SoFi Technologies, Inc. (SOFI): Solid Quarter, Softer Forecasts

3 hours ago 1

Rameen Kasana

Sat, May 23, 2026 astatine 9:51 AM CDT 2 min read

SoFi Technologies, Inc. (NASDAQ:SOFI) is among the most traded US stocks truthful acold successful 2026. On May 12, Matthew Coad, an expert astatine Truist, trimmed the terms people connected SoFi Technologies, Inc. (NASDAQ:SOFI) to $17 from $20 and maintained a Hold rating. This downward revision was attributed to little Q2 gross estimates owed to income assumptions and weaker expectations for the company’s exertion level segment.

Previously, Dan Dolev from Mizuho chopped the terms people connected SoFi Technologies, Inc. (NASDAQ:SOFI) to $29 from $38 and maintained an Outperform rating. This follows the company’s Q1 report, which the steadfast views arsenic “solid.” The company’s subordinate maturation “remained robust,” the steadfast said, portion reducing estimates for this twelvemonth and the next.

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Overall, the institution has an awesome quarterly gross maturation (YoY) of 42.50% and quarterly net maturation (YoY) of 134.40%. Yet, it remains overvalued astatine its existent P/E ratio (ttm) of 34.86. The institution is simply a Buy for 31% of analysts, Neutral for 50%, and bearish for the remaining 19%. That said, SoFi Technologies, Inc. (NASDAQ:SOFI) is among the astir traded US stocks truthful acold successful 2026.

SoFi Technologies, Inc. (NASDAQ:SOFI) is simply a California-based supplier of fiscal services. Founded successful 2011, the institution operates done Lending, Technology Platform, and Financial Services segments.

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