SoFi Technologies (SOFI) Stock Forecast 2026–2030

SoFi Technologies trades at $16.88 as of October 28, 2026, backed by steady user growth and expanding digital banking services. In this forecast, we examine what SoFi does, review its recent financial results, and walk through long-term revenue and valuation scenarios extending out to 2030.

Long-range stock forecasts are structured hypothetical scenarios rather than solid predictions. Markets change quickly, and actual returns depend on how well management executes its strategy, broader interest rate shifts, and consumer credit conditions over the next several years.

Share price	$16.88 (Oct 28, 2026 1:06 PM ET)
Market value	about $21.8 billion
52-week range	$13.86 – $32.73
Revenue, last 12 months	about $5.6 billion
Revenue growth, last fiscal year	27%
Net income, last 12 months	about $636.3 million
Price-to-sales	about 3.9×
Price-to-earnings	about 34×
Analyst 12-month target	average $20.82 (range $15 – $30); 8 buy, 7 hold, 3 sell

Market data from Nasdaq as of October 28, 2026. Check current figures before making any decision.

What changed since our last update

In our previous update on October 17, 2026, SoFi shares were trading at $14.55. The stock has since risen 16.0% to $16.88, driven partly by a solid third-quarter earnings beat where the company reported earnings of $0.18 per share against an expected $0.17.

This price move brought the stock closer to our base-case scenario, bumping the average 12-month analyst target up slightly from $20.66 to $20.82. The updated stock price shifts our implied 2030 base-case upside to +51%, down from +51% relative to the lower entry point, while increasing the projected downside in a bear scenario.

What SoFi Technologies does

SoFi Technologies operates a digital financial platform designed to manage personal finance needs in one app. The company serves roughly 15.8 million members who use its platform to borrow, save, spend, invest, and hold crypto assets. Members can also connect with financial planners and participate in user communities.

The business generates money through multiple channels, including student loan refinancing, personal loans, mortgages, deposit accounts, and investment products. In addition to consumer services, its SoFi Tech Solutions segment provides infrastructure software for banks, fintech firms, and enterprise brands, powering over 134 million accounts globally.

Where the business stands

SoFi’s revenue trajectory reflects strong adoption over recent years. Annual revenue grew 26.6% in fiscal year 2025 to reach $4.8 billion, up from $3.8 billion in 2024 and $2.9 billion in 2023. Over the last four reported quarters, total revenue climbed to $5.6 billion.

SoFi Annual Revenue Trend
2023: $2.9B
2024: $3.8B  (+31.0%)
2025: $4.8B  (+26.6%)
TTM:  $5.6B

Profits have stabilized as well. SoFi generated $636.3 million in net income over the last four reported quarters, building on $481.3 million recorded in fiscal year 2025.

The company has consistently matched or topped earnings expectations over the past year. In its latest quarterly earnings reported on October 27, 2026, SoFi delivered an earnings per share (EPS) beat of 5.88% at $0.18 per share versus the consensus estimate of $0.17. That followed a 9.09% surprise in the quarter ending June 2026, when it reported $0.12 EPS against a $0.11 forecast. Analysts expect full-year 2026 EPS to come in around $0.60.

Much like other fast-growing finance platforms like Robinhood Markets, scaling membership and deposit volume remains critical for sustained margin expansion.

What analysts expect for SOFI stock over the next 12 months

Wall Street analysts hold a generally positive outlook on SoFi stock over the coming year. Consensus data from Nasdaq lists 18 analyst ratings, consisting of 8 buys, 7 holds, and 3 sells.

The average 12-month price target stands at $20.82, which implies a potential 23.3% upside from the current share price of $16.88. Individual price targets range from a conservative $15.00 on the low end to $30.00 at the high end.

For the stock to reach the average target, SoFi needs to maintain its current momentum in member acquisition, defend net interest margins, and show continued expansion within its enterprise Tech Solutions division. Investors evaluating growth options across fintech and consumer finance might also check our analysis on Jumia or automotive growth stories like Rivian Automotive.

Where SOFI stock could head by 2030

To estimate where SoFi stock could trade by 2030, we model three long-term growth scenarios. These start from the baseline revenue of $5.6 billion over the last four quarters, project revenue compounded annually through 2030, apply an appropriate price-to-sales multiple, and account for expected share dilution over time.

Today, SoFi trades at a price-to-sales multiple of 3.9. Under our base-case assumptions, SoFi needs to achieve roughly $6.6 billion in revenue by 2030 to justify its current $16.88 stock price, assuming a 3.5 price-to-sales valuation and modest dilution.

Scenario	Revenue growth per year	2030 revenue	Price-to-sales	Shares	Implied share price
Bear	8% slowing to 5%	$7.2 billion	2.3×	1.45 billion	about $11.57 (-31%)
Base	16% slowing to 15%	$9.9 billion	3.5×	1.37 billion	about $25.47 (+51%)
Bull	24% slowing to 25%	$13.4 billion	4.3×	1.32 billion	about $43.71 (+159%)

Bear case

In the bear case, annual revenue growth slows to an average of roughly 6% per year (starting at 8% and dropping to 5%), resulting in $7.2 billion in 2030 revenue. With tighter lending margins or higher credit losses, the market compresses SoFi’s price-to-sales multiple to 2.3. Combined with share count expanding to 1.45 billion through stock compensation, the implied price drops to $11.57 per share, reflecting a 31% decline from today.

Base case

The base case projects revenue compounding at an average rate of 15% annually (slowing from 16% to 15%), pushing total revenue to $9.9 billion by 2030. Assuming stable profit margins, the market awards a price-to-sales multiple of 3.5. With dilution limited to 1.37 billion shares, the implied stock price reaches $25.47, offering a 51% gain from current levels.

Bull case

In the bull case, member acquisition accelerates and enterprise tech revenue expands rapidly, driving annual revenue growth at an average pace of 24% (starting at 24% and staying near 25%). Revenue reaches $13.4 billion by 2030. Valuation expands to a 4.3 price-to-sales multiple, and share dilution stays constrained at 1.32 billion shares. This results in an implied stock price of $43.71, representing a 159% gain.

The main takeaway from these scenarios is that SoFi’s upside depends heavily on maintaining double-digit top-line growth while preventing share count dilution from eating into per-share earnings value.

Key risks to consider

Before holding SoFi stock for the long haul, consider these potential risk factors:

• Credit risk and loan defaults: A weakening broader economy could lead to higher charge-off rates on personal and consumer loans, cutting directly into net income.
• Regulatory changes: Shift in federal rules regarding student loan management, consumer lending caps, or banking capital reserves could impact operating margins.
• Tech Solutions competition: If enterprise clients opt for alternative banking infrastructure providers, growth in the high-margin platform business could stagnate.
• Share dilution: Ongoing stock-based compensation can increase outstanding shares, diluting existing shareholders’ ownership percentage even as gross market capitalization grows.

What to watch next

Keep an eye out for upcoming quarterly earnings reports to monitor member additions, total deposit growth, and loan originations. Tracking management’s operational updates regarding the Tech Solutions segment will show whether enterprise revenue is picking up steam. Finally, pay attention to Federal Reserve rate moves, as lower interest rates can alter consumer borrowing demand and affect net interest margins.

FAQ

Market data and financials: Nasdaq. Scenario math: investing20.

This article is for information only and is not investment advice. Do your own research before investing.