SoFi Technologies (NASDAQ:SOFI) Updates FY 2026 Earnings Guidance

SoFi Technologies (NASDAQ:SOFI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.600-0.600 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.7 billion.

SoFi Technologies Stock Performance

Shares of SOFI stock opened at $16.19 on Friday. The company has a fifty day moving average price of $17.27 and a two-hundred day moving average price of $18.44. SoFi Technologies has a one year low of $14.88 and a one year high of $32.73. The stock has a market cap of $20.77 billion, a P/E ratio of 33.73 and a beta of 2.14. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.13.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. SoFi Technologies had a net margin of 14.78% and a return on equity of 6.39%. SoFi Technologies’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, equities analysts predict that SoFi Technologies will post 0.59 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the company. Argus initiated coverage on SoFi Technologies in a research note on Wednesday, April 15th. They issued a “hold” rating on the stock. Needham & Company LLC reduced their target price on SoFi Technologies from $25.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho set a $29.00 target price on SoFi Technologies in a report on Wednesday, May 6th. Citigroup dropped their price target on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $18.00 price target on shares of SoFi Technologies in a report 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 stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $22.67.

Insiders Place Their Bets

In other SoFi Technologies news, EVP Kelli Keough sold 10,954 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $17.19, for a total value of $188,299.26. Following the completion of the sale, the executive vice president owned 367,728 shares of the company’s stock, valued at $6,321,244.32. The trade was a 2.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the transaction, the chief technology officer owned 895,089 shares in the company, valued at approximately $15,914,682.42. The trade was a 10.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 135,256 shares of company stock worth $2,370,822 in the last quarter. 2.50% of the stock is currently owned by corporate insiders.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Record operating performance: Q2 revenue reached approximately $1.21 billion, up about 40% year over year, while adjusted EPS of $0.12 exceeded the $0.11 consensus estimate. SoFi also recorded its 11th consecutive profitable quarter. SoFi Technologies Q2: The Everything App Inflection Just Showed Up In The Numbers
• Positive Sentiment: Revenue outlook raised: Management increased its full-year 2026 revenue guidance following record loan originations, member additions and product growth. Existing members generated 51% of new products, while fee-based revenue rose to 39% of total revenue, supporting SoFi’s “everything app” strategy. SOFI Q2 Earnings Call Highlights Product Expansion and Guidance
• Positive Sentiment: Expansion initiatives continue: SoFi is investing in AI-powered financial coaching and broader product integration, which could increase customer engagement and cross-selling over time. SoFi expects big win from AI-powered financial coaching service
• Neutral Sentiment: Analyst caution remains: Morgan Stanley cut its price target to $15 from $16 and kept an Underweight rating, arguing that growth is becoming more capital intensive. Wells Fargo also reduced its target to $17 while maintaining Equal Weight. Why Wall Street Is Slashing Price Targets
• Negative Sentiment: Profit guidance was unchanged: Despite the revenue beat, SoFi maintained its full-year EPS outlook as it reinvests growth into the business. A higher tax rate also suppressed headline EPS optics, disappointing investors who expected greater earnings leverage.
• Negative Sentiment: Credit losses increased: Net charge-offs rose to $204.5 million from $160.3 million a year earlier, adding concern about lending risk as originations expand. SoFi Is Down After Raising Revenue Outlook Despite Higher Net Charge-Offs
• Negative Sentiment: Insider selling pressured sentiment: Executive Kelli Keough sold 10,954 shares, contributing to a gap lower and reinforcing near-term selling pressure. SoFi Shares Gap Down After Insider Selling

Institutional Trading of SoFi Technologies

Large investors have recently modified their holdings of the stock. Raiffeisen Bank International AG acquired a new position in SoFi Technologies in the fourth quarter valued at about $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its holdings in SoFi Technologies by 157.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,800 shares of the company’s stock valued at $47,000 after buying an additional 1,100 shares during the period. Ossiam acquired a new position in shares of SoFi Technologies in the 3rd quarter valued at approximately $86,000. Smartleaf Asset Management LLC raised its position in shares of SoFi Technologies by 27.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,602 shares of the company’s stock valued at $96,000 after buying an additional 783 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in shares of SoFi Technologies during the 4th quarter worth approximately $112,000. 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.