SoFi Technologies: Shares Are Flat So I'm Accumulating More

Andres Veurink 2.22K Followers Follow Summary SoFi Technologies remains a Strong Buy, with robust member growth, accelerating cross-sell, and sector-leading revenue expansion justifying a premium valuation. SOFI's cross-selling strategy has driven product-per-member to a record 1.54x, with new customers adopting over two products on average, enhancing ARPU and operating leverage. Updated projections see SOFI reaching $10B in revenue and $1.42 EPS by 2030, supporting a $28.5–$34.2 price target and 67–100% upside from current levels. SOFI's technology-driven model and improving margins position it for continued outperformance versus traditional financial peers, with potential for further upward estimate revisions. Walter Cicchetti/iStock Editorial via Getty Images Investment Thesis I’ve found it a little strange seeing the share price of SoFi Technologies ( SOFI ) go essentially nowhere since my article in June . Not that my words would be able This article was written by Andres Veurink 2.22K Followers Follow With over a decade of institutional investment experience, I specialize in identifying growth opportunities at the intersection of technological disruption and macro-thematic energy shifts. I've spent the majority of that time at a hedge fund here in Rotterdam, working my way up as an analyst. My work reflects rigorous standards as I myself have a very high standard as to what I invest my money in. My primary coverage spans the technology sector—with a focus on SaaS and cloud infrastructure—and the energy and minerals markets. I tend to be very data and trend driven in my work, analyzing unit economics and supply chain gaps among a number of other often overlooked areas in business and industries.I find these offer incredible growth opportunities and are also very fun to research and follow. It's a very active space with plenty of news coming out each week. Work is my own thoughts and research is done only by myself. Analyst’s Disclosure: I/we have a beneficial long position in the shares of SOFI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.