SoFi Technologies, Inc. (NASDAQ:SOFI) Stock Has Consensus Target Price of $22.20 According to Analysts

Key Points

• Analyst consensus is “Hold”: Of 24 analysts covering SoFi, 11 recommend holding, nine recommend buying, three recommend selling, and one rates it a strong buy. The average 12-month price target is $22.20 versus a recent share price of $15.09.
• Recent financial results exceeded expectations: SoFi reported quarterly EPS of $0.12 versus the $0.11 consensus estimate and revenue of $1.21 billion, up 42.5% year over year and above analysts’ $1.11 billion forecast.
• Institutional interest is substantial, but insiders have been selling: Institutional investors own 38.43% of the stock, with BlackRock acquiring a stake valued at approximately $1.30 billion. Insiders sold 51,067 shares worth about $890,716 during the last quarter, primarily through pre-arranged trading plans.

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty-four analysts that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $22.20.

A number of brokerages have issued reports on SOFI. Benchmark upgraded SoFi Technologies to a "strong-buy" rating in a research report on Monday. Truist Financial raised their price target on SoFi Technologies from $18.00 to $19.00 and gave the company a "hold" rating in a report on Wednesday, August 12th. Wells Fargo & Company lowered their price target on SoFi Technologies from $18.00 to $17.00 and set an "equal weight" rating on the stock in a report on Thursday, July 30th. Mizuho cut their price objective on shares of SoFi Technologies from $29.00 to $22.00 and set an "outperform" rating on the stock in a research note on Friday, July 31st. Finally, TD Cowen cut their price objective on shares of SoFi Technologies from $18.00 to $17.50 and set a "hold" rating on the stock in a research note on Tuesday, October 6th.

Insider Transactions at SoFi Technologies

In other news, CTO Jeremy Rishel sold 18,624 shares of the company's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $17.50, for a total value of $325,920.00. Following the completion of the sale, the chief technology officer directly owned 912,650 shares of the company's stock, valued at approximately $15,971,375. This represents a 2.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 directly owned 356,442 shares of the company's stock, valued at approximately $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,067 shares of company stock valued at $890,716 in the last quarter. 2.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SoFi Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of SoFi Technologies during the 2nd quarter valued at $1,298,925,000. Bank of America Corp DE bought a new stake in shares of SoFi Technologies during the 2nd quarter worth $163,808,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of SoFi Technologies in the 2nd quarter worth $93,937,000. Bank of New York Mellon Corp acquired a new position in shares of SoFi Technologies in the 2nd quarter worth $72,531,000. Finally, Legal & General Group Plc acquired a new position in shares of SoFi Technologies in the 2nd quarter worth $64,706,000. Institutional investors own 38.43% of the company's stock.

SoFi Technologies Stock Performance

SOFI opened at $15.09 on Friday. 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 business's 50 day moving average is $17.17 and its 200-day moving average is $17.12. The stock has a market cap of $19.49 billion, a PE ratio of 31.44, a price-to-earnings-growth ratio of 0.83 and a beta of 2.33. SoFi Technologies has a twelve month low of $13.86 and a twelve month high of $32.73.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company 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 0.60 earnings per share for the current year.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: Analyst upgrades and valuation support: StoneX initiated coverage with a Buy rating, while Benchmark upgraded SoFi to “strong-buy.” Analysts cited the stock’s significant 2026 pullback and potentially attractive valuation. StoneX initiates coverage of SoFi Technologies at buy
• Positive Sentiment: Strong operating momentum supports the long-term case: SoFi reportedly delivered record loan originations, deposits, and member growth. One Wall Street analyst believes the shares could potentially double in 2027, though substantial execution and market risks remain. SoFi Technologies Imploded in 2026
• Neutral Sentiment: Elevated options activity: Traders bought approximately 451,283 call options, about 26% above typical volume. The activity indicates heightened investor interest and may reflect short-term bullish positioning, but it does not guarantee sustained buying in the shares.
• Neutral Sentiment: Technical rebound may be fragile: A market signal highlighted that SoFi’s rallies have historically struggled when call-option positioning dominates, raising the possibility that the latest recovery is only a temporary “dead cat bounce.” SOFI Rally Could Be a Dead Cat Bounce, Per Signal
• Negative Sentiment: Higher rates are pressuring fintech stocks: Rising long-term yields have weighed on SoFi and tightened lending spreads, offsetting the positive effect of the StoneX upgrade. Inflation concerns could keep borrowing costs elevated and limit near-term upside. SoFi Falls Despite StoneX Buy Initiation

SoFi Technologies Company Profile

SoFi Technologies, Inc is a financial technology company that provides digital financial services through its SoFi platform. Founded in 2011 as a student-loan refinancing business, the company has expanded into a broader digital banking and personal-finance provider serving consumers primarily in the United States.

SoFi offers products including personal loans, student-loan refinancing, home loans, checking and savings accounts, credit cards, investment accounts, and financial-planning tools.

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