SoFi Technologies (NASDAQ:SOFI) Trading 1.4% Higher – What’s Next?
by Michael Walen · The Markets DailySoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) was up 1.4% on Thursday . The company traded as high as $15.89 and last traded at $15.85. Approximately 52,889,929 shares changed hands during trading, a decline of 17% from the average daily volume of 64,091,090 shares. The stock had previously closed at $15.63.
More SoFi Technologies News
Here are the key news stories impacting SoFi Technologies this week:
- Positive Sentiment: SoFi launched a business banking product that lets enterprise customers hold deposits, transfer funds and settle transactions through its nationally chartered bank — a move that can grow core deposits, deepen customer relationships and support fee income. SoFi Launches Banking Service for Businesses. Can It Boost the Struggling Stock?
- Positive Sentiment: SoFi expanded its Loan Platform business, securing more than $3.6 billion in personal-loan delivery commitments across three new partners — this shifts revenue mix toward fee-based, lower-capital growth and reduces sensitivity to net interest margin swings. A Look At SoFi Technologies (SOFI) Valuation After Expanding Its Loan Platform Partnerships
- Positive Sentiment: Inclusion in the FTSE All-World index (noted in coverage of the loan-platform expansion) may drive passive inflows and broaden investor base, supporting share demand. A Look At SoFi Technologies (SOFI) Valuation After Expanding Its Loan Platform Partnerships
- Positive Sentiment: The Motley Fool named SoFi among long-term “monster” stock picks, reinforcing a narrative that SoFi is well positioned in digital banking/consumer finance — helpful for retail sentiment. 3 Monster Stocks to Hold for the Next 10 Years
- Neutral Sentiment: SoFi scheduled its Q1 2026 earnings release and conference call for April 29 — an upcoming catalyst where results and guidance will likely drive short-term moves. SoFi Schedules Conference Call to Discuss Q1 2026 Results
- Neutral Sentiment: SoFi has been a “trending” stock in market coverage (higher attention and volume), which can amplify volatility but is not directionally predictive. SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: Short-seller Muddy Waters alleged improper accounting (unrecorded debt, inflated EBITDA); SoFi has denied the claims and the CEO purchased about $500k of stock — the allegations create material reputational and regulatory risk until resolved. How Investors May Respond To SoFi Technologies (SOFI) Short-Seller Allegations And CEO Stock Purchase
- Negative Sentiment: Coverage noted a recent share-price decline and intraday weakness despite broader market gains, highlighting investor skepticism and near-term volatility risk. SoFi Technologies, Inc. (SOFI) Stock Drops Despite Market Gains: Important Facts to Note
Analyst Ratings Changes
Several equities analysts have recently commented on SOFI shares. Barclays raised their price target on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Truist Financial dropped their target price on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Citizens Jmp raised shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research report on Monday, February 9th. JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a report on Tuesday, February 3rd. Finally, Needham & Company LLC lowered their price target on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $25.91.
SoFi Technologies Price Performance
The firm has a market capitalization of $20.21 billion, a PE ratio of 41.71 and a beta of 2.24. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The stock has a fifty day moving average price of $19.42 and a 200-day moving average price of $24.82.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. During the same period in the prior year, the business posted $0.05 EPS. The firm’s quarterly revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Sell-side analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, EVP Kelli Keough sold 9,742 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $16.94, for a total value of $165,029.48. Following the sale, the executive vice president directly owned 343,026 shares in the company, valued at approximately $5,810,860.44. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven J. Freiberg sold 94,225 shares of SoFi Technologies stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the completion of the transaction, the director directly owned 588,849 shares in the company, valued at approximately $11,959,523.19. The trade was a 13.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 38,900 shares of company stock worth $705,398 and sold 218,148 shares worth $4,161,735. 2.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On SoFi Technologies
A number of large investors have recently made changes to their positions in the business. Lake Street Private Wealth LLC boosted its position in shares of SoFi Technologies by 4.9% in the 4th quarter. Lake Street Private Wealth LLC now owns 8,368 shares of the company’s stock worth $219,000 after purchasing an additional 390 shares in the last quarter. Xcel Wealth Management LLC increased its position in SoFi Technologies by 0.6% during the 3rd quarter. Xcel Wealth Management LLC now owns 70,932 shares of the company’s stock valued at $1,874,000 after buying an additional 392 shares in the last quarter. Capital Advisors Wealth Management LLC raised its stake in SoFi Technologies by 0.4% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 109,483 shares of the company’s stock valued at $2,866,000 after buying an additional 401 shares during the last quarter. First Horizon Corp raised its stake in SoFi Technologies by 14.9% in the fourth quarter. First Horizon Corp now owns 3,116 shares of the company’s stock valued at $82,000 after buying an additional 405 shares during the last quarter. Finally, Cigna Investments Inc. New boosted its holdings in SoFi Technologies by 3.8% in the fourth quarter. Cigna Investments Inc. New now owns 11,440 shares of the company’s stock worth $299,000 after acquiring an additional 416 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.
SoFi Technologies Company Profile
SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.
SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.