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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 $10.50 (represents a -36.97% downside from SOFI’s last price of $16.66) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.

SOFI Price Target

The average price target for SoFi (SOFI) is $10.50 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $8.00. This represents a potential -36.97% downside from SOFI's last price of $16.66.

SOFI Analyst Ratings

Hold

According to 15 Wall Street analysts, SoFi's rating consensus is 'Hold'. The analyst rating breakdown for SOFI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (33.33%), 9 'Hold' (60.00%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

SoFi Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Michael NgGoldman Sachs$8.50$11.22-24.24%-48.98%
Oct 29, 2024John HechtJefferies$13.00$10.4724.16%-21.97%
Oct 18, 2024Andrew SchmidtCitigroup$12.50$9.8726.65%-24.97%
Jul 31, 2024Michael NgGoldman Sachs$7.50$7.54-0.53%-54.98%
Jul 09, 2024Terry MaBarclays$8.00$6.3525.98%-51.98%
Apr 30, 2024Tim ChiodoUBS$7.50$7.046.46%-54.98%
Apr 11, 2024Mark DeVriesDeutsche Bank$12.00$7.5658.73%-27.97%
Apr 03, 2024Kyle PetersonNeedham$10.00$7.2038.89%-39.98%
Jan 10, 2024Mark DevriesDeutsche Bank$11.00$8.4829.72%-33.97%
Oct 30, 2023Michael NgGoldman Sachs$7.00$6.921.23%-57.98%
Jul 25, 2023Vincent CainticStephens$7.00$9.33-24.97%-57.98%
Jul 14, 2023Andrew JeffreyTruist Financial$11.00$9.0821.15%-33.97%
Jul 13, 2023Jeffrey AdelsonMorgan Stanley$7.00$9.05-22.69%-57.98%
Jun 23, 2023Giuliano BolognaCompass Point$5.00$8.05-37.93%-69.99%
Jun 16, 2023Mihir BhatiaOppenheimer$10.00$8.7114.81%-39.98%
Jun 14, 2023Lance JessurunBTIG$14.00$9.7843.16%-15.97%
May 15, 2023David ChiaveriniWedbush$2.50$4.63-45.95%-84.99%
Feb 08, 2023Morgan Stanley$6.50$7.29-10.78%-60.98%
Dec 15, 2022Piper Sandler$7.50$4.7059.57%-54.98%
Dec 01, 2022Morgan Stanley$5.00$4.764.93%-69.99%
Nov 23, 2022Wedbush$6.00$4.6828.21%-63.99%
Nov 02, 2022Timothy ChiodoCredit Suisse$8.00$5.1256.40%-51.98%
Aug 25, 2022Jeffrey AdelsonMorgan Stanley$7.50$6.5414.68%-54.98%
Aug 15, 2022Dan DolevMizuho Securities$8.00$7.654.58%-51.98%
Aug 03, 2022Credit Suisse$8.50$6.4132.61%-48.98%
Jul 07, 2022Mizuho Securities$7.00$6.0316.07%-57.98%
Jul 05, 2022Kevin BarkerPiper Sandler$8.00$5.4147.87%-51.98%
May 18, 2022Dan DolevMizuho Securities$9.00$7.0527.66%-45.98%
May 16, 2022Kevin BarkerPiper Sandler$10.00$6.7548.15%-39.98%
May 11, 2022Mihir BhatiaBank of America Securities$7.00$5.2533.33%-57.98%
Apr 25, 2022Dan DolevMizuho Securities$14.00$6.39119.09%-15.97%
Apr 09, 2022Eugene SimuniMoffettNathanson$13.00$7.8765.18%-21.97%
Apr 09, 2022Betsy GraseckMorgan Stanley$10.00$7.8727.06%-39.98%
Mar 15, 2022Kevin BarkerPiper Sandler$12.00$8.2046.34%-27.97%
Mar 03, 2022Mihir BhatiaBank of America Securities$14.00$10.6930.96%-15.97%
Mar 01, 2022Sean HorganRosenblatt Securities$22.00$11.2096.43%32.05%
Feb 14, 2022Mihir BhatiaBank of America Securities$17.00$12.0041.67%2.04%
Jan 11, 2022Michael PeritoKBW$18.00$13.9429.12%8.04%

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 -48.98% decrease from SOFI last price ($16.66).

SoFi Price Target by Period

1M3M12M
# Anlaysts-39
Avg Price Target-$11.33$10.00
Last Closing Price$16.66$16.66$16.66
Upside/Downside-100.00%-31.99%-39.98%

