SoFi Technologies (NASDAQ:SOFI) Stock Price Down 4% – What’s Next?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s stock price dropped 4% during trading on Friday . The company traded as low as $15.15 and last traded at $15.23. Approximately 54,210,449 shares changed hands 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.

Key SoFi Technologies News

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

• Positive Sentiment: SoFi expanded its Loan Platform Business with agreements totalling over $3.6 billion, adding expected loan delivery commitments that boost fee and capital‑light revenue potential. SoFi Expands Loan Platform Business
• Positive Sentiment: SoFi’s 2020 acquisition of Galileo is highlighted as a growth engine—powering BNPL, AI engagement tools and faster product launches that improve cross‑sell and recurring fee revenue. SoFi’s Galileo Integration
• Positive Sentiment: CEO Anthony Noto disclosed an insider purchase (28,900 shares), a signal often read as management confidence amid the controversy. CEO Anthony Noto Just Bought 28,900 Shares
• Positive Sentiment: Analysts and commentators have recently turned constructive, citing strong execution: revenue and member growth, rising fee revenue and management’s multi‑year revenue/EPS CAGR targets. SoFi: Execution Makes It A Buy Again
• Neutral Sentiment: A long‑term investor note: one commentator says they sold at $30 and is now considering re‑entry after the pullback — underscores mixed positioning and potential for a patient accumulation thesis. I Sold SoFi At $30, Now I’m Eyeing Re-Entry
• Negative Sentiment: Muddy Waters and other short sellers have accused SoFi of accounting and securitization problems; the allegations prompted market scrutiny and concern over the quality of private‑credit and loan sales. SoFi has strongly denied the claims. SoFi Short-Seller Clash
• Negative Sentiment: Veteran investor Steve Eisman warned SoFi’s securitization/private‑credit issues could be “potentially a disaster,” amplifying credit‑cycle fears and pressuring valuation. Steve Eisman Says SoFi’s Private Credit Problems Could Be ‘Potentially A Disaster’
• Negative Sentiment: Market reaction: shares have dipped even after the funding expansion announcement, reflecting that skepticism over accounting/credit issues and broader geopolitical risk currently outweighs some operational positives. SoFi shares fall despite funding expansion

Analysts Set New Price Targets

A number of research firms recently issued reports on SOFI. Bank of America assumed coverage on shares of SoFi Technologies in a research note on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 target price on the stock. JPMorgan Chase & Co. raised shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 target price for the company in a research report on Tuesday, February 3rd. UBS Group set a $24.50 price target on shares of SoFi Technologies in a report on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group dropped their price objective 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. Seven equities research 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 has a consensus rating of “Hold” and a consensus target price of $25.91.

SoFi Technologies Stock Performance

The firm’s fifty day moving average price is $20.25 and its 200-day moving average price is $25.12. The company has a market cap of $19.42 billion, a P/E ratio of 40.08 and a beta of 2.20. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, beating 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 analysts’ expectations of $984.75 million. During the same quarter last year, the company earned $0.05 earnings per share. The firm’s revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, research analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Insider Activity at SoFi Technologies

In other 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 sale, the executive vice president directly owned 343,026 shares in the company, valued at approximately $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 SEC, which is accessible 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 value 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. The trade was a 13.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have acquired 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 owned by company insiders.

Hedge Funds Weigh In On SoFi Technologies

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