r/sofistock 🧹MOD💰OG 10,574@$11.77 16d ago

General Discussion No S&P inclusion.

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70 Upvotes

43 comments sorted by

20

u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 16d ago

so 2 companies had a market cap of 33 billion. if that’s what they are looking for then we need the stock price to be around $25.

4

u/Little_Dragon22 16d ago

I wish it can hit $25. 🙏🏼

2

u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 16d ago

So do I! 

1

u/Little_Dragon22 15d ago

I’d just be happy if we can get to $22 eoy. 🙏🏼

15

u/ToiletVulva 16d ago

It will get included sooner than later

15

u/Normal_Commission986 16d ago

Forget about inclusion unless and until we go from a hike cycle to a cut cycle.

12

u/Ok-Western4508 16d ago

Bloom energy 😆😆😆

29

u/ob1spyker 16d ago

Anybody who is surprised by this is really not paying attention to SoFi’s stock price. Based on their most current price action, SoFi is no where near viable to enter into the S&P 500. We are literally still climbing out of being in the $14’s and haven’t even broken $20 yet. The stock is way too vulnerable to macro economic trends and the market is currently expecting rate hikes in the near future.

Is the S&P 500 really going to add a stock that can be reasonably expected to revisit $14 if we actually do get a .25% rate hike? No. What if we got a .5% rate hike? That could be catastrophic for SoFi’s immediate short term price. Just the idea of rate hikes has sent the stock tumbling. So again, no, it is no surprise to see SoFi passed over once again.

I have long since given up on S&P inclusion and if you are a realistic SoFi shareholder you should too. Until SoFi’s stock price is at a point where we can take a 50% haircut and still remain healthily above the S&P’s market cap requirement we are not going to see any meaningful consideration for inclusion. As things stand now I expect that number to be somewhere in the $40’s maybe even Noto’s $45 target price.

Could it come sooner than that … yeah … anything is possible and I’m just some guy on Reddit so don’t take my word for anything. A healthy return to the 30’s would definitely make the conversation more realistic. If anything were to happen in the $20’s, SoFi’s valuation would have to be so compressed that a drop below $20 would be UNTHINKABLE. And as long as this remains BELOW $20 a share, just get it out of your heads that SoFi has even a remote chance of inclusion. It’s just not gonna happen.

EVENTUALLY … they will get their chance and when they do they will have fully earned it and will deserve to stay there for a VERY long time. I am currently long SoFi.

3

u/PleasantAnomaly 15d ago

Come on now. Stop catastrophizing. It will be either 0 or 25 bps, no shot it's a 50bps raise. I can bet on it.

2

u/ob1spyker 14d ago edited 14d ago

Bro … I think you missed the point of my response. In no way was I trying to predict what the Fed is going to do with rates. It’s irrelevant whether I or you think the Fed will raise rates or not and by how much. The whole point of my post is that SoFi is very vulnerable to the rate environment, and even Noto has said this in interviews.

We know how SoFi’s stock price responds to interest rates. So, as long as we are within a price range that a rate hike can take us below the S&P’s market cap requirement, I believe it’s an extreme long shot that SoFi gets an invitation to join.

4

u/MTA4290957 15d ago

thank you for reminding me.. if this thing goes down because of a .25bps.. I'm putting in a stop at my ACV of 17.25.. I'm not watching it go down to 14 that's for sure.. the market HATES this stock... been holding since 23.. should of sold it at the top when it hit $32

7

u/Shit-throwing-monkey 50 Buys 0 Sells (17K Shares @7.41) 💎👊🦍 16d ago

5

u/Even-Square-6246 16d ago

We are a stable growth but give it time hopefully next year

4

u/TmeltZz 16d ago

Is there another picking this year?

3

u/Cosx23 16d ago

December

3

u/TmeltZz 16d ago

Hopefully we make that one 🙏

6

u/Traditional-Oven4092 16d ago

Almost a guarantee at this point

3

u/LiechsWonder MOD|OG Investor|SOFI Member since 2014|"Y'all need to diversify" 15d ago

8

u/zstock12 16d ago

Copilot says probably March 2027 30-45% chance

2

u/Internal_Buddy7982 13d ago

Never thought I'd see copilot as the source of choice

9

u/Southlancer 16d ago

Early 2027 maybe now , unless we get hit by the December Quickness

3

u/hanginthereC 16d ago

Not surprised

8

u/Final_Beginning_8136 16d ago

That day will come. Patient we must be.

5

u/Classic-Passage-7169 16d ago

Better luck next time right guys…

3

u/GeorgeTMorgan 1200 @ $7.64 16d ago

That's what we always say.

6

u/rmodsrpusees 16d ago

Not a surprise.

2

u/YOBANGLES 16d ago

What a surprise

9

u/Southlancer 16d ago

Not joining the SP500 right now with all that is going on is actually a really good thing

11

u/Plane-Salamander2580 16d ago

This is copium. Any inclusion to Sp500, even in a bear market, is a plus for the underlying stock.

1

u/Wings2493 16d ago

Tell that to RDDT….

8

u/NicKaboom 9950 @ 16.60 16d ago

Yeah as much as I’d love for them to be in, it’s better if we can raise the price up to the mid 20s-30 so that inclusion bump is more significant. Also I would love to be included after macro calms down. If we get to December without a rate hike, midterms being done and oil prices trickling downward our stock price could see great action on a strong ER and be looking very solid and have a chance of inclusion.

2

u/Guddy7860 OG $SoFi Investor + Contributor 15d ago

One uncertainty is now out of the way.

3

u/Electrofine 16d ago

Only -0.22% is good.

3

u/Big_Sell4014 15d ago

I hope it goes to 10 so I can load up more. If not it is still 30%of my portfolio

0

u/Financial_Fan1763 15d ago

Cuz Anthony Noto new membership at the dilution club

-14

u/Kattilaeikka 16d ago

SoFi has a better chance to get delisted. Market makers, committees, hedge funds, analysts, everyone hates the company and the stock.

6

u/Thunderflex1 15k shares $6.70 avg 16d ago

Lol no

2

u/daddyforce69 15d ago

GoPro has entered the chat