JPMorgan Upgrades SoFi Technologies (SOFI) to Overweight After Q4 Results and 2026 Guidance

SoFi Technologies, Inc. (NASDAQ:SOFI) ranks among the best innovative stocks to buy according to Wall Street analysts. On February 3, JPMorgan raised SoFi Technologies, Inc. (NASDAQ:SOFI) to Overweight from Neutral, citing a post-earnings share fall as a more appealing buying opportunity. The firm stated that SoFi’s fourth-quarter results demonstrated strong execution, with exceptional results and favorable 2026 earnings guidance.

According to JPMorgan, SoFi Technologies, Inc. (NASDAQ:SOFI) continues to acquire members and grow deposits more rapidly than several of its fintech counterparts, which have experienced stagnant growth or deposit withdrawals. The firm stated that this matches SoFi’s aim of promoting itself as a full-service digital bank for high-income customers who are tech-literate.

SoFi Technologies, Inc. (NASDAQ:SOFI) projected revenue growth of roughly 30% and adjusted EBITDA margins of 34% for 2026. JPMorgan noted that the first-quarter forecast came in below expectations, as the company continues to invest heavily in marketing and products. However, it added that SoFi Technologies, Inc. (NASDAQ:SOFI) has a history of exceeding its own expectations.

SoFi Technologies, Inc. (NASDAQ:SOFI) is a U.S.-based fintech and banking platform that offers crypto services, alongside loans, deposits, and investments.

While we acknowledge the potential of SOFI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.