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VIH Stock has gained 17% over the past week – here’s why

VIH Stock has gained 17% over the past week – here’s why

VPC Impact Acquisition Holdings (NYSE:VIH) is a Special Purpose Acquisition Company planning to take cryptocurrency exchange platform Bakkt public via a reverse merger. The merger was first announced in January this year and boasted an enterprise value of $2.1 Billion. The merger was expected to close out in the second quarter, however this has been delayed due to amendments made to the SEC.

However, VIH stock has remained a speculative play as investors aim to squeeze the stock based on its seemingly high short interest float. With investor interest at an all-time high, this article will breakdown everything you need to know about VIH stock.

Who is VPC Impact Acquisition (NYSE:VIH)?

The blank check company raised $200 Million in September last year, issuing 20 Million units at a $10 PIPE offering price. VIH stock had a primary focus in acquiring a high-growth business in the fintech space. The SPAC’s target, Bakkt, is a cryptocurrency platform that allows consumers and institutions to buy, sell, store and spend digital assets. The platform provides a way for traditional investors to get involved in Bitcoin with US federal regulatory oversight.

“The average consumer holds a wealth of digital assets but rarely tracks their value and lacks the tools to manage and utilize them…I’m excited to join the management team of a company, at this important time in its expansion, whose vision is to bring trust and transparency to digital assets through innovation and technology and, through that process, unlock trillions of dollars currently held in customer and loyalty accounts and allow consumers to put them to work.”

Bakkt CEO, Gavin Michael in January press release

Why is VIH stock driving investor interest?

In recent weeks, there has been little to no news on VIH’s progress in finalising the SPAC merger with Bakkt. The higher levels in investor interest have been primarily driven by rising speculations of a potential short squeeze.

As of August 13, VIH had reported a percentage of float shorted at 34.27%. Generally speaking, a short float below 10% suggests the stock has a bullish sentiment while over 10% indicates a higher level of pessimism towards the stock. The high levels of float shorted is driving speculation of a potential squeeze on VIH stock.

What is the VIH stock forecast?

Despite the increased interest in a potential VIH stock squeeze, the proposed merger is expected to add value to Bakkt’s balance sheet if the merger is finalised. From initial reports in January, the combined company expects to raise $500 million in cash to add to the combined companies balance sheet.

Bakkt forecast that the cryptocurrency market will grow to $3 Trillion by 2025 and the companies TAM will grow to $5.1 Trillion in the same year. Bakkt’s January investor presentation, Bakkt forecasts revenue to grow at a CAGR of 75% with 2025 revenues expected to be $515 Million. The company also noted that they forecast to be cash-flow positive by 2023.

However, it is worth noting the extended delay in the merger finalisation date may impact these forecasts.

VIH stock

The Bottom Line – VIH stock

Overall, the merger remains subject to certain customary closing conditions which includes the approval of VIH shareholders. However, it is clear speculators are eyeing off a potential short squeeze with high levels of float shorted on VIH stock. In addition, the combined companies forecasts highlight the vastly growing potential of the cryptocurrency market.

In saying this, the combined company still faces a slowing SPAC market and the inevitable sale of PIPE investments. We will continue to monitor VIH stock as the company closes in on its merger with Bakkt.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

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We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

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Here’s 3 things to take away from the Virgin Orbit merger news

Here’s 3 things to take away from the Virgin Orbit merger news

The rumoured SPAC merger between NextGen Acquisition II (NASDAQ:NGCA) and Richard Bransons Virgin Orbit has come to fruition in a $3.2 Billion deal. Virgin Orbit announced this morning that they have entered into a definitive agreement to become a publicly traded company through a business combination with NextGen Acquisition Corp. II (NASDAQ: NGCA).

The proposed merger is already building hype on Wallstreet, which comes after Branson’s success in its previous SPAC venture which took Virgin Galactic public (NASDAQ:SPCE). The NGCA merger will see Virgin Orbit trade under the stock ticker (NASDAQ:VORB) which is expected to close at the end of the calendar year. With investors now intrigued in the NCGA and Virgin Orbit proposition, this article will breakdown three key points to take away.

