SoFi Technologies Inc. (SOFI) is experiencing increased investor interest ahead of its earnings report scheduled for Tuesday morning next week. Call options for SOFI have nearly tripled recently, reflecting heightened market activity. Citizens JMP Securities has initiated coverage on SoFi with a Market Outperform rating and set a price target of $17, which implies a potential upside of approximately 38%. The firm highlighted SoFi's strong growth trajectory, improving profitability, and undervaluation, describing it as a compelling long-term investment opportunity with a large addressable market. SOFI's stock has risen by nearly 50% from recent lows amid this positive outlook. Additionally, other active call options in the market include those for companies such as Advanced Micro Devices (AMD) and Micron Technology (MU).
$SOFI almost +50% from the recent lows 👀 (reports next week) https://t.co/YM0dmiTTYW
$SOFI Citizens JMP initiates SoFi at buy Citizens says the consumer lending platform is well positioned. “We initiate coverage of SoFi Technologies with a Market Outperform rating and a $17 price target, implying ~38% upside, supported by SoFi’s growth trajectory, improving
$SOFI | 𝐒𝐨𝐅𝐢 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 (SOFI): Citizens JMP 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐰𝐢𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦, 𝐬𝐞𝐞𝐬 𝐏𝐓 𝐨𝐟 $𝟏𝟕 (38% upside) https://t.co/Q18di3dxc4