SoFi (SOFI) Stock Forecast, Price Target & Predictions

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SOFI Stock Forecast

SoFi stock forecast is as follows: an average price target of $10.07 (represents a -30.17% downside from SOFI’s last price of $14.42) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.

SOFI Price Target

The average price target for SoFi (SOFI) is $10.07 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $2.50. This represents a potential -30.17% downside from SOFI's last price of $14.42.

SOFI Analyst Ratings

Hold

According to 16 Wall Street analysts, SoFi's rating consensus is 'Hold'. The analyst rating breakdown for SOFI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (31.25%), 10 'Hold' (62.50%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

SoFi Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 30, 2024	Michael Ng	Goldman Sachs	$8.50	$11.22	-24.24%	-41.05%
Oct 29, 2024	John Hecht	Jefferies	$13.00	$10.47	24.16%	-9.85%
Oct 18, 2024	Andrew Schmidt	Citigroup	$12.50	$9.87	26.65%	-13.31%
Jul 31, 2024	Michael Ng	Goldman Sachs	$7.50	$7.54	-0.53%	-47.99%
Jul 09, 2024	Terry Ma	Barclays	$8.00	$6.35	25.98%	-44.52%
Apr 30, 2024	Tim Chiodo	UBS	$7.50	$7.04	6.46%	-47.99%
Apr 11, 2024	Mark DeVries	Deutsche Bank	$12.00	$7.56	58.73%	-16.78%
Apr 03, 2024	Kyle Peterson	Needham	$10.00	$7.20	38.89%	-30.65%
Jan 10, 2024	Mark Devries	Deutsche Bank	$11.00	$8.48	29.72%	-23.72%
Oct 30, 2023	Michael Ng	Goldman Sachs	$7.00	$6.92	1.23%	-51.46%

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The latest SoFi stock forecast, released on Oct 30, 2024 by Michael Ng from Goldman Sachs, set a price target of $8.50, which represents a -24.24% decrease from the stock price at the time of the forecast ($11.22), and a -41.05% decrease from SOFI last price ($14.42).

SoFi Price Target by Period

	1M	3M	12M
# Anlaysts	2	3	9
Avg Price Target	$10.75	$11.33	$10.00
Last Closing Price	$14.42	$14.42	$14.42
Upside/Downside	-25.45%	-21.43%	-30.65%

In the current month, the average price target of SoFi stock is $10.75, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -25.45% decrease as opposed to SoFi's last price of $14.42. This month's average price target is down -5.12% compared to last quarter, and up 7.50% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 30, 2024	Needham	Buy	Buy	Hold
Oct 30, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Oct 29, 2024	Jefferies	Buy	Buy	Hold
Oct 29, 2024	Goldman Sachs	Neutral	Neutral	Hold
Oct 18, 2024	Citigroup	Buy	Buy	Hold
Oct 14, 2024	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
Jul 31, 2024	Goldman Sachs	Neutral	Neutral	Hold
Jul 31, 2024	Needham	Market Perform	Market Perform	Hold
Jul 31, 2024	Keefe, Bruyette & Woods	Underperform	Underperform	Hold
Jul 09, 2024	Barclays	Equal-Weight	Equal-Weight	Hold

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SoFi's last stock rating was published by Needham on Oct 30, 2024. The company gave SOFI a "Buy" rating, the same as its previous rate.

