SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $18.00 at Barclays

SoFi Technologies (NASDAQ:SOFI) had its target price lowered by Barclays from $28.00 to $18.00 in a research report sent to investors on Monday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other research firms have also recently weighed in on SOFI. The Goldman Sachs Group decreased their price target on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. UBS Group set a $24.50 price target on SoFi Technologies in a report on Monday, February 2nd. Bank of America initiated coverage on SoFi Technologies in a report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price target for the company. JPMorgan Chase & Co. upgraded SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a report on Tuesday, February 3rd. Finally, 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 report on Monday, February 9th. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.32.

SoFi Technologies Stock Up 2.6%

SOFI opened at $16.27 on Monday. The firm has a 50 day moving average price of $18.83 and a 200 day moving average price of $24.56. The company has a market cap of $20.75 billion, a PE ratio of 42.82 and a beta of 2.24. SoFi Technologies has a 1 year low of $8.60 and a 1 year high of $32.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.SoFi Technologies’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 EPS. 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 at SoFi Technologies

In other news, General Counsel Robert S. Lavet purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average cost of $21.04 per share, with a total value of $105,200.00. Following the transaction, the general counsel owned 17,172 shares in the company, valued at approximately $361,298.88. The trade was a 41.08% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Jeremy Rishel sold 94,958 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the sale, the chief technology officer directly owned 839,640 shares in the company, valued at approximately $14,634,925.20. This represents a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 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 insiders.

Institutional Investors Weigh In On SoFi Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock valued at $2,906,061,000 after acquiring an additional 3,900,895 shares in the last quarter. State Street Corp raised its position in shares of SoFi Technologies by 6.7% during the 4th quarter. State Street Corp now owns 25,937,928 shares of the company’s stock valued at $679,055,000 after acquiring an additional 1,637,430 shares in the last quarter. Geode Capital Management LLC raised its position in shares of SoFi Technologies by 9.0% during the 4th quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock valued at $618,395,000 after acquiring an additional 1,951,248 shares in the last quarter. Morgan Stanley raised its position in shares of SoFi Technologies by 33.6% during the 4th quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock valued at $348,806,000 after acquiring an additional 3,350,258 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of SoFi Technologies during the 4th quarter valued at approximately $321,515,000. 38.43% of the stock is owned by institutional investors and hedge funds.

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.