SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $22.00 at Mizuho

Posted by Francis Steltz on Aug 1st, 2026

SoFi Technologies (NASDAQ:SOFI – Free Report) had its price objective reduced by Mizuho from $29.00 to $22.00 in a report issued on Friday morning,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Other equities analysts have also recently issued reports about the company. Stephens reduced their price objective on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Wells Fargo & Company lowered their target price on shares of SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday. Morgan Stanley dropped their target price on shares of SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating on the stock in a report on Thursday. The Goldman Sachs Group raised their price target on shares of SoFi Technologies from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $18.00 price target on shares of SoFi Technologies in a report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, SoFi Technologies currently has an average rating of “Hold” and an average price target of $22.38.

Read Our Latest Stock Analysis on SOFI

SoFi Technologies Trading Down 1.0%

Shares of NASDAQ SOFI opened at $16.31 on Friday. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. The stock’s 50 day moving average price is $17.29 and its two-hundred day moving average price is $18.43. SoFi Technologies has a 52-week low of $14.88 and a 52-week high of $32.73. The stock has a market capitalization of $20.92 billion, a P/E ratio of 33.98 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.39% and a net margin of 14.78%.The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the firm earned $0.08 EPS. The business’s 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. On average, analysts anticipate that SoFi Technologies will post 0.61 earnings per share for the current fiscal year.

Insider Activity at SoFi Technologies

In related news, CTO Jeremy Rishel sold 102,123 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the completion of the transaction, the chief technology officer owned 895,089 shares in the company, valued at $15,914,682.42. The trade was a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Anthony Noto acquired 15,545 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $16.00 per share, with a total value of $248,720.00. Following the completion of the purchase, the chief executive officer owned 11,946,619 shares in the company, valued at $191,145,904. The trade was a 0.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 135,256 shares of company stock worth $2,370,822 in the last 90 days. 2.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SoFi Technologies

Several institutional investors have recently modified their holdings of SOFI. Brighton Jones LLC increased its holdings in shares of SoFi Technologies by 2.0% in the 4th quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after acquiring an additional 14,281 shares during the period. Caxton Associates LLP bought a new stake in SoFi Technologies in the 1st quarter valued at about $129,000. Empowered Funds LLC boosted its stake in SoFi Technologies by 5.2% during the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after purchasing an additional 1,631 shares during the period. Franklin Resources Inc. grew its position in SoFi Technologies by 23.2% in the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock worth $251,000 after purchasing an additional 2,596 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in SoFi Technologies in the 2nd quarter worth about $4,633,000. Institutional investors own 38.43% of the company’s stock.

Key Stories Impacting SoFi Technologies

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

Positive Sentiment: SoFi reported record Q2 results, with revenue of approximately $1.21 billion, up 42.5% year over year, and adjusted EPS of $0.12 versus the $0.11 consensus estimate. The company also posted its 11th consecutive profitable quarter. Should You Buy, Hold or Fold SoFi Technologies Stock Post Q2 Earnings?
Positive Sentiment: Member additions, loan originations and product growth reached records, with 1.12 million new members in Q2. Fee-based revenue rose to 39% of total revenue, supporting management’s strategy to diversify beyond lending and build an “everything app.” SoFi Technologies Q2: The Everything App Inflection Just Showed Up In The Numbers
Positive Sentiment: SoFi raised its full-year 2026 revenue outlook, while analysts and bullish commentators see continued monetization potential from financial-services fees, AI-powered coaching and cross-selling.
Neutral Sentiment: In a comparison with Nu Holdings, commentary favored SoFi’s broader revenue mix, stronger fee income and capital position, although the comparison does not directly change SoFi’s fundamentals. Nu vs. SoFi: Which Digital Banking Stock Is the Better Investment Now?
Negative Sentiment: The company left its 2026 profit guidance unchanged despite raising revenue guidance, signaling that incremental revenue will be reinvested in growth. Net charge-offs increased to about $204.5 million from $160.3 million a year earlier, intensifying concerns about credit quality and capital intensity.
Negative Sentiment: Analysts reduced targets following the report: Mizuho cut its target to $22 while maintaining “outperform,” Wells Fargo lowered its target to $17 with an “equal weight” rating, and Morgan Stanley cut its target to $15 with an “underweight” rating.
Negative Sentiment: Recent insider selling, including an executive’s sale of SoFi shares, added further short-term selling pressure and reinforced investor caution. SoFi Technologies Trading Down Following Insider Selling

About SoFi Technologies

(Get Free Report)

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.