SoFi Technologies (NASDAQ:SOFI) Stock Price Down 4% – Should You Sell?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price was down 4% on Friday . The company traded as low as $15.15 and last traded at $15.23. Approximately 54,210,449 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 64,620,141 shares. The stock had previously closed at $15.87.

SoFi Technologies News Summary

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

• Positive Sentiment: Galileo integration continues to be a growth engine for SoFi’s fintech ecosystem—powering BNPL, AI engagement tools and faster product rollouts that support fee revenue and cross‑sell. SoFi’s Galileo Integration: A Key Engine Behind Its Fintech Expansion
• Positive Sentiment: SoFi expanded its Loan Platform Business with agreements totaling over $3.6 billion, a near‑term source of revenue and a capital‑light way to scale personal‑loan volume. SoFi Expands Loan Platform Business with Multiple New Agreements Totaling Over $3.6 Billion
• Positive Sentiment: CEO Anthony Noto bought 28,900 shares, a material insider purchase management says signals confidence amid public scrutiny. CEO Anthony Noto Just Bought 28,900 Shares of SoFi Stock
• Positive Sentiment: Analyst coverage is turning constructive: Seeking Alpha upgraded SoFi on execution—highlighting strong 2025 revenue and member growth plus management’s multi‑year revenue and EPS CAGR targets. SoFi: Execution Makes It A Buy Again (Rating Upgrade)
• Neutral Sentiment: Market commentary notes SoFi’s evolution into a broader digital banking platform—important context for long‑term investors but not an immediate catalyst. MarketBeat Week in Review – 03/23 – 03/27
• Neutral Sentiment: Unrelated sector note: Block’s Square announced merchant expansions (Steak Escape), which is industry context but not directly tied to SoFi. Block Expands Square’s Ecosystem: Will It Drive GPV Growth?
• Negative Sentiment: Muddy Waters and other short sellers have publicly accused SoFi of accounting and securitization problems; that scrutiny has pressured the stock and raised questions about funding quality despite SoFi’s forceful rebuttals. SoFi Short-Seller Clash Puts Accounting Quality And Valuation In Focus
• Negative Sentiment: Prominent investor Steve Eisman warned that SoFi’s private‑credit and securitization practices could be “potentially a disaster,” amplifying credit‑cycle concerns that hit investor sentiment. ‘Big Short’ Legend Steve Eisman Says SoFi’s Private Credit Problems Could Be ‘Potentially A Disaster’
• Negative Sentiment: Despite the $3.6B LPB deals, shares dipped after the announcement—indicating the market is focused on geopolitical risk and credit/short‑seller headlines rather than the new funding commitments. SoFi shares fall 4.3% despite announcing $3.6 billion funding expansion

Wall Street Analysts Forecast Growth

SOFI has been the subject of a number of analyst reports. The Goldman Sachs Group lowered their price target on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Truist Financial reduced their price objective on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Barclays upped their price objective on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. UBS Group set a $24.50 price objective on SoFi Technologies in a research note on Monday, February 2nd. Finally, Wells Fargo & Company started coverage on SoFi Technologies in a report on Thursday, March 19th. They issued an “equal weight” rating and a $19.00 target price for the company. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $25.91.

SoFi Technologies Price Performance

The company has a market capitalization of $19.42 billion, a P/E ratio of 40.08 and a beta of 2.20. The firm’s fifty day moving average is $20.03 and its 200 day moving average is $25.04. 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 announced its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. During the same quarter last year, the firm earned $0.05 earnings per share. The firm’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. As a group, analysts predict that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Kelli Keough sold 9,742 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $16.94, for a total transaction of $165,029.48. Following the completion of the transaction, the executive vice president owned 343,026 shares in the company, valued at $5,810,860.44. The trade was a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Jeremy Rishel sold 94,958 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total value of $1,655,117.94. Following the completion of the transaction, the chief technology officer directly owned 839,640 shares in the company, valued at $14,634,925.20. This trade represents a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, 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 insiders.

Institutional Trading of SoFi Technologies

A number of large investors have recently made changes to their positions in SOFI. Valley Wealth Managers Inc. bought a new stake in SoFi Technologies during the 4th quarter valued at about $25,000. Vermillion Wealth Management Inc. boosted its position in SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock valued at $26,000 after buying an additional 739 shares during the period. Blue Trust Inc. grew its stake in SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after acquiring an additional 878 shares in the last quarter. Reflection Asset Management purchased a new position in shares of SoFi Technologies during the fourth quarter worth approximately $28,000. Finally, Central Pacific Bank Trust Division purchased a new position in shares of SoFi Technologies during the fourth quarter worth approximately $28,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

About SoFi Technologies

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.