In the current month, the average price target of SoFi stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SoFi's last price of $16.66. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 10, 2024JefferiesBuyBuyHold
Dec 09, 2024Bank of America SecuritiesNeutralUnderperformDowngrade
Oct 30, 2024NeedhamBuyBuyHold
Oct 30, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 29, 2024JefferiesBuyBuyHold
Oct 29, 2024Goldman SachsNeutralNeutralHold
Oct 18, 2024CitigroupBuyBuyHold
Oct 14, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 31, 2024Goldman SachsNeutralNeutralHold
Jul 31, 2024NeedhamMarket PerformMarket PerformHold
Jul 31, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 09, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 02, 2024NeedhamBuyBuyHold
Jul 02, 2024WedbushMarket PerformMarket PerformHold
Jul 02, 2024NeedhamUnderperformUnderperformHold
Jun 07, 2024Piper SandlerUnderperformUnderperformHold
Jun 07, 2024WedbushMarket PerformMarket PerformHold
May 21, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 30, 2024Piper SandlerUnderperformUnderperformHold
Apr 30, 2024WedbushMarket PerformMarket PerformHold
Apr 30, 2024Bank of America SecuritiesNeutralNeutralHold
Apr 30, 2024UBSNeutralNeutralHold
Apr 30, 2024Deutsche BankHoldHoldHold
Apr 29, 2024WedbushUnderperformUnderperformHold
Apr 03, 2024NeedhamBuyInitialise
Mar 26, 2024Piper SandlerUnderperformUnderperformHold
Mar 13, 2024WedbushUnderperformUnderperformHold
Mar 06, 2024WedbushBuyBuyHold
Mar 06, 2024Morgan StanleyUnderperformUnderperformHold
Jan 10, 2024Deutsche BankHoldInitialise
Oct 18, 2023Keefe, Bruyette & WoodsUnderperformMarket PerformUpgrade
Aug 17, 2023CitigroupBuyBuyHold
Aug 01, 2023Keefe, Bruyette & WoodsUnderperformDowngrade
Jul 25, 2023StephensEqual-WeightInitialise
Jul 13, 2023Morgan StanleyEqual-WeightUnderweightDowngrade
Jun 23, 2023Compass PointSellInitialise
Jun 16, 2023Piper SandlerOverweightNeutralDowngrade
Jun 15, 2023OppenheimerPerformDowngrade
Jun 14, 2023BTIGNeutralInitialise
May 15, 2023WedbushOutperformUnderperformDowngrade
Feb 15, 2023Goldman SachsSellSellHold
Dec 15, 2022Piper SandlerOverweightOverweightHold
Dec 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 23, 2022WedbushOutperformOutperformHold
Nov 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 02, 2022Mizuho SecuritiesBuyBuyHold
Sep 14, 2022Bank of America SecuritiesNeutralBuyUpgrade
Aug 26, 2022Mizuho SecuritiesBuyBuyHold
Aug 25, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 24, 2022CitigroupBuyBuyUpgrade
Aug 03, 2022Mizuho SecuritiesBuyBuyHold
Aug 03, 2022Bank of America SecuritiesNeutralNeutralHold
Aug 03, 2022Credit SuisseNeutralNeutralHold
Jul 05, 2022Piper SandlerOverweightOverweightHold
May 16, 2022Piper SandlerOverweightNeutralUpgrade
May 16, 2022WedbushBuyNeutralUpgrade
May 16, 2022Piper SandlerNeutralOverweightUpgrade
May 15, 2022CitigroupBuyBuyHold
May 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 11, 2022Credit SuisseNeutralNeutralHold
May 11, 2022Mizuho SecuritiesBuyBuyHold
May 11, 2022Bank of America SecuritiesHoldHoldHold
Apr 25, 2022WedbushBuyBuyHold
Apr 09, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 09, 2022MoffettNathansonBuyInitialise
Mar 20, 2022Morgan StanleyOverweightEqual-WeightDowngrade
Mar 15, 2022Piper SandlerNeutralInitialise
Oct 11, 2021Morgan StanleyOverweightInitialise
Sep 23, 2021JefferiesBuyInitialise

SoFi's last stock rating was published by Jefferies on Dec 10, 2024. The company gave SOFI a "Buy" rating, the same as its previous rate.

SoFi Financial Forecast

SoFi Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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$964.36M$933.23M$896.15M$836.08M$811.00M$783.61M$740.22M$691.28M$669.16M$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$1.01B$977.33M$938.50M$875.59M$849.33M$820.64M$775.20M$721.96M$690.23M$634.45M$565.19M$558.96M$582.77M$527.01M$496.34M$461.39M$445.74M$393.44M$340.76M$285.18M$279.47M$251.46M$218.60M$226.70M
Low Forecast$896.52M$867.59M$833.11M$777.27M$753.96M$728.49M$688.15M$643.66M$637.44M$628.75M$565.19M$556.50M$560.52M$464.92M$440.60M$409.58M$395.68M$393.44M$340.76M$285.18M$279.47M$251.46M$218.60M$226.70M
# Analysts222211156385912101055556666
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211156385912101055556666
EBITDA------------$44.67M$-266.44M$-45.77M$99.50M$102.23M$5.99M$-30.88M$-55.43M$-64.72M$15.44M$-112.31M$-115.24M
Avg Forecast$-308.57M$-298.61M$-286.74M$-267.52M$-259.50M$-250.74M$-236.85M$-221.19M$-214.11M$-202.09M$-180.85M$-178.46M$-183.03M$-163.63M$-151.65M$-140.97M$-136.19M$-116.51M$-100.90M$-84.45M$-82.76M$-74.46M$-377.39M$-67.13M
High Forecast$-286.86M$-277.61M$-266.57M$-248.71M$-241.25M$-233.10M$-220.19M$-205.95M$-203.97M$-201.18M$-180.85M$-178.07M$-179.35M$-148.76M$-140.98M$-131.06M$-126.61M$-116.51M$-100.90M$-84.45M$-82.76M$-74.46M$-301.91M$-67.13M
Low Forecast$-323.15M$-312.72M$-300.29M$-280.17M$-271.76M$-262.58M$-248.04M$-231.01M$-220.86M$-203.01M$-180.85M$-178.85M$-186.47M$-168.63M$-158.81M$-147.63M$-142.62M$-116.51M$-100.90M$-84.45M$-82.76M$-74.46M$-452.86M$-67.13M
Surprise %-------------0.24%1.63%0.30%-0.71%-0.75%-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 $-178.46M, with a high of $-178.07M and a low of $-178.85M. This is -499.52% lower than SoFi's previous annual EBITDA (Dec 23) of $44.67M.

