021-12-16
KSONG
Like pls
Yaolong
2021-12-16
Yaolong
Like pls

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2191559917?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-12-16 19:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2191559917","market":"us","top_or_hot":-1,"title":"Will SoFi Hit $30 in 2022?","media":"Motley Fool","content":"<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">网页链接</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡马锡持仓","start_time":0,"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","article_id":"2191559917","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","pubTimestamp":1639652748,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4166":"消费信贷","BK4549":"软银资本持仓","SOFI":"SoFi Technologies Inc."},"translate_title":"2022年SoFi会达到30美元吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":0.9},"content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":690210375,"gmtCreate":1639668794809,"gmtModify":1639669001356,"author":{"id":"3584520268259172","authorId":"3584520268259172","name":"Kucing","avatar":"https://static.tigerbbs.com/3c4942db49a9ed9bfaecacc7837dec2f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3584520268259172","authorIdStr":"3584520268259172"},"htmlText":"Sure will&nbsp;","listText":"Sure will&nbsp;","text":"Sure will","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690210375","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":690620893,"gmtCreate":1639665110811,"gmtModify":1639665111055,"author":{"id":"3579735899676546","authorId":"3579735899676546","name":"Kiwii","avatar":"https://static.tigerbbs.com/02d53307dbede2651680d24ca9219f37","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579735899676546","authorIdStr":"3579735899676546"},"htmlText":"hallo","listText":"hallo","text":"hallo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690620893","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":690609680,"gmtCreate":1639660148257,"gmtModify":1639660148257,"author":{"id":"4087558306753550","authorId":"4087558306753550","name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087558306753550","authorIdStr":"4087558306753550"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690609680","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7007036,"gmtCreate":1639660153959,"gmtModify":1639660154027,"authorId":4087558306753550,"author":{"id":4087558306753550,"idStr":"4087558306753550","authorId":4087558306753550,"name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":690609680,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"CN"},{"id":690859666,"gmtCreate":1639657187631,"gmtModify":1639658896465,"author":{"id":"3583833181304336","authorId":"3583833181304336","name":"Toastz","avatar":"https://static.tigerbbs.com/3e05b15a2754d3640cd71085625120a9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583833181304336","authorIdStr":"3583833181304336"},"htmlText":"[USD]&nbsp;","listText":"[USD]&nbsp;","text":"[USD]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690859666","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":690881200,"gmtCreate":1639654690084,"gmtModify":1639654690346,"author":{"id":"3573608981633568","authorId":"3573608981633568","name":"KSONG","avatar":"https://static.tigerbbs.com/0cac42cab0c725d4b65ec3d804892fc9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573608981633568","authorIdStr":"3573608981633568"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690881200","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":690881307,"gmtCreate":1639654668212,"gmtModify":1639654668412,"author":{"id":"4088106994951330","authorId":"4088106994951330","name":"Yaolong","avatar":"https://static.tigerbbs.com/16d17439f788a0c1c8f4f304ba31963b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088106994951330","authorIdStr":"4088106994951330"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690881307","repostId":2191559917,"repostType":4,"repost":{"id":"2191559917","pubTimestamp":1639652748,"share":"https://www.laohu8.com/m/news/2191559917?lang=&edition=full","pubTime":"2021-12-16 19:05","market":"us","language":"en","title":"Will SoFi Hit $30 in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191559917","media":"Motley Fool","summary":"The financial services company's stock has been up and down this year, but investors have high hopes for it in 2022.","content":"<p>It has been a fairly volatile ride for the one-stop financial services company <b>SoFi Technologies</b> (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.</p>\n<h2>The current state of the business</h2>\n<p>If you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.</p>\n<p>SoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.</p>\n<p>But perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.</p>\n<p>The other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions&nbsp;-- added another 10 million accounts in the third quarter and continues to benefit the bottom line.</p>\n<p>Lastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.</p>\n<h2>Valuation</h2>\n<p>Valuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).