Ark Invest CEO Cathie Wood has decided to sell over 21,000 shares of SoFi Technologies stock (SOFI), worth approximately $600,000 at press time. SOFI stock is up over 75% YTD, so the mass sale of stock by Wood is a notable move. Partially thanks to this big sale of SOFI, the stock is now down 2% on Monday, and an overall 4.4% in the past 30 days.
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. Analysts are mostly optimistic about SoFi, with current price targets significantly above the market price of $27.07. Needham and Citigroup are particularly bullish, setting price targets at $36.00 and $37.00, respectively.
However, other firms like JPMorgan are more cautious with their forecasts, rating SOFI a Hold. 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.” Truist analyst Matthew Coad also cut his price target on SoFi stock 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.
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SoFi’s recent $1.5 billion capital raise aims to enhance its balance sheet, supporting its growth strategies in the fintech space. The move could provide its stock with a boost, but many analysts are still concerned about overvaluation. In Q3 2025, SoFi added 905,000 members, reaching a total of 12.6 million members, with revenue climbing 38% year-over-year. Should this continue in the company’s next Q4 report, SOFI could regain some momentum and be seen as a safer option.
SOFI is trading near the top of its 52-week range and above its 200-day simple moving average. However, it is trading downwards, and could enter 2026 on a bearish note.