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

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty 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.

SoFi Technologies News Roundup

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

• Positive Sentiment: Strong earnings and raised outlook: SoFi reported its sixth consecutive earnings beat, with third-quarter revenue up 44% year over year to $1.37 billion and EPS of $0.18 versus the $0.17 consensus. Adjusted EBITDA reached a record $470 million, and management issued 2027 guidance above Wall Street expectations, including approximately $6.4 billion in revenue and $0.90 in EPS. SoFi Technologies: 2027 Growth Outlook Looks Underpriced
• Positive Sentiment: Improving profitability and funding economics: Expanding net interest margin, lower-cost deposits and growing fee-based businesses are strengthening SoFi’s earnings model. Analysts highlighted a 6.14% net interest margin, 17% capital ratio and favorable credit trends, including lower net charge-offs. SoFi’s $745 Million Advantage Is Hiding in Deposits
• Positive Sentiment: More bullish analyst views: Keefe, Bruyette & Woods raised its price target, while Wells Fargo forecast significant appreciation. One analyst estimated fair value of $23–$26, implying substantial upside from recent levels. SoFi Price Target Boost
• Positive Sentiment: Expansion beyond traditional lending: SoFi plans to process approximately $25 billion of card volume on stablecoin rails, while its app is adding embedded Prudential life-insurance products. These initiatives could diversify revenue and deepen member engagement. SoFi Stablecoin Card Payments
• Neutral Sentiment: Execution remains the key test: Commentators noted that previous post-earnings rallies faded, making the next several quarters important for proving that the 2027 targets are achievable. SoFi Execution Must Continue
• Negative Sentiment: Valuation and profit-taking pressure: Although forward valuation appears reasonable relative to projected EPS growth, SOFI remains a high-beta stock. Investors may be locking in gains after the earnings rally and questioning whether exceptional growth can continue, contributing to the stock’s decline despite favorable fundamentals.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Monness Crespi & Hardt initiated coverage on SoFi Technologies in a report on Monday. They issued a “buy” rating and a $20.00 target price for the company. The Goldman Sachs Group set a $15.00 target price on shares of SoFi Technologies in a report on Tuesday, October 13th. Stonex Financia upgraded shares of SoFi Technologies to a “strong-buy” rating in a report on Monday, October 12th. TD Cowen lifted their price target on shares of SoFi Technologies from $17.50 to $18.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Bank of America reiterated an “underperform” rating and issued a $16.50 price objective on shares of SoFi Technologies in a report on Wednesday. One research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $21.23.

SoFi Technologies Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.10 and a current ratio of 0.74. The stock has a market cap of $21.65 billion, a PE ratio of 30.47, a PEG ratio of 1.00 and a beta of 2.33. The stock’s 50-day moving average is $16.58 and its two-hundred day moving average is $17.89.

SoFi Technologies (NASDAQ:SOFI) last announced its earnings results on Tuesday, October 27th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. SoFi Technologies had a return on equity of 6.89% and a net margin of 15.60%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the previous year, the company earned $0.11 earnings per share. The firm’s quarterly revenue was up 44.4% compared to the same quarter last year. On average, equities analysts predict that SoFi Technologies, Inc. will post 0.61 earnings per share for the current year.

Insider Buying and Selling

In other news, CTO Jeremy Rishel sold 18,624 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $17.50, for a total transaction of $325,920.00. Following the sale, the chief technology officer owned 912,650 shares of the company’s stock, valued at approximately $15,971,375. This represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 11,286 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $18.00, for a total value of $203,148.00. Following the completion of the sale, the executive vice president owned 356,442 shares in the company, valued at approximately $6,415,956. The trade was a 3.07% 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. Insiders sold 50,316 shares of company stock valued at $852,605 in the last 90 days. Company insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rakuten Investment Management Inc. raised its stake in SoFi Technologies by 13.7% during the 3rd quarter. Rakuten Investment Management Inc. now owns 83,403 shares of the company’s stock valued at $1,327,000 after acquiring an additional 10,026 shares during the last quarter. Trek Financial LLC acquired a new stake in SoFi Technologies during the 3rd quarter worth approximately $4,416,000. Traynor Capital Management Inc. purchased a new position in shares of SoFi Technologies in the 3rd quarter valued at approximately $216,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of SoFi Technologies in the 3rd quarter valued at approximately $46,000. Finally, Vise Technologies Inc. grew its stake in shares of SoFi Technologies by 237.7% in the 3rd quarter. Vise Technologies Inc. now owns 179,233 shares of the company’s stock valued at $2,818,000 after purchasing an additional 126,164 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

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.