SoFi Technologies (SOFI) is scheduled to announce its results for the second quarter of 2025 on July 29. SOFI stock has rallied about 38% year-to-date, as the fintech company and digital bank continues to impress investors with its solid financials, supported by an expanding member base. Wall Street expects SOFI’s Q2 revenue to increase by more than 34% to about $804.2 million, while earnings per share (EPS) is estimated to jump to $0.06 from $0.01 in the prior-year quarter.
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While several analysts acknowledge SoFi’s strong fundamentals, they are cautious about the stock, as they believe the positives are already priced in.
Investors will be keen to know if SoFi Technologies is able to sustain the growth momentum in its member base. As seen in this chart from Main Street Data, the company ended the first quarter with 10.9 million members, marking an impressive 34% growth.
Analysts’ Views Ahead of SOFI’s Q2 Earnings
Heading into Q2 results, Goldman Sachs analyst Will Nance initiated coverage of SoFi Technologies stock with a Hold rating and a price target of $19. The analyst noted the company’s impressive growth story in the neobank space, its focus on diversification, and the strength of the company’s Loan Platform Business (LPB). That said, Nance contends that at 5.0x tangible book value, SOFI stock seems “somewhat disconnected” from the return profile of the business. The analyst is also concerned about SoFi’s unique fair value accounting for its lending business, which pulls forward earnings.
Recently, Keefe, Bruyette & Woods analyst Timothy Switzer increased the price target for SoFi Technologies stock to $13 from $9, but reaffirmed a Sell rating. The analyst noted strong catalysts that drove SOFI stock higher in recent months, mainly the pending revenue opportunities from the recently announced re-entry into crypto trading and significantly expanded student lending opportunity following the passage of U.S. President Donald Trump’s “Big, Beautiful Bill.”
Despite SoFi’s exciting growth prospects and strong value proposition, Switzer remains bearish on SOFI stock, as he believes that it has moved beyond its fundamental value.
AI Analyst Is Bullish on SOFI Stock Ahead of Q2 Print
Interestingly, TipRanks’ AI stock analyst has assigned an Outperform rating to SOFI stock with a price target of $24.50, indicating 15.6% upside potential. According to TipRanks’ AI analysis, SoFi Technologies’ strong financial performance and bullish technical indicators are slightly offset by valuation concerns.
Here’s What Options Traders Anticipate Ahead of SOFI’s Q2 Earnings
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting about a 9.72% move in either direction in SoFi Technologies stock in reaction to Q2 results.
Is SOFI a Good Stock to Buy?
Overall, Wall Street is sidelined on SoFi Technologies stock with a Hold consensus rating based on five Buys, eight Holds, and three Sell recommendations. The average SOFI stock price target of $17.08 indicates a possible downside of 19.4% from current levels.