SoFi Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211156385912101055556666
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$142.84M$139.30M$112.59M$103.10M$76.74M$80.29M$80.65M$57.73M$39.34M$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$151.61M$147.86M$119.50M$109.44M$81.45M$85.22M$85.60M$80.83M$49.17M$46.43M$5.37M$7.73M$4.74M$-79.48M$-66.02M$-80.55M$-94.44M$-113.07M$-141.22M$-152.66M$-170.17M$-148.91M$-578.13M$-53.26M
Low Forecast$129.77M$126.57M$102.29M$93.68M$69.72M$72.95M$73.27M$46.19M$29.50M$43.46M$5.06M$7.72M$4.06M$-92.86M$-77.13M$-94.10M$-110.33M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211156385912101055556666
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$1.07B$1.04B$998.82M$931.87M$903.92M$873.39M$825.02M$770.48M$745.82M$703.96M$629.94M$621.63M$637.55M$569.96M$528.24M$491.05M$474.39M$323.02M$279.77M$234.14M$229.45M$206.45M$179.47M$186.13M
High Forecast$1.13B$1.09B$1.05B$975.90M$946.63M$914.66M$864.01M$804.68M$769.31M$707.13M$629.94M$622.99M$649.53M$587.39M$553.20M$514.25M$496.80M$323.02M$279.77M$234.14M$229.45M$206.45M$179.47M$186.13M
Low Forecast$999.23M$966.99M$928.56M$866.32M$840.33M$811.95M$766.99M$717.40M$710.47M$700.78M$629.94M$620.26M$624.74M$518.19M$491.08M$456.51M$441.02M$323.02M$279.77M$234.14M$229.45M$206.45M$179.47M$186.13M
Surprise %------------0.48%0.55%0.59%0.61%0.60%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 $621.63M, based on 5 Wall Street analysts, with a range of $620.26M to $622.99M. The forecast indicates a 102.89% rise compared to SOFI last annual SG&A of $306.39M (Dec 23).

SoFi EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211156385912101055556666
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$0.11$0.09$0.08$0.06$0.07$0.07$0.04$0.03$0.04-$0.01-$-0.08$-0.07$-0.09$-0.10$-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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LCIDLucid Group$2.76$3.1514.13%Hold
RBLXRoblox$61.25$50.40-17.71%Buy
AFRMAffirm$70.89$55.14-22.22%Buy
SOFISoFi$16.66$10.50-36.97%Hold
UPSTUpstart$82.99$49.20-40.72%Hold
PLTRPalantir$74.39$42.17-43.31%Hold

SOFI Forecast FAQ

Is SoFi a good buy?

No, according to 15 Wall Street analysts, SoFi (SOFI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 33.33% of SOFI's total ratings.

What is SOFI's price target?

SoFi (SOFI) average price target is $10.5 with a range of $8 to $13, implying a -36.97% from its last price of $16.66. The data is based on 15 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 -36.97% (from the last price of $16.66 to the average price target of $10.5), down by -21.97% based on the highest stock price target, and down by -51.98% based on the lowest stock price target.

Can SoFi stock reach $20?

SOFI's average twelve months analyst stock price target of $10.5 does not support the claim that SoFi can reach $20 in the near future.

What are SoFi's analysts' financial forecasts?

SoFi's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.03B (high $3.17B, low $2.81B), average EBITDA is $-968M (high $-900M, low $-1.013B), average net income is $295.41M (high $333.1M, low $262.13M), average SG&A $3.37B (high $3.53B, low $3.14B), and average EPS is $0.267 (high $0.302, low $0.237). SOFI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.63B (high $3.8B, low $3.37B), average EBITDA is $-1.161B (high $-1.08B, low $-1.216B), average net income is $497.83M (high $528.41M, low $452.31M), average SG&A $4.05B (high $4.24B, low $3.76B), and average EPS is $0.451 (high $0.478, low $0.41).

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 $-639M by -53.02%. 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 $2.23B by -44.75%. 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, missing the average prediction of $-183M by -124.40%. 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 $637.55M by -51.94%. Lastly, the company's EPS was $0.0465, beating the average prediction of $0.00404 by 1050.14%