Aug. 24 at 8:35 AM
$UPST $SOFI $PGY $SPY I think this company is going to fly very quickly and I think it will surpass the record it had (
$390) in October 2021. Since this company was issued, interest rates have only increased and only a year ago it dropped to a record 1%. Now we are facing 2 huge things: 1. Additional interest rate cuts. 2. The company has record demand for loans and this year will end with record revenues (over
$1 billion). I estimate that together with the decrease in interest rates in 2026, the company will continue to grow by at least 50% and reach
$1.5 billion. Its profit margins should also increase and it can generate a profit of 26% (it did so in 2021, check me), which means a profit of
$400 million. Such a growth rate could bring it to a multiple of 100 on profit, which is a value of
$40 billion, which is 7 times the current value, so I think by the end of next year we will reach
$476 per share. The current price is a bottom that will probably not be seen again.
