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Why SoFi stock is gaining today

By Wealth Awesome -

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Stocks & ETFs:SOFI.US

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SoFi Technologies Inc. is seeing a rise in its stock price, thanks to recent developments in the stablecoin space.

SoFi Technologies Inc. (NASDAQ:SOFI) is up today, with shares increasing by 1.24% to close at CA$16.75. This gain follows significant news about its partnership with Mastercard, which has started live transactions using SoFi's stablecoin.

Investor takeaway: Investors should think about how SoFi's innovative partnerships could enhance the company's growth in the competitive fintech landscape.

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SoFi Technologies Inc.

SOFI.US

Full stock page →

SOFI.US

SoFi Technologies Inc.

Source:WealthAwesomeWealthAwesome
↓ $0.87 (-4.99%)
68 day period
$15.25$17.21$19.18Jun 17Aug 6Sep 23

Market cap

$22.16B

P/E

34.3x

52W high

$32.73

52W low

$14.88

1W change

-1.72%

Beta

2.21

Analyst Price Targets

Based on 24 analysts covering SOFI · as of Sep 17, 2026

📈

Wall Street analysts forecast SOFI stock price to rise 22.9% over the next 12 months.

Consensus

Hold

3.29 / 5.00

Avg. Target

C$20.34

+22.9% Upside

Current Price

C$16.55

Last close

Analyst Breakdown (24 analysts)

Strong Buy 5
Buy 3
Hold 12
Sell 2
Strong Sell 2
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on SOFI's historical volatility

HistoricalForecast68%95%
C$7.95C$11.55C$15.14C$18.73C$22.32C$25.91TodayJun 17Aug 6Sep 23Nov 5Dec 19Jan 31

30-Day Vol

46.9%

Annualized

90-Day Vol

52.3%

Annualized

Trend (90d)

-39.7%

Annualized drift

90d Mean

C$14.36

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$15.79C$13.43 – C$18.56
60 trading daysC$15.06C$11.98 – C$18.93
90 trading daysC$14.36C$10.85 – C$19.01

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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$25 billion in annualized volume

SoFi's partnership with Mastercard is expected to handle over $25 billion in transactions, showcasing the potential scale of its operations.

Bull case

The collaboration with Mastercard to process $25 billion in annualized volume through stablecoin transactions could position SoFi as a leader in the digital payment space. This could significantly boost its market share and revenue potential.

Bear case

However, the success of the stablecoin initiative comes with risks. Market adoption and regulatory challenges could affect SoFi's growth and profitability.

Partnership with Mastercard

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SoFi's partnership with Mastercard is a major step in the fintech industry, enabling live transactions using SoFiUSD, its stablecoin. This collaboration is expected to drive a massive volume of transactions, potentially changing how consumers interact with digital currencies.

Market Response

The stock's rise today reflects investor optimism about the partnership's implications. As SoFi continues to innovate in the fintech space, its use of blockchain technology for payment processing could attract more users and increase transaction volumes.

Future Outlook

While the immediate gains are encouraging, investors should be cautious about the long-term viability of the stablecoin initiative. Market adoption and regulatory scrutiny will be key factors in determining SoFi's future success in this competitive landscape.

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Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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📊 Data AccuracyVerified sources
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 24, 2026
Last Updated: September 24, 2026

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