SOFIW - Is SoFi Stock A Buy Or Sell After Its Recent Dip?

• SoFi has traded down by about 35% since it completed its reverse SPAC merger IPO in early June.
• The downward price pressures come as a result of the stock’s lock-up expiration, and management’s soft revenue outlook due to lower student loan refinancing volumes until 2022.
• However, the recent volatility is expected to be transitory, with significant upside realization to resume in the near-term ahead of material catalysts on which SoFi’s long-term growth is built on.
• The anticipated approval of a national bank charter for SoFi is expected to materialize within the next 12 months, which will materially transform the company's overall growth prospects.
• Combined with its cost-efficient multi-product business model and ongoing digital transformation tailwinds for the industry, SoFi is well-positioned for upside realization of as much as 38% in the near-term.

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