SoFi Technologies shares rise modestly amid mixed analyst outlook

SoFi Technologies' stock gained 3.7% to $17.64 on Tuesday, with trading volume rising 22% to about 84.8 million shares. Analysts have issued varied price targets—Morgan Stanley $16, UBS $21, Citigroup $30, and others—leading to a consensus "Hold" rating and a target price of $22.78.

The company reported a 34% year‑to‑date share decline despite strong fundamentals. Revenue jumped 43% year over year and net income more than doubled in the latest quarter. Membership grew 35% YoY, adding over one million new members to a total of 14.7 million, bolstering average revenue per user. CEO Anthony Noto highlighted digital‑assets expansion and expects 30% revenue growth in the next quarter and at least 30% membership growth through 2026. The stock trades at a low PEG ratio of 0.82, suggesting it may be undervalued relative to its growth prospects.