Core Viewpoint - Defiance ETFs has launched SOFX, the first 2X long ETF for SoFi Technologies, Inc., aiming to provide 200% long daily targeted exposure to the company, allowing investors to gain leveraged exposure without needing a margin account [1][2]. Company Overview - SoFi Technologies, Inc. is positioned within a dynamic financial technology ecosystem, demonstrating consistent innovation and adaptability in personal finance, investing, and lending [2]. - The launch of SOFX builds on the success of MSTX, indicating a strategic move to amplify investor exposure to SoFi's growth trajectory [2]. Investment Strategy - SOFX is designed for knowledgeable investors who actively monitor their portfolios, as it pursues a daily leveraged investment objective, making it riskier than non-leveraged alternatives [3][6]. - The fund aims to provide daily investment results that correspond to two times (200%) the share price performance of its underlying security, but may not achieve this consistently due to market conditions [6][17]. Fund Management - Defiance ETFs, founded in 2018, specializes in thematic, income, and leveraged ETFs, with a focus on empowering investors to take amplified positions in high-growth companies [5]. - The investment adviser for the fund is Tidal Investments, LLC, which manages the fund's portfolio [8]. Market Position - SOFX represents a bold vision for the future of finance, with the potential for outsized gains, reflecting the growing interest in innovative financial products [2].

Stock Performance - SoFi's stock has returned nearly 60% since the previous Buy-rated article, significantly outperforming the S&P's 20% gain [1] Analyst Coverage - SoFi was previously covered with a Buy rating, highlighting its growth potential outweighing risks [1] Disclosure - The analyst has no stock, option, or derivative positions in SoFi and no plans to initiate any within the next 72 hours [1] - The article expresses the analyst's own opinions and is not influenced by compensation or business relationships with SoFi [1]

SoFi Technologies (SOFI -0.56%) stock ended 2024 on a high note, rising nearly 55% for the year. That was a huge success for a stock that more than doubled in value (up 116%) in 2023 but then traded in a negative range for the first nine months of 2024. The fintech company gradually proved itself over the course of the year, showing that it was getting more profitable, adding millions of new members, and growing its non-lending services. The icing on the cake was that its lending business, which was what wa ...

Investment Focus - The investment service focuses on REITs, ETFs, Preferreds, and 'Dividend Champions' across asset classes, targeting premium dividend yields up to 10% [1] - The service emphasizes income-producing asset classes that offer sustainable portfolio income, diversification, and inflation hedging [2] Service Offering - iREIT®+HOYA Capital is a premier income-focused investing service on Seeking Alpha, providing access to exclusive income-focused portfolios [2] - The service offers a Free Two-Week Trial for potential members to explore top investment ideas [2] Investor Profile - The Retired Investor has been investing since the 1980s with a background in data analysis and pension fund management [3] - The investor focuses on retirement preparation through investments in CEFs, ETFs, BDCs, and REITs, and shares strategies for trading options with a focus on cash-secured-puts [3] Investment Strategy - The SoFi Next 500 ETF (NYSEARCA: SFYX) is mentioned, though it is not expected to achieve 10X or 100X returns [3]

Shares of online bank SoFi Technologies (SOFI -2.41%) soared 55% in 2024, according to data provided by S&P Global Market Intelligence. The company reported positive net income every quarter, grew its platform in multiple ways, and successfully managed through high interest rates.Leading the way to digital bankingSoFi is an all-digital bank that's adding members and revenue at a fast rate. Its stock exploded when it first went public a few years ago as part of the craze for special purpose acquisition compa ...

SoFi (SOFI -2.48%) has been one of the hottest stocks in the market recently, with shares up by 137% in the past six months. But there are some good reasons it isn't too late to invest in SoFi.Many reasons to still love SoFiThere's a lot to like about SoFi. Just to name a few reasons you still may want to invest in SoFi:Momentum is still strong. In the most recent quarter, SoFi's user base grew by 35% year over year.SoFi has massive potential in credit cards. None of its three credit cards are particularly ...

