SoFi Technologies (NASDAQ:SOFI) Price Target Raised to $16.00

SoFi Technologies (NASDAQ:SOFI) had its target price hoisted by Keefe, Bruyette & Woods from $15.00 to $16.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has an underperform rating on the stock.

SOFI has been the subject of several other research reports. TD Cowen lowered their price objective on SoFi Technologies from $18.00 to $17.50 and set a “hold” rating for the company in a research report on Tuesday, October 6th. Truist Financial decreased their price target on shares of SoFi Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a research note on Friday, October 23rd. Needham & Company LLC reissued a “buy” rating and set a $24.00 price target on shares of SoFi Technologies in a research report on Wednesday. Wells Fargo & Company reissued a “negative” rating on shares of SoFi Technologies in a research report on Wednesday. Finally, Mizuho dropped their price objective on shares of SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $21.23.

SoFi Technologies Price Performance

Shares of SoFi Technologies stock opened at $16.76 on Wednesday. The firm has a market capitalization of $21.65 billion, a PE ratio of 30.47, a price-to-earnings-growth ratio of 1.00 and a beta of 2.33. 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 $13.86 and a 12 month high of $32.73. The business’s 50-day moving average price is $16.58 and its 200-day moving average price is $17.89.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.25 billion. SoFi Technologies had a return on equity of 6.89% and a net margin of 15.60%. SoFi Technologies’s quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS. Sell-side analysts forecast that SoFi Technologies will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Kelli Keough sold 10,203 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $14.72, for a total transaction of $150,188.16. Following the completion of the sale, the executive vice president owned 397,870 shares of the company’s stock, valued at $5,856,646.40. This trade represents a 2.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 SoFi Technologies stock in a transaction 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 completion of the sale, the chief technology officer directly owned 912,650 shares of the company’s stock, valued at approximately $15,971,375. The trade was a 2.00% decrease in their position. 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 quarter, insiders have sold 50,316 shares of company stock worth $852,605. Corporate insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

Hedge funds have recently bought and sold shares of the business. Capital Advisors Inc. OK boosted its position in shares of 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 during the last quarter. Mayflower Financial Advisors LLC grew its holdings in shares of SoFi Technologies by 2.3% in the first quarter. Mayflower Financial Advisors LLC now owns 29,202 shares of the company’s stock valued at $464,000 after purchasing an additional 653 shares during the period. CX Institutional grew its holdings in shares of SoFi Technologies by 36.2% in the second quarter. CX Institutional now owns 2,477 shares of the company’s stock valued at $44,000 after purchasing an additional 658 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in SoFi Technologies by 44.2% during the third 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 increased its position in SoFi Technologies by 27.6% during the first 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.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Strong earnings and raised outlook: SoFi reported its sixth consecutive earnings beat, with third-quarter revenue up 44% year over year to $1.37 billion and EPS of $0.18 versus the $0.17 consensus. Adjusted EBITDA reached a record $470 million, and management issued 2027 guidance above Wall Street expectations, including approximately $6.4 billion in revenue and $0.90 in EPS. SoFi Technologies: 2027 Growth Outlook Looks Underpriced
• Positive Sentiment: Improving profitability and funding economics: Expanding net interest margin, lower-cost deposits and growing fee-based businesses are strengthening SoFi’s earnings model. Analysts highlighted a 6.14% net interest margin, 17% capital ratio and favorable credit trends, including lower net charge-offs. SoFi’s $745 Million Advantage Is Hiding in Deposits
• Positive Sentiment: More bullish analyst views: Keefe, Bruyette & Woods raised its price target, while Wells Fargo forecast significant appreciation. One analyst estimated fair value of $23–$26, implying substantial upside from recent levels. SoFi Price Target Boost
• Positive Sentiment: Expansion beyond traditional lending: SoFi plans to process approximately $25 billion of card volume on stablecoin rails, while its app is adding embedded Prudential life-insurance products. These initiatives could diversify revenue and deepen member engagement. SoFi Stablecoin Card Payments
• Neutral Sentiment: Execution remains the key test: Commentators noted that previous post-earnings rallies faded, making the next several quarters important for proving that the 2027 targets are achievable. SoFi Execution Must Continue
• Negative Sentiment: Valuation and profit-taking pressure: Although forward valuation appears reasonable relative to projected EPS growth, SOFI remains a high-beta stock. Investors may be locking in gains after the earnings rally and questioning whether exceptional growth can continue, contributing to the stock’s decline despite favorable fundamentals.

About SoFi Technologies

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.