SoFi Technologies (NASDAQ:SOFI) Price Target Cut to $15.00 by Analysts at Morgan Stanley

SoFi Technologies (NASDAQ:SOFI) had its price objective reduced by equities research analysts at Morgan Stanley from $16.00 to $15.00 in a report released on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Morgan Stanley’s price objective suggests a potential downside of 7.44% from the company’s previous close.

Several other brokerages also recently commented on SOFI. TD Cowen cut their price target on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating on the stock in a report on Thursday, April 30th. Barclays dropped their target price on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. Weiss Ratings cut SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Stephens decreased their price target on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group boosted their price objective on SoFi Technologies from $17.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $22.67.

SoFi Technologies Price Performance

SOFI stock traded up $0.95 during trading on Thursday, reaching $16.20. The company’s stock had a trading volume of 51,630,820 shares, compared to its average volume of 70,531,781. SoFi Technologies has a 1 year low of $14.88 and a 1 year high of $32.73. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $20.79 billion, a P/E ratio of 36.83 and a beta of 2.14. The company’s fifty day moving average is $17.26 and its 200-day moving average is $18.52.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.11 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The business’s revenue was up 42.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.08 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, research analysts expect that SoFi Technologies will post 0.59 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Anthony Noto purchased 15,545 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $16.00 per share, for a total transaction of $248,720.00. Following the completion of the acquisition, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. This trade represents a 0.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO Jeremy Rishel sold 102,123 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the transaction, the chief technology officer directly owned 895,089 shares in the company, valued at approximately $15,914,682.42. This trade represents a 10.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 135,256 shares of company stock valued at $2,370,822. Corporate insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after acquiring an additional 3,900,895 shares in the last quarter. North Dakota State Investment Board bought a new position in shares of SoFi Technologies in the 4th quarter worth $1,044,000. Brighton Jones LLC lifted its stake in shares of SoFi Technologies by 2.0% during the 4th quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after purchasing an additional 14,281 shares during the last quarter. Friedenthal Financial purchased a new stake in shares of SoFi Technologies during the 4th quarter worth $926,000. Finally, Alberta Investment Management Corp bought a new stake in SoFi Technologies during the fourth quarter valued at about $13,299,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Trending Headlines about SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

• Positive Sentiment: Strong Q2 results and higher revenue outlook support the shares. SoFi reported adjusted earnings of $0.12 per share versus the $0.11 consensus, while revenue rose 42.5% year over year to $1.21 billion, exceeding the $1.11 billion estimate. Record loan originations of $14.8 billion and membership growth of 35% to 15.8 million highlight continued demand. The company raised its 2026 revenue guidance to $4.8 billion-$4.9 billion, above the roughly $4.7 billion analyst consensus. SoFi lifts 2026 revenue forecast
• Positive Sentiment: Product expansion and cross-selling improve the long-term growth case. Management highlighted record member and product additions, with existing customers generating 51% of new products. SoFi is also investing in AI for customer service and productivity, potentially increasing engagement across its financial ecosystem. SOFI Q2 earnings call highlights
• Neutral Sentiment: Options activity indicates elevated speculative interest. Investors purchased about 439,067 SOFI call options, approximately 14% above typical volume. This may reflect bullish dip-buying, but it also signals heightened short-term volatility rather than a change in fundamentals. Investors purchase high volume of SoFi call options
• Negative Sentiment: Wells Fargo lowered its price target. The firm cut its target from $18 to $17 and maintained an Equal Weight rating, suggesting limited upside from recent levels and reinforcing valuation concerns. Wells Fargo analyst action
• Negative Sentiment: Investors remain concerned about profitability and execution. Despite the earnings beat, SoFi’s unchanged 2026 EPS guidance and continued investment in growth have raised questions about future margins. Uncertainty over U.S. interest rates and credit performance adds further pressure. A pre-arranged sale of 10,954 shares by EVP Kelli Keough is a minor additional overhang. SoFi insider selling

About SoFi Technologies

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.