Needham & Company LLC Cuts SoFi Technologies (NASDAQ:SOFI) Price Target to $33.00

SoFi Technologies (NASDAQ:SOFI) had its price objective decreased by Needham & Company LLC from $36.00 to $33.00 in a research note published on Monday morning, MarketBeat.com reports. Needham & Company LLC currently has a buy rating on the stock.

SOFI has been the subject of a number of other reports. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. JPMorgan Chase & Co. boosted their target price on shares of SoFi Technologies from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Truist Financial cut their target price on shares of SoFi Technologies from $31.00 to $28.00 and set a “hold” rating for the company in a research note on Tuesday, November 25th. Barclays lifted their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Finally, Keefe, Bruyette & Woods upped their price target on SoFi Technologies from $18.00 to $20.00 and gave the company an “underperform” rating in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $25.44.

SoFi Technologies Stock Performance

SOFI opened at $20.75 on Monday. The business has a 50 day moving average price of $26.56 and a two-hundred day moving average price of $26.31. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.80 and a quick ratio of 0.16. The company has a market capitalization of $25.02 billion, a price-to-earnings ratio of 54.61, a price-to-earnings-growth ratio of 1.33 and a beta of 2.13. SoFi Technologies has a 1-year low of $8.60 and a 1-year high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings data on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. SoFi Technologies had a return on equity of 6.48% and a net margin of 13.34%.The company’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts predict that SoFi Technologies will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In other SoFi Technologies news, EVP Kelli Keough sold 10,340 shares of SoFi Technologies stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $26.43, for a total transaction of $273,286.20. Following the transaction, the executive vice president directly owned 265,034 shares in the company, valued at approximately $7,004,848.62. The trade was a 3.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Jeremy Rishel sold 91,837 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the sale, the chief technology officer directly owned 794,598 shares in the company, valued at approximately $21,168,090.72. This trade represents a 10.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 167,245 shares of company stock valued at $4,362,815. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

Several hedge funds have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of SoFi Technologies by 12.5% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,879,959 shares of the company’s stock worth $88,864,000 after purchasing an additional 540,610 shares during the period. Blair William & Co. IL increased its stake in SoFi Technologies by 443.9% in the 2nd quarter. Blair William & Co. IL now owns 335,698 shares of the company’s stock valued at $6,113,000 after buying an additional 273,972 shares during the period. Vestmark Advisory Solutions Inc. acquired a new position in SoFi Technologies in the 2nd quarter valued at approximately $209,000. Quantbot Technologies LP purchased a new stake in SoFi Technologies in the 2nd quarter worth approximately $25,699,000. Finally, Marex Group plc acquired a new stake in shares of SoFi Technologies during the 2nd quarter valued at $11,179,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

More SoFi Technologies News

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

• Positive Sentiment: J.P. Morgan upgraded SOFI to Overweight and set a $31 price target, citing “undeniable momentum” — the upgrade is driving some buy-side interest and frames the stock as having sizable upside from current levels. SoFi upgraded to Overweight at J.P. Morgan on ‘undeniable’ momentum
• Positive Sentiment: Coverage highlighting fundamental catalysts — including SoFi’s first billion-dollar revenue quarter and its push into crypto payments — supports a constructive narrative that could underpin longer-term multiple expansion. Assessing SoFi Technologies (SOFI) Valuation After Its First Billion Dollar Quarter And Crypto Payment Push
• Positive Sentiment: Macro/sector tailwinds for fintech (AI, blockchain, digital payments) are being cited as durable demand drivers for companies like SoFi, which could support re-rating if execution continues. Fintech Stocks Offer a Resilient Path Toward Sustainable Returns
• Neutral Sentiment: Analyst and media coverage is encouraging investors to keep SOFI on watchlists as a growth fintech play; this increases visibility but doesn’t guarantee short-term directional moves. SoFi Technologies (NASDAQ:SOFI) Fintech Stock For Watchlists Tracking Innovation In Finance
• Neutral Sentiment: Analytical pieces assessing valuation after the recent quarter provide context for both bulls and bears — they highlight the beat and guidance but note the premium multiple, leaving the impact dependent on next-quarter execution. What Catalysts Are Recasting The Narrative For SoFi Technologies (SOFI)?
• Negative Sentiment: A recent 8-day decline removed roughly $5.4B of market value and signals near-term selling pressure — momentum-driven outflows and profit-taking appear to be behind the short-term weakness. What’s Happening With SOFI Stock
• Negative Sentiment: Needham lowered expectations for SoFi’s stock price, adding analyst-side caution that can pressure sentiment and amplify selling when volume spikes. Needham & Company LLC Has Lowered Expectations for SoFi Technologies (NASDAQ:SOFI) Stock Price

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.