SoFi Technologies (SOFI) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of SoFi Technologies (NASDAQ: SOFI) in the last few weeks:

• 8/17/2026 – SoFi Technologies is now covered by Piper Sandler. They set an “overweight” rating and a $22.00 price target on the stock.
• 8/17/2026 – SoFi Technologies is now covered by Piper Sandler. They set an “overweight” rating and a $22.00 price target on the stock.
• 8/12/2026 – SoFi Technologies had its price target raised by Truist Financial Corporation from $18.00 to $19.00. They now have a “hold” rating on the stock.
• 8/11/2026 – SoFi Technologies was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 7/31/2026 – SoFi Technologies had its price target lowered by Mizuho from $29.00 to $22.00. They now have an “outperform” rating on the stock.
• 7/30/2026 – SoFi Technologies had its price target lowered by Needham & Company LLC from $25.00 to $24.00. They now have a “buy” rating on the stock.
• 7/30/2026 – SoFi Technologies had its price target lowered by Morgan Stanley from $16.00 to $15.00. They now have an “underweight” rating on the stock.
• 7/30/2026 – SoFi Technologies had its price target lowered by Wells Fargo & Company from $18.00 to $17.00. They now have an “equal weight” rating on the stock.
• 7/24/2026 – SoFi Technologies had its price target raised by Truist Financial Corporation from $17.00 to $18.00. They now have a “hold” rating on the stock.
• 7/9/2026 – SoFi Technologies had its price target raised by The Goldman Sachs Group, Inc. from $17.00 to $21.00. They now have a “neutral” rating on the stock.

Insider Buying and Selling

In other news, EVP Kelli Keough sold 11,286 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the sale, the executive vice president owned 356,442 shares in the company, valued at $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the stock in a transaction 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 sale, the chief technology officer directly owned 895,089 shares of the company’s stock, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last three months, insiders sold 136,505 shares of company stock worth $2,418,096. Corporate insiders own 2.50% of the company’s stock.

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.