Cathie Wood Sells SOFI Stock Despite 77% YTD Rally. Here's Wall Street's Take

SoFi Technologies (SOFI) shares are up about 77% so far this year, driven by strong revenue and earnings growth. The fintech company has benefited from a growing member base and the steady launch of new products. Despite this strong run, Cathie Wood trimmed her exposure to the stock. On Friday, Wood's ARK Invest sold 21,094 shares of SoFi, worth roughly $0.6 million. Meanwhile, Wall Street remains split on SOFI's outlook. While analysts acknowledge the company's solid execution and consistent performance, they prefer to remain on the sidelines due to valuation concerns. As a result, the overall Wall Street consensus rating indicates a cautious stance on SOFI stock.Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential Analysts Are Cautious on SOFI Stock Recently, JPMorgan analyst Reginald Smith raised its price target on SoFi to $31 from $28 while keeping a Neutral rating on the stock. The update came as part of the firm's 2026 outlook for the financial technology sector. The bank expects growth in the fintech space to slow in 2026. JPMorgan pointed to a weaker labor market and delayed impacts from tariffs as key reasons for the slowdown. These pressures are expected to be partly offset by tax cuts, leading the firm to describe the outlook as a "soft-landing grind." Meanwhile, Truist analyst Matthew Coad cut his price target on SoFi to $28 from $31 while keeping a Hold rating. The analyst lowered his revenue and earnings estimates for Q4 2025, 2026, and 2027, pointing to tougher year-over-year comparisons. Also, Keefe Bruyette & Woods (KBW) analyst Tim Switzer reiterated a Sell rating on SOFI stock but raised his price target from $18 to $20. The analyst highlighted the company's upbeat Q3 top line and EBITDA (earnings before interest, taxes, depreciation, and amortization), but believes that the long-term risk/reward profile still doesn't look attractive. Is SOFI Stock a Good Buy Now? Currently, Wall Street has a Hold consensus rating on SoFi Technologies stock based on five Buys, seven Holds, and four Sell recommendations. The average SOFI stock price target of $27.50 per share implies that shares are trading near fair value.