SoFi Technologies (NASDAQ:SOFI) Trading Down 3.4% – Should You Sell?

Shares of SoFi Technologies, Inc. (NASDAQ:SOFI) were down 3.4% during mid-day trading on Tuesday . The company traded as low as $18.69 and last traded at $18.83. Approximately 64,794,471 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 62,728,305 shares. The stock had previously closed at $19.50.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: SoFi launched a fully digital Home Equity Line of Credit (HELOC) experience and formed a Real Estate Advisory Council, expanding its lending product set; the company also began supporting XRP deposits, becoming the first nationally chartered U.S. bank to do so — moves that can grow fee income, deepen member engagement and broaden crypto-related revenue. Read More.
• Positive Sentiment: Bull case reminder: a recent opinion piece argues bears are overlooking SoFi’s market-share gains and rapid growth trajectory, which supports a longer-term growth narrative for the stock. Read More.
• Neutral Sentiment: Market note: SoFi outpaced the broader market on a recent trading day, showing intraday strength despite broader volatility. This is a short-term datapoint rather than a trend signal. Read More.
• Neutral Sentiment: Primary source: the Q2 2025 earnings call transcript is available for investors who want to review management commentary and KPIs in detail ahead of upcoming reports. Read More.
• Negative Sentiment: Insider sale: EVP Kelli Keough sold 9,742 shares under a pre-arranged Rule 10b5-1 plan; while routine and pre-planned, insider selling can be perceived negatively by some investors. Read More.
• Negative Sentiment: Analyst caution: multiple pieces (Zacks) flag that SoFi may lack the setup for an earnings beat in the near term, which can weigh on short-term sentiment and trading ahead of results. Read More.
• Negative Sentiment: Competitive comparison: an analyst comparison favors Palantir over SoFi based on stronger AI-driven growth and financials, which could steer growth-oriented money away from SOFI. Read More.
• Negative Sentiment: User concerns: coverage noting that some users see limitations or “a catch” with the newly added XRP functionality could temper the initial PR benefit and slow adoption. Read More.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SOFI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods reduced their price target on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. UBS Group set a $24.50 price target on SoFi Technologies in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target on the stock in a research report on Tuesday, February 3rd. Finally, Needham & Company LLC dropped their price objective on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, SoFi Technologies currently has an average rating of “Hold” and a consensus target price of $24.85.

SoFi Technologies Trading Down 3.9%

The business has a fifty day moving average price of $17.82 and a 200 day moving average price of $23.76. 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 firm has a market cap of $23.36 billion, a PE ratio of 48.21 and a beta of 2.24.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. During the same quarter in the prior year, the firm posted $0.05 earnings per share. SoFi Technologies’s revenue for the quarter 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. Analysts forecast that SoFi Technologies, Inc. will post 0.6 EPS for the current year.

Insider Activity

In other news, CEO Anthony Noto purchased 28,900 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were purchased at an average price of $17.32 per share, for a total transaction of $500,548.00. Following the purchase, the chief executive officer directly owned 11,704,352 shares of the company’s stock, valued at $202,719,376.64. This represents a 0.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Robert S. Lavet purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average price of $21.04 per share, for a total transaction of $105,200.00. Following the purchase, the general counsel directly owned 17,172 shares in the company, valued at $361,298.88. The trade was a 41.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 38,900 shares of company stock worth $705,398 and have sold 218,422 shares worth $4,105,468. 2.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock worth $2,906,061,000 after buying an additional 3,900,895 shares during the last quarter. State Street Corp grew its stake in SoFi Technologies by 6.7% during the 4th quarter. State Street Corp now owns 25,937,928 shares of the company’s stock worth $679,055,000 after buying an additional 1,637,430 shares during the last quarter. Geode Capital Management LLC grew its stake in SoFi Technologies by 9.0% during the 4th quarter. Geode Capital Management LLC now owns 23,642,936 shares of the company’s stock worth $618,395,000 after buying an additional 1,951,248 shares during the last quarter. Morgan Stanley grew its stake in shares of SoFi Technologies by 33.6% in the 4th quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock valued at $348,806,000 after purchasing an additional 3,350,258 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of SoFi Technologies in the 4th quarter valued at approximately $321,515,000. 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.