SoFi Technologies (NASDAQ:SOFI) Trading Down 2.6% – What’s Next?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s stock price fell 2.6% on Tuesday . The company traded as low as $16.49 and last traded at $16.70. 54,009,685 shares were traded during mid-day trading, a decline of 17% from the average session volume of 65,117,121 shares. The stock had previously closed at $17.15.

Key SoFi Technologies News

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

• Positive Sentiment: Mizuho defended SoFi after the short-seller report, arguing the allegations may be overblown and helping stabilize investor confidence. SoFi defended at Mizuho
• Positive Sentiment: Several bullish analyst/market-note pieces argue SoFi’s repositioning toward fee-based and platform revenue (LPB) supports long-term EPS and margin expansion, presenting a buying opportunity after recent share declines. SoFi Is Down 35%
• Neutral Sentiment: Zacks compares SoFi to Nu Holdings and notes NU may have the edge due to a larger user base, faster monetization and stronger revenue growth — a reminder SoFi faces stiff fintech competition and valuation trade-offs. SoFi vs. Nu Holdings
• Neutral Sentiment: Sector context: fintech ETFs are down this year (FINX -17%), highlighting broader industry pressure that can amplify SoFi’s stock moves independent of company fundamentals. Fintech Is Down 17% This Year
• Negative Sentiment: Muddy Waters’ short report and follow-up claims about account practices and alleged misstatements (including a reported $312M debt allegation) remain a headline risk; SoFi’s public refutations and talk of legal action keep volatility high. Best high-yield savings interest rates today
• Negative Sentiment: Coverage notes and social discussion point to share dilution concerns and a post-earnings pullback; these execution/financing questions can weigh on the stock near-term despite solid reported revenue/EPS beats. SoFi Stock Recovers From Muddy Waters Report

Analysts Set New Price Targets

Several research analysts recently commented on SOFI shares. Wells Fargo & Company initiated coverage on SoFi Technologies in a research note on Thursday, March 19th. They issued an “equal weight” rating and a $19.00 price target on the stock. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research note on Monday, February 9th. UBS Group set a $24.50 price objective on SoFi Technologies in a report on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. upgraded SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 target price for the company in a research note on Tuesday, February 3rd. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, SoFi Technologies currently has an average rating of “Hold” and an average price target of $25.91.

SoFi Technologies Stock Down 2.6%

The firm has a market cap of $21.30 billion, a P/E ratio of 43.95 and a beta of 2.21. The firm’s 50-day moving average price is $20.87 and its 200 day moving average price is $25.31. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. During the same period in the previous year, the company earned $0.05 earnings per share. SoFi Technologies’s quarterly revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. On average, equities research analysts expect that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other SoFi Technologies news, General Counsel Robert S. Lavet acquired 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $21.04 per share, with a total value of $105,200.00. Following the completion of the acquisition, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. This trade represents a 41.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Kelli Keough sold 9,742 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $16.94, for a total transaction of $165,029.48. Following the sale, the executive vice president owned 343,026 shares of the company’s stock, valued at approximately $5,810,860.44. The trade was a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders purchased 38,900 shares of company stock worth $705,398 and sold 218,148 shares worth $4,161,735. Insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SOFI. Valley Wealth Managers Inc. acquired a new position in shares of SoFi Technologies in the 4th quarter valued at about $25,000. Blue Trust Inc. raised its stake in SoFi Technologies by 655.2% during the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after acquiring an additional 878 shares during the period. Vermillion Wealth Management Inc. lifted its holdings in SoFi Technologies by 283.1% in the fourth quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after acquiring an additional 739 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in SoFi Technologies in the fourth quarter worth about $28,000. Finally, Reflection Asset Management acquired a new position in SoFi Technologies in the fourth quarter valued at approximately $28,000. 38.43% of the stock is currently owned by institutional investors.

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.