SoFi Technologies (NASDAQ:SOFI) Stock Gets Price Target Boost from Keefe, Bruyette & Woods

SoFi Technologies (NASDAQ:SOFI) had its price objective boosted by equities researchers at Keefe, Bruyette & Woods from $15.00 to $16.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has an “underperform” rating on the stock. Keefe, Bruyette & Woods‘s price objective would indicate a potential downside of 2.44% from the stock’s previous close.

SOFI has been the subject of a number of other research reports. Stonex Financia raised shares of SoFi Technologies to a “strong-buy” rating in a report on Monday, October 12th. The Goldman Sachs Group set a $15.00 price target on shares of SoFi Technologies in a report on Tuesday, October 13th. Scotiabank began coverage on shares of SoFi Technologies in a research report on Wednesday, September 2nd. They set a “sector outperform” rating and a $25.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and set a $24.00 price objective on shares of SoFi Technologies in a research note on Wednesday. Finally, Benchmark raised SoFi Technologies to a “strong-buy” rating in a research report on Monday, October 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $21.05.

SoFi Technologies Stock Up 13.4%

Shares of SOFI opened at $16.40 on Wednesday. The firm has a market cap of $21.18 billion, a price-to-earnings ratio of 34.17 and a beta of 2.33. The business’s 50 day moving average is $16.63 and its two-hundred day moving average is $18.04. SoFi Technologies has a 52-week low of $13.86 and a 52-week high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly 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 for the quarter, compared to analyst estimates of $1.25 billion. The firm’s quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 EPS. On average, equities analysts expect that SoFi Technologies will post 0.60 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 18,624 shares of the firm’s stock in a transaction that occurred 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 sale, the chief technology officer directly owned 912,650 shares in the company, valued at $15,971,375. This trade represents a 2.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 11,286 shares of SoFi Technologies 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 sale, the executive vice president directly owned 356,442 shares in the company, valued at $6,415,956. The trade was a 3.07% 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. Insiders sold a total of 50,316 shares of company stock valued at $852,605 over the last three months. Corporate insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC increased its stake in SoFi Technologies by 232.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,099 shares of the company’s stock valued at $34,000 after buying an additional 1,467 shares during the period. Compass Financial Management LLC bought a new stake in shares of SoFi Technologies during the 2nd quarter worth about $34,000. MassMutual Private Wealth & Trust FSB raised 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 worth $35,000 after buying an additional 689 shares in the last quarter. Markowski Investments acquired a new stake in shares of SoFi Technologies in the 2nd quarter worth approximately $38,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of SoFi Technologies in the 1st quarter worth approximately $40,000. Institutional investors own 38.43% of the company’s stock.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: Q3 results exceeded expectations. SoFi reported adjusted earnings of $0.18 per share versus the $0.17 consensus estimate, while revenue reached approximately $1.37 billion to $1.39 billion, well above expectations of $1.25 billion. Revenue rose 44.4% year over year, and net income reportedly reached $241 million. SoFi Technologies Q3 earnings report
• Positive Sentiment: Management raised its 2026 outlook. SoFi now expects approximately $5.04 billion in adjusted net revenue and about $0.61 in adjusted earnings per share for 2026, citing strong demand for lending and continued member growth. SoFi lifts outlook
• Positive Sentiment: The 2027 targets were a major catalyst. SoFi projected roughly $6.4 billion in adjusted net revenue and $0.90 in adjusted EPS for 2027, implying approximately 48% earnings growth. Management also said organic capital generation should fund next year’s expansion without requiring additional capital. SoFi 2027 outlook
• Positive Sentiment: Growth metrics remained strong. Membership reportedly reached 17 million, lending increased sharply, and the company continues expanding products including crypto, tokenized deposits and financial technology services. CEO Anthony Noto said SoFi could quadruple products by 2030. Why SoFi stock increased
• Positive Sentiment: Analyst coverage added support. Monness Crespi & Hardt initiated coverage with a Buy rating and a $20 price target, above the recent trading level. Monness Crespi SoFi rating
• Neutral Sentiment: Investors are likely to focus on whether SoFi can sustain rapid growth and improve revenue per product as its member base expands.
• Negative Sentiment: Management highlighted persistent fraud, cybersecurity and operational risks, while higher interest rates and the stock’s elevated valuation remain potential headwinds.

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.