SoFi Technologies (NASDAQ:SOFI) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

SoFi Technologies (NASDAQ:SOFI - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.03, Zacks reports. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. During the same period last year, the business posted $0.02 earnings per share. The business's revenue for the quarter was up 32.7% compared to the same quarter last year. SoFi Technologies updated its Q2 2025 guidance to 0.050-0.060 EPS and its FY 2025 guidance to 0.270-0.280 EPS.

SoFi Technologies Stock Performance

NASDAQ:SOFI traded up $0.54 during trading hours on Tuesday, reaching $13.74. The company had a trading volume of 70,058,013 shares, compared to its average volume of 46,753,234. SoFi Technologies has a 1-year low of $6.01 and a 1-year high of $18.42. The firm has a market cap of $15.06 billion, a PE ratio of 37.25, a price-to-earnings-growth ratio of 2.24 and a beta of 1.86. The business's 50 day moving average price is $12.14 and its 200-day moving average price is $13.71. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.49 and a quick ratio of 0.18.

Insider Buying and Selling at SoFi Technologies

In related news, EVP Kelli Keough sold 9,185 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $15.43, for a total value of $141,724.55. Following the completion of the transaction, the executive vice president now directly owns 169,626 shares of the company's stock, valued at approximately $2,617,329.18. This represents a 5.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Jeremy Rishel sold 68,625 shares of the company's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $12.64, for a total value 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 approximately $8,280,691.52. The trade was a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,172 shares of company stock valued at $1,271,115. 2.60% of the stock is owned by company insiders.

Institutional Trading of SoFi Technologies

An institutional investor recently raised its position in SoFi Technologies stock. Brighton Jones LLC grew its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 719,288 shares of the company's stock after purchasing an additional 14,281 shares during the quarter. Brighton Jones LLC owned approximately 0.07% of SoFi Technologies worth $11,077,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 38.43% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on SOFI shares. Keefe, Bruyette & Woods reissued an "underperform" rating and set a $8.00 price objective (up from $7.00) on shares of SoFi Technologies in a research report on Thursday, January 2nd. Needham & Company LLC raised their price target on shares of SoFi Technologies from $13.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, January 28th. Citizens Jmp assumed coverage on shares of SoFi Technologies in a report on Friday. They set an "outperform" rating and a $17.00 price target on the stock. JMP Securities assumed coverage on shares of SoFi Technologies in a report on Friday. They set a "market outperform" rating and a $17.00 price target on the stock. Finally, UBS Group raised their price target on shares of SoFi Technologies from $10.50 to $14.00 and gave the company a "neutral" rating in a report on Tuesday, January 28th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, SoFi Technologies has an average rating of "Hold" and a consensus price target of $13.10.

SoFi Technologies Company Profile

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.

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