SoFi CEO Anthony Noto on state of the economy, product offerings and growth outlook

CNBC’s Julia Boorstin and SoFi CEO Anthony Noto join 'Squawk Box' to discuss the state of the economy, SoFi's product offerings, navigating in a high interest rate environment, growth outlook, AI integration, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Пікірлер: 175

  • @babtomorri
    @babtomorri17 күн бұрын

    Noto is a great CEO. Stock is not the company and the company is not the stock.

  • @jw_adventures

    @jw_adventures

    17 күн бұрын

    the stock always catches up to the company and my now 89k shares are ready for that day!!!

  • @b.sharp.

    @b.sharp.

    17 күн бұрын

    Horrible CEO with zero background in fintech. The guy was the CFO then COO of Twitter and look how that turned out. He has no experience as being a CEO and the stock has reflected his inexperience. He calls Sofi a 1 stop shop but doesn't offer anything that amex, chase, citi, etc don't already offer all in one place. Watched an interview with ARK Invest from earlier this year, where he said he didn't even know that Chase had a brokerage service. Absolutely clueless! In that same interview, he calls DAVE a key competitor. Then in this very interview here, he just said that "fintech companies with credit exposure have been hit hard", but that's just not true. Sofi is DOWN 33% YTD, while DAVE is UP 293% YTD.

  • @gregoryspera4062

    @gregoryspera4062

    17 күн бұрын

    @@jw_adventures I think we are ALL more than ready for that day, by now.

  • @88doonyboy88

    @88doonyboy88

    17 күн бұрын

    Well said. Exactly.

  • @b.sharp.

    @b.sharp.

    17 күн бұрын

    @babtomorri I beg to differ. This CEO has zero background in fintech. Noto was the CFO then COO of Twitter, and look how that turned out lol. He has never held the role of CEO before, and the stock has reflected his inexperience. He calls Sofi a 1 stop shop but doesn't offer anything that amex, chase, citi, etc don't already offer all in one place. Check out his interview with ARK Invest from earlier this year where he said he didn't even know that Chase has their own brokerage service. In that same interview, he calls DAVE a key competitor. Then in this very interview here, he just said that "fintech companies with credit exposure have been hit hard", but that's just not true. Sofi is down 33% YTD, while DAVE is up 293% YTD.

  • @DG-yp6bl
    @DG-yp6bl17 күн бұрын

    Noto is a top 5 ceo in my book.

  • @theteacher2000

    @theteacher2000

    17 күн бұрын

    Yes, he and Alex Karp

  • @b.sharp.

    @b.sharp.

    17 күн бұрын

    @@DG-yp6bl why? He has zero prior CEO experience and has provided only losses for shareholders

  • @theteacher2000

    @theteacher2000

    13 күн бұрын

    ​@@b.sharp.yes. Historically revolutions have been driven by very experienced people. Not new thinkers at all. 🤔🤔🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

  • @b.sharp.

    @b.sharp.

    13 күн бұрын

    @theteacher2000 those aren't mutually exclusive concepts 🤣🤣🤣 you don't have to be an outsider to bring change in the industry. What backwards thinking. And to consider Noto a force for change is just laughable. He's changed nothing in the industry. He is the most cliche big business stiff. Text book in fact. His background is literally as an investment banker.

  • @GARP-Investor
    @GARP-Investor17 күн бұрын

    The stock has it's biggest discount now. They turned into profit even though rates increased dramatically. AI will help to grow with less risk. Companies outlook is fantastic. I don't understand the short interest of 18% but I'm excited to see that short squeeze!

  • @pbhakta80
    @pbhakta8017 күн бұрын

    I bought a ton of SOFI today ahead of NOTO on CNBC

  • @redoubt6784
    @redoubt678417 күн бұрын

    Noto for President

  • @goodfeather16

    @goodfeather16

    17 күн бұрын

    Why would Noto step down from CEO of Sofi to President of Sofi?

