Stock Track | SoFi Technologies Soars 5.07% Intraday Following J.P. Morgan Upgrade and Positive Analyst Sentiment

Stock Track02-03 22:37

SoFi Technologies Inc. (SOFI) experienced a significant price increase of 5.07% during intraday trading on Tuesday, reflecting strong positive momentum for the fintech stock.

The primary catalyst for the surge was J.P. Morgan's upgrade of SoFi's stock rating to "overweight" from "neutral." The brokerage firm attributed the upgrade to the company's "undeniable execution," a "more tenable valuation" after recent declines, and a better-than-expected fourth-quarter earnings report. J.P. Morgan also noted that SoFi continues to add customers and deposits at a record pace while other fintech companies face challenges, expressing a long-term optimistic view of SoFi's potential in the digital banking sector.

Additional supportive analyst commentary contributed to the positive sentiment, with Mizuho Securities reiterating a Buy rating on the stock. This combination of upgraded and reaffirmed positive ratings from major financial institutions appears to have driven investor confidence and buying activity during the trading session.

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Morgan Upgrade and Positive Analyst Sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-02-03 22:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SoFi Technologies Inc. (SOFI) experienced a significant price increase of 5.07% during intraday trading on Tuesday, reflecting strong positive momentum for the fintech stock.</p><p>The primary catalyst for the surge was J.P. Morgan's upgrade of SoFi's stock rating to \"overweight\" from \"neutral.\" The brokerage firm attributed the upgrade to the company's \"undeniable execution,\" a \"more tenable valuation\" after recent declines, and a better-than-expected fourth-quarter earnings report. J.P. 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