Mizuho Issues Pessimistic Forecast for SoFi Technologies (NASDAQ:SOFI) Stock Price

SoFi Technologies (NASDAQ:SOFI) had its target price decreased by investment analysts at Mizuho from $29.00 to $22.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Mizuho’s target price would suggest a potential upside of 34.45% from the stock’s previous close.

A number of other brokerages have also recently commented on SOFI. Stephens decreased their price target on SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Truist Financial raised their target price on shares of SoFi Technologies from $17.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 24th. TD Cowen decreased their target price on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating on the stock in a research note on Thursday, April 30th. Citigroup lowered their price objective on shares of SoFi Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, UBS Group cut their price objective on SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $22.28.

SoFi Technologies Trading Down 0.6%

Shares of NASDAQ:SOFI traded down $0.11 on Friday, reaching $16.36. 38,235,801 shares of the company traded hands, compared to its average volume of 70,524,922. The business’s 50-day simple moving average is $17.27 and its 200 day simple moving average is $18.44. SoFi Technologies has a 52 week low of $14.88 and a 52 week high of $32.73. The stock has a market capitalization of $20.99 billion, a P/E ratio of 34.03 and a beta of 2.14. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.11 billion. SoFi Technologies had a return on equity of 6.39% and a net margin of 14.78%.SoFi Technologies’s revenue for the quarter was up 42.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, equities analysts anticipate that SoFi Technologies will post 0.59 EPS for the current fiscal year.

Insider Buying and Selling

In other SoFi Technologies news, CEO Anthony Noto bought 15,545 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $16.00 per share, with a total value of $248,720.00. Following the completion of the purchase, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. This trade represents a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kelli Keough sold 10,954 shares of SoFi Technologies stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $17.19, for a total transaction of $188,299.26. Following the transaction, the executive vice president owned 367,728 shares of the company’s stock, valued at $6,321,244.32. The trade was a 2.89% decrease in their ownership of the stock. 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 135,256 shares of company stock worth $2,370,822 in the last three months. 2.50% of the stock is owned by corporate insiders.

Institutional Trading of SoFi Technologies

Several institutional investors have recently bought and sold shares of SOFI. Capital Advisors Wealth Management LLC raised its stake in SoFi Technologies by 0.4% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 109,483 shares of the company’s stock worth $2,866,000 after purchasing an additional 401 shares during the period. First Horizon Corp grew its position in shares of SoFi Technologies by 14.9% during the fourth quarter. First Horizon Corp now owns 3,116 shares of the company’s stock worth $82,000 after buying an additional 405 shares in the last quarter. Cigna Investments Inc. New increased its stake in shares of SoFi Technologies by 3.8% during the fourth quarter. Cigna Investments Inc. New now owns 11,440 shares of the company’s stock worth $299,000 after buying an additional 416 shares during the period. Wealthspan Partners LLC lifted its stake in SoFi Technologies by 2.4% in the fourth quarter. Wealthspan Partners LLC now owns 18,901 shares of the company’s stock worth $495,000 after acquiring an additional 450 shares during the last quarter. Finally, Trivium Point Advisory LLC increased its position in shares of SoFi Technologies by 3.6% in the 4th quarter. Trivium Point Advisory LLC now owns 14,245 shares of the company’s stock valued at $373,000 after purchasing an additional 500 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi reported record second-quarter results, with revenue of roughly $1.2 billion, approximately 40% year-over-year growth, adjusted EBITDA of $358 million and its 11th consecutive profitable quarter. EPS of $0.12 exceeded the $0.11 consensus estimate. SoFi Q2: The Everything App Inflection Just Showed Up In The Numbers
• Positive Sentiment: Management raised its full-year net-revenue outlook after adding 1.12 million members in the quarter. Financial-services revenue and fee-based revenue are expanding, with fee-based businesses reportedly accounting for 39% of total revenue, supporting diversification beyond lending. SoFi: Strong Monetization Runway
• Positive Sentiment: Record loan originations, strong cross-buy activity and new AI-powered financial-coaching initiatives reinforce SoFi’s “everything app” strategy and could support longer-term member monetization. SOFI Q2 Earnings Call Highlights Product Expansion and Guidance
• Neutral Sentiment: Options activity was unusually high, including more than 439,000 call contracts, indicating elevated investor interest but not necessarily a clear direction for the stock. Investors Purchase High Volume of SoFi Technologies Call Options
• Negative Sentiment: Full-year EPS guidance was left unchanged even as revenue expectations increased. Management plans to reinvest the additional revenue in growth, which disappointed investors seeking faster profit expansion. Why SoFi Stock Is Falling on Earnings
• Negative Sentiment: Net charge-offs increased year over year, raising concerns about credit quality and the capital intensity of SoFi’s lending growth. Morgan Stanley cut its price target to $15 and retained an Underweight rating, while Wells Fargo reduced its target to $17. SoFi Is Down After Raising Revenue Outlook Despite Higher Net Charge-Offs
• Negative Sentiment: Executive Kelli Keough’s sale of 10,954 shares contributed to a gap lower and intensified selling pressure, although the transaction appears modest relative to SoFi’s overall market value. SoFi Shares Gap Down After Insider Selling

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.