  • @redoubt6784

    @redoubt6784

    17 күн бұрын

    @@goodfeather16 i meant the president of the United States ha

  • @Truth-hurts-890

    @Truth-hurts-890

    15 күн бұрын

    @@redoubt6784he’s too smart for that job

  • @redoubt6784

    @redoubt6784

    13 күн бұрын

    @@Truth-hurts-890 so true

  • @trunkmonkey355
    @trunkmonkey35517 күн бұрын

    CNBC cut that abruptly..😂

  • @SpotTheOdd123

    @SpotTheOdd123

    16 күн бұрын

    Haha. I noticed that too. Props to Noto for being honest about his views 👏

  • @EmpireEnglishSchool
    @EmpireEnglishSchool17 күн бұрын

    He's a master of promoting the business while answering non-related questions 😅

  • @OliverLiam-px3vx
    @OliverLiam-px3vx17 күн бұрын

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

  • @BrianAlbert-hh3pi

    @BrianAlbert-hh3pi

    17 күн бұрын

    The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have a great deal of skill and knowledge to pull such trades off.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    17 күн бұрын

    Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from Desiree Ruth Hoffman, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

  • @LeahLewis-ny9iu

    @LeahLewis-ny9iu

    17 күн бұрын

    That's incredible! How can I connect with the person who helps you with investments, if you don't mind sharing? I could use some guidance at the moment.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    17 күн бұрын

    Desiree Ruth Hoffman is the licensed advisor I use. Just research the name. You’ll find necessary details to work with her correspondence to set up an appointment.

  • @LeahLewis-ny9iu

    @LeahLewis-ny9iu

    17 күн бұрын

    Thank you for this pointer. It was easy to find your advisor; she seems very proficient and flexible. I booked a call session with her.

  • @garrettkelly5568
    @garrettkelly556817 күн бұрын

    Great time to buy Sofi .. will definitely increase over the coming years

  • @Inexpugnable007
    @Inexpugnable00717 күн бұрын

    Awesome. Will purchase some shares. Love to see the mgmt. level of experience, with a proven track record of success. Next 5 years, SOFI will be a banger of a stock.

  • @kylepatterson4793
    @kylepatterson479317 күн бұрын

    She had a hit piece in mind.. noto just killed that report yesterday

  • @johnhill2927
    @johnhill292717 күн бұрын

    Bro is smooth 😂 well done. 🎉

  • @LoriRish-
    @LoriRish-17 күн бұрын

    The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

  • @Scarborough-c26

    @Scarborough-c26

    17 күн бұрын

    navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

  • @CaroLewis-j8k

    @CaroLewis-j8k

    17 күн бұрын

    True, I always emphasize the significance of having an advisor. This has kept me afloat since the covid-19 outbreak and as of today, I'm just about 10% shy of my first million dollar after subsequent investments.

  • @Woodstev-

    @Woodstev-

    17 күн бұрын

    @@CaroLewis-j8k nice one! who is the professional that guides you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow

  • @CaroLewis-j8k

    @CaroLewis-j8k

    17 күн бұрын

    Katherine Nance Dietz is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

  • @WEEKENDISHERE0

    @WEEKENDISHERE0

    17 күн бұрын

    insightful comments, curiously searched Katherine Nance Dietz on the web and at once found her page, no bs! she seems impeccable..

  • @cowpokecale9456
    @cowpokecale945617 күн бұрын

    Great talk!

  • @user-nd3fp5fl8n
    @user-nd3fp5fl8n17 күн бұрын

    Unlike most financial institutions, SOFI generates rapid growth and reinvests in its business. They have spent money acquiring customers who will generate profits for years. They present the customer with personal loan alternatives in a way others do not. They clearly focus on technology while not trying to serve too many customer segments. Noto himself also has tremendous personal attributes. Take a look at his biography.

  • @TicketStud

    @TicketStud

    17 күн бұрын

    What personal loan alternatives does Sofi offer that others do not?

