Cramer Reups Bullish Call on SoFi, Says Rally Has More Room to Run

He points to a long streak of estimate beats and growing traction with younger customers.

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.