SOFI pumping pre-market
Will we see the god candle ? I believe so.
SOFI , if nothing changes makes over 1 billion in earnings per year now, PE ~7x
PYPL obliterated stock has a PE of 18x.
SOFI therefore is worth about 15-17$ per share assuming it stops growth and does not expand profits in the future, the banks don’t want you to know this.
This assumes no multiple expansion, currently the average PE of the
SPX is 26, with even moderate multiple expansion SOFI could find itself at 20$ plus fairly quickly.
SOFI could rise as high as 32$ by next year with some multiple expansion
SOFI , if nothing changes makes over 1 billion in earnings per year now, PE ~7xPYPL obliterated stock has a PE of 18x.SOFI therefore is worth about 15-17$ per share assuming it stops growth and does not expand profits in the future, the banks don’t want you to know this.This assumes no multiple expansion, currently the average PE of the
SPX is 26, with even moderate multiple expansion SOFI could find itself at 20$ plus fairly quickly.SOFI could rise as high as 32$ by next year with some multiple expansion
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.