  • @ChristianDelgado-pq5sr
    @ChristianDelgado-pq5sr17 күн бұрын

    This is Amazon in 99 Strong strong business Also institutional investors have been Heavy Buying with 13-f filing this whole year Big money understands this stock price is meant for them to load up

  • @Tendomcgoobin

    @Tendomcgoobin

    17 күн бұрын

    Delusional

  • @van2810

    @van2810

    17 күн бұрын

    Sofi is a bank... it will not grow like Amazon

  • @jw_adventures

    @jw_adventures

    16 күн бұрын

    @@Tendomcgoobin what part? institutional ownership is at all time high, this is one of the most diverse or is the most diverse banks that I know of. NO brick and morter, 50% of revenue coming from services not lending related the company is performing fantastic.

  • @user-xr4bm5qh1l

    @user-xr4bm5qh1l

    16 күн бұрын

    Wrong-and Joe Biden doesn't have dementia 😂😅

  • @user-nc5oi4wq7m
    @user-nc5oi4wq7m16 күн бұрын

    Anthony Noto seems confident and brought me confidence back into SoFi!

  • @paymansharifi2445
    @paymansharifi244516 күн бұрын

    I am way heavily allocated into sofi And when it dropped to 6.20 i sold several other positions and bougbt 500 more at 6.19 My goal is another 4k shares but if sofi goes up im fine with what i have too.

  • @Brennan-34
    @Brennan-3417 күн бұрын

    He knows which political side is coming out on top

  • @lamf1617

    @lamf1617

    17 күн бұрын

    which, the one with the guy who's a 34X felon who's been convicted of corporate fraud and gone bankrupt numerous times?

  • @SpotTheOdd123

    @SpotTheOdd123

    15 күн бұрын

    @@lamf1617 Nope...He's talking about the guy with the best mugshot ever.

  • @KHasan-de6yq
    @KHasan-de6yq17 күн бұрын

    The first question was about economy and most of the time he took to explain how well his company is doing

  • @benofhumble

    @benofhumble

    16 күн бұрын

    🎉love it

  • @crispyduck1706

    @crispyduck1706

    14 күн бұрын

    That’s good we now now how his company has adapted to the changing economy - great job by the CEO

  • @crispyduck1706
    @crispyduck170614 күн бұрын

    I’m adding more of this really like the CEO he oozes confidence and is very credible with his strategies

  • @DrewPBalls69
    @DrewPBalls6917 күн бұрын

    SoFi is great

  • @whatsonmymind9
    @whatsonmymind917 күн бұрын

    Come on NOTO. you can do this.

  • @maikelhulsker6315
    @maikelhulsker631513 күн бұрын

    Cool Shoes ! Which model and brand is that?

  • @logikalx
    @logikalx16 күн бұрын

    Even Noto hates SOFI stock, but he still buys it

  • @Galaxy9026
    @Galaxy902616 күн бұрын

    Sofi great company and this market fives great opertunity stock

  • @IsaacCoverstone
    @IsaacCoverstone17 күн бұрын

    SOFI $20 EOY with rate cuts.

  • @jamesbaum9775

    @jamesbaum9775

    17 күн бұрын

    No way it is getting there that quickly but if it does I'll be a very happy man.

  • @chartedtravel1776

    @chartedtravel1776

    17 күн бұрын

    No cuts. Listen to Powell

  • @oel123-f5t

    @oel123-f5t

    17 күн бұрын

    powel will be fired

  • @TortugaDeRio

    @TortugaDeRio

    17 күн бұрын

    It's going there don't listen to the uneducated sofi 🤟

  • @thepixalking6589

    @thepixalking6589

    17 күн бұрын

    Let's be happy at a stable $10 eoy.

  • @dingalingdingdong_123
    @dingalingdingdong_12317 күн бұрын

    LFG!

  • @roberttaylor662
    @roberttaylor66216 күн бұрын

    Fed drops rates, we will see a massive depression. Inflation will skyrocket. Lets hope for a good news , how can one diversify $80k portfolio in this current state of the market.