Virgin Orbit SPAC merger to raise $483 Million

Firstly, the NGCA merger will raise $483 Million for the combined company to fund its expansion strategy over the next few years. The funds will enable Virgin Orbit to “scale rocket manufacturing to meet customer demand and to fund growth in its space solutions business” alongside the companies Research and Development efforts. The cash infusion is expected to fund Virgin Orbit through to it expects to reach a positive free cash flow in 2024.

This includes a $383 million cash injection from the trust account of NextGen Acquisition and a $100 million from fully committed PIPE investment at $10 a share. The PIPE investment is led by strategic and institutional investors including Boeing and AE Industrial Partners.

“Our success in launch has driven the business forward, and now we expect this investment will enable us to build on our R&D efforts and our incredible team. We are driving innovation with world-class design and advanced manufacturing capabilities, our unrivaled mobility of launch, and our exciting space solutions services.” Dan Hart, the CEO of Virgin Orbit

Virgin Orbit merger

Virgin Orbit to generate $2 Billion in revenue by 2026

In Virgin Orbit’s investor presentation released earlier today, the company forecasted revenue to flourish over the coming years. With a kick start in funding from the proposed SPAC merger, the company expects to generate upwards of $2 Billion in revenue by 2026. Over the next 5 years, Virgin Orbit forecasts revenue to grow at a CAGR of 166%.

The companies revenue outlook is broken down into three main segments. This includes Commercial and Civil Launch, Nation Security and Defence and Space solutions. As we discussed in our Rocket Lab article, the demand for commercial launch services is growing at a rapid pace. Integrated IoT and Earth Observation services are also a target for Virgin Orbit and Rocket Lab, with a huge total available market (TAM). If you are interested in Virgin Orbit’s forecasts the link for the presentation will be here or can be found on the companies IR website.

NGCA & Virgin Orbit Merger expected to close later this year

Lastly, the proposed business combination is expected to close at the end of 2021. Until then, NGCA will continue to trade on the NASDAQ. The SPAC merger process will require approval by NextGen’s (NASDAQ:NGCA) shareholders alongside satisfaction or waiver of other customary closing conditions. Given the success of the Virgin Galactic combination last year, investors are confident Virgin Orbit will be publicly trading by the end of 2021.

However, in recent months the SPAC market hype has vanished as post merged companies struggle to maintain investor momentum. Pre-merger SPAC tickers generally experience high levels of volatility as investors speculate on the post-merged companies valuation. Nevertheless, the proposed merger offers investors a unique entrance into the aerospace industry.

Virgin Orbit merger

The Bottom Line – Virgin Orbit merger

In summary, the Virgin Orbit merger has caught the attention of investors on Wallstreet. With the success of SPCE alongside other direct competitors such as Rocket Lab taking a similar trajectory, we can expect further interest over the next few weeks. However, investors can expect higher volatility pre-merger as both companies close in on the $3.2 Billion deal.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

SRNG is set to merge with Ginkgo Bioworks – here’s what you need to know

SRNG is set to merge with Ginkgo Bioworks – here’s what you need to know

Soaring Eagle Acquisition Corp. (NASDAQ:SRNG) is set to merge with bio tech company Ginkgo Bioworks in a $15 Billion deal. The mammoth deal is expected to provide the biotech company $2.5 Billion in primary cash proceeds to fund future growth within multiple industries.

Ginkgo Bioworks program living cells to utilise their potential across a vast range of industries including vaccines and therapeutics to developing renewable plastics. Investors are now asking how much potential does the merger hold and what is mid-long term outlook of Ginkgo Bioworks. Therefore, this article will breakdown everything investors need to know about the SRNG merger and the future of Ginkgo Bioworks.

