Has SoFi Technologies Finally Reached A Turning Point?
SoFi Technologies(SOFI) Seeking Alpha·2024-08-03 12:37
EschCollection We've been tempted to write about SoFi Technologies (NASDAQ:SOFI) before, but it's never seemed like quite the right time to do so. While the company's 'one stop shop' financial product suite and white label platform businesses appear attractive on the surface, the economic environment, concentrated exposure to student loans & mortgages, and excessive stock-based compensation have put the neobank under intense scrutiny from investors and short sellers. SOFI's growth has been strong, but profi ...