SoFi (SOFI) Stock Forecast, Price Target & Predictions
SOFI Stock Forecast
SoFi stock forecast is as follows: an average price target of $9.74 (represents a 25.84% upside from SOFI’s last price of $7.74) 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 $9.74 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $2.50. This represents a potential 25.84% upside from SOFI's last price of $7.74.
SOFI Analyst Ratings
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%), 4 'Buy' (26.67%), 10 'Hold' (66.67%), 1 'Sell' (6.67%), 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 |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Michael Ng | Goldman Sachs | $7.50 | $7.54 | -0.53% | -3.10% |
| Jul 09, 2024 | Terry Ma | Barclays | $8.00 | $6.35 | 25.98% | 3.36% |
| Apr 30, 2024 | Tim Chiodo | UBS | $7.50 | $7.04 | 6.46% | -3.10% |
| Apr 11, 2024 | Mark DeVries | Deutsche Bank | $12.00 | $7.56 | 58.73% | 55.04% |
| Apr 03, 2024 | Kyle Peterson | Needham | $10.00 | $7.20 | 38.89% | 29.20% |
| Jan 10, 2024 | Mark Devries | Deutsche Bank | $11.00 | $8.48 | 29.72% | 42.12% |
| Oct 30, 2023 | Michael Ng | Goldman Sachs | $7.00 | $6.92 | 1.23% | -9.56% |
| Jul 25, 2023 | Vincent Caintic | Stephens | $7.00 | $9.33 | -24.97% | -9.56% |
| Jul 14, 2023 | Andrew Jeffrey | Truist Financial | $11.00 | $9.08 | 21.15% | 42.12% |
| Jul 13, 2023 | Jeffrey Adelson | Morgan Stanley | $7.00 | $9.05 | -22.69% | -9.56% |
The latest SoFi stock forecast, released on Jul 31, 2024 by Michael Ng from Goldman Sachs, set a price target of $7.50, which represents a -0.53% decrease from the stock price at the time of the forecast ($7.54), and a -3.10% decrease from SOFI last price ($7.74).
SoFi Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $7.75 | $9.00 |
| Last Closing Price | $7.74 | $7.74 | $7.74 |
| Upside/Downside | -100.00% | 0.13% | 16.28% |
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 $7.74. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jul 02, 2024 | Needham | Buy | Buy | Hold |
| Jul 02, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jul 02, 2024 | Needham | Underperform | Underperform | Hold |
| Jun 07, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jun 07, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| May 21, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
SoFi's last stock rating was published by Goldman Sachs on Jul 31, 2024. The company gave SOFI a "Neutral" 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $645.24M | $537.21M | $498.02M | $472.16M | $456.68M | $423.99M | - | $330.34M | $285.61M | $272.01M | $231.27M | $195.98M |
| Avg Forecast | $907.51M | $897.22M | $846.26M | $785.89M | $744.80M | $726.53M | $691.15M | $650.31M | $640.79M | $631.33M | $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 | $912.92M | $902.56M | $851.30M | $790.57M | $749.23M | $730.86M | $695.26M | $654.18M | $644.60M | $633.16M | $568.55M | $561.05M | $582.77M | $527.01M | $476.76M | $443.20M | $428.16M | $395.79M | $340.76M | $309.33M | $303.14M | $272.76M | $237.12M | $245.90M |
| Low Forecast | $900.93M | $890.71M | $840.13M | $780.19M | $739.39M | $721.26M | $686.13M | $645.59M | $636.14M | $628.09M | $561.09M | $553.68M | $560.52M | $464.92M | $470.50M | $437.38M | $422.54M | $390.59M | $340.76M | $271.33M | $265.90M | $239.25M | $207.98M | $215.69M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 9 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.05% | 1.05% | 1.07% | 1.07% | 1.08% | - | 1.16% | 1.02% | 1.08% | 1.06% | 0.86% |
