SoFi Stock Surges Nearly 4% as Trade Tensions Ease, Goldman Raises Price Target
Updated: October 13, 2025, 5:05 PM EDT
SoFi Technologies Rebounds Amid Broader Market Rally
SoFi Technologies (SOFI) closed Monday’s trading session at $27.16, marking a significant 3.7% gain as financial stocks rebounded on easing U.S.-China trade concerns. The fintech company’s stock is now up an impressive 92.1% year-to-date and trading near its 52-week high, signaling strong investor confidence despite ongoing economic uncertainties.
Goldman Sachs Upgrades Price Target
The rally comes as Goldman Sachs analyst Michael Ng raised his price target for SoFi to $24.00 from a previous $21.00, though he maintained a Neutral rating on the stock. The current trading price of $27.16 already exceeds Goldman’s new target, suggesting the market may be pricing in more optimistic expectations for the company’s future performance.
Trade War Developments Drive Market Sentiment
Monday’s gains across financial stocks reflect a broader market rebound following signs that U.S.-China trade tensions may be cooling. This comes after recent tariff threats triggered sharp market sell-offs, with new data revealing the economic impact on American consumers.
According to a Goldman Sachs analysis reported today, U.S. consumers are now bearing more than half the cost of current tariffs—a finding that has intensified debate over trade policy effectiveness. Meanwhile, Associated Press data shows China’s exports to the U.S. dropped in September, even as the country’s global shipments hit a six-month high, indicating Chinese exporters may be redirecting goods to other markets.
What This Means for Investors
SoFi’s strong performance this year positions it as one of the standout fintech winners of 2025, though the stock’s trading well above analyst price targets may give some investors pause. The company’s sensitivity to broader financial sector trends—particularly interest rate policy and economic growth—means its fortunes remain tied to macroeconomic developments, including the ongoing evolution of U.S.-China trade relations.
Market observers will be watching closely to see whether today’s rally represents a genuine shift in trade policy direction or a temporary respite in an ongoing economic confrontation.