Sophie technologies ,Sophie 2.56%, There is not an easy stock with the price, jumping up and down with the price. Case in point: Its 52-week high is 206% above the lower level of 52-week. However, in the last 12 months (till 26 June) the stocks have increased by 154%. The market is heating this digital banking leader.

it Fintech stock It is extremely unstable, which may be the case. But shares still trade below $ 20. Should investors add Sofi to their portfolio at these levels?

Sophie has continued to new

Sofi has achieved tremendous success by focusing its customer base a better user experience. This means to take advantage of data, technology and internet to make someone’s finance very easy to manage. It helps that business has not been reduced from old infrastructure or physical bank branches. This makes it easier to keep the customer first.

Keeping this in mind, Sofi has given priority in constant innovation. For example, in March 2023, the company shared with other financial institutions and introduced FDIC insurance up to $ 2 million in deposits. This standard is eight times the $ 250,000 that is usually insured. Sofi’s deposit base increased by $ 1.2 billion at the end of the first quarter of 2022, now an unprecedented growth rate to $ 27.3 billion.

Recently, Sofi announced a plan to tap the Global Remittance Market. At the end of this year, customers will be able to use Zel, ACH, StabelcoinsOr other methods to send money on boundaries. Business says that the fund will be transferred through the blockchain network, and this process will be cheaper and faster than the traditional systems used today widely.

After closing the service in December 2023 to follow the rules, Sofi is re -presenting cryptocurrency trading on its platform. And plans to seriously expand the prasad under the road.

“Over time, Sofi has intended to offer a wide range of stabblecén and other services, such as members, as members were offered by Gallels, Gallels, Sophie’s technology platforms, along with the technical platforms of Sophie, along with the technical platforms of Sophie’s technology capacity, along with the technical platforms, along with introducing the ability to borrow against their crypto assets, the ability to borrow against their crypto assets, the ability to borrow against their crypto assets, and introduce new stacking facilities. To present for companies also.

These planned initiatives should rub the development engine. SOFI has a history of strong customer and revenue benefits. I do not see any reason why it will not continue in the coming years.

Sophie is ready to be a huge winner

This stock has crushed the market in the last one year, as the speed for Sofi among investors is warm. But for those who have been on the shore, do not let you discourage that better performance. I do not believe that investors have missed the boat.

Officials feel that the bottom line is on an impressive upward trajectory. Sofi reports $ 0.10 adjusted earnings per share (EPS) Damage in 2023, a major improvement before a year. But by 2026, the leadership team predicts positive $ 0.68 (at midpoint). In the following years, the forecast is for annual growth between 20% and 25%. The fastest revenue benefits and a combination of a scalable business model makes it easier to grow rapidly.

Sophie has crossed the EPS expectations of Wall Street in the last 11 straight quarters. Clearly, management has a history of under-commerce and over-decoring. This makes me believe that the company will hit its long -term profit goals, and perhaps the opposite will also be surprised.

By 26 June, the stock trades the P/E ratio of 39.8. On the surface, it does not clearly look like a deal. After all, S&P 500 Index is About 40% cheaper. However, if you believe, as I do, this profit will increase considerably in the coming years, then Sophie looks like a no-burener who buys below $ 20 per share.