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

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price 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 traded hands during mid-day 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 research analysts have also issued reports on the stock. UBS Group set a $24.50 price target on shares of SoFi Technologies in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a research note on Thursday, January 22nd. Keefe, Bruyette & Woods cut their target price on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday. Needham & Company LLC reduced their target price on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, Barclays dropped their price target on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Monday. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, SoFi Technologies presently has an average rating of “Hold” and an average price target of $25.09.

Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 9,755 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total value of $184,076.85. Following the completion of the transaction, the executive vice president directly owned 293,725 shares of the company’s stock, valued at approximately $5,542,590.75. The trade was a 3.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven J. Freiberg sold 94,225 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the completion of the sale, the director owned 588,849 shares in the company, valued at approximately $11,959,523.19. This represents a 13.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have bought 38,900 shares of company stock valued at $705,398 and have sold 218,148 shares valued at $4,161,735. 2.60% of the stock is currently owned by company insiders.

SoFi Technologies News Summary

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

Institutional Trading of SoFi Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SOFI. Valley Wealth Managers Inc. purchased a new position in SoFi Technologies in the fourth quarter valued at $25,000. Blue Trust Inc. boosted its stake in shares of SoFi Technologies by 655.2% during the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock worth $26,000 after acquiring an additional 878 shares in the last quarter. Vermillion Wealth Management Inc. grew its position in shares of SoFi Technologies by 283.1% during the 4th 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 period. Central Pacific Bank Trust Division acquired a new stake in shares of SoFi Technologies during the 4th quarter valued at about $28,000. Finally, Reflection Asset Management purchased a new position in shares of SoFi Technologies in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

SoFi Technologies Stock Down 1.3%

The company has a market cap of $20.75 billion, a price-to-earnings ratio of 42.82 and a beta of 2.24. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average of $18.48 and a two-hundred day moving average of $24.41.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 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%.SoFi Technologies’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the company earned $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, equities analysts anticipate that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

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.