Stephens analyst Kyle Joseph lowered the firm’s price target on SoFi Technologies (SOFI) to $25 from $26 and keeps an Overweight rating on the shares following a lighter Q2 guidance and maintained FY26 outlook. While some of the pressure on shares after earnings is tied to the lighter Q2 view, and resulting back-weighted guide for FY26, the company alluded to this on the Q4 earnings call, so it is “not new,” the analyst contends.
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