SoFi stock price suffered a harsh reversal on Tuesday as it slipped by 10% even as the equities market soared. It retreated to a low of $26.35, down 20% from its 2025 high. This article explores why it has retreated and what to expect.
SoFi Stock Has Retreated as Analysts Remain Cautious
Wall Street analysts have turned cautious about the SoFi share price. Data compiled by MarketBeat shows that the consensus estimate among analysts is $25.45, down by 2.2% from the current level.
Most analysts have a hold rating, while seven of them have a buy rating. Two analysts have a sell rating for the stock. The most bullish analysts are from Barclays, Citigroup, Needham, and Jefferies, who believe it may jump to over $35.
Therefore, the SoFi stock price has entered a technical bear market, as investors remain cautious about its upside. Besides, it has been one of the best-performing stocks over the past few years, rising by over 663% from its 2023 low to its 2025 high.
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The stock has also retrated as analysts and investors remain concerned about its valuation. Its forward price-to-earnings (P/E) ratio has jumped to 74, well above the sector median of 11. Its valuation multiple is much higher than Nvidia, a company with a faster growth rate and higher margins.
SoFi stock also retreated after analysts at Bank of America predicted that it would need to make an acquisition soon to supercharge its growth. The analyst sees crypto as a good place to start, as the company has committed to restarting its business this year.
SoFi would join other companies that have made some acquisitions in the crypto industry. For example, Coinbase acquired Deribit last year, while Robinhood bought Bitstamp.
Analysts anticipate that the company’s growth will slow this year. The average estimate is that the annual revenue rose by 36% in 2025 and then slowed to 25.40% this year.
SoFi Share Price Technical Analysis
The daily chart shows that the SoFi stock price has pulled back in the past few weeks. It has moved below the 50-day Exponential Moving Average (EMA).
The Supertrend indicator has turned red, which is a highly bearish sign in technical analysis. At the same time, it has formed a near-perfect diamond pattern, a common bearish reversal sign.
Therefore, the stock will likely continue falling, potentially to the key support at $23.65, its lowest level in November.
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