Benzinga
13 Oct 2026, 13:37 UTC · 1h ago
SoFi Stock Is Cheap Now, StoneX Says After 40% Drop
Impact · against what's priced in
StoneX's initiation of SoFi as a Buy is a bullish signal, but the fundamental catalysts cited—including the stablecoin and recent revenue beats—are already accounted for or actively discounted by the market. The news for ASTS is a tactical analyst upgrade following a price drop, which does not resolve the core execution risks the market is currently refusing to pay for.
- SOFI+0.30
Challenges what's priced in
- The price assumes
The $10 billion revenue and $1.42 EPS target for 2030
StoneX's $25 price target is significantly higher than the $19 consensus, suggesting that some analysts are now willing to pay for the aggressive growth targets the broader market has been declining.
What SOFI's price assumes · Sep 4
