SoFi Technologies (NASDAQ:SOFI) Shares Up 2.9% – Time to Buy?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) were up 2.9% on Thursday . The company traded as high as $19.48 and last traded at $19.25. Approximately 68,021,130 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 62,049,750 shares. The stock had previously closed at $18.70.

Key Headlines Impacting SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

• Positive Sentiment: Unusually large call buying — investors bought ~632,777 SOFI calls (≈45% above typical daily call volume), signaling elevated bullish/options-driven demand that can amplify intraday upside.
• Positive Sentiment: Mastercard stablecoin payments deal boosts product momentum and payments roadmap; market has reacted positively to the potential for fee and product expansion. SoFi Shares Rise on Mastercard Stablecoin Payments Deal
• Positive Sentiment: Templum is offering select Cosmos Fund private placements (OpenAI, Perplexity AI, Colossal Biosciences) to SoFi members — a potential engagement and fee-generating product that can deepen member relationships. Templum to Offer Premier Private Market Investment Opportunities…
• Positive Sentiment: CEO insider buy — the CEO purchased ~$1M of SOFI stock, a signal often viewed positively by investors as alignment with shareholder interests. SoFi CEO Just Bought $1 Million of His Own Stock — And Analysts Think It Could Hit $26
• Positive Sentiment: Seeking Alpha upgrade to Buy citing a compelling valuation after a sharp pullback and solid fundamentals (Q4 dual beat and upbeat guidance) — this can attract value-focused investors. SoFi: The Rebound Has Started (Rating Upgrade)
• Neutral Sentiment: Zacks highlighted SOFI as a trending stock worth watching — increases visibility among retail users but is not a fundamental catalyst by itself. Here is What to Know Beyond Why SoFi Technologies, Inc. (SOFI) is a Trending Stock
• Neutral Sentiment: Valuation pieces and analyst commentary are circulating as the stock swings; these can drive churn but don’t change the company’s recent beat-and-guide fundamentals. Assessing SoFi Technologies (SOFI) Valuation After Recent Share Price Swings
• Negative Sentiment: Consensus analyst stance remains cautious — a recent aggregation shows a “Hold” consensus, which can limit upside from institutional rotations. SoFi Technologies, Inc. (NASDAQ:SOFI) Receives Consensus Recommendation of “Hold” from Analysts
• Negative Sentiment: Some analysts trimmed targets (e.g., Truist cut its target toward $21), reflecting remaining execution and valuation concerns that could cap near-term gains. Analyst Opinion Mixed on SoFi Technologies (SOFI) Stock in February

Analyst Ratings Changes

A number of equities research analysts recently commented on SOFI shares. UBS Group set a $24.50 price objective on SoFi Technologies in a report on Monday, February 2nd. Bank of America started coverage on SoFi Technologies in a research report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 target price for the company. Barclays increased their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. Truist Financial decreased their price objective on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group cut their target price on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, SoFi Technologies has an average rating of “Hold” and an average target price of $26.34.

SoFi Technologies Trading Up 2.9%

The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $24.55 billion, a P/E ratio of 50.66 and a beta of 2.20. The business has a 50 day moving average of $23.28 and a 200-day moving average of $25.93.

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

Insider Buying and Selling

In other SoFi Technologies news, General Counsel Robert S. Lavet bought 5,000 shares of SoFi Technologies stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the acquisition, the general counsel owned 17,172 shares of the company’s stock, valued at $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Eric Schuppenhauer bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was acquired at an average cost of $19.93 per share, with a total value of $99,650.00. Following the transaction, the executive vice president owned 228,768 shares of the company’s stock, valued at $4,559,346.24. This represents a 2.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders sold 214,753 shares of company stock valued at $5,045,087. Corporate insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

A number of large investors have recently modified their holdings of the business. Valley Wealth Managers Inc. acquired a new stake in shares of SoFi Technologies in the fourth quarter valued at about $25,000. Vermillion Wealth Management Inc. increased its position in shares of SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 739 shares during the last quarter. Blue Trust Inc. increased its position in shares of SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after purchasing an additional 878 shares during the last quarter. Reflection Asset Management bought a new stake in shares of SoFi Technologies during the 4th quarter worth approximately $28,000. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of SoFi Technologies in the 4th quarter valued at approximately $28,000. 38.43% of the stock is currently 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.