SoFi Technologies (NASDAQ:SOFI) Trading Up 4.8% – What’s Next?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) rose 4.8% during trading on Tuesday . The stock traded as high as $16.03 and last traded at $15.88. Approximately 51,120,888 shares changed hands during trading, a decline of 21% from the average daily volume of 64,369,379 shares. The stock had previously closed at $15.15.

SoFi Technologies News Roundup

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

• Positive Sentiment: Elon Musk publicly denied reports that SpaceX will exclude Robinhood and SoFi from its retail IPO allocation, easing the immediate risk that SoFi customers would be shut out of a large, high-profile deal. Elon Musk Denies Reports SpaceX IPO Will Exclude Robinhood and SoFi, But Why?
• Positive Sentiment: Analyst/retail commentary is highlighting SoFi as an oversold fintech value below $20, which can attract bargain‑hungry investors given SoFi’s recent profitability and growth narrative. Is SoFi Technologies (SOFI) one of the best oversold stocks to buy under $20?
• Positive Sentiment: Long-form bullish pieces argue SoFi’s product/technology loop and growing deposit & lending scale could drive multi‑year upside, supporting constructive investor sentiment. How SoFi’s financial services productivity loop and technology platform could turn 2,000 shares into a multibagger investment
• Neutral Sentiment: Morgan Stanley’s E*Trade reportedly secured the retail allocation for SpaceX’s IPO — important for the market structure of that deal but not definitive about which brokers will get allocations to their customers. That keeps headline risk alive for SoFi until allocations are finalized. Morgan Stanley’s E*Trade Secures Retail Allocation in Musk’s SpaceX IPO
• Neutral Sentiment: Macro/retail banking context: lists of top high‑yield savings accounts keep competitive deposit rates in focus; SoFi’s savings & deposit products are part of its deposit funding story but this article is broader market context rather than company‑specific news. Best high-yield savings interest rates today, March 31, 2026 (Earn up to 4% APY)
• Negative Sentiment: Several reports (Reuters‑cited coverage) suggested Robinhood and SoFi might be cut out of SpaceX’s IPO retail allocation in favor of E*Trade — that raises a distribution/revenue and customer‑experience risk if SoFi customers can’t access popular IPOs. Is E*Trade About to Cut Robinhood and SoFi Out of the SpaceX IPO?
• Negative Sentiment: Muddy Waters (a well‑known short seller) resurfaced with a warning tied to a JPMorgan deal and alleged ~$1B EBITDA downside scenario, amplifying short‑seller scrutiny and downside headline risk for SoFi. SoFi stock eyes worst quarter in 4 years: Muddy Waters returns with fresh JPMorgan deal warning, warns of $1B EBITDA risk
• Negative Sentiment: Opinion/analysis pieces (Seeking Alpha, TheStreet) call out structural risks and competitive/crypto exposure that bulls may be underestimating — these narratives can pressure sentiment and the stock multiple. SoFi: Bulls Are Overlooking The Biggest Risk In The Story

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SOFI. Truist Financial dropped their target price 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. Wells Fargo & Company initiated coverage on SoFi Technologies in a report on Thursday, March 19th. They issued an “equal weight” rating and a $19.00 price target for the company. Barclays boosted their price target on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a report on Monday, February 9th. Finally, UBS Group set a $24.50 price objective on shares of SoFi Technologies 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $25.91.

SoFi Technologies Stock Up 4.8%

The stock has a market cap of $20.25 billion, a price-to-earnings ratio of 41.79 and a beta of 2.21. The business’s 50 day moving average is $19.81 and its 200-day moving average is $24.96. 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 earnings results 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. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, sell-side analysts predict that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Insider Activity at SoFi Technologies

In related news, EVP Kelli Keough sold 9,742 shares of the business’s stock in a transaction that occurred 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven J. Freiberg sold 94,225 shares of the company’s stock in a transaction on Friday, February 6th. The shares were 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 owned 588,849 shares of the company’s stock, valued at $11,959,523.19. This represents a 13.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders acquired 38,900 shares of company stock worth $705,398 and sold 218,148 shares worth $4,161,735. Corporate insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of SoFi Technologies by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock worth $2,906,061,000 after acquiring an additional 3,900,895 shares during the period. State Street Corp raised its holdings in SoFi Technologies by 6.7% during the fourth quarter. State Street Corp now owns 25,937,928 shares of the company’s stock worth $679,055,000 after purchasing an additional 1,637,430 shares during the last quarter. Geode Capital Management LLC raised its holdings in SoFi Technologies by 9.0% during the fourth quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock worth $618,395,000 after purchasing an additional 1,951,248 shares during the last quarter. Morgan Stanley boosted its position in SoFi Technologies by 33.6% during the fourth quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock worth $348,806,000 after purchasing an additional 3,350,258 shares in the last quarter. Finally, Norges Bank purchased a new stake in SoFi Technologies during the fourth quarter worth $321,515,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

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.