Key details surrounding the Ginkgo and SRNG merger

  • The pre-merger value of the combined companies is $15 billion.
  • The transaction is expected to provide up to $2.5 billion of primary proceeds to the combined company. Furthermore, $1.725 billion will be sourced from Soaring Eagles Trust Fund whilst the other $775 million will be sourced from PIPE investments.
  • The transaction is expected to close after the shareholder vote Scheduled for September 14, 2021.
  • In addition, Ginkgo expects to generate $150 million in revenue in 2021. This illustrates a YOY growth of 96% growth from 2020.

“Ginkgo is not only a leader in this field, but its founders launched the modern practice of synthetic biology. There has never been a more critical time to employ Ginkgo’s technological achievements and efficiencies toward solving so many real-world problems—environment, food, and health to name a few.”

said Harry E. Sloan, CEO of Soaring Eagle.

Why are investors excited about Ginkgo Bioworks?

Firstly, Ginkgo Bioworks are tapping into a market worth nearly $40 Billion according to the company. This same market of R&D spending is expected to grow to $58 Billion by 2023, illustrating a growing market opportunity for the company to break into.

The company expects to generate $150 Million in revenue in 2021 and $175 million by 2022. By 2025, the company forecasts revenue to reach upwards of $1.09 Billion and with an EBITDA of $166 Million. In addition to this, between 2023-2025 the company expects YOY revenue growth to range between 75%-95%. The positive 4 year outlook on revenue growth is a greenlight for long term shareholders.

However, it’s important to note that these forecasts are subject to change and revenue guidance from future earnings results will generally indicate this. Furthermore, the company is currently running at a loss and does not expect EBITDA to become positive until 2025.

Summarising the SRNG merger

In summary, the proposed merger is one of the largest SPAC deals of 2021 so far. Looking at the revenue forecasts for the next four years, the company looks well positioned to break into an untapped R&D market.

However, the SPAC market on Wallstreet has been volatile this year with many blank check companies now trading below the PIPE pricing. Market volatility will be an influence on the SRNG stock price pre-merger, which may exceed some investors risk appetite.

Written by Tyger Fitzpatrick

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

BeachBody stock forecast (NYSE:BODY) – will the stock bounce back?

BeachBody stock forecast (NYSE:BODY) – will the stock bounce back?

In early February, The Beachbody Company announced its intentions to merge with both SPAC company Forest Road Acquisition Corp. (NYSE: FRX) and Myx Fitness in a reverse merger. The merger was valued at $2.9 Billion and was to raise approximately $420 million for the combined company.

On the 28 June, Beach Body Company had their debut on Wallstreet (NYSE:BODY) as the new parent company of Beachbody On Demand (BOD), Openfit and Myx. However, since the companies debut the stock has struggled to maintain its pre merger momentum. The stock is currently trading 25% lower than its PIPE offering price of $10.

Investors are now asking if the stock can bounce back after its recent performance. This article will breakdown everything investors need to know about the BeachBody stock forecast (NYSE:BODY).

Table of contents

Beachbody stock forecast
Digital Fitness industry expected to be worth $59 Billion by 2027

Beachbody Company Stock Forecast (NYSE:BODY)

Firstly, The Beachbody Company has been able to position their brand effectively in areas such as digital subscription, consumer health and connected fitness. The company boasts 2.6 million paid digital subscriptions, which surged 30-40% as a result of COVID-19. Furthermore, current forecasts suggest the online fitness industry will grow to $59 Billion in market value by 2027.

However, investors are excited about the strong revenue opportunities the combined company can bring to the table. Looking forward into 2021, the combined company expects to generate $1.11 Billion in revenue and grow to 3.7 Million digital subscriptions. In addition, the company expects revenue to grow to $1.4 Billion in 2022 and $1.95 Billion by 2023 (representing YOY growth of 30%).

By 2025, the company expects to generate upwards of $3.29 Billion and amass 10.9 million digital subscribers. (See above data from The Beach Body’s Investor Presentation).

BODY Stock Price Today by TradingView


The risks involved with BeachBody stock

Firstly, it’s important to note the forecasts above are a reflection of future variables taking place. In contrast, we have seen the volatility the stock has experienced over the past few months.

Since the companies debut, the stock has dropped 40% now balancing around $7.50. We have seen a trend of post-merged (SPAC) companies trading lower than their PIPE offering price.

