SoFi Technologies (NASDAQ:SOFI) Stock Jumps 2.7% on Analyst Upgrade

Key Points

• SoFi shares rose 2.7% after UBS raised its price target from $21 to $22, though it maintained a neutral rating. The stock traded near $17.61, while the analyst consensus remained “Hold” with a $21.23 target.
• SoFi reported strong quarterly performance, including 44% year-over-year revenue growth to $1.37 billion and EPS of $0.18, beating expectations. Management also raised its 2026 outlook and issued ambitious 2027 revenue and earnings targets.
• Despite improving deposits, margins and credit trends, analysts remain divided and warn that valuation and execution risks could pressure the stock if loan performance, growth or margins weaken.

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) rose 2.7% during 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 changed hands during mid-day trading, a decline of 0% from the average session volume of 63,950,703 shares. The stock had previously closed at $17.14.

Several other brokerages also recently weighed in on SOFI. TD Cowen upped their target price on shares of SoFi Technologies from $17.50 to $18.00 and gave the company a "hold" rating in a research note on Wednesday. The Goldman Sachs Group set a $15.00 target price on SoFi Technologies in a research note on Tuesday, October 13th. Loop Capital assumed coverage on SoFi Technologies in a research report on Tuesday, September 8th. They issued a "hold" rating and a $22.00 target price on the stock. Keefe, Bruyette & Woods increased their price objective on shares of SoFi Technologies from $15.00 to $16.00 and gave the company an "underperform" rating in a research note on Wednesday. Finally, Benchmark reaffirmed a "sector outperform" rating on shares of SoFi Technologies in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $21.23.

Insider Activity

In other SoFi Technologies news, CTO Jeremy Rishel sold 18,624 shares of the business's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $17.50, for a total transaction 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. The trade was a 2.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 11,286 shares of the firm's stock in a transaction 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 transaction, the executive vice president directly owned 356,442 shares in the company, valued at $6,415,956. This trade 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. Insiders have sold 50,316 shares of company stock valued at $852,605 in the last 90 days. Insiders own 2.50% of the company's stock.

Key Headlines Impacting SoFi Technologies

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trek Financial LLC acquired a new position in SoFi Technologies in the third quarter valued at about $4,416,000. Traynor Capital Management Inc. bought a new position in SoFi Technologies in the third quarter valued at approximately $216,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in SoFi Technologies during the third quarter valued at approximately $46,000. Vise Technologies Inc. boosted its holdings in shares of SoFi Technologies by 237.7% in the 3rd quarter. Vise Technologies Inc. now owns 179,233 shares of the company's stock valued at $2,818,000 after purchasing an additional 126,164 shares in the last quarter. Finally, Intrua Financial LLC boosted its holdings in shares of SoFi Technologies by 9.9% in the 3rd quarter. Intrua Financial LLC now owns 19,515 shares of the company's stock valued at $307,000 after purchasing an additional 1,750 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

SoFi Technologies Price Performance

The business has a fifty day moving average price of $16.62 and a 200 day moving average price of $17.99. The company has a market cap of $22.74 billion, a price-to-earnings ratio of 36.69, a PEG ratio of 0.85 and a beta of 2.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.10 and a current ratio of 0.74.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%. The firm had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.25 billion. During the same quarter in the previous year, the business posted $0.11 earnings per share. The business's revenue for the quarter was up 44.4% on a year-over-year basis. As a group, research analysts anticipate that SoFi Technologies, Inc. will post 0.60 earnings per share for the current year.

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.

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