SoFi Technologies, Inc. (NASDAQ:SOFI) Stock Has Consensus Target Price of $22.52 According to Analysts

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) have earned a consensus recommendation of “Hold” from the twenty-three analysts that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $22.52.

Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their price target on shares of SoFi Technologies from $17.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Piper Sandler assumed coverage on SoFi Technologies in a research note on Monday, August 17th. They set an “overweight” rating and a $22.00 price objective for the company. Loop Capital initiated coverage on SoFi Technologies in a report on Tuesday, September 8th. They issued a “hold” rating and a $22.00 price objective for the company. Truist Financial boosted their price objective on SoFi Technologies from $18.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, August 12th. Finally, Wells Fargo & Company lowered their target price on SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th.

SoFi Technologies Stock Performance

Shares of NASDAQ SOFI opened at $16.58 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. SoFi Technologies has a 12 month low of $14.88 and a 12 month high of $32.73. The company has a 50 day simple moving average of $17.60 and a two-hundred day simple moving average of $17.28. The stock has a market cap of $21.41 billion, a price-to-earnings ratio of 34.54, a PEG ratio of 1.38 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the prior year, the business earned $0.08 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that SoFi Technologies will post 0.6 earnings per share for the current year.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: SoFi’s broader “everything app” strategy continues to attract bullish attention. The company has expanded beyond lending into banking, credit cards, investing and financial technology infrastructure, while operating metrics cited in recent commentary suggest customer and product growth remains healthy. SoFi Built a Bank, a Card Program, and a Stablecoin
• Positive Sentiment: Recent bullish articles argue that the selloff has created a potential buying opportunity before earnings. SoFi’s latest quarterly results showed 42.5% year-over-year revenue growth, $1.21 billion in revenue and adjusted earnings above expectations, supporting the case for continued operating momentum. Should You Buy SoFi Stock Before October 27?
• Positive Sentiment: SoFi’s partnership with Mastercard to settle card transactions using its dollar-backed SoFiUSD stablecoin could eventually support fee revenue, cross-border payments and remittances. However, the financial impact has not yet been quantified.
• Neutral Sentiment: Investor sentiment remains mixed. The consensus rating is Hold, with a reported average price target of $22.52 versus shares near $16.58, while analysts differ significantly on the company’s valuation and execution prospects.
• Neutral Sentiment: Reports on short interest are contradictory: one article describes elevated short interest, while another lists zero shares short. The inconsistency limits the usefulness of short-interest data as a near-term trading signal.
• Negative Sentiment: SoFi has participated in a broader selloff in consumer-lending stocks, suggesting concerns about credit risk, borrowing demand and sector valuation rather than company-specific news alone. Consumer Lending Stocks Slide
• Negative Sentiment: Chief Technology Officer Jeremy Rishel and EVP Kelli Keough sold shares worth approximately $326,000 and $173,000, respectively. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing—but not eliminating—their negative signaling value. Kelli Keough Insider Sale

Insider Activity at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 18,624 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $17.50, for a total value of $325,920.00. Following the sale, the chief technology officer owned 912,650 shares in the company, valued at approximately $15,971,375. This represents a 2.00% decrease in their position. The transaction was disclosed in a document filed 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 firm’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 sale, the executive vice president directly owned 356,442 shares in the company, valued at $6,415,956. The trade was a 3.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 51,067 shares of company stock valued at $890,716. 2.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On SoFi Technologies

Several large investors have recently made changes to their positions in SOFI. BlackRock Inc. purchased a new stake in shares of SoFi Technologies during the 2nd quarter worth about $1,298,925,000. Norges Bank purchased a new position in shares of SoFi Technologies in the 4th quarter valued at about $321,515,000. Bank of America Corp DE purchased a new position in shares of SoFi Technologies in the 2nd quarter valued at about $163,808,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of SoFi Technologies in the 2nd quarter valued at about $93,937,000. Finally, Bank of New York Mellon Corp acquired a new position in SoFi Technologies in the 2nd quarter worth about $72,531,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

About SoFi Technologies

SoFi Technologies, Inc is a financial technology company that provides digital financial services to consumers in the United States. The company began in 2011 as a platform focused on student loan refinancing and has expanded into a broader range of lending, banking and investment products.

Through its SoFi platform, the company offers personal loans, student loans, home loans, checking and savings accounts, credit cards, brokerage and investing services, and financial planning tools. Its products are primarily delivered through digital channels, including its website and mobile applications.

SoFi also operates a technology platform business through Galileo Financial Technologies and Technisys, which provide payment, account-management and other financial infrastructure to banks, fintech companies and other businesses.