A few examples include merged company Clover Health (NASDAQ:CLOV) and indie Semiconductor (NASAQ:INDI). Therefore, investors should always tread with caution and can expect future volatility as the company moves through 2021.

Summarising the BeachBody stock forecast

In summary, the strategic positioning of the combined company looks to be a real threat to its competition including Peloton.

In addition, the 30% YOY growth in revenue over the next 4 years is a green light for long term investors. However, the associated risk with SPAC companies in the current market does expose investors to additional volatility.

Written by Tyger Fitzpatrick, Founder of Youth Investment Group.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. 

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

What SoFi’s Q2 earnings miss means for investors

What SoFi’s Q2 earnings miss means for investors

Social Finance (NASDAQ:SOFI) released their second quarter earnings at market close, reporting an EPS miss of $0.42. Despite the earnings miss, the company beat revenue expectations reporting a record $237.2 Million in adjusted revenue. The adjusted revenue beat indicates a YOY improvement of 74%.

So where did the company fall short?

SoFi’s net loss widens quarter-on-quarter

SoFi reported a widening net loss of $165.3 Million, in comparison to the companies Q1 net loss of $106 Million.

SoFi noted in the earnings release that an absence of an acquisition related tax benefit, alongside significant non-cash stock-based compensation expenses and fair value changes in warrants were the largest contributors to the current period net loss.

Importantly, SOFI maintained a positive EBITDA for the fourth quarter in a row. The company reported a EBITDA of $11.2 Million, compared to its first quarter EBITDA of $4.1 Million. The $11 Million EBITDA result actually beat high end analyst estimates by $9 Million. However, SoFi’s guidance for Q3 suggests EBITDA may fall into the negatives (see guidance below).

SoFi Q2 earnings highlights strong membership growth

SoFi reported 2.6 Million members in the second quarter, compared to 2.26 Million recorded in Q1. The growth was primarily driven by expansion in the offering across SoFi’s business segments.

“We drove our 8th straight quarter of accelerating member growth, with even faster growth in cross-buying from existing members, increased our Galileo account base to nearly 79 million, and raised nearly $2 billion in our successful transition to a public company.” said Anthony Noto, CEO of SoFi.

SoFi sets new guidance for Q3 revenue

The company expects to continue its strong revenue growth in the third quarter of 2021. SoFi set its revenue guidance to an adjusted net revenue between $245 million to $255 million. However, SOFI expects Q3 adjusted EBITDA between $(7) million to $3 million.

SoFi reiterates its full-year 2021 guidance of adjusted net revenue of $980 million and adjusted EBITDA of $27 million.

Sofi Q2 earnings

The Bottom Line- SoFi Q2 earnings

Overall, the Q2 earnings miss has placed additional pressure on the share price after hours, dropping 10% at the time of writing. Nevertheless, the earnings miss is not all doom and gloom for SoFi investors based on revenue growth and Q3 revenue guidance. It cannot be understated that the company did break a quarterly adjusted revenue record despite its surprise earnings miss.

In saying this, the guidance in Q3 looks underwhelming in terms of EBITDA performance. We will see how the remainder of Wallstreet reacts to the earnings miss over the next week, however guidance for FY 2021 still remains unchanged according to SoFi.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

Vector Acquisition (NASDAQ:VACQ) closes in on merger with RocketLab

Vector Acquisition (NASDAQ:VACQ) closes in on merger with RocketLab

On the 1st of March, Vector Acquisition Corp (NASDAQ: VACQ) announced its plans to take Rocket Lab public via a reverse merger. Rocket Lab is an end to end, aerospace manufacturer and small satellite launch service.

To add to its credentials, in the history of spaceflight Rocket Lab is one of only two private companies that has delivered regular and reliable access to orbit, the other company being Elon Musk’s SpaceX. Furthermore, the merger transaction is expected to provide Rocket Lab capital to fund the development of a reusable Neutron launch vehicle.

