SoFi (SOFI) stock caught the attention of investors on Friday following updates from the financial firm, such as its expansion into exchange-traded funds (ETFs). Investor interest has also increased ahead of the company’s earnings report on July 29, 2026. All of this may have investors wondering just how high SOFI stock can rise. If one analyst is right, the SOFI stock price could hit $30 per share.
Citi analyst Peter Christiansen holds the Street-high $30 price target for SoFi stock. This price target represents a possible 60.51% upside for the shares. Unsurprisingly, Christiansen also holds a Buy rating for the shares. The analyst last weighed in on SOFI stock on May 4, 2026.
Why Is Christiansen So Bullish on SoFi Stock?
Investors will note that Christiansen’s coverage of SoFi stock came after the company’s Q1 earnings report. The financial firm matched earnings per share estimates of 12 cents in that report and also posted revenue of $1.41 billion, which was well above Wall Street’s estimate of $1.05 billion.
The Citi analyst said the company’s Q1 earnings were strong, but ended up cutting his price target for the shares. Before this update, Christiansen’s price target for SOFI stock was $37. He cited multiple compression in the lending technology space as the main reason for the price target cut. Even so, Christiansen still has the highest price target for SOFI stock among his peers.
What to Expect from SoFi’s Next Earnings Report
With SoFi’s next earnings report just around the corner, investors are likely wondering how it will perform. The current estimates include EPS of 11 cents alongside revenue of $1.11 billion. Looking at the company’s earnings history, it’s likely to beat or match these estimates, as it has done so in all of the previous eight quarters.
SoFi Stock Movement Today
SoFi stock was up 1.02% on Friday, but was still down 28.19% year-to-date. The stock has also fallen 12.17% over the past 12 months.
SOFI stock trading activity today was light, as some 39 million shares changed hands. For comparison, the company’s three-month average daily trading volume was about 81 million shares.
Is SoFi Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for SoFi is Hold, based on six Buy, nine Hold, and three Sell ratings over the past three months. With that comes an average SOFI stock price target of $21.13, which suggests a possible 12.38% upside for the shares. (See SOFI Stock Forecast)
