SoFi Technologies, Inc. (NASDAQ:SOFI) Receives $26.34 Average Price Target from Brokerages

SoFi Technologies, Inc. (NASDAQ:SOFI) has been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $26.3438.

SOFI has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective for the company in a research report on Tuesday, February 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. The Goldman Sachs Group reduced their price target 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. Barclays raised their price objective on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Finally, Citizens Jmp raised SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a research report on Monday, February 9th.

SoFi Technologies Price Performance

Shares of NASDAQ:SOFI opened at $18.79 on Thursday. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $23.96 billion, a PE ratio of 49.45 and a beta of 2.21. The firm’s 50 day moving average price is $22.79 and its 200-day moving average price is $25.86. SoFi Technologies has a twelve month low of $8.60 and a twelve month high of $32.73.

SoFi Technologies (NASDAQ:SOFI) 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 net margin of 13.34% and a return on equity of 5.88%. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. During the same period in the previous year, the business posted $0.05 earnings per share. The firm’s quarterly 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 expect that SoFi Technologies will post 0.26 EPS for the current year.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $18.87, for a total transaction of $184,076.85. Following the sale, the executive vice president owned 293,725 shares in the company, valued at approximately $5,542,590.75. This trade represents a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Eric Schuppenhauer purchased 5,000 shares of the stock in a transaction on Thursday, February 5th. The shares were purchased at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the acquisition, the executive vice president directly owned 228,768 shares of the company’s stock, valued at approximately $4,559,346.24. This represents a 2.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 214,753 shares of company stock worth $5,045,087 in the last 90 days. Insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in shares of SoFi Technologies in the fourth quarter worth about $321,515,000. Vanguard Group Inc. lifted its holdings in SoFi Technologies by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock worth $2,829,640,000 after purchasing an additional 6,814,727 shares in the last quarter. Quadrature Capital Ltd purchased a new position in SoFi Technologies in the 2nd quarter worth approximately $115,188,000. State Street Corp boosted its stake in SoFi Technologies by 30.7% in the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company’s stock worth $642,019,000 after purchasing an additional 5,708,053 shares during the period. Finally, Marshall Wace LLP boosted its stake in SoFi Technologies by 372.9% in the 4th quarter. Marshall Wace LLP now owns 6,650,744 shares of the company’s stock worth $174,116,000 after purchasing an additional 5,244,291 shares during the period. Institutional investors own 38.43% of the company’s stock.

About SoFi Technologies

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.