The vehicle is tailored for mega constellations, deep space missions and human spaceflight. With the shareholder vote set for the 20th August, this article will breakdown everything you need to know about the Rocket Lab and VACQ merger.

Table of contents

Key details surrounding VACQ and Rocket Lab merger

Firstly, the merger will raise $470 million from committed PIPE investors alongside an additional $320 million from Vector Acqusitions Trust Account. The VACQ merger is valued at $4.1 billion pro forma. In addition, the merger vote is expected to take place on August 20. This marks one of the final steps of the merger process.

The combined company will trade on the Nasdaq, under the ticker symbol RKLB. This will allow for investors to purchase RocketLab shares directly from the stock market.

Furthermore, the cash proceeds from the transaction will also help fund growth in the space systems and applications market, enabling Rocket Lab to deliver data/servicesnfrom space. The space systems and applications industry is expected to grow to $1.4 trillion by 2030.

“Rocket Lab is ideally positioned to continue to capture market share in the rapidly expanding space launch, systems and applications markets.”

Alec Slusky, CEO of Vector and Founder & Chief Investment Officer of Vector Capital

RocketLab stock forecast
Space satellite orbiting the earth on a background star sun. Elements of this image furnished by NASA.

RocketLab stock forecast over the next 5 years

Firstly, Rocket Lab has completed 18 seperate missions and launched 97 satellites to date. The company expects to generate $69 million in revenue in 2021 (96% YOY growth) and expects this to grow to $176 million in 2022.

By 2025, Rocket Lab forecasts revenue to reach upwards of $749 million. RocketLab expects both space systems and launch revenue to equally drive this 5 year growth forecast.

The 5 year outlook on revenue according to Rocket Lab look bullish, however the risk in space applications remains high. For Rocket Lab to meet these forecasts, they will need to ensure assumptions regarding expansion into the space systems and applications industry is successful.

In saying this, its space systems business already has scheduled missions to the Moon in 2021 and Mars in 2024.

The bottom line – VACQ Rocket Lab merger

In conclusion, the merger looks to provide an exciting new chapter for Rocket Lab and VACQ investors. Furthermore, the funds raised from the transaction will allow for expansion into the space systems and applications market.

The revenue forecasts as discussed suggest strong growth in both the launch and space systems industry. However, investors should tread with caution as many hurdles will need to be cleared by the company due to the nature of its emerging industry.

Lastly, the merger is expected to close sometime shortly after the shareholder meeting scheduled for the 20th August, assuming the merger is approved by VACQ shareholders.

Written by Tyger Fitzpatrick, Founder of Youth Investment Group.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

Joby Aviation stock forecast – what to expect after the RTP merger

Joby Aviation stock forecast – what to expect after the RTP merger

In early February, Reinvent Technology Partners (NYSE: RTP) announced a reverse merger with Joby Aviation. This announcement made waves on Wallstreet, as tech innovator Joby Aviation announced its plans to launch its Air Taxi service in 2024. The aviation company is now listed on the New York Stock Exchange under the ticker NYSE:JOBY.

The funds raised from the transaction will allow Joby Aviation to start commercial operations, including the needed certification of their aircraft and development of manufacturing facilities.

Joby Aviation plans to break into the merging eVTOL industry which is approximately worth upwards of $1 Trillion USD. So what does the future look like for Joby Aviation? Here’s the Joby Aviation stock forecast over the next 5 years.

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Why the hype for Joby Aviation stock?

Firstly, Joby Aviation have been developing a piloted eVTOL over the past decade, with over 1,000 test flights conducted to date. The company is the first to be granted airworthiness approval for an eVTOL aircraft by U.S. Air Force.

Furthermore, Joby Aviations aircraft have been designed in a cost effective manner allowing for an affordable Air Taxi service/platform. The company also has close ties with Toyota in a strategic partnership to assist in manufacturing development alongside its relationship with Uber after acquiring its Uber Elevate division (aerial ride sharing).

Later this year the company expects to begin construction on its 450,000 square foot manufacturing facility.

