New York, July 7, 2026, 06:03 EDT
- SoFi traded at $18.61 in the last quote ahead of U.S. market hours. NYSE’s main session kicks off at 9:30 a.m. ET.
- Sell-side price targets on SOFI sit at $19, above where shares last traded.
- Revenue estimates are near what management set out for 2026. The July 29 focus is on any estimate changes.
U.S. markets hadn’t started regular trading at the dateline. July 3 isn’t a holiday this year—NYSE’s 2026 calendar still marks it as open. The exchange’s main session is set for 9:30 a.m. to 4 p.m. ET.
SoFi Technologies, Inc. NASDAQ:SOFI comes into Tuesday with Wall Street’s price targets spread wider than the share price itself. Shares closed at $18.61, sitting under the $22.56 average 12-month target. But the lowest target is $16 and the high is $35, a $19 spread that equals about 102% of the stock price. SoFi is set to report Q2 earnings July 29.
The stock was up 2% at $18.61 in midday trading Monday on volume of 80.5 million shares, 18% higher than the average session volume listed by MarketBeat. Shares closed at $18.24 previously. The broader market moved higher too, with the Nasdaq Composite (INDEXNASDAQ:.IXIC) up 1.12% and the S&P 500 (INDEXSP:.INX) gaining 0.72%, mostly on strength in chip names. “A very tenuous rally,” said Longbow Asset Management CEO Jake Dollarhide. MarketBeat
Price targets are the part fewer people mention. The average call has more room to run. But the target spread shows investors don’t agree yet on what SoFi actually is.
| SOFI forecast gauge | Street number | Move from $18.61 |
|---|---|---|
| Lowest 12-month estimate | $16.00 | -14.0% |
| Street average over 12 months | $22.56 | +21.2% |
| Highest target in the next year | $35.00 | +88.1% |
| Gap between low and high | $19.00 | 102.1% of share price |
Revenue estimates tell a similar story. Yahoo Finance shows average forecasts of $1.11 billion this quarter, $1.20 billion next quarter, $4.68 billion for the full year, and $5.73 billion for next year. Analyst coverage ranges from 14 to 20 in each period.
| Revenue forecast window | Average estimate | Low-high range | Analyst count |
|---|---|---|---|
| Current quarter | $1.11 bln | $1.09 bln-$1.13 bln | 14 |
| Next quarter | $1.20 bln | $1.16 bln-$1.25 bln | 14 |
| Current year | $4.68 bln | $4.59 bln-$4.85 bln | 20 |
| Next year | $5.73 bln | $5.48 bln-$6.08 bln | 19 |
This matters for SoFi because its 2026 revenue forecast stands at $4.66 billion with profit projected at 60 cents a share, according to Reuters. The estimate for this year’s revenue is just about 0.4% higher than that target. So the stock needs something more than just meeting expectations to get analysts to move their numbers.
Small-business lending is SoFi’s latest push. On June 30, the company rolled out fixed loans for businesses, ranging from $2,500 up to $250,000. Some borrowers can get funding in as little as 24 hours after approval. CEO Anthony Noto said members’ “financial lives do not stop at personal goals.” SoFi
SOFI traded up Monday, with Benzinga reporting investors are focused on new lending efforts that grow its reach. The new launch lets SoFi target more of the 14.7 million members it mentions in its own disclosures.
SoFi (SOFI) flagged some caution in April. Shares dropped 12% after its first-quarter numbers—loan originations hit a record $12.2 billion and adjusted revenue jumped 41% to $1.1 billion—but the company kept its 2026 guidance steady. William Blair analyst Andrew Jeffrey said SoFi didn’t roll the Q1 beat into 2026 guidance. CEO Noto told Reuters, “The health of our consumer base remains strong.” Reuters
SOFI is showing a beta of 2.14, with its 52-week range between $14.92 and $32.73, according to Google Finance. Shares last traded at $18.61, about 43% off the high and roughly 25% ahead of the low. The setup could see a big swing if guidance moves after July 29.
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