SoFi: I'm Still Long, The Bears Will Eventually Be Humbled

Apr. 04, 2022 8:52 AM ETSoFi Technologies, Inc. (SOFI)29 Comments
Pacifica Yield profile picture
Pacifica Yield


  • SoFi has become a high profile tragedy of the early 2022 growth stock rout.
  • The company's financials have never been stronger. This comes on the back of SoFi receiving regulatory approval to become a national bank.
  • I do not see a quick reversal of the current torrid sentiment, but the longer term bull case remains.

SoFi Technologies Acquires Technisys SA For $1.1 Billion

Justin Sullivan/Getty Images News

SoFi's (NASDAQ:SOFI) recent capitulation has been a lesson on how not every investment thesis works out the way you hoped it would. This very sombre affair was crystalised after the stock price ticked below its $10

SoFi growth in members

SoFi Investor Relation Website

SoFi guided revenue growth

SoFi Investor Relations

This article was written by

Pacifica Yield profile picture
The equity market is an incredibly powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, and green energy firms.

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.

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