SoFi Technologies, Inc. (NASDAQ:SOFI) Stock Has Consensus Price Target of $22.20

SoFi Technologies, Inc. (NASDAQ:SOFI) has been given a consensus rating of “Hold” by the twenty-five analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $22.20.

Several analysts recently commented on SOFI shares. The Goldman Sachs Group set a $15.00 price target on SoFi Technologies in a research note on Tuesday, October 13th. Stonex Financia upgraded SoFi Technologies to a “strong-buy” rating in a research report on Monday, October 12th. Truist Financial upped their price target on SoFi Technologies from $18.00 to $19.00 and gave the company a “hold” rating in a research report on Wednesday, August 12th. Piper Sandler started 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. Finally, TD Cowen cut their price objective on SoFi Technologies from $18.00 to $17.50 and set a “hold” rating for the company in a report on Tuesday, October 6th.

Insider Activity

In other news, EVP Kelli Keough sold 10,203 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $16.99, for a total value of $173,348.97. Following the sale, the executive vice president owned 408,073 shares of the company’s stock, valued at approximately $6,933,160.27. This represents a 2.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 18,624 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $17.50, for a total transaction of $325,920.00. Following the sale, the chief technology officer owned 912,650 shares of the company’s stock, valued at $15,971,375. This trade represents a 2.00% 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. In the last ninety days, insiders sold 40,113 shares of company stock worth $702,417. 2.50% of the stock is owned by insiders.

Institutional Trading of SoFi Technologies

Several large investors have recently added to or reduced their stakes in SOFI. Assenagon Asset Management S.A. raised its stake in shares of SoFi Technologies by 7.7% during the third quarter. Assenagon Asset Management S.A. now owns 23,509 shares of the company’s stock worth $370,000 after buying an additional 1,675 shares during the last quarter. Lodestone Wealth Management LLC grew its stake in shares of SoFi Technologies by 11.5% during the third quarter. Lodestone Wealth Management LLC now owns 12,075 shares of the company’s stock worth $190,000 after purchasing an additional 1,244 shares during the period. Seelaus Asset Management LLC grew its stake in shares of SoFi Technologies by 16.1% during the third quarter. Seelaus Asset Management LLC now owns 12,753 shares of the company’s stock worth $200,000 after purchasing an additional 1,772 shares during the period. First Citizens Bank & Trust Co. bought a new stake in SoFi Technologies in the third quarter valued at about $445,000. Finally, Fearless Solutions LLC dba Best Invest increased its holdings in SoFi Technologies by 38.6% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 15,811 shares of the company’s stock valued at $249,000 after purchasing an additional 4,401 shares during the last quarter. 38.43% of the stock is owned by institutional investors.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: SoFi continues to show strong operating momentum, including record loan originations, deposits and member growth. Second-quarter adjusted revenue reportedly increased about 40% year over year, supporting the long-term bullish case. SoFi Stock Is Down 46% Over the Past Year. Buy Now or Wait for Q3?
• Positive Sentiment: The company’s large deposit base and banking charter provide relatively flexible, lower-cost funding and support continued lending activity. Lending remains SoFi’s largest adjusted gross-profit contributor, which could benefit earnings if credit conditions remain manageable. SoFi: The Market Will Wake Up From Its Hangover Eventually
• Positive Sentiment: An analyst cited in recent coverage believes the shares could potentially double in 2027, arguing that the stock’s sharp decline has created an attractive long-term setup if SoFi maintains its growth trajectory. SoFi Technologies Imploded in 2026
• Neutral Sentiment: Unusually heavy call-option activity—about 451,000 contracts purchased, roughly 26% above average—signals increased speculative interest, but does not guarantee sustained buying or a lasting recovery.
• Neutral Sentiment: Investors are awaiting third-quarter results for evidence that revenue growth, loan demand and profitability can remain strong as the macroeconomic backdrop becomes more difficult.
• Negative Sentiment: Analysts warn that higher rates could pressure SoFi’s margins and lending growth. Longer-term revenue growth is also expected to moderate to just above 20%, making the stock’s valuation more difficult to justify if earnings momentum slows. Rising Rate Pressure Tests the Case For SoFi Stock
• Negative Sentiment: Recent broker coverage has generally settled on a “Hold” view, while technical analysts describe any rebound as potentially a “dead-cat bounce.” SoFi’s proximity to a new one-year low reinforces the market’s cautious stance. SoFi Stock Rated Hold

SoFi Technologies Price Performance

Shares of SOFI opened at $14.55 on Friday. The stock has a market cap of $18.79 billion, a price-to-earnings ratio of 30.31, a P/E/G ratio of 0.84 and a beta of 2.33. The company has a quick ratio of 0.10, a current ratio of 0.74 and a debt-to-equity ratio of 0.30. SoFi Technologies has a 12 month low of $13.86 and a 12 month high of $32.73. The company has a 50-day moving average price of $17.09 and a two-hundred day moving average price of $17.12.

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, beating analysts’ consensus estimates of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the business earned $0.08 earnings per share. The company’s quarterly revenue was up 42.5% on a year-over-year basis. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. Equities analysts predict that SoFi Technologies will post 0.60 EPS for the current fiscal year.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a digital financial services company that provides lending, banking, investing and other personal finance products through its online platform and mobile app. The company serves consumers primarily in the United States and aims to provide a centralized alternative to traditional financial institutions.

SoFi’s offerings include personal loans, student loan refinancing, home loans, checking and savings accounts, credit cards, investment products and financial education resources.