SoFi Technologies (SOFI) is set to release its first-quarter 2025 earnings next week, and many investors are watching closely to see if the stock is worth buying before the results. While SoFi has jumped 54% over the past year, it’s down 24% in 2025 so far, weighed down by concerns about tariffs, slower growth, and the risk of a recession. Despite these headwinds, Jefferies analyst John Hecht remains upbeat on SoFi ahead of Q1 results. Hecht is a five-star analyst and ranks 527 out of more than 9,437 analysts tracked by TipRanks.
Hecht’s Views About SOFI Stock
Hecht believes that, even in this tough market, the company’s overall fundamentals still look solid. He said that the loan volumes are rising, credit trends remain stable, and SoFi has strong access to funding, all of which may help support its earnings growth.
Hecht expects SoFi to keep up its strong loan growth in the first quarter, thanks in part to two large forward flow deals, one with Fortress for $5.2 billion and another with Blue Owl for $5 billion. These deals give SoFi a steady flow of funds from big investors, allowing it to meet the rising demand from borrowers. This helps improve both cash flow and investor trust.
In addition, Jefferies’ confidence is backed by recent user data, as SoFi’s monthly active users rose 22.6% year over year in February, showing strong user engagement and steady growth of the platform. According to Main Street Data, SoFi reported a total membership of over 10.1 million, a 34% increase from the year-ago quarter.
Is SoFi a Good Stock to Buy?
Overall, Wall Street analysts have mixed opinions on SoFi’s future. SOFI stock has a Hold consensus rating based on six Buys, six Holds, and four Sells assigned in the last three months. At $13.42, the average SoFi price target implies a 14.31% upside potential.
