SoFi Technologies (NASDAQ:SOFI) Trading Up 1.7% – What’s Next?

SoFi Technologies, Inc. (NASDAQ:SOFI) shares traded up 1.7% during mid-day trading on Monday . The company traded as high as $18.30 and last traded at $18.19. Approximately 76,297,871 shares were traded during trading, an increase of 13% from the average session volume of 67,750,133 shares. The stock had previously closed at $17.88.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi launched small-business loans, expanding beyond personal finance and giving the company a new growth avenue with cross-selling potential to its existing member base. SoFi enters small-business loan market
• Positive Sentiment: Analysts and commentators highlighted SoFi’s strong revenue growth, member expansion, and improving margins, arguing the stock may still be undervalued despite recent gains. Why SoFi Looks Mispriced Again
• Positive Sentiment: Another bullish take pointed to SoFi’s rapid user growth, broader product suite, and cross-selling strategy as drivers of a stronger long-term moat and higher EBITDA margins. SoFi Technologies: Expanding Margins And The Moat Fuel Strong Upside
• Neutral Sentiment: Some valuation-focused coverage said SoFi may be fully priced or expensive after a strong multi-year run, which could cap upside if growth slows. SoFi (SOFI) Stock Looks Fully Priced On Fair Value And Earnings
• Neutral Sentiment: SoFi’s recent momentum also put it in the conversation for possible S&P 500 inclusion, which could be supportive if it happens, but no decision has been made. SoFi Has Quietly Met the Bar for S&P 500 Inclusion. Here’s What Index Entry Could Do for the Stock.
• Negative Sentiment: One article warned that SoFi’s valuation still looks premium relative to intrinsic value, suggesting investors may be paying up for future growth. SoFi (SOFI) Stock Looks Fully Priced On Fair Value And Earnings

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SOFI. Weiss Ratings lowered shares of SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Keefe, Bruyette & Woods cut their target price on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. Truist Financial reduced their price target on shares of SoFi Technologies from $20.00 to $17.00 and set a “hold” rating for the company in a report on Tuesday, May 12th. Stephens dropped their price objective on shares of SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Needham & Company LLC reduced their price objective on shares of SoFi Technologies from $33.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $22.56.

SoFi Technologies Stock Performance

The firm’s 50 day simple moving average is $16.93 and its 200 day simple moving average is $19.90. The firm has a market capitalization of $23.65 billion, a price-to-earnings ratio of 41.91 and a beta of 2.14. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.13 and a current ratio of 0.75.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the company posted $0.06 earnings per share. The firm’s revenue was up 42.6% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Sell-side analysts forecast that SoFi Technologies, Inc. will post 0.59 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Anthony Noto purchased 15,545 shares of SoFi Technologies stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the completion of the transaction, the chief executive officer owned 11,946,619 shares in the company, valued at $191,145,904. The trade was a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kelli Keough sold 10,954 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $17.35, for a total value of $190,051.90. Following the completion of the transaction, the executive vice president directly owned 378,682 shares of the company’s stock, valued at $6,570,132.70. The trade was a 2.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 134,044 shares of company stock valued at $2,370,056 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SoFi Technologies

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