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SoFi Technologies rated Strong Buy with $23 target on growth in lending and tech platform revenues.

Analyst Insights
08 Sep 2026
Seeking Alpha
View Source
Bullish
SoFi Technologies rated Strong Buy with $23 target on growth in lending and tech platform revenues.

SoFi Technologies is rated a Strong Buy with a $23 price target due to its successful transition to a diversified financial platform. Key growth drivers include lending, the Loan Platform Business, and expanding financial services, along with contributions from SoFi Plus and Tech Solutions. Management has raised 2026 revenue and EBITDA guidance, focusing on scaling fee-based and technology platform revenues. Risks include credit quality, execution challenges, and potential dilution, but overall confidence remains high in SoFi's growth trajectory.

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