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SoFi Stock Rises After Q2 Revenue Beat; Morgan Stanley Cuts Target

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  1. SoFi stock surged to its best day of 2026 after record Q2 revenue.

  2. Morgan Stanley lowered its price target on SoFi to $15 from $16.

  3. Morgan Stanley maintained an 'Underweight' rating on SoFi shares.

  4. Q2 revenue beat by 7%.

  5. Morgan Stanley said growth is becoming more capital intensive.

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SoFi Stock Rises After Q2 Revenue Beat; Morgan Stanley Cuts Target · in5points