$SOFI SMASHED EARNINGS BUT ANALYSTS GAVE NEW SELL RATINGS
KBW $16
Morgan Stanley $15
BofA $16.50
Forward PE on ANALYST TARGETS BASED OFF 2027 EPS of $0.90:
$15 target is 16.73
$16 target is 17.82
$16.50 target is 18.33
Today at $16.92 is 18.80
Q3 beat on revenue and EPS
Revenue $1.37B up 44%
EPS $0.18 up 64%
Net income $241M up 73%
EBITDA $470M up 70%
2027 guidance
EPS $0.90. Projected $0.82, so 10% above
Revenue $6.4B, up 27%. Projected $6.14B
EBITDA $2.24B
Net income $1.28B, a 20% margin
Tax rate 24%, up from 22% in 2026 guidance
Credit got better
Personal loan charge off 2.26% vs 2.62% last quarter and 2.60% last year
Total charge off 1.62% vs 1.81% last quarter and 1.90% last year
Personal loan all in loss rate 3.4% vs 3.7% last quarter and 4.2% last year
Recent loan cohorts losses 4.71%, 19 basis points better than the 2017 curve
NO DILUTION
$IREN gets 363 million in financing backed by GPU’s
But I thought the debt markets were closed to Neo clouds 😭😭
Or maybe it’s the ones with levered balance sheets
🚨 BANK OF AMERICA MAINTAINS SELL RATING ON $SOFI!
Analyst Mihir Bhatia raised his target from $16 to $16.50.
What a joke.
BofA reportedly remains concerned about cost pressures and whether SoFi’s growth assumptions are too aggressive (bear case for the last 3 years).
Meanwhile, SoFi just reported:
• Revenue +44% YoY to $1.4B
• Adjusted EBITDA +70% YoY to $470M
• Members +35% YoY to 17.1M
• Adjusted EBITDA margin of 34%
• Raised 2026 guidance
• Introduced 2027 guidance of $6.4B revenue and $0.90 EPS
My question is, what exactly does SoFi have to prove at this point?
I understand having concerns about valuation, spending and execution risk, but the company continues delivering exceptional growth alongside improving profitability.
BofA is entitled to its bearish thesis, but I’d like to see what assumptions justify maintaining a Sell rating after these results.
The numbers are moving in the right direction. Wall Street needs to acknowledge that.
NEW UPDATED $IREN PROJECTIONS, EXPLANATION, AND ANALYSIS
Bear Case 3x, BASE CASE 3OX, BULL CASE 70X
I go fully in depth in the X SPACE BELOW @BitcoinAIGuy
I run through all of the revenue, the margins, the depreciation, the capex, the prepayments, and where I have the price of compute going over the next few years.
Going live with @BitcoinAIGuy to discuss $IREN projections and analysis.
What new catalysts they have coming, when they will turn eps positive, free cash flow positive, and more
xitter.cf/i/spaces/1AxRnZDlrraxl
Live with @StockAnalystPro discussing $SOFI earnings and their future
xitter.cf/i/spaces/1XxygwWBbEnGM
Great $SOFI earnings article by @StockAnalystPro
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$SOFI Earnings recap in X space with @StockAnalystPro at 6:30
Triple beats on revenue, eps, as well as raising both guidances
On top of that raising 2027 EPS guidance by 10%.
Anthony Noto sees an opportunity for them to grow products by 3-4x by 2030 leading to 3-4x earnings growth.
$SOFI is trading at an 18 forward PE based off of 2027 earnings and we know that $0.90 eps is sandbagged.
Did he just say a 40% CAGR from 2025-2030 now?
3-4x in the amount of products by 2030!!
He said a 3-4x in for earnings for growth
$SOFI has done $0.55 EPS in the Last 12 Months
A 4x would mean $2.20 EPS by EOY 2029
2028 Projections:
2.20*40 Forward PE in 2028 = $88 Share price (4.83x)
2.20*30 Forward PE in 2028 = $66 Share price (3.40x)
2.20*20 Forward PE in 2028 = $44 Share price (1.93x)
