SoFi Technologies, Inc. (NASDAQ:SOFI) Receives $22.38 Consensus PT from Analysts

Posted by Geri Gentry on Aug 7th, 2026

SoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) has been assigned an average rating of “Hold” from the twenty research firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $22.3824.

A number of brokerages have commented on SOFI. TD Cowen reduced their target price on SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Morgan Stanley lowered their price target on SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating on the stock in a research note on Thursday, July 30th. Citigroup dropped their price target on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Wells Fargo & Company reduced their price objective on SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th.

View Our Latest Report on SoFi Technologies

SoFi Technologies Stock Down 0.8%

SOFI stock opened at $18.10 on Friday. The stock has a market capitalization of $23.22 billion, a P/E ratio of 37.71 and a beta of 2.17. The firm has a 50-day simple moving average of $17.45 and a 200-day simple moving average of $18.13. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.17. SoFi Technologies has a 52 week low of $14.88 and a 52 week high of $32.73.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings results 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 net margin of 14.78% and a return on equity of 6.39%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company posted $0.08 EPS. SoFi Technologies’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. Equities analysts forecast that SoFi Technologies will post 0.61 earnings per share for the current fiscal year.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, CEO Anthony Noto purchased 15,545 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the completion of the transaction, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at $191,145,904. The trade was a 0.13% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kelli Keough sold 10,954 shares of the company’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $17.19, for a total transaction of $188,299.26. Following the sale, the executive vice president directly owned 367,728 shares of the company’s stock, valued at approximately $6,321,244.32. This represents a 2.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 135,256 shares of company stock valued at $2,370,822 over the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in SoFi Technologies during the fourth quarter worth about $321,515,000. State Street Corp raised its stake in SoFi Technologies by 30.7% during the third quarter. State Street Corp now owns 24,300,498 shares of the company’s stock worth $642,019,000 after purchasing an additional 5,708,053 shares during the period. Marshall Wace LLP boosted its holdings in SoFi Technologies by 372.9% in the 4th quarter. Marshall Wace LLP now owns 6,650,744 shares of the company’s stock valued at $174,116,000 after purchasing an additional 5,244,291 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in SoFi Technologies in the 2nd quarter valued at about $72,531,000. Finally, Vanguard Group Inc. grew its stake in shares of SoFi Technologies by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after buying an additional 3,900,895 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.