SoFi Technologies (NASDAQ:SOFI) Raised to Outperform at Citizens Jmp

SoFi Technologies (NASDAQ:SOFI) was upgraded by equities researchers at Citizens Jmp from a “market perform” rating to an “outperform” rating in a report issued on Monday, Marketbeat Ratings reports. The firm presently has a $30.00 price target on the stock. Citizens Jmp’s price objective indicates a potential upside of 41.64% from the stock’s previous close.

Several other research analysts have also commented on the stock. Barclays raised their price objective on shares of SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Bank of America began coverage on shares of SoFi Technologies in a research note on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price target for the company. UBS Group set a $24.50 price objective on SoFi Technologies in a research note on Monday, February 2nd. Keefe, Bruyette & Woods lifted their target price on SoFi Technologies from $18.00 to $20.00 and gave the company an “underperform” rating in a report on Wednesday, October 29th. Finally, Citigroup upped their price target on SoFi Technologies from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, SoFi Technologies has an average rating of “Hold” and a consensus price target of $26.21.

SoFi Technologies Stock Down 0.8%

Shares of NASDAQ SOFI opened at $21.18 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.80 and a debt-to-equity ratio of 0.31. The business’s 50 day moving average is $25.88 and its two-hundred day moving average is $26.33. SoFi Technologies has a 52-week low of $8.60 and a 52-week high of $32.73. The firm has a market cap of $25.54 billion, a price-to-earnings ratio of 55.74 and a beta of 2.13.

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

Insiders Place Their Bets

In related news, General Counsel Robert S. Lavet purchased 5,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were bought at an average cost of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the purchase, the general counsel directly owned 17,172 shares of the company’s stock, valued at approximately $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven J. Freiberg sold 94,225 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the sale, the director owned 588,849 shares of the company’s stock, valued at $11,959,523.19. This represents a 13.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 261,470 shares of company stock worth $6,276,524. 2.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On SoFi Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC grew its holdings in shares of SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after purchasing an additional 14,281 shares during the last quarter. Caxton Associates LLP purchased a new position in SoFi Technologies during the 1st quarter worth approximately $129,000. Empowered Funds LLC increased its position in SoFi Technologies by 5.2% during the first quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after buying an additional 1,631 shares during the period. Blair William & Co. IL increased its position in SoFi Technologies by 443.9% during the second quarter. Blair William & Co. IL now owns 335,698 shares of the company’s stock worth $6,113,000 after buying an additional 273,972 shares during the period. Finally, Callan Family Office LLC acquired a new stake in shares of SoFi Technologies in the second quarter valued at approximately $544,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

SoFi Technologies News Summary

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

• Positive Sentiment: Citizens JMP upgraded SOFI to Outperform with a $30 price target, which has become a headline catalyst driving renewed buy interest. Read More.
• Positive Sentiment: Several bullish pieces and analyst notes argue the pullback makes SOFI attractive — they cite strong member growth, rising fee revenue, high net interest margins and operating leverage supporting multi‑year EPS upside. Read More.
• Positive Sentiment: Coverage that SOFI’s post‑earnings insider and executive buying signals management confidence and helped intraday gains after the quarter. Read More.
• Neutral Sentiment: Broader upgrade chatter and Nasdaq strength have provided sector tailwinds for SOFI, but these are market‑wide dynamics rather than company‑specific catalysts. Read More.
• Neutral Sentiment: Analyst/feature comparisons to peers (e.g., PayPal) and coverage of SoFi’s crypto/blockchain moves raise longer‑term opportunity themes but are more thematic than immediate catalysts. Read More.
• Neutral Sentiment: Reports highlight SoFi’s growing crypto initiatives and potential upside if execution succeeds — interesting for long‑term investors but adds execution risk in the near term. Read More.
• Negative Sentiment: Director Steven Freiberg sold 94,225 shares (~$1.9M) in a Feb. 6 filing, reducing his stake ~13.8% — a notable insider sale that can be read as a short‑term negative by some investors. Read More.
• Negative Sentiment: Despite adjusted beats, some analysts cut targets or stayed cautious after GAAP profit weakness; UBS trimmed its PT and others retained neutral/hold ratings, limiting near‑term consensus upside. Read More.
• Negative Sentiment: Short‑term pressure has also come from traders rotating ahead of Robinhood’s results and broader software/fintech volatility, prompting the intraday pullback. Read More.

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.