SoFi Technologies (NASDAQ:SOFI) Stock Price Down 6.1% - Here's Why

Key Points

• SoFi stock fell 6.1% intraday to $19.30 on Thursday, trading about 63 million shares (up ~6% vs. average) and sitting below its 50- and 200-day moving averages.
• SoFi beat Q4 estimates with EPS of $0.13 versus $0.12 and revenue of $1.01 billion (up 39.6% year-over-year), and set Q1 and FY2026 EPS guidance around $0.12 and $0.60, respectively.
• Analysts have trimmed targets and the consensus rating is a “Hold” with an average target of $26.21, while insiders sold roughly 261,470 shares (~$6.28 million) in the last quarter.

SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report) dropped 6.1% during mid-day trading on Thursday . The stock traded as low as $19.04 and last traded at $19.30. Approximately 62,986,311 shares changed hands during trading, an increase of 6% from the average daily volume of 59,440,477 shares. The stock had previously closed at $20.55.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Truist Financial decreased their target price on SoFi Technologies from $31.00 to $28.00 and set a "hold" rating on the stock in a report on Tuesday, November 25th. UBS Group set a $24.50 target price on shares of SoFi Technologies in a research note on Monday, February 2nd. Jefferies Financial Group reaffirmed a "buy" rating and issued a $35.00 target price on shares of SoFi Technologies in a report on Tuesday, October 28th. BTIG Research reissued a "neutral" rating on shares of SoFi Technologies in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group cut their target price on SoFi Technologies from $27.00 to $24.00 and set a "neutral" rating for the company in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $26.21.

SoFi Technologies Price Performance

The firm has a market cap of $23.27 billion, a PE ratio of 50.79 and a beta of 2.13. The firm has a fifty day simple moving average of $25.71 and a two-hundred day simple moving average of $26.28. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.80.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last released its quarterly 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. SoFi Technologies had a net margin of 13.34% and a return on equity of 6.48%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same quarter in the prior year, the firm earned $0.05 earnings per share. SoFi Technologies's revenue was up 39.6% on a year-over-year basis. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Equities analysts predict that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Kelli Keough sold 10,340 shares of the company's stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $26.43, for a total transaction of $273,286.20. Following the transaction, the executive vice president directly owned 265,034 shares in the company, valued at approximately $7,004,848.62. This represents a 3.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven J. Freiberg sold 94,225 shares of the firm's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the completion of the sale, the director directly owned 588,849 shares of the company's stock, valued at approximately $11,959,523.19. The trade was a 13.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 261,470 shares of company stock valued at $6,276,524 in the last quarter. 2.60% of the stock is currently owned by insiders.

Institutional Trading of SoFi Technologies

Several institutional investors and hedge funds have recently modified their holdings of SOFI. Brighton Jones LLC increased its stake in shares of SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company's stock valued at $11,077,000 after buying an additional 14,281 shares during the period. Caxton Associates LLP acquired a new stake in shares of SoFi Technologies in the 1st quarter worth $129,000. Empowered Funds LLC grew its stake in SoFi Technologies by 5.2% during the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company's stock worth $385,000 after buying an additional 1,631 shares during the last quarter. Callan Family Office LLC acquired a new position in SoFi Technologies during the 2nd quarter valued at about $544,000. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in SoFi Technologies by 30.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 86,306 shares of the company's stock worth $1,572,000 after acquiring an additional 20,057 shares in the last quarter. Institutional investors own 38.43% of the company's stock.

About SoFi Technologies

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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