SoFi Technologies (SOFI) Stock Forecast & Price Target

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$7.14

+0.02 (+0.28%)

(As of 12:40 PM ET)

SoFi Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$9.08
27.22% Upside

High Forecast	$14.00
Average Forecast	$9.08
Low Forecast	$3.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	6 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	10 Hold rating(s)	5 Hold rating(s)
Sell	3 Sell rating(s)	4 Sell rating(s)	3 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$9.08	$8.78	$8.85	$8.00
Predicted Upside	27.22% Upside	5.20% Upside	7.51% Upside	31.53% Upside

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SOFI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SOFI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

SoFi Technologies Stock vs. The Competition

Type	SoFi Technologies	Business Services Companies	S&P 500
Consensus Rating Score	2.16	2.63	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	27.57% Upside	267.23% Upside	11.23% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$11.00	+44.36%
4/5/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform	$6.50 ➝ $7.50	+2.60%
4/3/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$10.00	+38.89%
3/26/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$15.00 ➝ $12.00	+65.29%
3/6/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Chiaverini Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Underperform ➝ Underperform	$3.00	-59.68%
1/31/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Underweight	$7.00 ➝ $6.50	-22.62%
Get the Latest News and Ratings for SOFI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for SoFi Technologies and its competitors with MarketBeat's FREE daily newsletter.
1/30/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$7.00 ➝ $8.00	-12.66%
1/18/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$15.00 ➝ $12.00	+64.61%
1/10/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$11.00	+32.21%
11/17/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$9.00 ➝ $8.50	+24.63%
11/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$8.00	+6.95%
10/31/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$16.00 ➝ $14.00	+90.48%
10/20/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$7.00	-8.26%
10/5/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$11.50 ➝ $10.00	+33.87%
8/22/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$8.00 ➝ $10.00	+20.63%
7/31/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$14.00 ➝ $13.00	+13.54%
7/24/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$7.00	-25.93%
6/22/2023	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$5.00	-41.11%
6/15/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:55 PM ET.

SOFI Price Target - Frequently Asked Questions

What is SoFi Technologies's consensus rating and price target?: According to the issued ratings of 19 analysts in the last year, the consensus rating for SoFi Technologies stock is Hold based on the current 3 sell ratings, 10 hold ratings and 6 buy ratings for SOFI. The average twelve-month price prediction for SoFi Technologies is $9.08 with a high price target of $14.00 and a low price target of $3.00. Learn more on SOFI's analyst rating history.
Do Wall Street analysts like SoFi Technologies more than its competitors?: Analysts like SoFi Technologies less than other Business Services companies. The consensus rating for SoFi Technologies is Hold while the average consensus rating for business services companies is Moderate Buy. Learn more on how SOFI compares to other companies.
Is SoFi Technologies being upgraded by Wall Street analysts?: Over the previous 90 days, SoFi Technologies's stock had 1 upgrade by analysts.

Does SoFi Technologies's stock price have much upside?: According to analysts, SoFi Technologies's stock has a predicted upside of 11.67% based on their 12-month stock forecasts.
What analysts cover SoFi Technologies?: SoFi Technologies has been rated by Citigroup, Jefferies Financial Group, Keefe, Bruyette & Woods, Mizuho, Morgan Stanley, Needham & Company LLC, The Goldman Sachs Group, and Wedbush in the past 90 days.

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This page (NASDAQ:SOFI) was last updated on 4/16/2024 by MarketBeat.com Staff

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SoFi Technologies (SOFI) Stock Forecast & Price Target

SoFi Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

SOFI Analyst Ratings By Month

SOFI Price Targets by Month

SoFi Technologies Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

SOFI Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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