‘Time to Buy SoFi,’ as Top Analyst Gives Nod after CFO’s Bullish Outlook

SoFi Technologies (SOFI) has received a Buy rating from Top analyst Andrew Jeffrey at William Blair. The positive rating comes after CFO Chris Lapointe shared a positive outlook at William Blair’s 45th Annual Growth Stock Conference, held yesterday. After the news, SOFI stock rose 1.6% in regular trading.

Jeffery is impressed with SOFI’s strong position as a leading fintech company. He sees membership growth, higher product sales, rising fee income, and better cost efficiency will help boost its value.

SoFi Sets 2025 Growth Targets

At the conference, Lapointe said SoFi now has around 11 million members and offers over 15 million products. “We’ve also increased our medium-term revenue guidance covering the period of 2023 to 2026 to now be above 25% annualized growth,” he added.

Looking ahead, SoFi expects to make over $3 billion in adjusted revenue in 2025 and $875–$895 million in adjusted EBITDA. The company also predicts $0.27–$0.28 per share in earnings this year. These expectations are part of the company’s plan to grow revenue by 25% per year through 2026.

Analyst’s Key Takeaway

The five-star analyst believes SoFi is seeing strong product demand, with no major economic issues affecting growth. He said the company projects over 30% loan origination growth in 2025, which is likely to boost revenue, especially from high-fee income sources.

He also sees SoFi’s credit quality as stable, with student loan repayments unlikely to cause losses. Further, SoFi’s loan platform is performing well, which should help predict revenue better and strengthen earnings.

Moreover, the analyst said that SoFi is seeing strong customer engagement, with one-third of Q1 2025 sales coming from existing users.

Finally, SoFi expects its tech platform revenue to grow faster in 2026, driven by recent customer wins. Thus, Jeffrey predicts segment revenue growth will rise from 12% in 2025 to 16% in 2026, showing confidence in SOFI’s ability to expand its offerings.

Analyst Sees Upside Ahead

Jeffrey expects SoFi to increase its valuation, possibly reaching a 16.3x multiple in 2025, which could push the stock price to around $18, a 30% potential gain.

However, risks remain, such as credit challenges, funding and liquidity concerns, competition, regulatory scrutiny, and broader economic factors that could impact growth.

Is SoFi a Buy or Sell?

Turning to Wall Street, SOFI stock has a Hold consensus rating based on six Buys, five Holds, and three Sells assigned in the last three months. At $14.05, the average SoFi stock price target implies a 2.78% upside potential.

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