SoFi Technologies, Inc. (NASDAQ:SOFI) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on SoFi Technologies, with three sell, ten hold and eight buy recommendations. The average 12-month price target is $22.42, above the recent share price, although several firms recently lowered their targets.
• SoFi reported strong quarterly results, including 42.5% year-over-year revenue growth to $1.21 billion and adjusted EPS of $0.12, beating expectations of $1.11 billion in revenue and $0.11 EPS.
• Insiders sold 136,505 shares worth approximately $2.42 million over the past 90 days, primarily through pre-arranged Rule 10b5-1 plans. Institutional investors own 38.43% of the company, while valuation and the stock’s high volatility remain risks.

SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) has received a consensus rating of "Hold" from the twenty-one analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $22.4167.

A number of research firms recently issued reports on SOFI. Mizuho decreased their price objective on SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating on the stock in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $18.00 target price on shares of SoFi Technologies in a research note on Thursday, April 30th. TD Cowen reduced their target price on SoFi Technologies from $24.00 to $18.00 and set a "hold" rating for the company in a report on Thursday, April 30th. Morgan Stanley decreased their price target on SoFi Technologies from $16.00 to $15.00 and set an "underweight" rating on the stock in a research report on Thursday, July 30th. Finally, Needham & Company LLC lowered their price target on shares of SoFi Technologies from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, July 30th.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 102,123 shares of the company's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the sale, the chief technology officer owned 895,089 shares of the company's stock, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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. Also, EVP Kelli Keough sold 11,286 shares of the 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 136,505 shares of company stock worth $2,418,096 in the last ninety days. 2.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SoFi Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Valley Wealth Managers Inc. bought a new stake in SoFi Technologies during the fourth quarter worth about $25,000. Vermillion Wealth Management Inc. raised its holdings in shares of SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock valued at $26,000 after buying an additional 739 shares in the last quarter. Reflection Asset Management purchased a new position in shares of SoFi Technologies during the 4th quarter valued at about $28,000. Raiffeisen Bank International AG bought a new stake in SoFi Technologies in the 4th quarter worth approximately $34,000. Finally, American Capital Advisory LLC lifted its position in SoFi Technologies by 456.7% in the 4th quarter. American Capital Advisory LLC now owns 1,297 shares of the company's stock worth $34,000 after buying an additional 1,064 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company's stock.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi’s broader fintech strategy is attracting investors, with the company increasingly positioned as an integrated “everything app” spanning lending, deposits, investing and financial technology services. SoFi Technologies Jumps As Fintech Story Expands
• Positive Sentiment: Analysts and investors remain encouraged by steady revenue and earnings growth. SoFi has exceeded or met expectations for 11 consecutive quarters, while its latest results showed revenue growth of 42.5% year over year and EPS above consensus. SoFi: The Everything App Thesis Is Playing Out
• Positive Sentiment: The SoFiUSD stablecoin initiative is moving toward real-world payments, including 24/7 transfers and an initial $300 million liquidity pool. The announcement has linked SOFI to renewed investor interest in stablecoins and digital-asset infrastructure. SoFi Technologies Stablecoin Push
• Positive Sentiment: SOFI recently outperformed the broader financial sector, with technical momentum improving as shares moved back above their 50-day and 200-day trend lines. Sofi Stock Is Trending: A Key Level Just Came Into Play
• Neutral Sentiment: Reported short interest was zero shares, indicating no meaningful short-position data to provide an additional bullish or bearish signal.
• Neutral Sentiment: Analyst sentiment is mixed: the consensus rating is “Hold,” but the average price target of $22.42 remains above recent trading levels. Piper Sandler initiated coverage with an “Overweight” rating and a $22 target.
• Negative Sentiment: Executive Vice President Kelli Keough sold 11,286 shares worth approximately $203,000. The transaction was made under a pre-arranged Rule 10b5-1 plan and represents only a modest reduction in her holdings, limiting its significance but still creating a minor overhang. Kelli Keough Sells SoFi Shares
• Negative Sentiment: Valuation risk remains: SOFI trades at roughly 23 times forward earnings and has a high beta, leaving the stock sensitive to profit-taking, interest-rate expectations and execution risk surrounding new products.

SoFi Technologies Stock Down 0.8%

SoFi Technologies stock opened at $18.84 on Thursday. SoFi Technologies has a 1-year low of $14.88 and a 1-year high of $32.73. The firm has a market capitalization of $24.33 billion, a price-to-earnings ratio of 39.25 and a beta of 2.17. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. The firm has a 50 day simple moving average of $17.81 and a 200 day simple moving average of $17.57.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The business had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the previous year, the firm posted $0.08 EPS. The business's revenue for the quarter was up 42.5% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, analysts predict that SoFi Technologies will post 0.61 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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