SoFi Technologies (SOFI) to Release Earnings on Tuesday

SoFi Technologies (NASDAQ:SOFI - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $739.93 million for the quarter. SoFi Technologies has set its Q2 2025 guidance at 0.050-0.060 EPS and its FY 2025 guidance at 0.270-0.280 EPS.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued 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 for the quarter, compared to analyst estimates of $739.93 million. SoFi Technologies had a return on equity of 3.82% and a net margin of 18.64%. 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 firm earned $0.02 earnings per share. On average, analysts expect SoFi Technologies to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SoFi Technologies Stock Performance

SoFi Technologies stock traded down $0.76 during mid-day trading on Wednesday, reaching $12.51. 85,781,683 shares of the company's stock were exchanged, compared to its average volume of 46,741,759. The firm has a market capitalization of $13.72 billion, a PE ratio of 33.81, a P/E/G ratio of 2.24 and a beta of 1.86. The business's fifty day simple moving average is $12.05 and its 200 day simple moving average is $13.70. The company has a quick ratio of 0.18, a current ratio of 0.49 and a debt-to-equity ratio of 0.52. SoFi Technologies has a one year low of $6.01 and a one year high of $18.42.

Insider Activity at SoFi Technologies

In other news, EVP Kelli Keough sold 11,181 shares of the firm's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $10.71, for a total transaction of $119,748.51. Following the completion of the sale, the executive vice president now owns 215,029 shares of the company's stock, valued at $2,302,960.59. This trade represents a 4.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CTO Jeremy Rishel sold 68,625 shares of the business's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $12.64, for a total transaction of $867,420.00. Following the sale, the chief technology officer now directly 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. Insiders sold a total of 100,172 shares of company stock valued at $1,271,115 over the last quarter. 2.60% of the stock is owned by corporate insiders.

Institutional Trading of SoFi Technologies

An institutional investor recently raised its position in SoFi Technologies stock. Brighton Jones LLC grew its holdings 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 filing with the Securities and Exchange Commission. The institutional investor owned 719,288 shares of the company's stock after buying an additional 14,281 shares during the period. Brighton Jones LLC owned 0.07% of SoFi Technologies worth $11,077,000 as of its most recent SEC filing. Institutional investors own 38.43% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on SOFI shares. UBS Group upped their price target on shares of SoFi Technologies from $14.00 to $15.50 and gave the company a "neutral" rating in a research report on Wednesday. Citigroup raised their price objective on SoFi Technologies from $12.50 to $18.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. The Goldman Sachs Group lifted their target price on SoFi Technologies from $8.50 to $9.50 and gave the company a "neutral" rating in a research report on Tuesday, January 28th. JMP Securities initiated coverage on shares of SoFi Technologies in a research note on Friday, April 25th. They set a "market outperform" rating and a $17.00 price target on the stock. Finally, Barclays upped their price objective on shares of SoFi Technologies from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Four research analysts have rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $13.40.

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.