Growth Momentum and Profitability - SoFi has maintained strong growth momentum over several years, even during the 2022 bear market, and is now at an inflection point in terms of profitability and mainstream adoption [1] - The company's net income is expected to double from 2024 levels, reaching approximately $400 million in 2025, compared to $205 million in 2024 and a $301 million net loss in 2023 [3][5] - Revenue increased by over 20% year-over-year in the first three quarters of 2024, with adjusted EBITDA margin expanding from 21% to 25% [4] Revenue and Margin Expansion - Falling interest rates in 2025 are expected to boost demand for SoFi's loans and improve net interest margins by reducing deposit costs [5] - The company is anticipated to achieve further revenue growth and margin expansion, with earnings per share potentially reaching $0.20 in 2025 [5] Product Innovation and Expansion - SoFi has successfully expanded its customer base in personal loans, checking accounts, and other established products, while also launching new banking products and adding innovative features [6] - The company is predicted to launch at least three major new products in 2025, potentially including higher-end credit cards, CDs, auto loans, and college savings accounts [7][8] Stock Performance - SoFi's stock price surged 55% in 2024, outperforming the S&P 500 by over 30 percentage points [9] - The stock is expected to outperform the S&P 500 again in 2025, with a predicted gain of at least 20% regardless of broader market conditions [9] Market Position and Future Potential - Since its IPO in June 2021, SoFi has consistently set and exceeded ambitious growth targets, establishing itself as one of the standout companies from the 2021 SPAC boom [10] - The company is gaining market appreciation but still has significant growth potential ahead [10]

SoFi Technologies (NASDAQ: SOFI) is crashing as 2025 begins, despite analysts expressing a mix of optimism and caution about its prospects.Shares of SoFi Technologies fell 6% on January 2 after a downgrade by KBW, which raised concerns over the company’s high valuation and ambitious financial targets, as TipRanks reported.The analysts set a price target of $8, almost 50% below SoFi’s last closing price of $14.13, further cooling the momentum of a rally that saw the stock nearly double since October. SOFI fi ...

Growth and Financial Performance - SoFi's adjusted revenue grew at a CAGR of 49% from $621 million in 2020 to $2.07 billion in 2023 [3] - Adjusted EBITDA turned positive in 2021 at $30 million and grew at a CAGR of 279% to $432 million in 2023 [3] - The company expects a full-year GAAP profit for 2024 and forecasts adjusted revenue growth of 22%-23% and adjusted EBITDA growth of 48%-49% in 2024 [3][7] - Analysts project revenue to grow at a CAGR of 19% and adjusted EBITDA at a CAGR of 44% from 2023 to 2026 [7] - GAAP earnings per share are expected to grow at a CAGR of 90% from 2024 to 2026 [7] Market Position and Valuation - SoFi trades at a price-to-book ratio of 2.8, higher than Bank of America (1.3) and Wells Fargo (1.5) [2] - At $16, the company has an enterprise value of $16.2 billion, trading at 5 times next year's sales and 18 times adjusted EBITDA [11] - If the stock reaches $20, it would trade at 7 times next year's sales and 22 times adjusted EBITDA [11] - The stock is currently above the average price target of $11.66 but below the top target of $20 [8] Expansion and Ecosystem - SoFi acquired Galileo in 2020, which now hosts over 160 million accounts and contributed 10% of SoFi's profit in 2023 [5] - The company signed a $2 billion deal with Fortress Investment Group in October 2023 to underwrite loans and generate fee-based revenue without increasing leverage [10] - SoFi obtained a U.S. bank charter in 2022 and launched a digital-only direct bank, leveraging AI algorithms to optimize fintech services [18] Customer and Product Growth - SoFi's members grew from 2.52 million in 2020 to 9.37 million in Q3 2024 [12] - The number of products increased from 1.85 million in 2020 to 13.65 million in Q3 2024 [12] Challenges and Recovery - Rising interest rates and a federal freeze on student loans from March 2020 to September 2023 impacted SoFi's loan business [4] - The U.S. Federal Reserve cut interest rates three times in 2024, with at least two more expected in 2025, easing pressure on the student loan business [6] Long-Term Vision - SoFi aims to become a "one-stop-shop" for financial services, eliminating the need for separate banking and investment apps [18] - Founded in 2011, the company initially focused on student loans and expanded into mortgages, auto loans, personal loans, credit cards, insurance, estate planning, and stock investment tools [19]

SoFi Technologies (SOFI 1.82%) is only the 67th-largest U.S. bank by assets, but it's caught a lot of attention for its all-digital, high-growth platform. The lending and financial services platform has graduated from a hyped-up, overvalued, and unprofitable business to a solid, proven, and a profitable one.However, it still looks like SoFi's shares sport a premium price tag on the surface, but it might not be as expensive as you think. Let's see why. Take a look at this chartAccording to standard valuation ...