SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $33.00 at Needham & Company LLC

SoFi Technologies (NASDAQ:SOFI) had its price objective cut by investment analysts at Needham & Company LLC from $36.00 to $33.00 in a report issued on Monday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target would suggest a potential upside of 44.67% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group reissued a “buy” rating and set a $35.00 price objective on shares of SoFi Technologies in a research note on Tuesday, October 28th. Mizuho set a $38.00 price objective on shares of SoFi Technologies in a research report on Thursday, October 30th. Bank of America began coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 target price on the stock. The Goldman Sachs Group cut their price target on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of SoFi Technologies from $18.00 to $20.00 and gave the company an “underperform” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.32.

SoFi Technologies Price Performance

SoFi Technologies stock opened at $22.81 on Monday. SoFi Technologies has a 52-week low of $8.60 and a 52-week high of $32.73. The firm has a market capitalization of $27.51 billion, a price-to-earnings ratio of 60.03, a PEG ratio of 1.41 and a beta of 2.13. The company has a fifty day simple moving average of $26.95 and a 200-day simple moving average of $26.35. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 6.48%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same period last year, the firm posted $0.05 earnings per share. The company’s revenue for the quarter was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, equities analysts anticipate that SoFi Technologies will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In other SoFi Technologies news, CTO Jeremy Rishel sold 91,837 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the sale, the chief technology officer directly owned 794,598 shares of the company’s stock, valued at approximately $21,168,090.72. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Arun Pinto sold 46,132 shares of SoFi Technologies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $24.76, for a total transaction of $1,142,228.32. Following the sale, the insider directly owned 138,396 shares of the company’s stock, valued at approximately $3,426,684.96. This trade represents a 25.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 167,245 shares of company stock worth $4,362,815. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SOFI. Blue Trust Inc. lifted its stake in shares of SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after acquiring an additional 878 shares during the period. Central Pacific Bank Trust Division acquired a new position in SoFi Technologies during the 4th quarter worth approximately $28,000. Salomon & Ludwin LLC purchased a new stake in shares of SoFi Technologies in the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SoFi Technologies during the fourth quarter worth $29,000. Finally, SJS Investment Consulting Inc. boosted its position in shares of SoFi Technologies by 840.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

SoFi Technologies Company Profile

SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.

SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.