Truist raised its price target on SoFi to $18 from $17 and kept a Hold rating ahead of SoFi Technologies Inc.'s second-quarter results expected on July 29. Sofi stock has fallen about 40% in 2026, so the update gives investors one more analyst read before the earnings release.
Truist and Goldman Sachs
The new $18 target implies about 9% upside from the last close, which is smaller than the broader analyst average. Earlier this month, Goldman Sachs lifted its target to $21 from $17 and kept a Neutral rating, a sign that recent adjustments have leaned toward higher valuation estimates without shifting every firm into a more bullish stance.
Across 23 analysts, seven rate the stock Buy or higher, 12 rate it Hold, and four rate it Sell or lower. The average target stands at $20.63, implying about 25% upside from the last close.
SOFI Stock and Q2 results
Analysts expect SoFi to report quarterly revenue of $1.11 billion and earnings per share of $0.11. That revenue view points to nearly 30% growth from a year earlier, while EPS is expected to rise more than 37%.
SoFi Technologies Inc. has logged four out of six months in the red this year, and SOFI stock is headed for another month of decline. The shares are also down more than 21% over the last year, leaving traders focused on whether the company can deliver enough operating momentum to slow the slide.
Stocktwits and Federal Open Market Committee
Retail sentiment on Stocktwits was bearish at the time of writing and message volumes were low. One retail user said, “This is not the best week for $SOFI to report earnings…” and added, “That creates a lot of unnecessary macro uncertainty around the stock.”
Another retail user wrote, “I honestly expect SoFi to beat estimates and put up another strong quarter. The bigger question is guidance,” and described management’s history as “leaned conservative.” That same user said their base case “is still a beat with maintained guidance.”
The timing adds another layer: SoFi reports results just hours before the Federal Open Market Committee decision. For investors, the near-term setup now turns on whether the July 29 report and guidance can shift the stock’s weak trend enough to matter against a larger market move the same day.
