William Blair Expects Weaker Earnings for SoFi Technologies

Key Points

• William Blair has lowered its Q4 2026 earnings estimate for SoFi Technologies to $0.14 per share, from a previous estimate of $0.15, while the consensus for the current year is $0.26 per share.
• SoFi Technologies recently reported $0.08 earnings per share for the last quarter, exceeding analysts' expectations of $0.06, despite revenues coming in at $519.37 million, significantly below the anticipated $801.94 million.
• Analysts have mixed ratings for SoFi Technologies, with a current average rating of "Hold" and an average target price of $18.29, reflecting cautious sentiment among equity analysts.

SoFi Technologies, Inc. (NASDAQ:SOFI - Free Report) - William Blair decreased their Q4 2026 earnings estimates for shares of SoFi Technologies in a report issued on Monday, August 4th. William Blair analyst A. Jeffrey now expects that the company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.15. The consensus estimate for SoFi Technologies' current full-year earnings is $0.26 per share. William Blair also issued estimates for SoFi Technologies' FY2027 earnings at $0.63 EPS.

SoFi Technologies (NASDAQ:SOFI - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. SoFi Technologies had a return on equity of 4.51% and a net margin of 18.38%. The business had revenue of $519.37 million for the quarter, compared to analysts' expectations of $801.94 million. During the same period in the previous year, the firm posted $0.01 EPS. The company's quarterly revenue was up 42.8% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the stock. Stephens initiated coverage on shares of SoFi Technologies in a research note on Thursday, June 12th. They issued an "overweight" rating and a $20.00 price objective for the company. Rothschild & Co Redburn began coverage on SoFi Technologies in a research note on Friday, August 1st. They set a "neutral" rating and a $20.50 price objective for the company. UBS Group boosted their target price on shares of SoFi Technologies from $14.00 to $15.50 and gave the company a "neutral" rating in a research note on Wednesday, April 30th. Needham & Company LLC raised their price objective on shares of SoFi Technologies from $20.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Finally, Redburn Atlantic upgraded SoFi Technologies to a "hold" rating in a report on Friday, August 1st. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, SoFi Technologies presently has an average rating of "Hold" and an average target price of $18.29.

SoFi Technologies Trading Down 1.2%

NASDAQ:SOFI opened at $21.54 on Wednesday. The company has a market capitalization of $23.81 billion, a P/E ratio of 44.88, a P/E/G ratio of 2.60 and a beta of 1.93. The stock's 50 day moving average price is $17.93 and its 200 day moving average price is $14.94. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.14 and a current ratio of 0.80. SoFi Technologies has a 52 week low of $6.31 and a 52 week high of $25.11.

Insiders Place Their Bets

In other news, Director Magdalena Yesil sold 87,140 shares of the business's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $14.39, for a total transaction of $1,253,944.60. Following the completion of the transaction, the director owned 289,258 shares of the company's stock, valued at approximately $4,162,422.62. The trade was a 23.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelli Keough sold 11,520 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $13.38, for a total transaction of $154,137.60. Following the sale, the executive vice president owned 203,509 shares in the company, valued at approximately $2,722,950.42. This trade represents a 5.36% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 273,181 shares of company stock worth $4,043,240 in the last quarter. 2.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. CMG Global Holdings LLC lifted its stake in shares of SoFi Technologies by 77.8% in the first quarter. CMG Global Holdings LLC now owns 140,389 shares of the company's stock worth $1,728,000 after buying an additional 61,443 shares in the last quarter. Nicholas Wealth LLC. purchased a new position in SoFi Technologies in the 1st quarter worth approximately $993,000. NorthRock Partners LLC bought a new position in SoFi Technologies in the 1st quarter valued at approximately $172,000. MFG Wealth Management Inc. boosted its stake in SoFi Technologies by 27.7% during the 1st quarter. MFG Wealth Management Inc. now owns 156,277 shares of the company's stock valued at $1,818,000 after purchasing an additional 33,887 shares during the last quarter. Finally, Sowell Financial Services LLC bought a new stake in shares of SoFi Technologies in the 1st quarter worth $259,000. 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.

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