SoFi Technologies, Inc. (NASDAQ:SOFI) Given Average Rating of “Hold” by Analysts

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) have been assigned an average rating of “Hold” from the twenty analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $26.2059.

Several equities research analysts have recently issued reports on SOFI shares. Bank of America began coverage on SoFi Technologies in a research report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 target price for the company. Jefferies Financial Group restated a “buy” rating and set a $35.00 price objective on shares of SoFi Technologies in a report on Tuesday, October 28th. UBS Group set a $24.50 target price on shares of SoFi Technologies in a research note on Monday, February 2nd. The Goldman Sachs Group reduced their target price on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. Finally, Mizuho set a $38.00 price target on shares of SoFi Technologies in a report on Thursday, October 30th.

Insiders Place Their Bets

In other news, General Counsel Robert S. Lavet purchased 5,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the purchase, the general counsel owned 17,172 shares of the company’s stock, valued at $361,298.88. The trade was a 41.08% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Eric Schuppenhauer acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average cost of $19.93 per share, with a total value of $99,650.00. Following the acquisition, the executive vice president owned 228,768 shares in the company, valued at $4,559,346.24. The trade was a 2.23% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders sold 261,470 shares of company stock valued at $6,276,524. Company insiders own 2.60% of the company’s stock.

Institutional Trading of SoFi Technologies

A number of institutional investors have recently modified their holdings of SOFI. Norges Bank bought a new stake in SoFi Technologies during the 4th quarter valued at $321,515,000. Vanguard Group Inc. grew its position in shares of SoFi Technologies by 6.8% in the third quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock valued at $2,829,640,000 after purchasing an additional 6,814,727 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of SoFi Technologies during the 2nd quarter valued at $115,188,000. State Street Corp raised its stake in shares of SoFi Technologies by 30.7% during the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company’s stock valued at $642,019,000 after purchasing an additional 5,708,053 shares during the period. Finally, Marshall Wace LLP lifted its holdings in SoFi Technologies by 372.9% during the 4th quarter. Marshall Wace LLP now owns 6,650,744 shares of the company’s stock worth $174,116,000 after purchasing an additional 5,244,291 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

SoFi Technologies Trading Up 1.6%

NASDAQ:SOFI opened at $19.61 on Friday. SoFi Technologies has a 52 week low of $8.60 and a 52 week high of $32.73. The firm has a 50-day moving average price of $25.34 and a two-hundred day moving average price of $26.25. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.80. The firm has a market cap of $23.65 billion, a price-to-earnings ratio of 51.61 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, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 6.48% and a net margin of 13.34%.SoFi Technologies’s quarterly revenue was up 39.6% on a year-over-year basis. During the same period in the prior year, the company 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. On average, equities analysts expect that SoFi Technologies will post 0.26 earnings per share for the current fiscal year.

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.