Key Takeaways
- • Benchmark upgraded SoFi Technologies (SOFI) to Strong Buy in a research report dated October 14, 2026, according to MarketBeat, as investors weighed rapid revenue growth against heavy reinvestment.
- • SoFi reported second-quarter 2026 revenue of USD 1.21 billion, up 42.5% year over year, and EPS of USD 0.12 versus USD 0.11 consensus.
- • Full-year 2026 adjusted EPS guidance stands at USD 0.60, setting a clear test for SoFi to convert revenue expansion into stronger profitability.
- • Analyst views remain mixed: Goldman Sachs set a USD 15.00 target, TD Cowen trimmed its target to USD 17.50, and the consensus rating is Hold with an average target of USD 22.20.
- • SoFi reports third-quarter 2026 results on October 27, 2026, at approximately 7:00 a.m. ET.
Summary
Benchmark upgraded SoFi Technologies to Strong Buy in a research report dated October 14, 2026, according to MarketBeat. The upgrade came as investors weighed the company's rapid revenue growth against its heavy reinvestment in the platform. At the time of the report, the stock traded at EUR 12.55 at Lang & Schwarz on October 20, 2026, at 2:15 p.m. CEST.
SoFi reported USD 1.21 billion in revenue for the second quarter of 2026, up 42.5% from the same quarter of 2025, on July 29, 2026. Earnings per share were USD 0.12, compared with a USD 0.11 consensus, according to MarketBeat. The same report cited full-year 2026 adjusted EPS guidance of USD 0.60. Taken together, these figures frame the upgrade as a test of whether SoFi can turn revenue expansion into stronger profitability while sustaining investment.
The Benchmark call contrasts with a mixed analyst picture. Goldman Sachs set a USD 15.00 price target, while TD Cowen lowered its target from USD 18.00 to USD 17.50 on October 6, 2026, according to MarketBeat. The reported consensus rating is Hold, with an average target of USD 22.20.
On the Nasdaq, where SOFI is primarily listed, the last available quote was USD 14.30 on October 19, 2026, at 4:00 p.m. ET. The 52-week range is USD 13.86 to USD 32.73, and market capitalization was USD 18.5 billion as of October 19, 2026. SoFi is scheduled to report third-quarter 2026 results on October 27, 2026, at approximately 7:00 a.m. ET, with a conference call at 8:00 a.m. ET.
SoFi reported USD 1.21 billion in revenue for the second quarter of 2026, up 42.5% from the same quarter of 2025, on July 29, 2026. Earnings per share were USD 0.12, compared with a USD 0.11 consensus, according to MarketBeat. The same report cited full-year 2026 adjusted EPS guidance of USD 0.60. Taken together, these figures frame the upgrade as a test of whether SoFi can turn revenue expansion into stronger profitability while sustaining investment.
The Benchmark call contrasts with a mixed analyst picture. Goldman Sachs set a USD 15.00 price target, while TD Cowen lowered its target from USD 18.00 to USD 17.50 on October 6, 2026, according to MarketBeat. The reported consensus rating is Hold, with an average target of USD 22.20.
On the Nasdaq, where SOFI is primarily listed, the last available quote was USD 14.30 on October 19, 2026, at 4:00 p.m. ET. The 52-week range is USD 13.86 to USD 32.73, and market capitalization was USD 18.5 billion as of October 19, 2026. SoFi is scheduled to report third-quarter 2026 results on October 27, 2026, at approximately 7:00 a.m. ET, with a conference call at 8:00 a.m. ET.
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