StoneX starts SoFi coverage with Buy rating for SoFi Technologies stock
Published on 10/15/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating scale
- StoneX began coverage with a USD 25.00 target on October 13, 2026.
- Second-quarter revenue reached USD 1.21 billion, up 42.5 percent year over year.
- SoFi Technologies stock stood at EUR 12.38 at 1:08 p.m. CEST at Lang & Schwarz on October 15, 2026.
SoFi Technologies (ISIN US83406F1021) stood at EUR 12.38 at Lang & Schwarz on October 15, 2026, at 1:08 p.m. CEST. StoneX began coverage with a Buy rating and a USD 25.00 price target, according to TradingView on October 13, 2026.
StoneX sees room for recovery
StoneX analyst Mark Palmer argued that the selloff had gone too far after SoFi delivered strong second-quarter operating figures. The USD 25.00 target was paired with a Buy rating, while the report also highlighted growth in members, deposits, products and profit.
The target came as the stock remained well below its recent US trading levels. The primary listing is Nasdaq, and SoFi Technologies market capitalization was USD 18.4 billion as of October 14, 2026. The euro quotation and the US listing are separate market references.
What changed in the second quarter?
SoFi reported revenue of USD 1.21 billion for the quarter ended June 30, 2026, up 42.5 percent from the prior-year quarter, while net income reached USD 156.59 million, according to Business Quant. The figures show why the debate has shifted from revenue growth to the cost of sustaining that growth.
Three dates show the shift
On October 6, 2026, TD Cowen cut its target from USD 18.00 to USD 17.50; on July 29, 2026, SoFi reported second-quarter earnings per share of USD 0.12 against USD 0.11 consensus; and on October 13, 2026, StoneX began coverage with a USD 25.00 target, according to MarketBeat.
October 27 brings the next test
MarketBeat estimates that SoFi will report third-quarter 2026 results on October 27, 2026, before the US market opens, with an earnings call scheduled for 8:00 a.m. ET. Its consensus calls for revenue of USD 1.25 billion and earnings per share of USD 0.1675.
Euro quote remains the live reference
The SoFi Technologies quotation stood at EUR 12.38 at Lang & Schwarz on October 15, 2026, at 1:08 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SoFi Technologies stock.
SoFi Technologies stock facts
- Company: SoFi Technologies, Inc.
- ISIN: US83406F1021
- Ticker: SOFI
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 1:08 p.m. CEST): EUR 12.38
- Market capitalization: USD 18.4 billion (as of October 14, 2026)
- Sector / Industry: Financial Services / Financial - Credit Services
Market context: Market report Nasdaq Composite.
