SoFi Technologies (NASDAQ:SOFI) Stock Price Down 4.8% – Here’s Why

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) traded down 4.8% on Friday. The company traded as low as $16.44 and last traded at $16.76. 64,044,476 shares were traded during trading, an increase of 0% from the average session volume of 63,962,238 shares. The stock had previously closed at $17.61.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: SoFi reported its sixth consecutive earnings beat, with third-quarter revenue rising 44% year over year to approximately $1.37 billion and EPS of $0.18 versus consensus of $0.17. Adjusted EBITDA reached a record $470 million, supported by a 34% margin. SoFi Technologies: 2027 Growth Outlook Looks Underpriced
• Positive Sentiment: Management issued its first 2027 outlook, projecting roughly $6.4 billion in revenue and $0.90 in EPS—both reportedly ahead of Wall Street expectations—and also raised its 2026 guidance. Analysts argue the outlook is not fully reflected in the stock’s valuation. SoFi Could Be Building Something Wall Street Hasn’t Fully Priced In
• Positive Sentiment: Growth is becoming more diversified: eight businesses now generate more than $100 million in annualized revenue, while member and product additions remain strong. Lower-cost deposits, expanding fee-based revenue and a 6.14% net interest margin could provide additional profit leverage. SoFi’s $745 Million Advantage Is Hiding in Deposits
• Positive Sentiment: Wells Fargo and Keefe, Bruyette & Woods issued favorable views, including a price-target increase, adding institutional support to the bullish earnings narrative. SoFi Stock Gets Price Target Boost from Keefe, Bruyette & Woods
• Neutral Sentiment: SoFi is expanding its financial-services ecosystem by offering Prudential’s digital term-life insurance through its app and moving substantial card-payment volume onto stablecoin rails. These initiatives could broaden fee revenue but remain longer-term opportunities. Anthony Noto Puts SoFi Card Volume on Stablecoin Rails
• Negative Sentiment: The stock’s decline appears tied more to profit-taking and skepticism about execution than to weak quarterly fundamentals. Commentary notes that prior earnings-driven rallies faded quickly, leaving investors focused on whether SoFi can deliver its 2027 targets over the next several quarters. SoFi’s Recent Upward Burst Means Execution Is Now a Must

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SOFI shares. Benchmark reaffirmed a “sector outperform” rating on shares of SoFi Technologies in a report on Wednesday. Wells Fargo & Company restated a “negative” rating on shares of SoFi Technologies in a research note on Wednesday. TD Cowen increased their price target on shares of SoFi Technologies from $17.50 to $18.00 and gave the company a “hold” rating in a report on Wednesday. Monness Crespi & Hardt started coverage on shares of SoFi Technologies in a research note on Monday. They set a “buy” rating and a $20.00 price objective for the company. Finally, The Goldman Sachs Group set a $15.00 target price on shares of SoFi Technologies in a report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.23.

SoFi Technologies Trading Down 4.8%

The business’s 50 day moving average price is $16.60 and its 200-day moving average price is $17.94. The firm has a market cap of $21.65 billion, a price-to-earnings ratio of 30.47, a price-to-earnings-growth ratio of 0.99 and a beta of 2.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.10 and a current ratio of 0.74.

SoFi Technologies (NASDAQ:SOFI) last released its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. SoFi Technologies had a net margin of 15.60% and a return on equity of 6.89%. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The firm’s revenue for the quarter was up 44.4% compared to the same quarter last year. Equities analysts expect that SoFi Technologies, Inc. will post 0.60 EPS for the current year.

Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 11,286 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $18.00, for a total transaction of $203,148.00. Following the sale, the executive vice president directly owned 356,442 shares in the company, valued at approximately $6,415,956. The trade was a 3.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 firm’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 transaction, the chief technology officer owned 912,650 shares of the company’s stock, valued at approximately $15,971,375. This trade represents a 2.00% 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. In the last three months, insiders have sold 50,316 shares of company stock worth $852,605. 2.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Capital Advisors Inc. OK raised its stake in shares of SoFi Technologies by 2.2% in the second quarter. Capital Advisors Inc. OK now owns 28,324 shares of the company’s stock valued at $508,000 after purchasing an additional 615 shares in the last quarter. CX Institutional grew its position in shares of SoFi Technologies by 36.2% during the 2nd quarter. CX Institutional now owns 2,477 shares of the company’s stock worth $44,000 after buying an additional 658 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in SoFi Technologies by 44.2% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 2,248 shares of the company’s stock valued at $35,000 after purchasing an additional 689 shares during the period. Archer Investment Corp raised its position in shares of SoFi Technologies by 27.6% during the first quarter. Archer Investment Corp now owns 3,191 shares of the company’s stock worth $51,000 after purchasing an additional 691 shares during the period. Finally, Fermata Advisors LLC increased its holdings in SoFi Technologies by 4.9% during the 2nd quarter. Fermata Advisors LLC now owns 15,429 shares of the company’s stock worth $277,000 after purchasing an additional 719 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

About SoFi Technologies

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.