  • @Andreallln

    @Andreallln

    16 күн бұрын

    Investing appropriately today can save you a whole lot of stress in the near future, so anyone who is not investing now is missing a great Opportunity

  • @dogmom-pt5we

    @dogmom-pt5we

    16 күн бұрын

    Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 75% capital growth this year, excluding dividends.

  • @purplebliss6875

    @purplebliss6875

    16 күн бұрын

    Wonderful!!! I've recently sold property and aim to invest proceeds in stocks, I'm seeking guidance. How can I reach them?

  • @dogmom-pt5we

    @dogmom-pt5we

    16 күн бұрын

    I've worked with a few different financial advisors, but I ultimately chose ''Melissa Marie Colby'' because she seems to be very thorough and knowledgeable about the financial market, and yes I do make more.

  • @purplebliss6875

    @purplebliss6875

    16 күн бұрын

    Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

  • @ChristianDelgado-pq5sr
    @ChristianDelgado-pq5sr17 күн бұрын

    Also… sofi made the 1 billion dollar Galileo purchase last year. People don’t understand how big of a deal this is. Just like Amazon owns the rights to AWS and every company who uses it owes them a license fee. Sofi now holds the rights to the AWS of banking

  • @PlasticPellets

    @PlasticPellets

    17 күн бұрын

    no

  • @kellywalker4494

    @kellywalker4494

    17 күн бұрын

    This is nonsense. Sounds like marketing hype. There is no AWS of banking, this is a misconception.

  • @TicketStud

    @TicketStud

    17 күн бұрын

    Someone's drinking the kool-aid lol

  • @diegog1291
    @diegog129117 күн бұрын

    Been holding off because I have been putting all my investment money into Tesla but with this large run in Tesla it's time to start putting some into SoFi.

  • @joaquimcevallosmorales8944
    @joaquimcevallosmorales894417 күн бұрын

    It's all about risk management, I am -22%, small position. Let's see how the story evolves

  • @andrewde78
    @andrewde7817 күн бұрын

    5,700 shares and counting

  • @PlasticPellets
    @PlasticPellets17 күн бұрын

    his ankles bother me

  • @dollarbill9073

    @dollarbill9073

    17 күн бұрын

    WTF?

  • @careswho777

    @careswho777

    17 күн бұрын

    me too mate, i think this will drive the stock down at some point...

  • @-TheOracle-

    @-TheOracle-

    17 күн бұрын

    I totally agree! He looks like his ancles are swollen with gout Gout GOUT! Oh gawd is it gout?

  • @SR-vq8kn

    @SR-vq8kn

    17 күн бұрын

    No CEO should EVER be in public with exposed ankles! Especially during an interview on live television! I am appalled!

  • @Noodles8ify
    @Noodles8ify17 күн бұрын

    I don’t know that Noto served as an army ranger and held the rank of first lieutenant.

  • @anthonyskorupski

    @anthonyskorupski

    17 күн бұрын

    @Noodles8ify he's done a lot more then that, go do some research and get some money in the market before its to late!

  • @Noodles8ify

    @Noodles8ify

    17 күн бұрын

    @@anthonyskorupski will do 🫡

  • @drewyoung2102
    @drewyoung210217 күн бұрын

    Great talk! Financial services make up 0.41% of S&P100 though in a narrowing market. Do not ignore fickle trends short term.

  • @straightdrive6192
    @straightdrive619216 күн бұрын

    everybody is doing just fine. relax.

  • @alb.1911
    @alb.191117 күн бұрын

    👏🏻👏🏻👏🏻

  • @momagdy8469
    @momagdy846917 күн бұрын

    Great interview, more bullish than ever.

  • @robertoc.j.5563
    @robertoc.j.556317 күн бұрын

    👍

  • @pbhakta80
    @pbhakta805 күн бұрын

    SOFI IS GOING TO BEAT ON Q2

  • @syedshah7510
    @syedshah751017 күн бұрын

    Democrats may sell SOFI now out of anger from Noto’s Republican comments 😂

  • @ericmodernel9205

    @ericmodernel9205

    17 күн бұрын

    Good the dems are garbage we don’t need them. Dead beats want free college off the tax payer

  • @trunkmonkey355

    @trunkmonkey355

    17 күн бұрын

    Hopefully, you're right. Dems have a track record of making poor choices.

