SoFi Technologies (NASDAQ:SOFI) Stock Price Down 1.3% After Analyst Downgrade

Key Points

• SoFi Technologies shares slipped 1.3% after Wells Fargo cut its price target to $18 and joined other analysts in trimming targets, while MarketBeat shows a consensus "Hold" rating with an average target of $25.09.
• Insider activity and volume: CTO Jeremy Rishel sold 94,958 shares (~$1.66M), reducing his stake by 10.16%, and intraday volume was 43.7M shares (down ~31% vs. the average session).
• Earnings beat: SoFi reported Q results above expectations with $0.13 EPS (vs. $0.12 est.) and $1.01B revenue (+~39.6% YoY), and set Q1 2026 guidance around $0.12 EPS and FY 2026 guidance near $0.60 EPS.

SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) shares traded down 1.3% during trading on Thursday after Wells Fargo & Company lowered their price target on the stock from $19.00 to $18.00. Wells Fargo & Company currently has an equal weight rating on the stock. SoFi Technologies traded as low as $15.92 and last traded at $16.27. 43,699,188 shares were traded during trading, a decline of 31% from the average session volume of 63,136,938 shares. The stock had previously closed at $16.49.

A number of other equities analysts have also recently issued reports on the company. UBS Group set a $24.50 price objective on SoFi Technologies in a report on Monday, February 2nd. Needham & Company LLC decreased their target price on SoFi Technologies from $36.00 to $33.00 and set a "buy" rating for the company in a research report on Monday, February 2nd. Barclays lowered their target price on shares of SoFi Technologies from $28.00 to $18.00 and set an "equal weight" rating for the company in a research note on Monday. Citizens Jmp raised shares of SoFi Technologies from a "market perform" rating to an "outperform" rating and set a $30.00 price target on the stock in a research note on Monday, February 9th. Finally, The Goldman Sachs Group decreased their price objective on shares of SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating for the company in a report on Tuesday, January 6th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, SoFi Technologies currently has a consensus rating of "Hold" and an average target price of $25.09.

Insider Buying and Selling at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the transaction, the chief technology officer directly owned 839,640 shares in the company, valued at $14,634,925.20. This represents a 10.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Robert S. Lavet acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average cost of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the acquisition, the general counsel owned 17,172 shares of the company's stock, valued at $361,298.88. This trade represents a 41.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 218,148 shares worth $4,161,735. 2.60% of the stock is owned by corporate insiders.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: Seeking Alpha: SoFi reported $1.013B revenue (+37% YoY), strong fee-based revenue growth (+50% YoY) and expanding capital-light revenue streams, which support margin improvement and a quality-of-earnings shift. SoFi's Reset Is Testing More Than Valuation
• Positive Sentiment: Forbes/Benzinga report: SoFi scored highly on Forbes’ Best Banks list in the U.S., a consumer-trust/brand positive that can support customer growth and cross-sell momentum. Not JPMorgan…SoFi Tops Forbes Best Banks List
• Neutral Sentiment: Intraday trading coverage (Yahoo/Zacks): SOFI posted a modest intraday gain (reported +2.36% on 4/8), suggesting short-term buying interest but the stock still lags broader rallies. Here's Why SoFi Gained But Lagged the Market Today
• Neutral Sentiment: Market perspective pieces (Yahoo): Analysts and market commentators are debating whether the recent pullback (large YTD decline) creates a buying opportunity or reflects higher risk — keeping sentiment mixed. Is It Time To Reassess SoFi Technologies
• Neutral Sentiment: Longer-term critique (Blockonomi): Coverage highlighting 2025 drawdown and valuation questions prompts debate on whether to “buy the dip,” but doesn’t add a clear catalyst either way. SoFi Stock Down 41% in 2025 — Should Investors Buy the Dip?
• Negative Sentiment: Wells Fargo cut its price target to $18 (from $19) and set an “equal weight” rating, signaling less upside conviction and contributing to selling pressure. Wells Fargo Price Target Cut
• Negative Sentiment: Keefe, Bruyette & Woods lowered its target to $17 (from $20) and moved to “underperform,” an explicit negative take that tightens near-term downside expectations. Keefe Bruyette & Woods Price Target Cut
• Negative Sentiment: Barclays trimmed its price target to $18, and other outlets note analyst downgrades are clustering — a clear headwind for sentiment and stock momentum. Barclays Lowers Price Target
• Negative Sentiment: Analysis on March performance (Motley Fool) and other write-ups link geopolitical and sector volatility to a 10%+ monthly sell-off, reinforcing investor caution. Why SoFi Fell 10.6% Last Month

Hedge Funds Weigh In On SoFi Technologies

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

SoFi Technologies Stock Down 1.3%

The company's fifty day simple moving average is $18.48 and its 200-day simple moving average is $24.41. The firm has a market capitalization of $20.75 billion, a PE ratio of 42.82 and a beta of 2.24. 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 - 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 the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The firm's quarterly revenue was up 39.6% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, analysts forecast that SoFi Technologies, Inc. will post 0.26 EPS for the current year.

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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