SoFi Technologies (NASDAQ:SOFI) Trading Down 1.6% – Time to Sell?

SoFi Technologies, Inc. (NASDAQ:SOFI) shares fell 1.6% during mid-day trading on Wednesday . The stock traded as low as $15.44 and last traded at $15.63. 57,389,476 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 64,265,566 shares. The stock had previously closed at $15.88.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi’s CEO bought roughly $500k of SOFI shares after the short-seller report, a common signal intended to reassure investors and suggest management confidence amid scrutiny. How Investors May Respond To SoFi Technologies (SOFI) Short-Seller Allegations And CEO Stock Purchase
• Positive Sentiment: Longer-term bull narratives remain in coverage (articles arguing SoFi’s tech/productivity loop could drive multisector growth), which supports a “recovery” thesis if execution and disclosures clear short-term doubts. How SoFi’s financial services productivity loop and technology platform could turn 2,000 shares into a multibagger investment
• Neutral Sentiment: SoFi scheduled its Q1 2026 earnings release and conference call for April 29 — a key near-term catalyst where management can address Muddy Waters’ claims and provide forward guidance. SoFi Schedules Conference Call to Discuss Q1 2026 Results
• Neutral Sentiment: SoFi is a trending / widely searched stock this morning, which can amplify intraday volatility but doesn’t by itself change fundamentals. SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It and SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It (Zacks)
• Negative Sentiment: Muddy Waters’ fresh allegations (unrecorded debt, inflated EBITDA, warnings about a potential ~$1B EBITDA risk tied to JPMorgan deal language) have driven negative headlines and analyst/investor concern — the principal reason sentiment is weak. SoFi stock eyes worst quarter in 4 years: Muddy Waters returns with fresh JPMorgan deal warning, warns of $1B EBITDA risk
• Negative Sentiment: Analyst/short-seller pieces (e.g., Seeking Alpha and other reports) highlight execution and accounting risks that could pressure multiples and investor appetite until audited disclosures or independent reviews resolve questions. SoFi: Bulls Are Overlooking The Biggest Risk In The Story
• Negative Sentiment: Press reports that SoFi’s brokerage might be excluded from large IPO retail allocations (SpaceX) raised concerns about lost trading/revenue opportunities, though Elon Musk later disputed exclusions; the headlines still add to near-term uncertainty for the brokerage segment. Is E*Trade About to Cut Robinhood and SoFi Out of the SpaceX IPO?

Wall Street Analyst Weigh In

SOFI has been the subject of a number of research reports. The Goldman Sachs Group decreased their price objective on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Monday, February 9th. Truist Financial reduced their price target on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Barclays raised their price target on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Finally, Needham & Company LLC cut their price objective on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $25.91.

SoFi Technologies Price Performance

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 company has a fifty day moving average price of $19.62 and a two-hundred day moving average price of $24.89. The company has a market cap of $19.93 billion, a P/E ratio of 41.13 and a beta of 2.20.

SoFi Technologies (NASDAQ:SOFI) last released 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 business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.SoFi Technologies’s revenue was up 39.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. On average, sell-side analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Activity at SoFi Technologies

In related news, Director Steven J. Freiberg sold 94,225 shares of the business’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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Robert S. Lavet purchased 5,000 shares of the business’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the purchase, the general counsel owned 17,172 shares of the company’s stock, valued at approximately $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. Over the last quarter, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 218,148 shares worth $4,161,735. 2.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On SoFi Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC increased its position in SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock worth $11,077,000 after buying an additional 14,281 shares during the last quarter. Caxton Associates LLP bought a new position in shares of SoFi Technologies during the 1st quarter worth approximately $129,000. Empowered Funds LLC increased its holdings in shares of SoFi Technologies by 5.2% during the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after acquiring an additional 1,631 shares during the last quarter. Franklin Resources Inc. raised its stake in SoFi Technologies by 23.2% in the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock valued at $251,000 after acquiring an additional 2,596 shares during the period. Finally, Prudential Financial Inc. raised its stake in SoFi Technologies by 23.9% in the 2nd quarter. Prudential Financial Inc. now owns 83,756 shares of the company’s stock valued at $1,525,000 after acquiring an additional 16,146 shares during the period. 38.43% of the stock is owned by 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.