SoFi Technologies (NASDAQ:SOFI) Trading Up 2.4% – What’s Next?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) traded up 2.4% during trading on Tuesday . The company traded as high as $18.71 and last traded at $18.66. 61,129,273 shares changed hands during trading, an increase of 3% from the average session volume of 59,521,309 shares. The stock had previously closed at $18.22.

Wall Street Analysts Forecast Growth

SOFI has been the topic of a number of recent research reports. BTIG Research restated a “neutral” rating on shares of SoFi Technologies in a research note on Wednesday, October 29th. The Goldman Sachs Group lowered their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Citigroup boosted their price objective on shares of SoFi Technologies from $28.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Barclays increased their price objective on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Finally, UBS Group set a $24.50 price objective on shares of SoFi Technologies in a research note on Monday, February 2nd. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, SoFi Technologies has a consensus rating of “Hold” and a consensus price target of $26.34.

SoFi Technologies Price Performance

The business’s 50 day moving average is $24.41 and its two-hundred day moving average is $26.17. The firm has a market capitalization of $22.50 billion, a PE ratio of 49.11 and a beta of 2.13. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Friday, January 30th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. SoFi Technologies’s revenue was up 39.6% compared to the same quarter last year. During the same period last year, the business earned $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Equities research analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CTO Jeremy Rishel sold 91,837 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the transaction, the chief technology officer directly owned 794,598 shares in the company, valued at $21,168,090.72. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Robert S. Lavet purchased 5,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. The trade was a 41.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 214,753 shares of company stock worth $5,045,087 over the last ninety days. Corporate insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

A number of large investors have recently made changes to their positions in SOFI. Brighton Jones LLC grew its holdings in shares of SoFi Technologies by 2.0% during the 4th quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after acquiring an additional 14,281 shares during the period. Caxton Associates LLP bought a new position in shares of SoFi Technologies during the first quarter valued at $129,000. Empowered Funds LLC boosted its stake in shares of SoFi Technologies by 5.2% in the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after buying an additional 1,631 shares during the last quarter. Bleakley Financial Group LLC bought a new stake in SoFi Technologies during the second quarter valued at approximately $304,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in SoFi Technologies by 29.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,399,960 shares of the company’s stock worth $61,913,000 after buying an additional 773,308 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

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.