  • @clausbohm9807

    @clausbohm9807

    17 күн бұрын

    yeh, I will ignore that statement he made and look at his record on banking! I guess he forgot that Bill Clinton balanced the US gov Budget! or that Obama got us out of a banking tailspin given to us by Bush! he is a smart guy but stupid on politics ... just like Elon.

  • @jamesbaum9775

    @jamesbaum9775

    17 күн бұрын

    You could see the reporter's heart sank a bit on those comments. 🤣

  • @clausbohm9807

    @clausbohm9807

    17 күн бұрын

    Got shadow banned on my factual and candid comments about Clinton and Obamas great handling of the economy ... thank you YT for censoring my comments!

  • @jayteepodcast
    @jayteepodcast17 күн бұрын

    Sell the NBA and get stock moving Noto time is ticking

  • @katielowen
    @katielowen16 күн бұрын

    I heard the rich taste good with barbecue sauce 🤤

  • @joshuarobinson6444
    @joshuarobinson644417 күн бұрын

    I Just like the stock 🦍🦍

  • @Agent77X
    @Agent77X17 күн бұрын

    It is better for Sofi to be loosing money, stock price was higher! Sofi all time high is around $24.65!😂

  • @fernandomercado4557
    @fernandomercado455716 күн бұрын

    Sofi gonna be in 40s very soon

  • @DjSuperK
    @DjSuperK16 күн бұрын

    Someone should ask him the hard questions. Like why did they remove delinquency’s from where they use to be? 😂😂 they hid them in their report. They made it hard to find. It use to be like on the front page. 😂😂😂😂

  • @er22ick
    @er22ick17 күн бұрын

    The only CEO that buys his own stock.

  • @253332
    @25333217 күн бұрын

    We make 4.60 apr on savings.. brick and mortar cant touch that.

  • @willbergjames
    @willbergjames14 күн бұрын

    please pump up the stock

  • @cleanair1183
    @cleanair11837 күн бұрын

    Look for SOFI to move through its 52 week high of $11.70.

  • @OnFireFinance
    @OnFireFinance17 күн бұрын

    The bots in this comment section are unreal lol. No reason for people to be praising Noto like this. Zero.

  • @warrenlowe676
    @warrenlowe67616 күн бұрын

    TRUMP 2024

  • @rooner1231
    @rooner123117 күн бұрын

    He seems like a pretty down the middle kind of guy who's focused on his business. I don't see anything untoward that he saying.

  • @alexgarcia6267
    @alexgarcia626717 күн бұрын

    There is no reason for rates to come down at all

  • @kennethsomers3893

    @kennethsomers3893

    17 күн бұрын

    does not matter the Price of the Real Estate Market is in a Bubble and there is nothing the FED can do about it __ this is the direct result of pumping Trillions into the Economy with years or Zero Interest Rates __ the Institutional Real Estate Investors were given free money and bought blocks of Real Estate and pumped up the prices this is called GREED

  • @Dave-cf4vd

    @Dave-cf4vd

    17 күн бұрын

    @@kennethsomers3893 We just imported 8 million new citizens, not including the 5m who came legally... and you think real-estate is in a bubble? Nope. The more you "keep waiting for that big re-adjustment" the harder it will be for you to ever own anything. Look at Canada: 80% of the land is empty, and yet housing prices are worse than in the US. Why? Rampant LIBERAL immigration policies.

  • @TicketStud

    @TicketStud

    17 күн бұрын

    Jerome powell just said yesterday he's seeing cracks in the labor market due to rates being too high for too long. High rates can cause a recession. Huge reason to cut a little now just to be safe.

  • @alexgarcia6267

    @alexgarcia6267

    16 күн бұрын

    @@TicketStud it won’t help. Prices will be so high to where people will give up.

