SoFi Technologies stock faces a Hold consensus after Q2 growth

Published on 10/01/2026 at 04:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SoFi Technologies stock carries a Hold consensus and a USD 22.53 average target from 23 analysts. Q2 adjusted net revenue rose 40 percent to USD 1.21 billion.

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SoFi Technologies stock faces a consensus Hold rating even after second-quarter 2026 adjusted net revenue rose 40 percent to USD 1.21 billion. The latest analyst tally puts 23 firms at 11 Holds, nine Buys and three Sells, with an average 12-month target of USD 22.53, according to MarketBeat on September 21, 2026.

Q2 growth beats expectations

SoFi reported adjusted EPS of USD 0.12 for Q2 2026, above the USD 0.11 consensus estimate. Adjusted net revenue reached USD 1.21 billion, exceeding the USD 1.11 billion estimate by 8.3 percent, while total net revenue rose 43 percent year over year to USD 1.22 billion, Zacks reported on September 1, 2026.

The quarter also showed a sharp operating split. Lending adjusted net revenue increased 59 percent year over year to USD 711.7 million, while Technology Platform net revenue declined 23 percent to USD 84.5 million, making the lending engine the central growth driver and the technology business the main counterweight.

Guidance rises as products expand

Management raised full-year 2026 adjusted net revenue guidance to USD 4.75 billion-USD 4.85 billion, implying 32 percent-35 percent growth, while maintaining adjusted EBITDA guidance of USD 1.6 billion and adjusted EPS guidance of USD 0.60, according to Zacks.

SoFi added 1.1 million members in Q2 2026, taking the total to 15.8 million, while products increased by 2.2 million to 24.4 million. Existing members accounted for 51 percent of new products, compared with 35 percent in Q2 2025, supporting the case that cross-selling is becoming more important to the platform economics.

A separate company milestone broadens the strategic story. On September 22, 2026, SoFi Technologies said SoFiUSD settlement had gone live across SoFi Bank's debit and credit card program on Mastercard's global payments network. The move adds payment infrastructure to the company's lending, banking, investing and technology businesses.

Nasdaq valuation remains the test

Nasdaq SOFI was last at USD 15.72 on September 30, 2026 at 4:00 p.m. ET. The market capitalization was USD 20.2 billion, and the 52-week range was USD 14.88 to USD 32.73, leaving the analyst consensus target materially above the latest primary-exchange quote.