SoFi Technologies (NASDAQ:SOFI) Shares Climb 2.7% After Analyst Upgrade

SoFi Technologies, Inc. (NASDAQ:SOFI) shot up 2.7% during mid-day trading on Thursday after UBS Group raised their price target on the stock from $21.00 to $22.00. UBS Group currently has a neutral rating on the stock. SoFi Technologies traded as high as $17.63 and last traded at $17.61. 63,682,973 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 63,950,703 shares. The stock had previously closed at $17.14.

A number of other research firms have also commented on SOFI. Morgan Stanley reduced their price target on SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Thursday, July 30th. Truist Financial lowered their price target on shares of SoFi Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a report on Friday, October 23rd. Stonex Financia upgraded shares of SoFi Technologies to a “strong-buy” rating in a research report on Monday, October 12th. Piper Sandler began coverage on shares of SoFi Technologies in a research note on Monday, August 17th. They set an “overweight” rating and a $22.00 target price for the company. Finally, Scotiabank restated a “sector outperform” rating and issued a $26.00 target price (up from $25.00) on shares of SoFi Technologies in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, SoFi Technologies presently has an average rating of “Hold” and a consensus target price of $21.23.

Insider Activity at SoFi Technologies

In other news, EVP Kelli Keough sold 11,286 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $18.00, for a total transaction of $203,148.00. Following the completion of the sale, the executive vice president owned 356,442 shares in the company, valued at $6,415,956. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 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 transaction, the chief technology officer owned 912,650 shares in the company, valued at approximately $15,971,375. This represents a 2.00% 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 quarter, insiders sold 50,316 shares of company stock worth $852,605. Corporate insiders own 2.50% of the company’s stock.

SoFi Technologies News Roundup

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

• Positive Sentiment: Strong Q3 results and raised guidance: SoFi reported approximately $1.37 billion in quarterly revenue, up 44% year over year, and earnings of $0.18 per share, slightly above expectations. Management raised its 2026 adjusted net revenue outlook to $5.04 billion and introduced an ambitious 2027 forecast of roughly $6.4 billion in adjusted revenue and $0.90 in adjusted EPS. SoFi: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Improving banking economics: Analysts highlighted a 6.14% net interest margin, a growing deposit base and a reported $745 million funding advantage from lower-cost deposits. Favorable credit trends, including lower net charge-offs, also suggest that lending growth has not yet caused a material deterioration in asset quality. SoFi’s $745 million advantage is hiding in deposits
• Positive Sentiment: Broader platform growth: Rising member engagement, cross-selling and expansion beyond balance-sheet lending are strengthening the case that SoFi is becoming a diversified financial platform. Its embedded term-life-insurance partnership with Prudential gives more than 15 million members access to digital policies, adding another potential product channel. Prudential Financial After the SoFi Tie Up
• Neutral Sentiment: Analyst reaction is mixed: Some analysts raised fair-value estimates to $23–$26, while Wells Fargo maintained an equal-weight view and Keefe, Bruyette & Woods retained an underperform rating despite lifting its price target.
• Negative Sentiment: Execution and valuation remain risks: Commentators warn that SoFi’s post-earnings rallies have previously faded. The stock’s valuation now assumes strong delivery on the 2027 targets, leaving it vulnerable to weaker loan performance, slower growth or margin pressure in coming quarters. SoFi’s Recent Upward Burst Means Execution Is Now a Must

Hedge Funds Weigh In On SoFi Technologies

Several large investors have recently bought and sold shares of SOFI. Capital Advisors Inc. OK lifted its position in shares of SoFi Technologies by 2.2% during the second quarter. Capital Advisors Inc. OK now owns 28,324 shares of the company’s stock valued at $508,000 after purchasing an additional 615 shares in the last quarter. Mayflower Financial Advisors LLC boosted its stake in shares of 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 buying an additional 653 shares during the last quarter. CX Institutional increased its position in shares of SoFi Technologies by 36.2% during the second quarter. CX Institutional now owns 2,477 shares of the company’s stock valued at $44,000 after acquiring an additional 658 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position 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 valued at $35,000 after purchasing an additional 689 shares during the last quarter. Finally, Archer Investment Corp increased its position 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 valued at $51,000 after purchasing an additional 691 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

SoFi Technologies Stock Up 2.7%

The stock’s fifty day moving average is $16.62 and its two-hundred day moving average is $17.99. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $22.74 billion, a PE ratio of 36.69, a P/E/G ratio of 0.85 and a beta of 2.33.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.22%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the firm earned $0.11 EPS. The company’s revenue was up 44.4% compared to the same quarter last year. As a group, analysts predict that SoFi Technologies, Inc. will post 0.60 EPS for the current 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.