SoFi Technologies (NASDAQ:SOFI) Stock Breaks Above Fifty Day Moving Average – What’s Next?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $16.62 and traded as high as $17.25. SoFi Technologies shares last traded at $17.14, with a volume of 82,025,491 shares traded.

Key SoFi Technologies News

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

• Positive Sentiment: Strong Q3 beat: SoFi reported approximately $1.37 billion in revenue, up 44.4% year over year, and adjusted earnings of $0.18 per share versus the $0.17 consensus estimate. Profitability, operating leverage and record member and product growth exceeded expectations. SoFi Q3 earnings and revenues surpass estimates
• Positive Sentiment: Guidance raised: Management lifted its 2026 adjusted net revenue outlook to about $5.04 billion and introduced a 2027 forecast of roughly $6.4 billion in adjusted revenue and $0.90 adjusted EPS. The projected earnings growth and expectation that internally generated capital will fund 2027 expansion supported investor optimism. SoFi projects 2027 revenue and earnings
• Positive Sentiment: Growth across the platform: Lending volume, member engagement, cross-selling and product adoption continued to expand, while deposits and a reported 6.14% net interest margin provide a lower-cost funding advantage. Management also highlighted capital flexibility and long-term potential to substantially increase products per member. SoFi Q3 earnings review
• Neutral Sentiment: Analyst reaction is mixed: Wells Fargo raised its price target to $18 while maintaining an equal-weight rating. Keefe, Bruyette & Woods raised its target to $16 but retained an underperform rating, signaling limited consensus on the stock’s near-term upside.
• Negative Sentiment: Valuation and lending risks remain: Analysts caution that the rally has increased valuation concerns, while SoFi’s expanding consumer-lending exposure leaves results sensitive to credit losses, fraud and broader economic weakness. The stock also remains substantially below its 12-month high, underscoring lingering investor skepticism. SoFi stock rallies after earnings

Wall Street Analysts Forecast Growth

SOFI has been the topic of several research analyst reports. Loop Capital assumed coverage on shares of SoFi Technologies in a research report on Tuesday, September 8th. They issued a “hold” rating and a $22.00 price objective on the stock. Morgan Stanley reduced their target price on shares of SoFi Technologies from $16.00 to $15.00 and set an “underweight” rating for the company in a report on Thursday, July 30th. Truist Financial decreased their price target on shares of SoFi Technologies from $19.00 to $16.00 and set a “hold” rating on the stock in a research note on Friday, October 23rd. Mizuho decreased their price target on shares of SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $24.00 price target on shares of SoFi Technologies in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of “Hold” and an average price target of $21.18.

SoFi Technologies Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. The company has a 50 day moving average of $16.62 and a 200-day moving average of $17.99. The firm has a market capitalization of $22.14 billion, a P/E ratio of 35.71, a P/E/G ratio of 0.85 and a beta of 2.33.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.25 billion. SoFi Technologies had a return on equity of 6.22% and a net margin of 14.78%. The company’s quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.11 EPS. On average, sell-side analysts predict that SoFi Technologies, Inc. will post 0.60 EPS for the current year.

Insider Transactions at SoFi Technologies

In related news, EVP Kelli Keough sold 10,203 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $14.72, for a total value of $150,188.16. Following the transaction, the executive vice president directly owned 397,870 shares in the company, valued at approximately $5,856,646.40. This represents a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 18,624 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $17.50, for a total transaction of $325,920.00. Following the completion of the transaction, the chief technology officer owned 912,650 shares in the company, valued at $15,971,375. This trade represents a 2.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 50,316 shares of company stock valued at $852,605. 2.50% of the stock is currently owned by company insiders.

Institutional Trading of SoFi Technologies

A number of institutional investors have recently bought and sold shares of SOFI. Intrua Financial LLC increased its holdings in shares of SoFi Technologies by 9.9% during the third quarter. Intrua Financial LLC now owns 19,515 shares of the company’s stock worth $307,000 after purchasing an additional 1,750 shares during the period. Partners Wealth Management LLC acquired a new stake in shares of SoFi Technologies in the third quarter valued at approximately $287,000. D.A. Davidson & CO. raised its position in shares of SoFi Technologies by 33.4% in the third quarter. D.A. Davidson & CO. now owns 397,064 shares of the company’s stock valued at $6,242,000 after buying an additional 99,405 shares in the last quarter. North Dakota State Investment Board boosted its stake in shares of SoFi Technologies by 7.2% in the third quarter. North Dakota State Investment Board now owns 38,660 shares of the company’s stock valued at $608,000 after buying an additional 2,605 shares during the period. Finally, Convergence Financial LLC boosted its stake in shares of SoFi Technologies by 11.6% in the third quarter. Convergence Financial LLC now owns 670,148 shares of the company’s stock valued at $10,535,000 after buying an additional 69,882 shares during the period. Institutional investors own 38.43% of the company’s stock.

SoFi Technologies Company Profile

SoFi Technologies, Inc is a digital financial services company that provides lending, banking, investing and other personal finance products through its online platform and mobile app. The company serves consumers primarily in the United States and aims to provide a centralized alternative to traditional financial institutions.

SoFi’s offerings include personal loans, student loan refinancing, home loans, checking and savings accounts, credit cards, investment products and financial education resources.