SoFi ( (SOFI) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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SoFi Technologies has been making waves in the financial markets with its impressive stock performance, rallying by 84% year-to-date. The fintech company has shown strong revenue and earnings growth, driven by an expanding member base and new product launches. In Q3 2025, SoFi’s Loan Platform Business reported a 50% growth in fee-based revenue, contributing significantly to its robust financial results. Despite these achievements, Truist analyst Matthew Coad has lowered his price target for SoFi from $31 to $28, maintaining a Hold rating due to expected slowdowns in future growth as the company faces tougher comparisons.
While SoFi continues to attract attention with its innovative offerings, including the launch of SoFi Crypto, analysts remain cautious due to its high valuation. The stock trades at a forward P/E multiple of 74.5x, significantly above the sector average, raising concerns about its steep valuation. Wall Street analysts have a Hold consensus rating on SoFi, with a price target suggesting a slight downside. The mixed sentiment reflects the challenges and opportunities for SoFi as it navigates macroeconomic factors and strives to maintain its growth trajectory.