Brokers Offer Predictions for SOFI Q1 Earnings

SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) - Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for SoFi Technologies in a report released on Wednesday, April 2nd. Seaport Res Ptn analyst W. Ryan anticipates that the company will earn $0.03 per share for the quarter. The consensus estimate for SoFi Technologies' current full-year earnings is $0.26 per share. Seaport Res Ptn also issued estimates for SoFi Technologies' Q1 2025 earnings at $0.03 EPS, Q2 2025 earnings at $0.05 EPS, Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.22 EPS, FY2025 earnings at $0.22 EPS, FY2026 earnings at $0.45 EPS and FY2026 earnings at $0.45 EPS.

A number of other brokerages also recently commented on SOFI. UBS Group lifted their target price on SoFi Technologies from $10.50 to $14.00 and gave the company a "neutral" rating in a research note on Tuesday, January 28th. The Goldman Sachs Group upped their price objective on SoFi Technologies from $8.50 to $9.50 and gave the stock a "neutral" rating in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods reiterated an "underperform" rating and issued a $8.00 target price (up from $7.00) on shares of SoFi Technologies in a research note on Thursday, January 2nd. Bank of America restated an "underperform" rating and set a $12.00 price target on shares of SoFi Technologies in a research report on Monday, December 9th. Finally, Citigroup lifted their price objective on shares of SoFi Technologies from $12.50 to $18.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and an average target price of $12.50.

SoFi Technologies Stock Performance

Shares of NASDAQ SOFI traded down $0.08 during midday trading on Friday, hitting $9.78. The company's stock had a trading volume of 34,047,553 shares, compared to its average volume of 48,665,313. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.18 and a current ratio of 0.49. SoFi Technologies has a 1-year low of $6.01 and a 1-year high of $18.42. The firm's fifty day moving average price is $13.66 and its 200-day moving average price is $13.38. The firm has a market cap of $10.73 billion, a P/E ratio of 26.29, a P/E/G ratio of 2.24 and a beta of 1.86.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its earnings results on Monday, January 27th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.82% and a net margin of 18.64%. During the same quarter in the prior year, the firm posted $0.04 EPS.

Insider Activity

In related news, CTO Jeremy Rishel sold 68,625 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $12.64, for a total transaction of $867,420.00. Following the transaction, the chief technology officer now directly owns 655,118 shares of the company's stock, valued at approximately $8,280,691.52. The trade was a 9.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelli Keough sold 9,185 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $15.43, for a total value of $141,724.55. Following the sale, the executive vice president now owns 169,626 shares of the company's stock, valued at $2,617,329.18. The trade was a 5.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 97,905 shares of company stock worth $1,308,075 over the last quarter. Corporate insiders own 2.60% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of SoFi Technologies by 9.9% during the 4th quarter. Vanguard Group Inc. now owns 98,337,045 shares of the company's stock valued at $1,514,390,000 after acquiring an additional 8,898,879 shares in the last quarter. Two Sigma Advisers LP purchased a new position in SoFi Technologies in the fourth quarter valued at about $299,980,000. State Street Corp increased its position in SoFi Technologies by 1.7% in the 3rd quarter. State Street Corp now owns 18,062,855 shares of the company's stock worth $141,974,000 after purchasing an additional 310,532 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of SoFi Technologies by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 17,934,983 shares of the company's stock worth $276,288,000 after purchasing an additional 315,899 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of SoFi Technologies during the 4th quarter valued at about $103,678,000. Institutional investors and hedge funds own 38.43% of the company's stock.

About SoFi Technologies

SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.