SoFi Technologies, Inc. $SOFI Stock Holdings Increased by Firsthand Capital Management Inc.

Key Points

• Firsthand Capital Management raised its SoFi stake by 60% to 80,000 shares (about $2.11M), making SOFI its 11th-largest holding and 3.5% of the firm's portfolio.
• SoFi beat the latest quarter with $0.13 EPS vs. $0.12 expected and $1.01B in revenue (up 39.6% YoY), provided Q1/FY2026 guidance, and currently carries a consensus analyst rating of Hold with a $26.34 target.
• Insider activity was mixed: an EVP bought 5,000 shares at $19.93 while another sold 9,755 shares at $18.87, and insiders have sold 214,753 shares over the past 90 days (insiders own 2.60%).

Firsthand Capital Management Inc. raised its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 60.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,000 shares of the company's stock after buying an additional 30,000 shares during the quarter. SoFi Technologies comprises 3.5% of Firsthand Capital Management Inc.'s portfolio, making the stock its 11th largest position. Firsthand Capital Management Inc.'s holdings in SoFi Technologies were worth $2,114,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in shares of SoFi Technologies in the 3rd quarter valued at approximately $29,000. SJS Investment Consulting Inc. lifted its stake in SoFi Technologies by 840.3% during the third quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares during the last quarter. Blume Capital Management Inc. lifted its stake in SoFi Technologies by 52.9% during the third quarter. Blume Capital Management Inc. now owns 1,300 shares of the company's stock worth $34,000 after purchasing an additional 450 shares during the last quarter. Assetmark Inc. boosted its holdings in SoFi Technologies by 50.5% in the third quarter. Assetmark Inc. now owns 1,273 shares of the company's stock worth $34,000 after purchasing an additional 427 shares during the period. Finally, Bessemer Group Inc. bought a new stake in SoFi Technologies during the third quarter valued at $36,000. Institutional investors own 38.43% of the company's stock.

SoFi Technologies Price Performance

Shares of NASDAQ SOFI opened at $17.76 on Monday. The stock has a market cap of $22.65 billion, a P/E ratio of 46.74 and a beta of 2.21. The firm's 50-day simple moving average is $22.11 and its 200 day simple moving average is $25.65. SoFi Technologies, Inc. has a fifty-two week low of $8.60 and a fifty-two week high of $32.73. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last announced its earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. SoFi Technologies's revenue was up 39.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Equities analysts expect that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on SOFI shares. Weiss Ratings reissued a "hold (c)" rating on shares of SoFi Technologies in a report on Thursday, January 22nd. JPMorgan Chase & Co. raised shares of SoFi Technologies from a "neutral" rating to an "overweight" rating and set a $31.00 price target for the company in a report on Tuesday, February 3rd. UBS Group set a $24.50 price objective on shares of SoFi Technologies in a research report on Monday, February 2nd. Needham & Company LLC dropped their price objective on shares of SoFi Technologies from $36.00 to $33.00 and set a "buy" rating on the stock in a research note on Monday, February 2nd. Finally, Barclays raised their target price on shares of SoFi Technologies from $23.00 to $28.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $26.34.

SoFi Technologies News Summary

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

• Positive Sentiment: KBW flagged SoFi’s stablecoin partnership with Mastercard as a “significant development,” highlighting strategic fintech partnerships that could expand product reach and fees despite KBW’s current Underperform rating. KBW Highlights SoFi Technologies (SOFI) and Mastercard Stablecoin Deal
• Positive Sentiment: Zacks highlights SoFi’s 2026 outlook that calls for improving margins as the company scales — a direct earnings driver that supports higher profitability per dollar of revenue. SOFI's 2026 Outlook Indicates Stronger Margins to Support Growth
• Positive Sentiment: SoFi announced monthly distributions for its SoFi Enhanced Yield ETF (THTA), underscoring traction in its asset/ETF business and recurring-fee revenue potential. SoFi Announces Monthly Distributions on $THTA (10.00%)
• Positive Sentiment: Several outlets (Yahoo/Zacks/Fool) reiterate the bullish case — digital banking demand, Galileo volume, refinancing tailwinds and positive EPS revisions — arguing the recent share weakness creates a longer-term opportunity. 2 Reasons We Love SoFi (SOFI)
• Neutral Sentiment: Industry context: Upstart’s pursuit of a bank charter highlights why owning a deposit franchise (as SoFi has) can be a structural advantage — useful background but not new company-specific upside. Why Upstart’s Bank Charter Bet Could Change Everything (SOFI)
• Neutral Sentiment: Price-action notes: routine market-coverage pieces report modest intraday gains versus broader weakness — short-term noise rather than a catalyst. SoFi Technologies, Inc. (SOFI) Advances While Market Declines
• Negative Sentiment: Barchart and other coverage flag valuation concerns and the risk of dilutive capital raises — key downside risks that have pressured the stock after a multi-month decline. SoFi Stock Outlook: Can SoFi Technologies Recover After a 30% Drop?

Insiders Place Their Bets

In related news, EVP Eric Schuppenhauer acquired 5,000 shares of the firm's stock in a transaction dated Thursday, February 5th. The stock was acquired at an average cost of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the acquisition, the executive vice president directly owned 228,768 shares of the company's stock, valued at approximately $4,559,346.24. The trade was a 2.23% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kelli Keough sold 9,755 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $18.87, for a total transaction of $184,076.85. Following the transaction, the executive vice president owned 293,725 shares in the company, valued at $5,542,590.75. This represents a 3.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 214,753 shares of company stock valued at $5,045,087. 2.60% of the stock is currently owned by insiders.

SoFi Technologies Company Profile

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.

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