SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $17.00 at Keefe, Bruyette & Woods
by Sarita Garza · The Markets DailySoFi Technologies (NASDAQ:SOFI – Get Free Report) had its price target cut by analysts at Keefe, Bruyette & Woods from $20.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “underperform” rating on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 3.09% from the stock’s previous close.
A number of other analysts also recently issued reports on the company. Needham & Company LLC dropped their price target on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a research report on Monday, February 9th. Bank of America initiated coverage on SoFi Technologies in a research report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 price target for the company. JPMorgan Chase & Co. raised SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective on the stock in a report on Tuesday, February 3rd. Finally, Barclays decreased their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $25.15.
Check Out Our Latest Analysis on SOFI
SoFi Technologies Stock Performance
Shares of SOFI opened at $16.49 on Thursday. The company has a market cap of $21.03 billion, a PE ratio of 43.40 and a beta of 2.24. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average price of $18.48 and a 200-day moving average price of $24.41. SoFi Technologies has a 12-month low of $9.31 and a 12-month high of $32.73.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm 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 5.88% and a net margin of 13.34%.The company’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same quarter last year, the company posted $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, equities analysts forecast that SoFi Technologies will post 0.26 earnings per share for the current fiscal year.
Insider Activity at SoFi Technologies
In related news, Director Steven J. Freiberg sold 94,225 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 588,849 shares of the company’s stock, valued at approximately $11,959,523.19. This trade represents a 13.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kelli Keough sold 9,755 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $18.87, for a total value of $184,076.85. Following the transaction, the executive vice president directly owned 293,725 shares in the company, valued at approximately $5,542,590.75. This represents a 3.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders bought 38,900 shares of company stock worth $705,398 and sold 218,148 shares worth $4,161,735. 2.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On SoFi Technologies
A number of large investors have recently bought and sold shares of the stock. Valley Wealth Managers Inc. bought a new stake in SoFi Technologies during the 4th quarter valued at $25,000. Vermillion Wealth Management Inc. raised its holdings in SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after buying an additional 739 shares during the last quarter. Blue Trust Inc. raised its holdings in SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after buying an additional 878 shares during the last quarter. Reflection Asset Management bought a new stake in SoFi Technologies during the 4th quarter valued at $28,000. Finally, Central Pacific Bank Trust Division bought a new stake in SoFi Technologies during the 4th quarter valued at $28,000. 38.43% of the stock is owned by hedge funds and other institutional investors.
SoFi Technologies Company Profile
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.