SoFi Technologies (SOFI) Stock Forecast & Price Target

SoFi Technologies is attractive fundamentally because it delivered a 3Q beat on both revenue and EPS, with adjusted EPS of $0.18 and revenue up 44% year over year to $1.39 billion, driven by stronger lending net interest income, origination fees, and a 6.14% NIM. Its outlook is reinforced by management’s raised 2026 guidance and 2027 EPS guidance of $0.90, supported by 27% revenue growth, strong origination momentum, and improving credit and capital metrics, including $16.9 billion of total originations and no need for an equity raise. The bank charter, expanding financial services and technology platform, and a growing ecosystem of members, products, and fee-based businesses create a widening competitive moat and multiple long-term growth drivers.

SoFi Technologies is exposed to significant fundamental risk because a large share of revenue still depends on lending, making earnings vulnerable to credit deterioration, higher provision expense, and weaker fair-value marks in a prolonged economic downturn. Management has already acknowledged credit issues in the initial credit card rollout from overly broad underwriting, while rising ABS spreads, volatile securitization funding, and higher deposit costs could further pressure margins and capital ratios at the bank-charter level. On top of that, tighter regulation from the San Francisco Federal Reserve and the OCC, plus intense competition from banks and neobanks, could slow member growth, cross-buy, and fee-income expansion, leaving little room for execution misses.