SoFi's average Quarter revenue forecast for Mar 24 based on 4 analysts is $557.73M, with a low forecast of $553.68M, and a high forecast of $561.05M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 9 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $44.67M | $-266.44M | $-45.77M | $99.50M | $102.23M | $5.99M | - | $-55.43M | $-64.72M | $15.44M | $-112.31M | $-115.24M |
| Avg Forecast | $-268.73M | $-265.68M | $-250.59M | $-232.72M | $-220.55M | $-215.14M | $-204.66M | $-192.57M | $-189.75M | $-186.95M | $-167.36M | $-165.15M | $-169.38M | $-151.43M | $-140.34M | $-130.46M | $-126.03M | $-116.51M | $-100.90M | $-84.45M | $-82.76M | $21.47M | $-377.39M | $-67.13M |
| High Forecast | $-266.78M | $-263.76M | $-248.78M | $-231.03M | $-218.95M | $-213.58M | $-203.18M | $-191.17M | $-188.37M | $-185.99M | $-166.15M | $-163.96M | $-165.98M | $-137.67M | $-139.32M | $-129.52M | $-125.12M | $-115.66M | $-100.90M | $-80.35M | $-78.74M | $25.76M | $-301.91M | $-63.87M |
| Low Forecast | $-270.33M | $-267.27M | $-252.09M | $-234.10M | $-221.86M | $-216.42M | $-205.88M | $-193.71M | $-190.88M | $-187.49M | $-168.36M | $-166.14M | $-172.57M | $-156.06M | $-141.18M | $-131.24M | $-126.79M | $-117.20M | $-100.90M | $-91.60M | $-89.77M | $17.17M | $-452.86M | $-72.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.26% | 1.76% | 0.33% | -0.76% | -0.81% | -0.05% | - | 0.66% | 0.78% | 0.72% | 0.30% | 1.72% |
4 analysts predict SOFI's average Quarter EBITDA for Mar 24 to be $-165.15M, with a high of $-163.96M and a low of $-166.14M. This is -469.74% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 9 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $47.91M | $-266.68M | $-47.55M | $-34.42M | $-40.01M | $-74.21M | - | $-110.36M | $-111.01M | $-30.05M | $-165.31M | $-177.56M |
| Avg Forecast | $157.16M | $148.36M | $121.67M | $110.36M | $75.99M | $77.08M | $65.00M | $44.63M | $34.69M | $41.27M | $5.03M | $7.45M | $4.31M | $-84.37M | $-70.08M | $-85.50M | $-100.25M | $-113.07M | $-138.21M | $-147.52M | $-164.44M | $-41.79M | $-722.66M | $-51.47M |
| High Forecast | $158.37M | $149.51M | $122.61M | $111.21M | $76.58M | $77.67M | $65.51M | $44.98M | $34.96M | $41.59M | $5.06M | $7.51M | $4.34M | $-83.57M | $-69.42M | $-84.69M | $-99.30M | $-112.00M | $-138.21M | $-138.20M | $-154.06M | $-33.43M | $-578.13M | $-48.22M |
| Low Forecast | $155.67M | $146.96M | $120.52M | $109.32M | $75.28M | $76.35M | $64.39M | $44.21M | $34.36M | $30.95M | $4.98M | $7.38M | $4.27M | $-85.02M | $-70.63M | $-86.16M | $-101.03M | $-113.94M | $-138.21M | $-163.76M | $-182.55M | $-50.15M | $-867.19M | $-57.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 11.13% | 3.16% | 0.68% | 0.40% | 0.40% | 0.66% | - | 0.75% | 0.68% | 0.72% | 0.23% | 3.45% |
SoFi's average Quarter net income forecast for Mar 24 is $7.45M, with a range of $7.38M to $7.51M. SOFI's average Quarter net income forecast represents a -84.46% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 9 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $306.39M | $311.18M | $314.00M | $298.84M | $286.79M | $288.33M | - | $274.64M | $254.87M | $155.45M | $266.17M | $248.93M |
| Avg Forecast | $745.09M | $736.64M | $694.80M | $645.23M | $611.49M | $596.50M | $567.44M | $533.92M | $526.10M | $518.34M | $464.03M | $457.91M | $469.64M | $419.85M | $389.11M | $361.72M | $349.45M | $323.02M | $279.77M | $234.14M | $229.45M | $206.45M | $179.47M | $186.13M |