SoFi Financial Forecast

SoFi Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$645.24M	$537.21M	$498.02M	$472.16M	$456.68M	$423.99M	$362.53M	$330.34M	$285.61M	$272.01M	$231.27M	$195.98M
Avg Forecast	$983.33M	$971.18M	$901.42M	$842.61M	$816.48M	$796.60M	$741.19M	$691.76M	$669.58M	$631.60M	$565.19M	$557.73M	$572.02M	$511.37M	$473.94M	$440.57M	$425.62M	$393.44M	$340.76M	$285.18M	$279.47M	$251.46M	$218.60M	$226.70M
High Forecast	$1.02B	$1.01B	$934.29M	$873.33M	$846.25M	$825.65M	$768.21M	$708.77M	$683.25M	$634.45M	$565.19M	$558.96M	$582.77M	$527.01M	$491.22M	$456.64M	$441.14M	$393.44M	$340.76M	$285.18M	$279.47M	$251.46M	$218.60M	$226.70M
Low Forecast	$932.19M	$920.66M	$854.54M	$798.78M	$774.01M	$755.17M	$702.64M	$681.75M	$636.06M	$628.75M	$565.19M	$556.50M	$560.52M	$464.92M	$449.29M	$417.66M	$403.49M	$393.44M	$340.76M	$285.18M	$279.47M	$251.46M	$218.60M	$226.70M
# Analysts	4	4	4	4	2	2	2	6	6	3	8	5	9	12	10	10	5	5	5	5	6	6	6	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.13%	1.05%	1.05%	1.07%	1.07%	1.08%	1.06%	1.16%	1.02%	1.08%	1.06%	0.86%

SoFi's average Quarter revenue forecast for Mar 24 based on 5 analysts is $557.73M, with a low forecast of $556.50M, and a high forecast of $558.96M. SOFI's average Quarter revenue forecast represents a -13.56% decrease compared to the company's last Quarter revenue of $645.24M (Dec 23).

SoFi EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	4	4	4	4	2	2	2	6	6	3	8	5	9	12	10	10	5	5	5	5	6	6	6	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$44.67M	$-266.44M	$-45.77M	$99.50M	$102.23M	$5.99M	$-30.88M	$-55.43M	$-64.72M	$15.44M	$-112.31M	$-115.24M
Avg Forecast	$56.42M	$55.72M	$51.72M	$48.34M	$46.84M	$45.70M	$42.52M	$39.69M	$38.41M	$36.24M	$32.43M	$32.00M	$32.82M	$29.34M	$27.19M	$25.28M	$24.42M	$-116.51M	$-100.90M	$-84.45M	$-82.76M	$-74.46M	$-377.39M	$-67.13M
High Forecast	$58.47M	$57.75M	$53.60M	$50.10M	$48.55M	$47.37M	$44.07M	$40.66M	$39.20M	$36.40M	$32.43M	$32.07M	$33.43M	$30.24M	$28.18M	$26.20M	$25.31M	$-116.51M	$-100.90M	$-84.45M	$-82.76M	$-74.46M	$-301.91M	$-67.13M
Low Forecast	$53.48M	$52.82M	$49.03M	$45.83M	$44.41M	$43.33M	$40.31M	$39.11M	$36.49M	$36.07M	$32.43M	$31.93M	$32.16M	$26.67M	$25.78M	$23.96M	$23.15M	$-116.51M	$-100.90M	$-84.45M	$-82.76M	$-74.46M	$-452.86M	$-67.13M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.36%	-9.08%	-1.68%	3.94%	4.19%	-0.05%	0.31%	0.66%	0.78%	-0.21%	0.30%	1.72%

5 analysts predict SOFI's average Quarter EBITDA for Mar 24 to be $32.00M, with a high of $32.07M and a low of $31.93M. This is -28.37% lower than SoFi's previous annual EBITDA (Dec 23) of $44.67M.

