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SoFi Technologies Inc has a consensus price target of $9.91 based on the ratings of 26 analysts. The high is $22 issued by Rosenblatt on February 23, 2022. The low is $3 issued by Wedbush on April 30, 2024. The 3 most-recent analyst ratings were released by Mizuho, Barclays, and Goldman Sachs on November 19, 2024, October 30, 2024, and October 30, 2024, respectively. With an average price target of $11.17 between Mizuho, Barclays, and Goldman Sachs, there's an implied -30.60% downside for SoFi Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SoFi Techs (NASDAQ:SOFI) was reported by Mizuho on November 19, 2024. The analyst firm set a price target for $16.00 expecting SOFI to fall to within 12 months (a possible -0.56% downside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for SoFi Techs (NASDAQ:SOFI) was provided by Mizuho, and SoFi Techs maintained their outperform rating.
The last upgrade for SoFi Technologies Inc happened on April 5, 2024 when Keefe, Bruyette & Woods raised their price target to $7.5. Keefe, Bruyette & Woods previously had an underperform for SoFi Technologies Inc.
The last downgrade for SoFi Technologies Inc happened on January 31, 2024 when Morgan Stanley changed their price target from $7 to $6.5 for SoFi Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SoFi Techs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SoFi Techs was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest SoFi Techs (SOFI) rating was a maintained with a price target of $14.00 to $16.00. The current price SoFi Techs (SOFI) is trading at is $16.09, which is out of the analyst’s predicted range.
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