SoFi Technologies (NASDAQ:SOFI) Shares Up 4.8% – Time to Buy?

SoFi Technologies, Inc. (NASDAQ:SOFI) shares traded up 4.8% during mid-day trading on Tuesday . The stock traded as high as $16.03 and last traded at $15.88. 51,120,888 shares were traded during mid-day trading, a decline of 21% from the average session volume of 64,369,379 shares. The stock had previously closed at $15.15.

More SoFi Technologies News

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

• Positive Sentiment: SoFi launched “Big Business Banking,” letting enterprise clients hold deposits, transfer funds and settle transactions through its nationally chartered bank — a move that expands deposit and payment revenue opportunities and helps monetize the bank charter. SoFi Launches Banking Service for Businesses
• Positive Sentiment: SoFi secured over $3.6B in personal‑loan delivery commitments across three new Loan Platform partners, shifting more revenue toward fee‑based, lower‑capital growth and reinforcing its platform strategy; the company was also added to the FTSE All‑World index recently. A Look At SoFi Valuation After Expanding Loan Platform
• Positive Sentiment: Market commentators highlight SoFi as a long‑term growth story in digital banking and financial services, citing its customer engagement and product breadth as reasons to hold for the next decade. 3 Monster Stocks to Hold
• Neutral Sentiment: Management set a Q1 and FY2026 reporting timeline — SoFi will release Q1 2026 results and host a conference call on April 29; investors will watch guidance and loan-loss trends for near‑term clarity. SoFi Schedules Conference Call
• Neutral Sentiment: SoFi is a trending name on retail platforms and in newsflow — higher attention can boost volume and short‑term swings but isn’t a directional earnings signal by itself. SoFi Trending Stock
• Positive Sentiment: Company insiders signaled confidence: the CEO purchased roughly $500K of stock after the short‑seller report, a typical management show of conviction that can reassure investors. CEO Stock Purchase After Allegations
• Negative Sentiment: Short‑seller Muddy Waters published allegations of improper accounting (unrecorded debt, inflated EBITDA). Despite SoFi calling the report inaccurate and threatening legal action, the allegations have increased volatility and pressured sentiment. Short‑Seller Allegations
• Negative Sentiment: Recent headlines also flagged a near‑term pullback in the stock on some trading days, reflecting the tug of positive execution news versus reputation risk from the allegations. SoFi Stock Drops Despite Market Gains

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of SoFi Technologies in a research note on Thursday, March 19th. They issued an “equal weight” rating and a $19.00 price target for the company. Truist Financial reduced 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. JPMorgan Chase & Co. upgraded 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 note on Tuesday, February 3rd. Needham & Company LLC dropped their target price on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, The Goldman Sachs Group cut their price target 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 assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, SoFi Technologies presently has a consensus rating of “Hold” and a consensus price target of $25.91.

SoFi Technologies Stock Up 1.0%

The stock has a market cap of $20.13 billion, a PE ratio of 41.49 and a beta of 2.24. The business has a 50 day moving average of $19.42 and a 200-day moving average of $24.82. 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 issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Equities research analysts predict that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Insider Transactions at SoFi Technologies

In other news, CTO Jeremy Rishel sold 94,958 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total value of $1,655,117.94. Following the transaction, the chief technology officer owned 839,640 shares of the company’s stock, valued at approximately $14,634,925.20. The trade was a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kelli Keough sold 9,755 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the sale, the executive vice president owned 293,725 shares of the company’s stock, valued at $5,542,590.75. This trade represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. Over 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. Insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

A number of large investors have recently bought and sold shares of SOFI. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies in the fourth quarter valued at about $25,000. Blue Trust Inc. raised its holdings 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 in the last quarter. Vermillion Wealth Management Inc. increased its position in SoFi Technologies by 283.1% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 739 shares during the period. Central Pacific Bank Trust Division purchased a new position in shares of SoFi Technologies during the 4th quarter worth approximately $28,000. Finally, Reflection Asset Management purchased a new position in shares of SoFi Technologies during the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors 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.