SoFi Technologies (NASDAQ:SOFI) Trading Down 3% – What’s Next?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price traded down 3% on Wednesday . The company traded as low as $20.14 and last traded at $20.55. 52,309,314 shares changed hands during trading, a decline of 12% from the average session volume of 59,306,785 shares. The stock had previously closed at $21.18.

Key Headlines Impacting SoFi Technologies

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

• Positive Sentiment: Zacks highlights SoFi’s 2026 outlook calling for ~30% revenue growth and a plan to reach mid‑30% EBITDA margins, a message that supports a re‑rating toward profitability. SoFi’s 2026 Outlook: Margin Expansion Strengthens Further
• Positive Sentiment: Citizens JMP upgraded SOFI to Outperform (reported by news services), creating fresh buy‑side interest and headline momentum behind the stock. SoFi Technologies (NASDAQ:SOFI) Raised to Outperform at Citizens Jmp
• Positive Sentiment: Bullish commentary (The Motley Fool and other outlets) frames recent weakness as a buying opportunity given cross‑segment growth, blockchain initiatives appealing to younger users, and operating leverage from rising fee and interest income. SoFi Stock Tumbles. Why It’s a Buying Opportunity.
• Neutral Sentiment: Market commentators and screens are asking whether the recent run has gotten ahead of fundamentals; these pieces raise valuation questions but are more thematic than immediate catalysts. Has The Market Run Too Far With SoFi Technologies (SOFI) After Its Recent Surge In Price?
• Neutral Sentiment: Short‑term technical/headline moves: upgrade chatter helped the Nasdaq and supported SOFI earlier, while traders also reacted to sector events (Robinhood earnings), producing intraday volatility. SoFi Stock Slips Ahead Of Robinhood Earnings: What To Know
• Negative Sentiment: Director Steven Freiberg sold 94,225 shares (~$1.9M) recently; such insider selling is being read negatively by some traders even though the director still holds a large position. SoFi Technologies (NASDAQ:SOFI) Director Sells $1,913,709.75 in Stock
• Negative Sentiment: Despite adjusted beats, GAAP profit weakness and some post‑earnings price‑target cuts (eg. UBS trimming its PT) have pressured the stock and prompted cautious analyst notes. UBS Lowers SoFi Technologies (SOFI) PT to $24.50 Following Mixed Performance

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SOFI shares. Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research note on Monday. Needham & Company LLC cut their price objective on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a report on Monday, February 2nd. UBS Group set a $24.50 price objective on SoFi Technologies in a research report on Monday, February 2nd. Mizuho set a $38.00 target price on SoFi Technologies in a research report on Thursday, October 30th. Finally, Barclays boosted their price target on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, SoFi Technologies has an average rating of “Hold” and a consensus target price of $26.21.

SoFi Technologies Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.16 and a debt-to-equity ratio of 0.31. The company has a market cap of $24.78 billion, a P/E ratio of 54.08 and a beta of 2.13. The business’s 50 day simple moving average is $25.88 and its 200 day simple moving average is $26.33.

SoFi Technologies (NASDAQ:SOFI) last posted its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping 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 business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. During the same period in the prior year, the business posted $0.05 earnings per share. The company’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. Sell-side analysts predict that SoFi Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 10,340 shares of SoFi Technologies stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $26.43, for a total value of $273,286.20. Following the sale, the executive vice president owned 265,034 shares of the company’s stock, valued at $7,004,848.62. The trade was a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CTO Jeremy Rishel sold 91,837 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the transaction, the chief technology officer owned 794,598 shares of the company’s stock, valued at $21,168,090.72. This represents a 10.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 261,470 shares of company stock valued at $6,276,524. 2.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SoFi Technologies

A number of hedge funds have recently bought and sold shares of SOFI. Valley Wealth Managers Inc. purchased a new stake in shares of SoFi Technologies during the 4th quarter valued at about $25,000. Vermillion Wealth Management Inc. increased its stake in SoFi Technologies by 283.1% during the fourth quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after acquiring an additional 739 shares during the last quarter. Blue Trust Inc. increased its stake in SoFi Technologies by 655.2% during the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after acquiring an additional 878 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in SoFi Technologies during the fourth quarter valued at approximately $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SoFi Technologies in the 4th quarter valued at approximately $29,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.