Joby Aviation stock forecast over the next 5 years

Looking forward, the company expects to begin recognising revenue in 2024 following the commercialisation of their AirTaxi Service. In the first year of commercialisation, Joby expects to record $131 million according to Joby’s investor presentation.

Furthermore, revenue is expected to grow to $721 million in 2025 and reach $2 billion by 2026. By 2026, Joby Aviation expects to have 963 aircraft manufactured.

These aircraft are expected to have a 15 year life span in operation according to the company. The cost per aircraft is expected to be upwards of $1.3 million according to Joby estimates.

Looking into the next 10 years of operations, the company expects to have 14,000 aircraft operating with a revenue of $20 billion. It expects to be operating in 20 different cities and be the leading operator of aerial ride sharing vehicles.

Although these are impressive numbers, investors should review these forecasts with caution as these numbers are only predictions based on all future assumptions being met. Nevertheless, we can see why investors are excited about the future of Joby Aviation stock.

The Bottom Line – Joby Aviation stock forecast

In conclusion, the completed merger looks to provide investors another entry point into the eVTOL industry. Furthermore, the funds raised from the transaction will provide Joby essential capital needed to progress the companies vast expansion plans.

Joby Aviation also have a very strong outlook on revenue and growth. However, investors must tread with caution as the company won’t generate any revenue until 2024 assuming it meets all requirements to commence its Air Taxi service.

All in all, this is an exciting opportunity for both Reinvent Technology and Joby Aviation as they begin a new chapter in the way we travel.

Written by Tyger Fitzpatrick, Founder of Youth Investment Group.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

Subscribe to our Youtube channel here.

We are now official partners with Tradingview

Firstly, Tradingview is a social network of 30 million traders and investors using the world’s best charts and analysis tools to spot opportunity in global markets. You can sign up to Tradingview by clicking the banner below. Tradingview allows you to follow your favorite assets, find trading ideas, chat with others, spot trends, and place trades directly on our charts.

Looking to start trading in Australia or the UK?

Do you live in Australia or the United Kingdom and looking to invest in the US market? Good news! We’ve partnered with Stake. Trade 4,500+ US stocks and ETFs with $0 brokerage and no fx fees per trade. Use our code “YIG” to receive a free stock when funding your new account.

In addition, Stake is one of the leading US trading platforms for Australian and UK investors. Click hereto start trading US stocks with a streamline trading experience. Lastly, for more information on our referral program and how it works click here.

SoFi stock forecast 2025 – Will the stock thrive over the next 5 years?

SoFi stock forecast 2025 – Will the stock thrive over the next 5 years?

Finance giant SoFi (NASDAQ:SOFI) officially began trading on June 1st after the completion of their merger with Chamath Palihapitiya’s SPAC venture (NYSE:IPOE). This merger marks just one of the six SPAC ventures Billionaire owner Chamath is pursuing.

The completed merger raised $2.4 Billion in cash proceeds for SoFi to carry out their expansion strategy in 2021 and beyond. With investors now wondering what the future holds for SoFi, where will Sofi stock be in 5 years time? This article will breakdown everything you need to know about the Sofi stock forecast for 2025.

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Why are investors excited about SoFi’s future on Wallstreet?

Firstly, Social Finance (SoFi) is a next generation financial service provider based in California, United States. The company offers “services in a single app that empowers members to borrow, save, spend, invest and protect their money”. The company now boasts over 2 Million members and expects to generate $980 Million in net revenue this year.

SoFi’s rapid growth is driving high interest from Wallstreet including analysts at Rosenblatt Securities who set a price target of $30 a share. The average 12 month price target from analysts currently sits at $27.50. This represents an upside of 68% from the current trading price.

SOFI Chart by TradingView


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SoFi outperforms in previous quarters

Firstly, the Q1 earnings have shed light on SoFi’s recent financial performance. For example, SoFi generated a net revenue of $216 Million in Q1 2021 which beat guidance by 10.7%.

Analysts are confident that Sofi will continue to deliver strong results for the remainder of the year. Analysts forecast SOFI to generate $981.74 Million for the annual year of 2021.

