JPMorgan Chase & Co. Upgrades SoFi Technologies (NASDAQ:SOFI) to Overweight

SoFi Technologies (NASDAQ:SOFI) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm currently has a $31.00 target price on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 49.40% from the stock’s previous close.

SOFI has been the topic of a number of other reports. Jefferies Financial Group restated a “buy” rating and issued a $35.00 price objective on shares of SoFi Technologies in a research note on Tuesday, October 28th. Needham & Company LLC lowered their price target on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Monday. The Goldman Sachs Group cut their price objective on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Truist Financial reduced their price objective on shares of SoFi Technologies from $31.00 to $28.00 and set a “hold” rating for the company in a research note on Tuesday, November 25th. Finally, Barclays increased their target price on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, SoFi Technologies presently has a consensus rating of “Hold” and an average price target of $25.44.

SoFi Technologies Trading Down 4.6%

NASDAQ:SOFI opened at $20.75 on Tuesday. SoFi Technologies has a 12 month low of $8.60 and a 12 month high of $32.73. The company has a current ratio of 0.80, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average is $26.56 and its 200 day moving average is $26.31. The stock has a market capitalization of $25.02 billion, a PE ratio of 54.61, a price-to-earnings-growth ratio of 1.33 and a beta of 2.13.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. SoFi Technologies had a return on equity of 6.48% and a net margin of 13.34%.The business’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period last year, the business posted $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Sell-side analysts expect that SoFi Technologies will post 0.26 earnings per share for the current year.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 91,837 shares of SoFi Technologies stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the completion of the sale, the chief technology officer owned 794,598 shares of the company’s stock, valued at approximately $21,168,090.72. This trade represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelli Keough sold 9,468 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $25.75, for a total value of $243,801.00. Following the completion of the transaction, the executive vice president owned 303,480 shares in the company, valued at $7,814,610. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 167,245 shares of company stock worth $4,362,815. Corporate insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

Hedge funds have recently bought and sold shares of the stock. Valley Wealth Managers Inc. purchased a new position in SoFi Technologies in the fourth quarter worth $25,000. Blue Trust Inc. boosted its holdings in shares of SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of SoFi Technologies in the 4th quarter worth about $28,000. Salomon & Ludwin LLC bought a new position in shares of SoFi Technologies during the 3rd quarter valued at about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SoFi Technologies in the fourth quarter worth approximately $29,000. 38.43% of the stock is currently owned by institutional investors.

More SoFi Technologies News

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

• Positive Sentiment: J.P. Morgan upgraded SOFI to Overweight and set a $31 price target, citing “undeniable momentum” — the upgrade is driving some buy-side interest and frames the stock as having sizable upside from current levels. SoFi upgraded to Overweight at J.P. Morgan on ‘undeniable’ momentum
• Positive Sentiment: Coverage highlighting fundamental catalysts — including SoFi’s first billion-dollar revenue quarter and its push into crypto payments — supports a constructive narrative that could underpin longer-term multiple expansion. Assessing SoFi Technologies (SOFI) Valuation After Its First Billion Dollar Quarter And Crypto Payment Push
• Positive Sentiment: Macro/sector tailwinds for fintech (AI, blockchain, digital payments) are being cited as durable demand drivers for companies like SoFi, which could support re-rating if execution continues. Fintech Stocks Offer a Resilient Path Toward Sustainable Returns
• Neutral Sentiment: Analyst and media coverage is encouraging investors to keep SOFI on watchlists as a growth fintech play; this increases visibility but doesn’t guarantee short-term directional moves. SoFi Technologies (NASDAQ:SOFI) Fintech Stock For Watchlists Tracking Innovation In Finance
• Neutral Sentiment: Analytical pieces assessing valuation after the recent quarter provide context for both bulls and bears — they highlight the beat and guidance but note the premium multiple, leaving the impact dependent on next-quarter execution. What Catalysts Are Recasting The Narrative For SoFi Technologies (SOFI)?
• Negative Sentiment: A recent 8-day decline removed roughly $5.4B of market value and signals near-term selling pressure — momentum-driven outflows and profit-taking appear to be behind the short-term weakness. What’s Happening With SOFI Stock
• Negative Sentiment: Needham lowered expectations for SoFi’s stock price, adding analyst-side caution that can pressure sentiment and amplify selling when volume spikes. Needham & Company LLC Has Lowered Expectations for SoFi Technologies (NASDAQ:SOFI) Stock Price

About SoFi Technologies

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.