</p>\n<p>In its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of <b>Golden Pacific Bancorp</b>.</p>\n<p>That was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.</p>\n<h2>Can SoFi reach $30 in 2022?</h2>\n<p>Fintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.</p>\n<p>Perhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will SoFi Hit $30 in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill SoFi Hit $30 in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2021/12/16/will-sofi-hit-30-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191559917","content_text":"It has been a fairly volatile ride for the one-stop financial services company SoFi Technologies (NASDAQ:SOFI), which went public through a blank check company and started trading independently in June. Shares of SoFi crossed into the mid-$20s at one point earlier this year before they were formally trading on their own, but have since been beaten down in the broader fintech sell-off. At recent prices, SoFi trades around $15 per share. Can the stock more than double from here and hit $30 per share in 2022? Let's take a look.\nThe current state of the business\nIf you asked me to assess the state of SoFi's business, I'd say things are looking pretty good. After a less-than-thrilling second quarter, it rebounded in the third, with a roughly $30 million net loss but strong revenue of roughly $272 million.\nSoFi's lending division turned in a stellar quarter, originating more than $3.4 billion of total loan volume, the most the company has originated since 2019. It managed this even though student lending, one of its three main lending categories, remains depressed due to the government halting student loan repayments as a result of the pandemic.\nBut perhaps more important than pure loan-origination volume is that SoFi's flywheel strategy of selling multiple banking products to customers, thereby reducing customer acquisition costs, seems to be working. Management reported that most of the cross-selling occurred from customers who first entered its ecosystem with a SoFi credit card, cash management account, or online brokerage account. This is SoFi's entire thesis, so it's great to see it working so well.\nThe other good news is that SoFi continues to grow membership nicely. The company added 377,000 members and now has nearly 3 million overall. Galileo -- SoFi's tech platform that helps fintech companies carry out front- and back-end functions -- added another 10 million accounts in the third quarter and continues to benefit the bottom line.\nLastly, the company continued to grow cash-management, investing, and credit card accounts nicely, which again is how it cross-sells the more-profitable lending products, despite the fact the financial services division is still losing money for the company.\nValuation\nValuation, however, is where things get tricky when determining if the stock can reach and sustain $30 in 2022. At recent prices around $15, SoFi has a roughly $12 billion market cap. That means if it hits $30 per share, it would have a market cap around $24 billion. This is pretty lofty considering analysts still do not expect SoFi to be profitable next year, even on the high estimates. With analysts on average expecting revenue next year of nearly $1.5 billion, that means SoFi would trade at close to 16 times forward revenue (it's currently close to 9).\nIn its first investor presentation at the very beginning of the year, management guided for SoFi to have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $447 million in 2022. However, that assumed the company would have secured the bank charter it will get when it closes on its previously announced acquisition of Golden Pacific Bancorp.\nThat was supposed to have closed this year, but it's looking less and less likely as the holiday season is here. Large bank mergers have been delayed and fintech-bank acquisitions are still relatively new, so while I still think the deal is likely to go through, I am starting to wonder about the timing and how much of a delay there will be until it closes. Assuming it does close on the deal relatively soon and does the $447 million in EBITDA, SoFi at a $23.6 billion market cap would still trade at more than 52 times EBITDA.\nCan SoFi reach $30 in 2022?\nFintechs like SoFi have been getting creamed over the past few months, as investors prepare for higher inflation and multiple interest rate hikes in 2022, as well as the potential for more volatility. I am hopeful the bottom is near, but given how uncertain the outlook is right now and with the potential for tough market conditions next year, I do not think the market is going to award SoFi with such a high valuation, whether it's on revenue or EBITDA multiple.\nPerhaps SoFi can reach $30 briefly, but maintaining it will likely be a challenge. I think the stock can have a decent year, and I am optimistic about the business long term, but doubling next year seems like a stretch right now.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":72,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2191559917"}