Overview

• Jim Cramer said he feels vindicated on his yearslong SoFi call and believes the stock is not finished going higher.
• He attributes the rally to consistently strong results, noting SoFi has topped sales and EBITDA estimates since its 2021 debut and beaten EPS expectations for seven straight quarters.
• Cramer frames the recent pullback as a buying opportunity and sees potential for meaningful gains over three to five years, though not an immediate triple.
• SoFi shares rose 6.75% to $28.14 on Tuesday as investors positioned for a possible Federal Reserve rate cut, with the company expected to report third-quarter results later this month based on prior schedules.
• For 2025, SoFi is targeting about $370 million in net income and $3.375 billion in revenue, which the company says would be roughly 30% year-over-year growth.