  • @TehDeeBjorn
    @TehDeeBjorn17 күн бұрын

    The stock sucks..don’t forget the shelf stock offering..dilution in waiting. Sell the company to JP or BA

  • @michaelkitchens6022

    @michaelkitchens6022

    17 күн бұрын

    Short term...ok. Long term sitting sooooo pretty. Noto gets paid huge bonus' based on stock prices. He has it positioned to rocket as institutions are jumping in now.

  • @justinmalabanan8298
    @justinmalabanan829817 күн бұрын

    I don’t think there will be any rate cuts this year

  • @tamages
    @tamages17 күн бұрын

    He should not take side with politics…😰

  • @ericmodernel9205

    @ericmodernel9205

    17 күн бұрын

    Let me guess your a stupid Biden voter

  • @IvyLeagueRedneck

    @IvyLeagueRedneck

    17 күн бұрын

    Jordan said it best when someone was trying to push him politically. " Republicans buy sneakers to"

  • @danielstellwag3081

    @danielstellwag3081

    17 күн бұрын

    I would expect him to take this political stance since the current administration is trying to do everything they can to cancel student loans.

  • @lamf1617

    @lamf1617

    17 күн бұрын

    just lost my taste for the company, and i'm a large shareholder.

  • @jw_adventures

    @jw_adventures

    14 күн бұрын

    @@lamf1617 well... large is relative term. No way its that large tho if your that emotional that noto just called himself a liberal that is fiscally conservative . Becasue bad policy would be hitting your pokcet too if you had that much of a position.

  • @tosch9496
    @tosch949616 күн бұрын

    Noto...you should get whales on board. Start increasing the institutional investors. There are still 600 million shares left for manipulating the stock for many years in a negative way. You must fix this issue

  • @kellywalker4494
    @kellywalker449417 күн бұрын

    Noto has good EQ and says all the right things. However, the stock has been an absolute disaster. I still don’t see any innovation from SoFI.

  • @AmirA-bx5zr

    @AmirA-bx5zr

    17 күн бұрын

    SoFi has the worst CTO I have seen, no innovation or features improvement for three years. This is a huge red flag

  • @minimechicago
    @minimechicago17 күн бұрын

    Sofi is dead money.

  • @colbybrady2187
    @colbybrady218717 күн бұрын

    SoFi filed lawsuits against debt relief. I was about to switch some of my accounts to them before I read that news. Screw SoFi.

  • @jw_adventures

    @jw_adventures

    16 күн бұрын

    no one should pay for yours mine or anyone elses education. If somoene wants to blow 100k on a liberal arts degree while they find themselfes thats great - but you need to pay it back on your own.

  • @colbybrady2187

    @colbybrady2187

    16 күн бұрын

    @@jw_adventures, you assume too much in your ignorance.

  • @jw_adventures

    @jw_adventures

    16 күн бұрын

    @@colbybrady2187 zero assumptions, those were opinions.... and now ill add in a fact. Goverment is not our daddy.

  • @colbybrady2187

    @colbybrady2187

    16 күн бұрын

    @@jw_adventures, $100K debt in liberal arts? Pure erroneous assumption fueling an ignorant opinion. A minor $10K bit of student loan relief payback to citizenry that have invested in themselves, and our nation’s educated future, is a drop in the bucket compared to the 2008 bank bailouts, or the wildly abused PPP absurdities, neither of which critics of student debt relief are concerned with. $10K is a minor dent in what an education costs these days, or even what it cost 10-20 years ago. Regardless, the relief forgave a small slice of the debt for many with STEM and other critical degrees for our country’s well being, and the fact remains, screw SoFi.

  • @user-xr4bm5qh1l
    @user-xr4bm5qh1l16 күн бұрын

    For a company that went public over 3 years ago at $21 a share, its now almost at $5. Even Biden mighbt be able to run this company better than this clown. You are judged by how well your stock price is as a CEO.

  • @theteacher2000
    @theteacher200017 күн бұрын

    SOFI $10 EOY with rate cuts and $8 without cuts. I am bullish on SOFI but to think this will hit $20 (as someone said) is sadly wishful thinking.

