I’ve actually been accumulating for a while now, and at 10000 shares with a 2ish average. Haven’t sold even after the mania.
As a fan of their products (and I eat meat), the case for a turnaround is there. The key is the case for bankruptcy is off the table - for now. It‘s up to them to capitalize on it. They have been getting their gross margins up through aggressive cutting of costs, and they have finally brought all their production in house, which should help expand those margins in the future.
Right now the two drags are falling revenue and lagging QSR partnerships. There seems to be positive momentum in addressing that with their recently announced deals with Erewhon and Walmart. their recent Beyond Kitchens direct to consumer experiment launch was a major success (product was sold out in less than a couple hours).
It’s going to take a while, so RIP your weekly calls you got with juiced IV, those are probably toast. However, I do see a Carvana like turnaround eventually. I’ve seen this story like 100 times already - Sofi, Pltr, Cvna, hell you could argue even those shit SPACs Open and CLOV turned around at its lows. If they keep strengthening their balance book, improving their gross margins, and finally start see GROWING revenues, this stock shouldn’t be worth $2. It should be more like $12-$15. however, that could take YEARS.
**Ban Bet Created:** **/u/Flimsy-Ingenuity-186** bet **SOFI** goes from **29.23** to **30.69** before **28-Oct-2025 09:37 PM EDT**
Their record is 16 wins and 64 losses.
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Got my SOFI calls in. Earnings pre market with rate cuts that day = 🚀 My target is 35$