SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $17.00 at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods cut its price target on SoFi to $17 from $20 and kept an “underperform” rating, implying only about a 3.1% upside from the prior close.
• Multiple other brokers have trimmed targets recently (e.g., Needham, Truist, Goldman), and the consensus among analysts is a “Hold” with an average price target of $25.15 (7 Buy / 9 Hold / 3 Sell).
• SoFi shares trade near $16.49 after a quarter with revenue of $1.01B (+39.6% YoY) and an EPS beat, while insiders have been net sellers recently (218,148 shares sold vs. 38,900 bought in the last three months).

SoFi Technologies (NASDAQ:SOFI - Get Free Report) had its target price decreased by analysts at Keefe, Bruyette & Woods from $20.00 to $17.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an "underperform" rating on the stock. Keefe, Bruyette & Woods' target price indicates a potential upside of 3.09% from the company's previous close.

Several other brokerages have also issued reports on SOFI. Needham & Company LLC decreased their target price on SoFi Technologies from $36.00 to $33.00 and set a "buy" rating for the company in a research report on Monday, February 2nd. Truist Financial decreased their target price on SoFi Technologies from $28.00 to $21.00 and set a "hold" rating for the company in a research report on Wednesday, February 18th. The Goldman Sachs Group decreased their target price on SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating for the company in a research report on Tuesday, January 6th. Citizens Jmp raised SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 target price for the company in a research report on Monday, February 9th. Finally, Wells Fargo & Company started coverage on SoFi Technologies in a research note on Thursday, March 19th. They set an "equal weight" rating and a $19.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $25.15.

SoFi Technologies Trading Up 2.4%

Shares of SoFi Technologies stock opened at $16.49 on Thursday. SoFi Technologies has a 1 year low of $9.31 and a 1 year high of $32.73. The firm has a market cap of $21.03 billion, a PE ratio of 43.40 and a beta of 2.24. The stock has a fifty day moving average price of $18.48 and a 200-day moving average price of $24.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. During the same period last year, the firm posted $0.05 EPS. The business's revenue was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Equities research analysts anticipate that SoFi Technologies will post 0.26 EPS for the current year.

Insider Activity at SoFi Technologies

In other news, Director Steven J. Freiberg sold 94,225 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the completion of the transaction, the director owned 588,849 shares in the company, valued at approximately $11,959,523.19. This represents a 13.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Robert S. Lavet purchased 5,000 shares of the business's stock in a transaction dated Friday, February 6th. The shares were purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the purchase, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. This trade represents a 41.08% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 218,148 shares worth $4,161,735. 2.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SOFI. Valley Wealth Managers Inc. bought a new position in SoFi Technologies in the 4th quarter worth about $25,000. Blue Trust Inc. boosted its stake in SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company's stock worth $26,000 after purchasing an additional 878 shares during the period. Vermillion Wealth Management Inc. boosted its stake in SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company's stock worth $26,000 after purchasing an additional 739 shares during the period. Central Pacific Bank Trust Division bought a new position in SoFi Technologies in the 4th quarter worth about $28,000. Finally, Reflection Asset Management bought a new position in SoFi Technologies in the 4th quarter worth about $28,000. 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.

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