SoFi Technologies (NASDAQ:SOFI – Free Report) had its price objective cut by The Goldman Sachs Group from $25.00 to $20.00 in a research note released on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.
A number of other research firms have also issued reports on SOFI. Keefe, Bruyette & Woods reduced their target price on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research note on Thursday, April 9th. Wells Fargo & Company reduced their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Truist Financial reduced their target price on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Finally, Citizens Jmp raised SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Monday, February 9th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $24.85.
Read Our Latest Report on SOFI
SoFi Technologies Price Performance
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The company’s quarterly revenue was up 39.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 analysts forecast that SoFi Technologies will post 0.26 earnings per share for the current fiscal year.
Insider Transactions at SoFi Technologies
In related news, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction 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 completion of the sale, the chief technology officer directly owned 839,640 shares in the company, valued at approximately $14,634,925.20. This represents a 10.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelli Keough sold 9,742 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $16.94, for a total value of $165,029.48. Following the completion of the sale, the executive vice president owned 343,026 shares of the company’s stock, valued at approximately $5,810,860.44. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders acquired 38,900 shares of company stock worth $705,398 and sold 218,148 shares worth $4,161,735. 2.60% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On SoFi Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Polianta Ltd purchased a new position in SoFi Technologies in the 1st quarter valued at about $1,140,000. Westmount Partners LLC purchased a new position in SoFi Technologies in the 1st quarter valued at about $295,000. Rockefeller Capital Management L.P. boosted its position in SoFi Technologies by 2.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,016,199 shares of the company’s stock valued at $26,604,000 after buying an additional 27,380 shares during the last quarter. World Investment Advisors boosted its position in SoFi Technologies by 16.8% in the 4th quarter. World Investment Advisors now owns 36,813 shares of the company’s stock valued at $964,000 after buying an additional 5,287 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in SoFi Technologies by 25.3% in the 4th quarter. Corient Private Wealth LLC now owns 182,608 shares of the company’s stock valued at $4,781,000 after buying an additional 36,874 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about SoFi Technologies
Here are the key news stories impacting SoFi Technologies this week:
- Positive Sentiment: Retail short-squeeze chatter and earnings anticipation pushed early demand for SOFI, with premarket pops reported and traders citing an upcoming April 29 earnings catalyst. SoFi Technologies Pops 5% as Short Squeeze Chatter and Earnings Anticipation Heat Up
- Positive Sentiment: Unusually large options activity — heavy call volume (about 612,015 calls) — signals speculative bullish positioning and likely magnifies intraday moves. (Options volume reported 4/15; headline coverage summarized by market trackers.)
- Positive Sentiment: SoFi’s expansion of instant bank transfers via the FedNow Service strengthens its payments capabilities and opens revenue/partnership opportunities, a company-specific product win investors view as growth-affirming. Why SoFi Technologies (SOFI) Is Up 13.9% After Expanding FedNow Instant Payments Capabilities
- Positive Sentiment: Bullish analyst/commentary pieces (Seeking Alpha, other buy-the-dip writeups) are highlighting strong member growth, revenue expansion and new product tailwinds — supporting a narrative of a rebound candidate. SoFi: This Fintech Leader Is Ready To Rebound
- Neutral Sentiment: Argus initiated coverage with a HOLD rating — a formal analyst touchpoint that can temper rallies by signaling caution despite product/metric momentum. SoFi Technologies, Inc.: Launching coverage with a HOLD rating
- Neutral Sentiment: Zacks and other newswires note increased investor attention and intraday outperformance, which can attract short-term flows but don’t change fundamentals immediately. SoFi Technologies, Inc. (SOFI) Outperforms Broader Market
- Neutral Sentiment: Broader market risk-on sentiment (easing geopolitical tensions) has boosted software and fintech names, helping lift SOFI alongside sector peers. Oracle and Other Software Stocks Are Rising Again
- Negative Sentiment: Some coverage flags valuation concerns — the FedNow rollout highlights growth prospects but also tests current multiples and expectations, which could cap upside if growth doesn’t accelerate as priced. SoFi FedNow Rollout Tests Valuation Concerns And Technology Growth Hopes
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.
Further Reading
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