Jefferies Reiterates Buy Rating for SoFi, Maintains $20.41 Price Target Amid 60% Insider Selling Activity

Jefferies analyst John Hecht reiterated a Buy rating on SoFi (SOFI) with a $28.00 price target. The company's latest earnings release reported a quarterly revenue of $1.04 billion and a net profit of $71.12 million. SoFi has a consensus analyst rating of Hold with a price target of $20.41, a -21.95% downside from current levels.

SoFi Technologies, Inc. (NASDAQ:SOFI) received a significant investment from Quantitative Investment Management LLC during the first quarter of 2025. The institutional investor purchased 246,139 shares of SoFi Technologies' stock, valued at approximately $2,862,000.

In addition to Quantitative Investment Management LLC, several other institutional investors have made notable changes to their positions in SoFi Technologies. These include Two Sigma Advisers LP, Voloridge Investment Management LLC, Nuveen LLC, Aquatic Capital Management LLC, and Mitsubishi UFJ Asset Management Co. Ltd. [1]

SoFi Technologies reported its quarterly earnings on July 29, 2025. The company's earnings per share (EPS) of $0.08 exceeded the consensus estimate of $0.06, while its revenue increased by 42.8% year-over-year, although it fell short of analysts' expectations. [1]

Analysts have provided varied ratings for SoFi Technologies. Jefferies analyst John Hecht reiterated a Buy rating on SoFi (SOFI) with a $28.00 price target, while the consensus analyst rating remains Hold with a price target of $20.41. [1]

SoFi Technologies' latest earnings release reported a quarterly revenue of $1.04 billion and a net profit of $71.12 million. The company's guidance for FY 2025 anticipates EPS of $0.310-0.310. [1]

Institutional investors own 38.43% of SoFi Technologies' stock, reflecting strong interest in the company's growth prospects. [1]

SoFi Technologies' stock has been trading within a range of $6.75 to $25.25 over the past year, with a market cap of $29.96 billion. The company's price-to-earnings ratio is 52.13, and its PEG ratio is 3.10. [1]

References:

[1] https://www.marketbeat.com/instant-alerts/filing-quantitative-investment-management-llc-invests-286-million-in-sofi-technologies-inc-sofi-2025-08-24/