SoFi Technologies (NASDAQ:SOFI) Trading Down 4.5% – Should You Sell?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price dropped 4.5% on Monday . The stock traded as low as $17.07 and last traded at $17.10. 74,814,870 shares were traded during mid-day trading, an increase of 12% from the average session volume of 66,704,094 shares. The stock had previously closed at $17.91.

SoFi Technologies News Summary

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

• Positive Sentiment: SoFi launched Composer by SoFi, an AI investing platform that could deepen customer engagement and strengthen its all-in-one financial app strategy. Reuters: SoFi deepens AI-powered trading ambitions with Composer deal
• Positive Sentiment: Wall Street commentary and media coverage around the new AI investing platform may be helping sentiment, with some analysts and commentators framing the move as an important growth catalyst for SOFI. Yahoo Finance: SoFi deepens AI-powered trading ambitions with Composer deal
• Neutral Sentiment: Some analysts remain cautious, saying SoFi’s premium valuation leaves less room for error if execution slows or growth momentum fades. Yahoo Finance: SoFi’s Valuation Premium Suggests Growth Confidence But Also Risk
• Negative Sentiment: Recent insider selling by executives could pressure sentiment, even though the transactions were disclosed as planned sales or tax-related activity rather than a major change in fundamentals. Insider Trades: SoFi Technologies EVP Sells 10,954 Shares of Stock

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on SOFI shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $17.00 price objective on shares of SoFi Technologies in a research note on Thursday, April 30th. TD Cowen reduced their price target on shares of SoFi Technologies from $24.00 to $18.00 and set a “hold” rating on the stock in a report on Thursday, April 30th. Weiss Ratings lowered shares of SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Mizuho set a $29.00 price objective on shares of SoFi Technologies in a research note on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods cut their price objective on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating for the company in a research report on Thursday, April 9th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $22.56.

SoFi Technologies Stock Up 0.2%

The firm’s 50 day moving average is $17.00 and its two-hundred day moving average is $20.26. The stock has a market cap of $22.21 billion, a price-to-earnings ratio of 39.36 and a beta of 2.14. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.05 billion. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period last year, the company earned $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. On average, sell-side analysts predict that SoFi Technologies, Inc. will post 0.59 EPS for the current year.

Insider Buying and Selling

In other SoFi Technologies news, CEO Anthony Noto purchased 15,545 shares of SoFi Technologies stock in a transaction on Monday, May 11th. The shares were bought at an average price of $16.00 per share, with a total value of $248,720.00. Following the purchase, the chief executive officer directly owned 11,946,619 shares in the company, valued at $191,145,904. This trade represents a 0.13% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kelli Keough sold 10,954 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $17.35, for a total value of $190,051.90. Following the sale, the executive vice president owned 378,682 shares in the company, valued at $6,570,132.70. This trade represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 134,044 shares of company stock worth $2,370,056. 2.50% of the stock is owned by insiders.

Institutional Trading of SoFi Technologies

Hedge funds have recently added to or reduced their stakes in the business. Valley Wealth Managers Inc. purchased a new stake in SoFi Technologies during the 4th quarter worth $25,000. Blue Trust Inc. raised its position in SoFi Technologies by 655.2% in the fourth quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after purchasing an additional 878 shares during the period. Vermillion Wealth Management Inc. lifted its stake in shares of 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 purchasing an additional 739 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of SoFi Technologies in the fourth quarter worth about $28,000. Finally, Reflection Asset Management acquired a new stake in shares of SoFi Technologies in the fourth quarter valued at about $28,000. 38.43% of the stock is owned by institutional investors and hedge funds.

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.