SoFi Technologies (NASDAQ:SOFI) Now Covered by Analysts at Wells Fargo & Company

Equities research analysts at Wells Fargo & Company initiated coverage on shares of SoFi Technologies (NASDAQ:SOFI) in a note issued to investors on Thursday, MarketBeat Ratings reports. The firm set an “equal weight” rating and a $19.00 price target on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 10.59% from the stock’s current price.

SOFI has been the topic of several other reports. Barclays boosted their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price target on the stock in a research report on Monday, February 9th. Needham & Company LLC dropped their price objective on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, Truist Financial cut their price objective on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Seven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.91.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $17.18 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. SoFi Technologies has a one year low of $8.60 and a one year high of $32.73. The business’s 50 day simple moving average is $21.49 and its 200 day simple moving average is $25.48. The stock has a market capitalization of $21.91 billion, a PE ratio of 45.21 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data 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. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same period in the previous year, the business earned $0.05 EPS. The firm’s revenue was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, research analysts forecast that SoFi Technologies will post 0.26 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Steven J. Freiberg sold 94,225 shares of SoFi Technologies 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 directly owned 588,849 shares in the company, valued at $11,959,523.19. The trade was a 13.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Robert S. Lavet bought 5,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were acquired at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the acquisition, the general counsel owned 17,172 shares in the company, valued at approximately $361,298.88. This represents a 41.08% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 38,900 shares of company stock worth $705,398 and have sold 217,874 shares worth $4,253,667. 2.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On SoFi Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies during the 4th quarter valued at about $25,000. Blue Trust Inc. raised its holdings in shares of SoFi Technologies by 655.2% during the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after purchasing an additional 878 shares during the last quarter. Vermillion Wealth Management Inc. raised its holdings in shares of SoFi Technologies by 283.1% during the fourth quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 739 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in SoFi Technologies during the fourth quarter valued at approximately $28,000. Finally, Reflection Asset Management purchased a new stake in SoFi Technologies in the fourth quarter worth approximately $28,000. Institutional investors own 38.43% of the company’s stock.

SoFi Technologies News Roundup

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

• Positive Sentiment: CEO Anthony Noto bought ~28,900 shares (~$500k) after the short‑seller attack, a visible insider vote of confidence that helped stabilize the share price. SoFi Calls Short Seller Report ‘Factually Inaccurate and Misleading,’ Stock Rises as CEO Noto Buys Shares
• Positive Sentiment: Third‑party recognition: SoFi Invest ranked #1 in JD Power’s 2026 U.S. Investor Satisfaction study for DIY investors — a branding and engagement win that supports fee revenue and member growth over time. SoFi Ranks #1 in JD Power 2026
• Neutral Sentiment: Fundamentals and outlook remain mixed: recent results showed revenue and EPS beats and FY guidance, but valuation (high P/E) and execution/credit risks are noted by analysts — supporting medium‑term upside but adding near‑term uncertainty. Assessing Whether SoFi Technologies (SOFI) Looks Overvalued After Recent Share Price Weakness
• Neutral Sentiment: Company narrative and strategy coverage (bank charter, SoFiUSD/Mastercard integration, cross‑sell) provide longer‑term catalysts but are not immediate fixes to the short‑report noise. Can SoFi Shares Thrive Through Maturity?
• Negative Sentiment: Muddy Waters’ short report accused SoFi of “financial engineering” and raised accounting/balance‑sheet questions; that allegation triggered selling and elevated regulatory/governance scrutiny. Short‑Seller Allegations
• Negative Sentiment: Analysts flagged follow‑up questions after the short report, extending downside pressure until forensic answers or regulatory reviews are provided. Analyst Flags ‘New Questions’ After Short Report
• Negative Sentiment: CTO Jeremy Rishel sold 94,958 shares (~$1.65M at ~$17.43), reducing his stake by ~10% — negative optics for investor sentiment despite management’s larger buy. CTO Sale SEC Filing
• Negative Sentiment: Broader market/credit moves (reports of lending restrictions at big banks) have pressured fintech/credit names, amplifying short‑term downside risk for SOFI. Private Credit Headwinds

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.