SoFi Technologies, Inc. (NASDAQ:SOPHIE) is one of the 10 Best Financial Stocks to Buy for the Long Term. Despite beating Wall Street estimates in the fourth quarter, SoFi Technologies, Inc. (NASDAQ:SOFI) has seen several price target cuts from analysts following the earnings report. On February 2, Needham analyst Kyle Peterson cut the company’s price target from $36 to $33, while reaffirming a buy rating.

The adjustment comes after the company’s fourth-quarter results beat Wall Street expectations on both earnings and revenue. The analyst highlighted solid performance and sustained growth in the company’s core lending business on the company’s balance sheet, along with faster-than-expected scaling of its light equity lending platform. Management’s continued focus on high-margin growth areas within FinTech and capital-light was also cited as a positive, according to the company.

Also, on February 2, TD Cowen also cut their price target on SoFi Technologies, Inc. (NASDAQ:SOFI) from $25 to $24, maintaining the Hold rating. The company’s price target reflects an additional 8.7% upside from current levels. The company’s fourth-quarter earnings pace was supported by a higher acquisition rate and stronger-than-expected lending platform business creation, the company said. Additionally, the analyst said SoFi’s guidance for 2026 came in above consensus expectations.

SoFi Technologies, Inc. (NASDAQ:SOFI) provides financial services in Canada, the United States, Hong Kong and Latin America. The company operates in the technology platform, lending and financial services segments. It provides SoFi Credit Card, SoFi Relay, SoFi Protect, SoFi Travel, SoFi At Work, Lantern Credit and others.

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Disclosure: no. This article is originally published in Monkey Insider.