SoFi Technologies (NASDAQ:SOFI) Shares Down 1.1% – Time to Sell?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) dropped 1.1% on Friday . The stock traded as low as $16.67 and last traded at $16.90. Approximately 77,309,210 shares changed hands during trading, an increase of 18% from the average daily volume of 65,282,418 shares. The stock had previously closed at $17.08.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: CEO Anthony Noto bought ~29,000 shares after the short report, signaling management confidence and partially stabilizing the stock. SoFi Calls Short Seller Report ‘Factually Inaccurate and Misleading,’ Stock Rises as CEO Noto Buys Shares
• Positive Sentiment: SoFi’s loan‑platform business is rapidly scaling as a capital‑light growth engine — originations and revenue have surged, which reduces balance‑sheet risk and supports fee revenue expansion. SoFi’s Loan Platform Business Emerges as a Capital-Light Growth Engine
• Positive Sentiment: Bullish pieces note accelerating member and revenue growth and argue the company could re‑rate if execution continues — some analysts (and retail writers) even model a path toward materially higher prices. Can SoFi Stock Reach $30 by the End of 2026?
• Neutral Sentiment: Wells Fargo initiated coverage with an equal‑weight rating and a $19 price target (~mid‑teens upside from current levels), providing a measured analyst view rather than a strong buy/sell signal. Wells Fargo initiates coverage of SoFi Technologies (SOFI) with equal-weight recommendation
• Neutral Sentiment: Several market write‑ups highlight strong topline, deposit growth and product expansion but note valuation and execution risk — useful context but not immediate catalysts. Assessing Whether SoFi Technologies (SOFI) Looks Overvalued After Recent Share Price Weakness
• Negative Sentiment: Short‑seller Muddy Waters published a critical report alleging aggressive accounting and “financial engineering”; that report triggered selling and raised near‑term regulatory and governance risk. SoFi shares drop as short seller Muddy Waters takes aim at company
• Negative Sentiment: Analysts flagged follow‑up questions and “new accounting” concerns after the short report, keeping downside pressure until answers or regulatory clarity arrive. SoFi stock under pressure: Analyst flags ‘new questions’ after short report sparks fresh accounting fears
• Negative Sentiment: CTO Jeremy Rishel sold ~95k shares in mid‑March, which adds negative insider‑flow optics even though the CEO purchase offsets some of that signal. SoFi Technologies (NASDAQ:SOFI) CTO Sells 94,958 Shares

Analyst Ratings Changes

SOFI has been the topic of several research reports. The Goldman Sachs Group cut their target price on SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Truist Financial lowered their price objective on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Citizens Jmp raised 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 research report on Monday, February 9th. Finally, Barclays increased their target price on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $25.91.

SoFi Technologies Price Performance

The stock has a market cap of $21.55 billion, a price-to-earnings ratio of 44.47 and a beta of 2.20. The company has a 50-day simple moving average of $21.27 and a two-hundred day simple moving average of $25.42. 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 released its quarterly earnings data on Friday, January 30th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm’s revenue for the quarter was up 39.6% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities research analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

Insider Buying and Selling

In related news, EVP Kelli Keough sold 9,755 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $18.87, for a total value of $184,076.85. Following the completion of the sale, the executive vice president directly owned 293,725 shares in the company, valued at approximately $5,542,590.75. This trade represents a 3.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Anthony Noto purchased 28,900 shares of SoFi Technologies stock in a transaction that occurred on Tuesday, March 17th. The shares were acquired at an average price of $17.32 per share, with a total value of $500,548.00. Following the acquisition, the chief executive officer directly owned 11,704,352 shares of the company’s stock, valued at $202,719,376.64. This trade represents a 0.25% increase in their position. 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 217,874 shares worth $4,253,667. Insiders own 2.60% of the company’s stock.

Institutional Trading of SoFi Technologies

A number of hedge funds have recently made changes to their positions in SOFI. Vanguard Group Inc. increased its holdings in shares of SoFi Technologies by 3.6% during 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 last quarter. State Street Corp lifted its holdings in SoFi Technologies by 6.7% during the 4th quarter. State Street Corp now owns 25,937,928 shares of the company’s stock valued at $679,055,000 after purchasing an additional 1,637,430 shares during the last quarter. Geode Capital Management LLC lifted its holdings in SoFi Technologies by 9.0% during the 4th quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock valued at $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 during the period. Finally, Norges Bank acquired a new position in shares of SoFi Technologies in the fourth quarter valued at $321,515,000. 38.43% of the stock is owned by institutional investors and hedge funds.

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.