| High Forecast | $749.52M | $741.02M | $698.94M | $649.08M | $615.13M | $600.05M | $570.82M | $537.09M | $529.23M | $519.83M | $466.79M | $460.63M | $478.46M | $432.69M | $391.43M | $363.87M | $351.53M | $324.95M | $279.77M | $253.97M | $248.89M | $223.94M | $194.68M | $201.89M |
| Low Forecast | $739.68M | $731.29M | $689.76M | $640.55M | $607.06M | $592.17M | $563.33M | $530.04M | $522.28M | $515.68M | $460.67M | $454.58M | $460.20M | $381.71M | $386.29M | $359.10M | $346.91M | $320.68M | $279.77M | $222.77M | $218.31M | $196.43M | $170.76M | $177.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.74% | 0.81% | 0.83% | 0.82% | 0.89% | - | 1.17% | 1.11% | 0.75% | 1.48% | 1.34% |
SoFi's average Quarter SG&A projection for Mar 24 is $457.91M, based on 4 Wall Street analysts, with a range of $454.58M to $460.63M. The forecast indicates a 49.45% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 9 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $-0.28 | $-0.05 | $-0.04 | $-0.04 | $-0.08 | - | $-0.13 | $-0.14 | $-0.05 | $-0.48 | $-1.61 |
| Avg Forecast | $0.15 | $0.14 | $0.11 | $0.10 | $0.07 | $0.07 | $0.06 | $0.04 | $0.03 | $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 | $0.15 | $0.14 | $0.12 | $0.10 | $0.07 | $0.07 | $0.06 | $0.04 | $0.03 | $0.04 | - | $0.01 | - | $-0.08 | $-0.07 | $-0.08 | $-0.09 | $-0.11 | $-0.13 | $-0.13 | $-0.15 | $-0.13 | $-0.05 | $-0.05 |
| Low Forecast | $0.15 | $0.14 | $0.11 | $0.10 | $0.07 | $0.07 | $0.06 | $0.04 | $0.03 | $0.03 | - | $0.01 | - | $-0.08 | $-0.07 | $-0.08 | $-0.09 | $-0.11 | $-0.13 | $-0.16 | $-0.18 | $-0.16 | $-0.06 | $-0.06 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 11.50% | 3.53% | 0.77% | 0.46% | 0.46% | 0.76% | - | 0.91% | 0.88% | 0.36% | 8.73% | 32.20% |
According to 4 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
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 4 'Buy' recommendations, accounting for 26.67% of SOFI's total ratings.
What is SOFI's price target?
SoFi (SOFI) average price target is $9.74 with a range of $2.5 to $22, implying a 25.84% from its last price of $7.74. 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 up by 25.84% (from the last price of $7.74 to the average price target of $9.74), up by 184.24% based on the highest stock price target, and down by -67.70% based on the lowest stock price target.
Can SoFi stock reach $12?
SOFI's highest twelve months analyst stock price target of $22 supports the claim that SoFi can reach $12 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 $2.81B (high $2.83B, low $2.79B), average EBITDA is $-833M (high $-827M, low $-838M), average net income is $262.71M (high $264.74M, low $260.23M), average SG&A $2.31B (high $2.32B, low $2.29B), and average EPS is $0.247 (high $0.249, low $0.244). SOFI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.44B (high $3.46B, low $3.41B), average EBITDA is $-1.018B (high $-1.01B, low $-1.024B), average net income is $537.55M (high $541.7M, low $532.48M), average SG&A $2.82B (high $2.84B, low $2.8B), and average EPS is $0.505 (high $0.509, low $0.5).
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 $-592M by -49.24%. The company's net income was $-301M, beating the average estimation of $-236M by 27.62%. Apple's SG&A was $1.23B, missing the average forecast of $1.64B by -24.99%. 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 $-169M by -126.37%. SoFi's net income was $47.91M, beating the average estimation of $4.31M by 1012.58%. The company's SG&A was $306.39M, missing the average forecast of $469.64M by -34.76%. Lastly, the company's EPS was $0.0465, beating the average prediction of $0.00404 by 1050.14%