Cathie Wood Buys the Pullback in SoFi Stock; Why Is Wall Street Still Cautious?

Prior to this transaction, ARKK bought 202,095 SOFI shares on June 30 and 92,999 shares on June 29.

However, Wall Street’s consensus rating reflects a cautious stance on SOFI stock. Let’s discuss analysts’ opinions on SOFI stock.

Analysts Have Mixed Views on SOFI Stock

Recently, TD Cowen analyst Moshe Orenbuch reiterated a Hold rating on SoFi Technologies stock with a price target of $18. Commenting on SoFi’s May 2026 personal loan trust data, the 5-star analyst noted that the pace of cumulative loss increases slowed compared with the previous month, but delinquencies rose. Orenbuch added that industry data from dv01 reflected improvements in net charge-offs (NCOs) and delinquencies relative to seasonal patterns, though SoFi underperformed the broader market with its higher delinquency rate likely fueled by prepayments.

Meanwhile, William Blair analyst Andrew Jeffrey reaffirmed a Buy rating on SOFI stock. Following his meeting with CEO Anthony Noto, the 5-star analyst said that while SoFi has good long-term growth potential, he doesn’t see any major near-term catalysts. Jeffrey added that his second-half outlook is more positive for digital fintechs Dave (DAVE), Chime (CHYM), and Affirm (AFRM).