The historic revenue growth can be attributed to a vastly growing customer base. For example, in the first quarter SoFi reported a 110% increase in members YOY. Furthermore, the company has maintained an average quarterly member growth rate of 67% over the past month.

SoFi forecasts revenue of $3.6 Billion by 2025

An SEC filing suggests the company forecasts its adjusted net revenue to hit $3.6 Billion by 2025. Over the next 5 years, SoFi expects revenue to grow at a CAGR of 43% according to an investor presentation in January.

SOFI also expects business to consumer (B2C Financial services) revenue to grow to $1 Billion by 2025, which is a major step up from its current B2C revenue forecasts of $44 Million for this year.

Lastly, the company expects to generate a positive EBITDA for the first time in 2021. It is worth noting the above forecasts are from SoFi’s investor presentation, which should be treated with due caution as they are based on future variables.

Therefore, we can expect SoFi to continue to update their revenue visibility of cash flows as the company matures.

SOFI stock forecast 2025
SoFi logo on headquarters facade. Social Finance is an online personal finance company – San Francisco, California, USA – 2020

Chamath Palihapitiya sees high profitability in Sofi stock

Investors have seriously rallied behind the SPAC mergers pursued by CEO Chamath Palihapitiya. The general consensus is Social Capital Hedosophia are targeting innovative, high growth companies. This provides investors an opportunity to invest in high growth stocks early, hence driving interest in these companies.

However, the bears argue the slump in other completed mergers by Chamath Palihapitiya including IPOC’s Clover health have failed to deliver on shareholder returns. Hence, this will likely add additional pressure on SoFi to outperform in 2021.

“SoFi’s innovative, member-first platform has demystified financial services for millions of Americans and simplified the process for those looking to apply for loans, invest their money, obtain insurance and refinance their debt, among many other tasks that were previously arcane and needlessly complicated.

Additionally, the acceleration of cross-buying by existing SoFi members has created a virtuous cycle of compounding growth, diversified revenue and high profitability.”

Chamath Palihapitiya, Founder and CEO of Social Capital Hedosophia V,

The Bottom Line – Sofi stock forecast 2025

In conclusion, SoFi has proven to investors they can deliver on strong revenue guidance in recent earnings. In addition, the strong revenue outlook for SoFi is promising and likely a primary driving force in interest across the investor community.

However, we have seen the associated volatility with SPAC companies after merger completion. Therefore, investors should expect to see further volatility as we move through this year.

Written by Tyger Fitzpatrick, Founder of Youth Investment Group.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

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Is the rumoured Polestar merger the next CCIV SPAC opportunity?

Is the rumoured Polestar merger the next CCIV SPAC opportunity?

Last week, rumours circulated that EV maker Polestar were in merger talks with SPAC company Gores Guggenheim Inc (NASDAQ: GGPI). According to a Bloomberg article, the combined company valuation could be upwards of $25 Billion. The rumoured talks could still fall out as no clear deal has been made between the two parties. Nevertheless, speculators jumped on GGPI stock which gained 6% last week. The Volvo backed EV company, generated $645 million in revenue in 2020. In addition, Polestar plans to begin production of their Polestar 3 SUV model next year. This article will breakdown everything investors need to know about the GGPI and Polestar merger.

Key details surrounding rumoured Polestar merger

SPAC Gores Guggenheim Inc (NASDAQ: GGPI) noted in their IPO they look to target a company which may operate in multiple key industries. These include the technology sector, telecommunications and business services. The SPAC raised $800 Million on IPO which included a $50 Million Closing of Over-Allotment. The rumoured valuation of the combined company is estimated at $25 Billion, making it potentially one of the largest SPAC mergers in 2021.

Some investors are now comparing the rumoured talks with the current SPAC merger between Churchill Capital Corp IV (NYSE: CCIV) and Lucid Motors. The CCIV stock has gained 80% over the past 6 months, primarily due to the bullish consensus from retail investors. The rumoured talks with Polestar may just open another opportunity for investors to get in early on a high growth EV SPAC.