SoFi Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	4	4	4	4	2	2	2	6	6	3	8	5	9	12	10	10	5	5	5	5	6	6	6	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$47.91M	$-266.68M	$-47.55M	$-34.42M	$-40.01M	$-74.21M	$-95.83M	$-110.36M	$-111.01M	$-30.05M	$-165.31M	$-177.56M
Avg Forecast	$143.37M	$139.99M	$111.51M	$101.59M	$76.77M	$81.75M	$80.09M	$56.82M	$39.29M	$44.94M	$5.21M	$7.72M	$4.47M	$-87.48M	$-72.67M	$-88.65M	$-103.95M	$-113.07M	$-141.22M	$-152.66M	$-170.17M	$-148.91M	$-722.66M	$-53.26M
High Forecast	$150.16M	$146.63M	$116.80M	$106.41M	$80.40M	$85.63M	$83.89M	$79.55M	$49.11M	$46.43M	$5.37M	$7.73M	$4.68M	$-81.57M	$-67.76M	$-82.66M	$-96.92M	$-113.07M	$-141.22M	$-152.66M	$-170.17M	$-148.91M	$-578.13M	$-53.26M
Low Forecast	$133.67M	$130.52M	$103.97M	$94.72M	$71.58M	$76.22M	$74.68M	$45.46M	$29.47M	$43.46M	$5.06M	$7.72M	$4.16M	$-91.63M	$-76.11M	$-92.86M	$-108.87M	$-113.07M	$-141.22M	$-152.66M	$-170.17M	$-148.91M	$-867.19M	$-53.26M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	10.73%	3.05%	0.65%	0.39%	0.38%	0.66%	0.68%	0.72%	0.65%	0.20%	0.23%	3.33%

SoFi's average Quarter net income forecast for Mar 24 is $7.72M, with a range of $7.72M to $7.73M. SOFI's average Quarter net income forecast represents a -83.88% decrease compared to the company's last Quarter net income of $47.91M (Dec 23).

SoFi SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	4	4	4	4	2	2	2	6	6	3	8	5	9	12	10	10	5	5	5	5	6	6	6	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$306.39M	$311.18M	$314.00M	$298.84M	$286.79M	$288.33M	$269.68M	$274.64M	$254.87M	$155.45M	$266.17M	$248.93M
Avg Forecast	$804.14M	$794.20M	$737.15M	$689.06M	$667.69M	$651.44M	$606.12M	$565.70M	$547.56M	$516.50M	$462.19M	$456.09M	$467.78M	$418.18M	$387.57M	$360.29M	$348.06M	$323.02M	$279.77M	$234.14M	$229.45M	$206.45M	$179.47M	$186.13M
High Forecast	$833.46M	$823.15M	$764.03M	$714.18M	$692.03M	$675.19M	$628.22M	$579.61M	$558.74M	$518.83M	$462.19M	$457.10M	$476.57M	$430.97M	$401.70M	$373.42M	$360.75M	$323.02M	$279.77M	$234.14M	$229.45M	$206.45M	$179.47M	$186.13M
Low Forecast	$762.31M	$752.89M	$698.81M	$653.22M	$632.96M	$617.55M	$574.59M	$557.51M	$520.15M	$514.17M	$462.19M	$455.09M	$458.37M	$380.20M	$367.41M	$341.55M	$329.96M	$323.02M	$279.77M	$234.14M	$229.45M	$206.45M	$179.47M	$186.13M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.65%	0.74%	0.81%	0.83%	0.82%	0.89%	0.96%	1.17%	1.11%	0.75%	1.48%	1.34%

SoFi's average Quarter SG&A projection for Mar 24 is $456.09M, based on 5 Wall Street analysts, with a range of $455.09M to $457.10M. The forecast indicates a 48.86% rise compared to SOFI last annual SG&A of $306.39M (Dec 23).

SoFi EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	4	4	4	4	2	2	2	6	6	3	8	5	9	12	10	10	5	5	5	5	6	6	6	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.05	$-0.28	$-0.05	$-0.04	$-0.04	$-0.08	$-0.11	$-0.13	$-0.14	$-0.05	$-0.48	$-1.61
Avg Forecast	$0.13	$0.13	$0.10	$0.09	$0.07	$0.07	$0.07	$0.05	$0.04	$0.04	-	$0.01	-	$-0.08	$-0.07	$-0.08	$-0.09	$-0.11	$-0.13	$-0.14	$-0.16	$-0.14	$-0.06	$-0.05
High Forecast	$0.14	$0.13	$0.11	$0.10	$0.07	$0.08	$0.08	$0.07	$0.04	$0.04	-	$0.01	-	$-0.07	$-0.06	$-0.07	$-0.09	$-0.11	$-0.13	$-0.14	$-0.16	$-0.14	$-0.06	$-0.05
Low Forecast	$0.12	$0.12	$0.09	$0.09	$0.06	$0.07	$0.07	$0.04	$0.03	$0.04	-	$0.01	-	$-0.08	$-0.07	$-0.08	$-0.10	$-0.11	$-0.13	$-0.14	$-0.16	$-0.14	$-0.06	$-0.05
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	11.50%	3.53%	0.77%	0.46%	0.46%	0.76%	0.83%	0.91%	0.88%	0.36%	8.73%	32.20%

