In recent developments, Barclays analyst Terry Ma has adjusted the price target for SoFi Technologies (SOFI, Financial), a prominent player in the fintech sector. The price target has been raised from $12.00 to $18.00, representing a substantial 50% increase. This adjustment reflects a positive outlook on SOFI's potential growth and performance in the market.
Despite the increase in the price target, Barclays has maintained its rating of 'Equal-Weight' for SoFi Technologies (SOFI, Financial). The consistent rating suggests that the stock is expected to perform in line with the market, according to the analyst's assessment.
The updated price target and maintained rating were announced on July 8, 2025. Investors in SoFi Technologies (SOFI, Financial) and potential market participants are likely to keep a close watch on these new developments as they evaluate investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for SoFi Technologies Inc (SOFI, Financial) is $14.50 with a high estimate of $20.00 and a low estimate of $6.00. The average target implies an downside of 27.03% from the current price of $19.88. More detailed estimate data can be found on the SoFi Technologies Inc (SOFI) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, SoFi Technologies Inc's (SOFI, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SoFi Technologies Inc (SOFI, Financial) in one year is $11.50, suggesting a downside of 42.14% from the current price of $19.875. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SoFi Technologies Inc (SOFI) Summary page.