SoFi Technologies (NASDAQ:SOFI) Issues FY 2025 Earnings Guidance

SoFi Technologies (NASDAQ:SOFI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.270-0.280 for the period, compared to the consensus EPS estimate of 0.260. The company issued revenue guidance of $3.2 billion-$3.3 billion, compared to the consensus revenue estimate of $3.2 billion. SoFi Technologies also updated its Q2 2025 guidance to 0.050-0.060 EPS.

SoFi Technologies Trading Down 5.7 %

Shares of SoFi Technologies stock traded down $0.76 during trading on Wednesday, reaching $12.51. 85,781,683 shares of the stock were exchanged, compared to its average volume of 46,741,751. The company has a quick ratio of 0.18, a current ratio of 0.49 and a debt-to-equity ratio of 0.52. The stock's fifty day moving average is $12.05 and its 200 day moving average is $13.70. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 2.24 and a beta of 1.86. SoFi Technologies has a 1 year low of $6.01 and a 1 year high of $18.42.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. The company had revenue of $763.81 million during the quarter, compared to analyst estimates of $739.93 million. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. SoFi Technologies's revenue for the quarter was up 32.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.02 earnings per share. As a group, equities research analysts expect that SoFi Technologies will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of SoFi Technologies from $8.50 to $9.50 and gave the stock a "neutral" rating in a research note on Tuesday, January 28th. Citigroup increased their price target on shares of SoFi Technologies from $12.50 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. Citizens Jmp assumed coverage on shares of SoFi Technologies in a research note on Friday, April 25th. They issued an "outperform" rating and a $17.00 price target for the company. William Blair reissued an "outperform" rating on shares of SoFi Technologies in a research note on Friday, January 24th. Finally, Keefe, Bruyette & Woods reissued an "underperform" rating and issued a $8.00 price target (up from $7.00) on shares of SoFi Technologies in a research note on Thursday, January 2nd. Four research analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and an average price target of $13.40.

Insider Activity at SoFi Technologies

In related news, CTO Jeremy Rishel sold 68,625 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $12.64, for a total transaction of $867,420.00. Following the completion of the sale, the chief technology officer now owns 655,118 shares of the company's stock, valued at $8,280,691.52. This trade represents a 9.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kelli Keough sold 9,185 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $15.43, for a total transaction of $141,724.55. Following the sale, the executive vice president now directly owns 169,626 shares of the company's stock, valued at $2,617,329.18. This trade represents a 5.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,172 shares of company stock valued at $1,271,115 over the last 90 days. Corporate insiders own 2.60% of the company's stock.

Institutional Investors Weigh In On SoFi Technologies

A hedge fund recently raised its stake in SoFi Technologies stock. Brighton Jones LLC lifted its position in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 719,288 shares of the company's stock after acquiring an additional 14,281 shares during the period. Brighton Jones LLC owned approximately 0.07% of SoFi Technologies worth $11,077,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors 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.