According to 5 Wall Street analysts, SoFi's projected average Quarter EPS for Mar 24 is $0.01, with a low estimate of $0.01 and a high estimate of $0.01. This represents a -84.96% decrease compared to SOFI previous annual EPS of $0.05 (Dec 23).

SoFi Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LCID	Lucid Group	$2.10	$8.59	309.05%	Hold
RBLX	Roblox	$52.24	$52.50	0.50%	Buy
AFRM	Affirm	$63.96	$46.29	-27.63%	Buy
SOFI	SoFi	$14.42	$10.07	-30.17%	Hold
UPST	Upstart	$71.11	$40.68	-42.79%	Hold
PLTR	Palantir	$62.98	$24.34	-61.35%	Hold

SOFI Forecast FAQ

Is SoFi a good buy?

No, according to 16 Wall Street analysts, SoFi (SOFI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 31.25% of SOFI's total ratings.

What is SOFI's price target?

SoFi (SOFI) average price target is $10.07 with a range of $2.5 to $22, implying a -30.17% from its last price of $14.42. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will SoFi stock go up soon?

According to Wall Street analysts' prediction for SOFI stock, the company can go down by -30.17% (from the last price of $14.42 to the average price target of $10.07), up by 52.57% based on the highest stock price target, and down by -82.66% based on the lowest stock price target.

Can SoFi stock reach $20?

SOFI's highest twelve months analyst stock price target of $22 supports the claim that SoFi can reach $20 in the near future.

What is SoFi's current price target trend?

2 Wall Street analysts forecast a $10.75 price target for SoFi (SOFI) this month, down -25.45% from its last price of $14.42. Compared to the last 3 and 12 months, the average price target decreased by -21.43% and decreased by -30.65%, respectively.

What are SoFi's analysts' financial forecasts?

SoFi's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.05B (high $3.15B, low $2.91B), average EBITDA is $174.76M (high $180.66M, low $167.16M), average net income is $295.43M (high $329.47M, low $267.93M), average SG&A $2.49B (high $2.58B, low $2.38B), and average EPS is $0.267 (high $0.298, low $0.243). SOFI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.7B (high $3.83B, low $3.51B), average EBITDA is $212.19M (high $219.93M, low $201.15M), average net income is $496.45M (high $519.99M, low $462.88M), average SG&A $3.02B (high $3.13B, low $2.87B), and average EPS is $0.45 (high $0.471, low $0.419).

Did the SOFI's actual financial results beat the analysts' financial forecasts?

Based on SoFi's last annual report (Dec 2023), the company's revenue was $2.05B, beating the average analysts forecast of $2B by 2.66%. Apple's EBITDA was $-300M, missing the average prediction of $114.62M by -362.01%. The company's net income was $-301M, beating the average estimation of $-244M by 23.08%. Apple's SG&A was $1.23B, missing the average forecast of $1.63B by -24.69%. Lastly, the company's EPS was $-0.32, beating the average prediction of $-0.221 by 44.65%. In terms of the last quarterly report (Dec 2023), SoFi's revenue was $645.24M, beating the average analysts' forecast of $572.02M by 12.80%. The company's EBITDA was $44.67M, beating the average prediction of $32.82M by 36.11%. SoFi's net income was $47.91M, beating the average estimation of $4.47M by 973.01%. The company's SG&A was $306.39M, missing the average forecast of $467.78M by -34.50%. Lastly, the company's EPS was $0.0465, beating the average prediction of $0.00404 by 1050.14%