SoFi Technologies (NASDAQ:SOFI) Releases FY 2026 Earnings Guidance

SoFi Technologies (NASDAQ:SOFI) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.600-0.600 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.7 billion.

SoFi Technologies Stock Performance

SOFI stock opened at $16.74 on Wednesday. SoFi Technologies has a one year low of $14.92 and a one year high of $32.73. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 38.05 and a beta of 2.14. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.13 and a current ratio of 0.75. The firm has a 50-day simple moving average of $17.27 and a two-hundred day simple moving average of $18.61.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.11 billion. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. On average, equities analysts forecast that SoFi Technologies will post 0.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SOFI. Weiss Ratings downgraded SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Needham & Company LLC lowered their price objective on SoFi Technologies from $33.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Wells Fargo & Company dropped their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley set a $16.00 price target on SoFi Technologies in a research note on Thursday, April 30th. Finally, Mizuho set a $29.00 price target on SoFi Technologies in a report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, SoFi Technologies currently has an average rating of “Hold” and a consensus price target of $22.83.

Insiders Place Their Bets

In other news, EVP Kelli Keough sold 10,954 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $17.19, for a total transaction of $188,299.26. Following the sale, the executive vice president directly owned 367,728 shares of the company’s stock, valued at $6,321,244.32. This represents a 2.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 102,123 shares of SoFi Technologies stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the transaction, the chief technology officer owned 895,089 shares of the company’s stock, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 135,256 shares of company stock worth $2,370,822. Company insiders own 2.50% of the company’s stock.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Analyst target raised. Truist Financial increased its price target for SOFI from $17 to $18, offering modest support. However, the firm retained a Hold rating, limiting the bullish impact. SoFi Technologies Stock Price Up on Analyst Upgrade
• Positive Sentiment: Notre Dame deal expands SoFi’s marketing reach. SoFi became Notre Dame Athletics’ official financial services partner and the first brand featured on the school’s football jersey patch. The multiyear agreement also includes athlete financial education and scholarships, which could improve brand awareness and customer acquisition among younger consumers. SoFi and Notre Dame Athletics Launch Landmark Multi-Year Partnership
• Neutral Sentiment: Second-quarter earnings are the key catalyst. SoFi is expected to report results on July 29. Analysts anticipate roughly 30% revenue growth, supported by lending demand and member additions, but investors will be watching margins, credit quality and guidance closely. The company’s relatively high valuation raises the risk of a sharp reaction if results or outlook disappoint. What Should Investors Do With SoFi Technologies Ahead of Q2 Earnings?
• Neutral Sentiment: Broader market risk remains elevated. Reports of escalating conflict involving Iran and U.S. forces pressured stock futures and could weigh on high-beta shares such as SOFI, whose beta is above 2. US Stock Futures Slip as Iran Targets American Forces
• Negative Sentiment: Insider sale creates a limited overhang. Executive Vice President Kelli Keough sold 10,954 shares for approximately $188,300 under a pre-arranged Rule 10b5-1 plan. The sale represents only 2.89% of her holdings and is therefore a weak signal, but it may still weigh modestly on sentiment. SEC Insider Trading Filing

Institutional Investors Weigh In On SoFi Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raiffeisen Bank International AG acquired a new position in SoFi Technologies during the fourth quarter worth about $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its holdings in shares of SoFi Technologies by 157.1% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,800 shares of the company’s stock valued at $47,000 after purchasing an additional 1,100 shares during the last quarter. Ossiam acquired a new stake in shares of SoFi Technologies in the third quarter valued at approximately $86,000. Smartleaf Asset Management LLC lifted its position in SoFi Technologies by 27.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,602 shares of the company’s stock worth $96,000 after buying an additional 783 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in SoFi Technologies during the fourth quarter worth approximately $112,000. Institutional investors and hedge funds 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.