SoFi CEO Just Bought $1 Million of His Own Stock - And Analysts Think It Could Hit $26
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SoFi CEO Just Bought $1 Million of His Own Stock - And Analysts Think It Could Hit $26
"On March 2, 2026, CEO Anthony Noto purchased 56,000 shares at a weighted average price of $17.88, bringing his total direct holdings to over 11.6 million shares. That conviction is hard to ignore."
"JPMorgan raised its target in February, upgrading SoFi stock to Overweight with a $31 price target, citing rapid member and deposit growth relative to fintech peers. Citizens also recently upgraded the stock."
"SoFi's 2026 adjusted EPS guidance of approximately $0.60 is the key figure. The company is guiding for 30% revenue growth to approximately $4.655 billion and adjusted EBITDA of $1.6 billion in 2026. SoFi just posted its ninth consecutive profitable quarter and crossed $1 billion in quarterly revenue for the first time in company history."
"CEO Noto called SoFi USD 'a game changer for our business,' positioning the company as infrastructure for banks and fintechs. SoFi launched crypto trading and the SoFiUSD stablecoin in late 2025."
SoFi Technologies shares have fallen to $18.61 from a 52-week high of $32.73, yet CEO Anthony Noto purchased 56,000 shares at $17.88, demonstrating confidence in the company's direction. Wall Street remains constructive with a consensus price target of $26.50, supported by JPMorgan's Overweight rating and $31 target citing rapid member and deposit growth. The company projects 30% revenue growth to $4.655 billion and adjusted EBITDA of $1.6 billion in 2026, with 2026 adjusted EPS guidance around $0.60. SoFi achieved its ninth consecutive profitable quarter and crossed $1 billion in quarterly revenue for the first time. Key growth catalysts include crypto trading expansion, SoFiUSD stablecoin launch, and the Wyndham Capital Mortgage acquisition.
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