SoFi: Giant Banks Are Betting Big On Innovation

  • SOFI remains a SELL due to massive overvaluation and unclear business expansion prospects in a fiercely competitive financial services industry. Large traditional banks like JPMorgan and Bank of America are aggressively innovating, posing significant threats to SOFI's ability to gain market share. SOFI's valuation metrics, including P/E and Price/Book ratios, are excessively high, and DCF analysis shows the stock is 21-32% overvalued.