Citi Analyst Raises SOFI Stock Price Target to $28, Sees "Multiple Tailwinds" for Growth

Citi analyst Peter Christiansen raised his price target on SoFi Technologies (SOFI) to $28 from $18, citing "multiple tailwinds" for the fintech company and digital bank. Christiansen expects improving GAAP profitability and momentum in private credit, consumer credit, technology business, and crypto products to drive growth and profitability. He removed the "High Risk" rating and raised his FY25 and FY26 estimates. The average SOFI stock price target is $20.79, indicating a 7.6% downside risk from current levels.

Citi analyst Peter Christiansen has raised his price target for SoFi Technologies (SOFI) to $28 from $18, citing multiple tailwinds supporting the fintech company's growth and profitability. Christiansen expects improving GAAP profitability and momentum in private credit, consumer credit, technology business, and crypto products to drive SoFi's performance [3].

Christiansen highlighted four key areas contributing to SoFi's growth. First, private credit is fueling SoFi's high-margin loan platform. Second, consumer credit trends remain stable, providing stability to the business. Third, the company's technology business is set to expand in 2026, aided by a new client expected to contribute about 10% of revenue. Finally, the return of crypto products is expected to boost engagement and deposits, further enhancing profitability [3].

The analyst also noted that SoFi's forward flow deals have helped grow membership and margins. He projects adjusted net revenue of $3.43 billion for FY25, adjusted EBITDA of $975 million, and GAAP net income of $388 million. For FY26, he expects adjusted EBITDA of $1.42 billion and GAAP net income of $700 million [3].

Wall Street remains sidelined on SoFi Technologies stock, with a Hold consensus rating based on seven Buys, 10 Holds, and four Sell recommendations. The average stock price target is $20.79, indicating a 7.6% downside risk from current levels [3].

References:

[1] https://finance.yahoo.com/news/sofis-growth-momentum-2025-boosts-165100901.html
[2] https://www.nasdaq.com/articles/sofis-growth-momentum-2025-boosts-investor-confidence
[3] https://www.tipranks.com/news/citigroup-sees-multiple-tailwinds-for-sofi-stock-lifts-price-target-to-28