SoFi Technologies, Inc. (NASDAQ:SOFI) Receives $22.38 Average PT from Brokerages

SoFi Technologies, Inc. (NASDAQ:SOFI) has been given a consensus recommendation of “Hold” by the twenty ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $22.3824.

Several research firms have weighed in on SOFI. Truist Financial lifted their target price on SoFi Technologies from $17.00 to $18.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Needham & Company LLC reduced their price target on shares of SoFi Technologies from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Argus began coverage on shares of SoFi Technologies in a report on Wednesday, April 15th. They set a “hold” rating for the company. Stephens lowered their price objective on shares of SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research note on Thursday, April 9th.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $18.70 on Friday. SoFi Technologies has a 1-year low of $14.88 and a 1-year high of $32.73. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $23.99 billion, a price-to-earnings ratio of 38.96 and a beta of 2.17. The stock’s fifty day simple moving average is $17.39 and its 200-day simple moving average is $18.25.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. SoFi Technologies had a return on equity of 6.39% and a net margin of 14.78%.SoFi Technologies’s quarterly revenue was up 42.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, sell-side analysts predict that SoFi Technologies will post 0.61 earnings per share for the current fiscal year.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi reported record second-quarter performance, including approximately $1.22 billion in revenue, roughly $157 million in net income and a 50% year-over-year increase in earnings. Loan originations reached a record $14.8 billion, while membership increased to 15.8 million and total products reached 24.4 million. SoFi Technologies gains as investors focus on raised 2026 outlook and another record quarter
• Positive Sentiment: Management raised 2026 adjusted revenue guidance to $4.75 billion-$4.85 billion. Strong cross-selling—with more than half of new products opened by existing members—could improve customer lifetime value and support longer-term growth. SoFi’s Next Rally Depends On One Missing Ingredient
• Positive Sentiment: Some investors argue that the market is overestimating credit risk and undervaluing SoFi’s expanding financial-services platform, which increasingly converts members into multiple product relationships. SOFI Stock Got Hit With Price-Target Cuts After Q2 Earnings
• Neutral Sentiment: Institutional positioning was mixed: 474 investors added shares in the latest quarter, while 452 reduced holdings. Several large firms increased positions, but some major quantitative investors cut exposure.
• Neutral Sentiment: Analyst targets remain dispersed, with a reported median of $21 and recent targets ranging from $17 to $30, indicating meaningful disagreement about SoFi’s growth, credit and valuation outlook.
• Negative Sentiment: Wall Street remains cautious despite the stock’s decline from its 52-week high. Mizuho reportedly lowered its price target to $22, while other post-earnings target reductions have reinforced concerns about valuation and execution. SoFi Stock Sinks 50%, But Most Analysts Still Aren’t Bullish
• Negative Sentiment: Technology Platform revenue rose sequentially but remained down 23% year over year, while Galileo margins continued deteriorating. Management kept EBITDA and earnings guidance unchanged, suggesting that higher revenue may be reinvested rather than flow through immediately to profits. SoFi’s Next Rally Depends On One Missing Ingredient

Insider Buying and Selling at SoFi Technologies

In other news, EVP Kelli Keough sold 10,954 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $17.19, for a total value of $188,299.26. Following the transaction, the executive vice president directly owned 367,728 shares of the company’s stock, valued at approximately $6,321,244.32. This represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Noto acquired 15,545 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $16.00 per share, with a total value 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 $191,145,904. This represents a 0.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 135,256 shares of company stock valued at $2,370,822 in the last quarter. Company insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SOFI. Norges Bank purchased a new stake in shares of SoFi Technologies during the 4th quarter worth about $321,515,000. State Street Corp lifted its holdings in shares of SoFi Technologies by 30.7% during the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company’s stock valued at $642,019,000 after buying an additional 5,708,053 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of SoFi Technologies by 372.9% during the 4th quarter. Marshall Wace LLP now owns 6,650,744 shares of the company’s stock valued at $174,116,000 after buying an additional 5,244,291 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of SoFi Technologies by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after buying an additional 3,900,895 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of SoFi Technologies by 33.6% in the 4th quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock valued at $348,806,000 after buying an additional 3,350,258 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.