  • @IvyLeagueRedneck

    @IvyLeagueRedneck

    17 күн бұрын

    I look at it in terms of market cap and is SOFI an 20B market cap company. Its not from a traditional evaluation perspective. but the market is not rational. Hood is a 20b company with fewer products and no bank charter than sofi. But a little more profitable currently. IMHO Hood is overvalued, and SOFI is under. both should probably be in the 10-15 b market cap range. So yeah, i am more in line with your $10 EOY range as well but there is always hope for an irrational run like HOOD. I hope they continue to hit and exceed guidance; we see $10+ by EOY, 15+ by EOY 2025 and 25+ by mid 2026 for noto to hit his bonus. Time will tell.

  • @user-xr4bm5qh1l

    @user-xr4bm5qh1l

    16 күн бұрын

    EOY maybe $7.50

  • @IvyLeagueRedneck

    @IvyLeagueRedneck

    16 күн бұрын

    @@user-xr4bm5qh1l certainly possible. With this stock it could hit $12 this year and still end the year at $7.50. It was $11 not that many months ago. For me I have my position baked. I will reassess mid 2026 hoping they hit the min price target of $25. until then I am an investor, not a trader. I like the company; I use them and believe in their approach over traditional banks. And i am in my late 50's who left WF after 30 yrs. The model makes sense.

  • @WalterWhite84762
    @WalterWhite8476216 күн бұрын

    Sell your SoFi stock. Americans do not want another trump presidency and we definitely do not want services and products from a trump supporter. Cancel your SoFi account

  • @AHouse181
    @AHouse18117 күн бұрын

    Wants to help people get their money right, but votes for trump? Lmao, guess he really wants to get his own money right

  • @Dave-cf4vd

    @Dave-cf4vd

    17 күн бұрын

    Are you oblivious to economic reality? The economy was terrible under Obama, great under Trump, and terrible under Biden. It is as simple as: Ds focus on globalist trade deals, high immigration and high taxes. Not good for business or you, but great for campaign donations from megacorps.

  • @rtorcato
    @rtorcato16 күн бұрын

    So he's a trump supporter. I will be selling my Sofi stock

  • @jw_adventures

    @jw_adventures

    14 күн бұрын

    haha all he said he was liberal and has left views but fiscally conservative and a republican is better for his business... that is all. She asked him about financial policy only nothing else and he was truthfull..

  • @andreww5574
    @andreww557417 күн бұрын

    I'm a buyer at $4

  • @higiniomorales459

    @higiniomorales459

    17 күн бұрын

    Good luck with that.

  • @Maxrotor1
    @Maxrotor117 күн бұрын

    Weak CEO working for a predatory company.

  • @anthonyskorupski

    @anthonyskorupski

    17 күн бұрын

    @Maxrotor1 as you make minimum wage typing your comment from a laptop lol... all you trolls are going to watch this stock soar!!

  • @qqss332
    @qqss33217 күн бұрын

    Stock ain't going anywhere with Liz Young as the head of investment strategy 🤣🤣

  • @syedshah7510

    @syedshah7510

    17 күн бұрын

    She is a joke!

  • @jodame3925
    @jodame392517 күн бұрын

    horrible CEO and the company will be the last for me to check, they dont care about people lives being better! only the bottom line and the bots in the comments knows that

  • @GARP-Investor

    @GARP-Investor

    17 күн бұрын

    Haters gonna hate 😂

  • @seazestyt

    @seazestyt

    17 күн бұрын

    @@GARP-Investor One could not get better CEO . The fact the stock is trading that low has to do with a number of other things rather than fundamentals.

  • @Dave-cf4vd

    @Dave-cf4vd

    17 күн бұрын

    Correct: the CEO's job is to worry about the bottom line, and not how many 2-spirits they hired.

  • @TicketStud

    @TicketStud

    17 күн бұрын

    ​@@seazestythe has no prior experience being a CEO. His last position was running Twitter into the ground. Absolutely zero fintech background. There are literally thousands of better options.

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