Why the talks between Gores Guggenheim and Polestar are a big deal

The rumoured merger is another example of a high growth EV company utilising a SPAC pathway to go public. Furthermore, the majority of the SPAC offerings for EV companies are currently not generating any revenue. However, Polestar generated a total revenue of MSEK 5,540 million ($645 million) in revenue in 2020 based on a Volvo Car group annual report. This is clear advantage for Polestar investors if compared to the Lucid Motors merger, who is yet to begin deliveries.

If the Polestar merger is announced, the transaction will provide the company with capital for further expansion into the EV sector. In the case of Lucid Motors, the company expects to receive $4.4 billion in net proceeds from their merger which is expected to close this month. CCIV initially raised $1.8 Billion at IPO which is triple the initial offering of Gores Guggenheim Inc (NASDAQ: GGPI).

Summarising the rumoured Polestar merger

In summary, the rumoured merger looks an exciting possibility if talks go through. The $25 Billion evaluation and the success of similar SPAC opportunities such as CCIV are encouraging signs for investors. We will continue to update our viewers on the Polestar merger.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

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Tortoise Acquisition II (NYSE:SNPR) closes in on merger with Volta

Tortoise Acquisition II (NYSE:SNPR) closes in on merger with Volta

In February, Volta Industries Inc. announced its intentions to merge with Tortoise Acquisition Corp. II (NYSE:SNPR). The proposed merger will see the combined company list on the New York stock Exchange under the ticker symbol VLTA.

The merger has an implied equity value of over $1.4 Billion and is expected to provide the combined company $600 Million in cash proceeds. The proceeds will help fund and accelerate Volta’s buildout of its charging network already in the pipeline.

With many questions to be answered, this article will breakdown everything investors need to know about the SNPR merger.

Table of contents

Key details of the Volta & SNPR merger

  • Volta’s charging stations benefit brands, consumers, and real-estate locations by providing valuable advertising space to businesses and free charging to drivers.
  • The estimated $600 Million in net proceeds includes a $300 million PIPE investment at $10.00 a share and the remainder of the proceeds is held in the SNPR trust account. The funds will be used to  “accelerate product commercialization, product production, demand generation efforts, operational growth and for general corporate purposes.”
  • The company first disclosed the merger would close sometime in the second quarter of 2021. With June 30 now behind us, investors expect both companies to be close to finalising the merger and announcing a vote date.

“Volta’s unique business model is poised to capture the vast consumer spending shifts that will accompany our society’s shift from carbon to electric,” said Scott Mercer, Founder and CEO of Volta.

What investors need to know about Volta?

Firstly, over the past decade Volta has built a nationwide electric vehicle charging network. The Volta charging stations are among the most used in the United States currently. Volta aims to capitalise on Megatrend tailwinds including electrification, decarbonization, digital media and big data.

The company noted in a February investor presentation that Volta installed 1,507 charging stations in 2020. Furthermore, the company expects to install 3,142 stations this year and 6,492 in 2022. The company also noted the $500 Billion refuelling market will be up for grabs for EV charging companies like Volta as the world transitions to zero carbon.

Financial outlook of Volta Industries

Volta Industries generated $25 Million in revenue last year with majority of the revenue resulting from their charging network segment. Looking ahead, the company expects to generate $47 Million in 2021 and $141 Million in 2022.

By 2025, the company expects to generate $826 Million in revenue with the charging network driving 56% of sales.

In the same year, the company also expects to install 26,242 charging stations. The company noted that Volta’s average 2021-2023 gross margin percentage is 10% higher than EV charging competitors. Overall, the company looks well positioned to benefit from the EV tailwind based on the companies revenue growth outlook.

Summary of the SNPR merger

In summary, the proposed merger between SNPR and Volta is closing in on finalisation. The emerging market that Volta aims to tap into is clearly an exciting prospect for investors.

In particular, the revenue guidance provided by the company highlights the emerging market opportunity. At this stage, investors await a confirmed date for the shareholder vote which will be one of the final steps in the merger.

Overall, SNPR will be one to watch over the next few weeks.

The information above is not financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.

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