SoFi Technologies (NASDAQ:SOFI) Stock Rating Upgraded by Benchmark

SoFi Technologies (NASDAQ:SOFI) was upgraded by research analysts at Benchmark to a “strong-buy” rating in a report issued on Monday, Zacks reports.

Several other analysts also recently commented on SOFI. Needham & Company LLC lowered their price objective on SoFi Technologies from $25.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Mizuho cut their target price on SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. TD Cowen decreased their price target on SoFi Technologies from $18.00 to $17.50 and set a “hold” rating for the company in a report on Tuesday, October 6th. Morgan Stanley lowered their price target on SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating for the company in a research report on Thursday, July 30th. Finally, Weiss Ratings lowered SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, SoFi Technologies has a consensus rating of “Hold” and an average target price of $22.20.

SoFi Technologies Trading Up 0.1%

SOFI opened at $15.24 on Monday. SoFi Technologies has a fifty-two week low of $14.88 and a fifty-two week high of $32.73. The firm has a market capitalization of $19.68 billion, a PE ratio of 31.75, a P/E/G ratio of 1.27 and a beta of 2.33. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. The company’s 50-day moving average is $17.31 and its 200 day moving average is $17.14.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.11 billion. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, research analysts predict that SoFi Technologies will post 0.60 earnings per share for the current fiscal year.

Insider Activity at SoFi Technologies

In other news, CTO Jeremy Rishel sold 18,624 shares of the business’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 transaction, the chief technology officer owned 912,650 shares in the company, valued at $15,971,375. The trade was a 2.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 11,286 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $18.00, for a total value of $203,148.00. Following the completion of the transaction, the executive vice president directly owned 356,442 shares of the company’s stock, valued at approximately $6,415,956. This represents a 3.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 51,067 shares of company stock worth $890,716. Insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Advisors Inc. OK grew its stake in SoFi Technologies by 2.2% during the 2nd quarter. Capital Advisors Inc. OK now owns 28,324 shares of the company’s stock valued at $508,000 after acquiring an additional 615 shares in the last quarter. Mayflower Financial Advisors LLC lifted its stake in SoFi Technologies by 2.3% in the 1st quarter. Mayflower Financial Advisors LLC now owns 29,202 shares of the company’s stock worth $464,000 after purchasing an additional 653 shares in the last quarter. CX Institutional lifted its stake in SoFi Technologies by 36.2% in the 2nd quarter. CX Institutional now owns 2,477 shares of the company’s stock worth $44,000 after purchasing an additional 658 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of SoFi Technologies by 44.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 2,248 shares of the company’s stock worth $35,000 after purchasing an additional 689 shares during the last quarter. Finally, Archer Investment Corp boosted its holdings in shares of SoFi Technologies by 27.6% during the 1st quarter. Archer Investment Corp now owns 3,191 shares of the company’s stock worth $51,000 after purchasing an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

SoFi Technologies News Summary

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

• Positive Sentiment: StoneX initiated coverage with a Buy rating, arguing that SoFi’s valuation has become attractive after the sharp decline. The firm sees approximately 64% upside, supported by stronger operating performance and the company’s expanding financial-services platform. SoFi has lost nearly half of its value in 2026. StoneX sees recovery ahead
• Positive Sentiment: Analysts highlighted SoFi’s strong second-quarter results, including $1.21 billion in revenue, roughly 42% year-over-year growth, record member and product additions, and increased full-year 2026 revenue guidance of $4.75 billion to $4.85 billion. One analyst believes heavy reinvestment, rather than weakening operations, is the primary reason for the stock’s underperformance. SoFi: Major Long-Term Growth Investments Make For Opportunity Today
• Positive Sentiment: SoFi is expanding internationally through crypto-linked cards in Mexico with Orbi and Mastercard and is exploring SoFiUSD transfers. These initiatives could increase cross-selling and support the company’s technology-solutions business as stablecoin usage grows. SoFi Technologies’ Crypto Push
• Neutral Sentiment: The key upcoming test is whether SoFi can convert rapid revenue growth into its ambitious 2026 adjusted EBITDA target. Analysts estimate the company may need incremental margins of roughly 52% to 62% in the second half, making the October 27 report an important catalyst.
• Negative Sentiment: SoFi recently declined more than the broader market, reflecting investor concerns that aggressive reinvestment is weighing on near-term earnings and capital returns. The stock’s high beta and retreat from its 12-month high also leave it vulnerable to continued volatility. SoFi Technologies Declines More Than Market

About SoFi Technologies

SoFi Technologies, Inc is a financial technology company that provides digital financial services through its SoFi platform. Founded in 2011 as a student-loan refinancing business, the company has expanded into a broader digital banking and personal-finance provider serving consumers primarily in the United States.

SoFi offers products including personal loans, student-loan refinancing, home loans, checking and savings accounts, credit cards, investment accounts, and financial-planning tools.