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

SoFi Technologies (NASDAQ:SOFI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.600- for the period, compared to the consensus earnings per share estimate of 0.590. The company issued revenue guidance of $4.7B-, compared to the consensus revenue estimate of $4.6 billion. SoFi Technologies also updated its Q2 2026 guidance to EPS.

SoFi Technologies Stock Performance

SOFI traded up $0.59 on Thursday, reaching $16.11. 80,464,634 shares of the stock were exchanged, compared to its average volume of 63,843,496. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. The company’s 50-day moving average price is $17.65 and its 200 day moving average price is $23.43. The firm has a market capitalization of $20.54 billion, a PE ratio of 42.39 and a beta of 2.24. SoFi Technologies has a fifty-two week low of $12.43 and a fifty-two week high of $32.73.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period last year, the business posted $0.06 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. As a group, sell-side analysts forecast that SoFi Technologies will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SOFI shares. Truist Financial decreased their target price on shares of SoFi Technologies from $21.00 to $20.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Barclays reduced their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Morgan Stanley set a $16.00 price objective on SoFi Technologies in a report on Thursday. Needham & Company LLC dropped their target price on SoFi Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday. Finally, TD Cowen reduced their price target on SoFi Technologies from $24.00 to $18.00 and set a “hold” rating for the company in a research report on Thursday. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, SoFi Technologies presently has an average rating of “Hold” and a consensus target price of $23.61.

Insider Activity

In related news, EVP Kelli Keough sold 9,742 shares of SoFi Technologies stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $19.25, for a total value of $187,533.50. Following the completion of the transaction, the executive vice president owned 333,284 shares in the company, valued at $6,415,717. The trade was a 2.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 94,958 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total value of $1,655,117.94. Following the completion of the transaction, the chief technology officer directly owned 839,640 shares of the company’s stock, valued at $14,634,925.20. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders acquired 38,900 shares of company stock worth $705,398 and sold 218,422 shares worth $4,105,468. Insiders own 2.60% of the company’s stock.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: Record Q1 operating results — revenue ~ $1.09–$1.10B (up ~43% YoY), net income more than doubled, membership and loan originations hit records, showing core business growth and improving profitability. SoFi Technologies (SOFI) Is Down 18.5% After Strong Q1 Results But Unchanged 2026 Outlook
• Positive Sentiment: New product/infrastructure: SoFi Big Business Banking launched to integrate fiat and crypto operations within a nationally chartered bank — a potential enterprise-revenue accelerator if adoption by partners scales. SoFi Tech (SOFI) Launches Big Business Banking to Integrate Fiat and Crypto Operations
• Neutral Sentiment: Analyst moves: Some firms trimmed price targets (e.g., Stephens cut PT to $25) but ratings largely remain constructive — mixed signals for short‑term sentiment but not a consensus sell signal. Stephens Trims SoFi Price Target to $25: Is the Sell-On-Beat Pattern Bigger Than The Bull Case?
• Neutral Sentiment: Unusual options activity: a large increase in call buying was reported — could signal speculative bullish positioning or hedging by institutions; monitor open interest and expiration flows for directional clues.
• Negative Sentiment: Market reaction: the stock dropped sharply after earnings because management left FY2026 revenue/profit guidance essentially unchanged and issued a cautious Q2 outlook; investors punished “sell‑on‑beat” behavior despite the beat. SoFi’s Record Beat Leaves the Market Cold
• Negative Sentiment: Platform headwind & external scrutiny: Technology Platform revenue fell significantly (loss of a major client cited) and the company has faced a short‑seller allegation and a securities‑fraud probe inquiry — heightening execution and reputational risk until resolved. SOFI ALERT: Securities Fraud Investigation by Block & Leviton Could Allow SoFi Technologies Investors to Recover Losses

Hedge Funds Weigh In On SoFi Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raiffeisen Bank International AG purchased a new stake in shares of SoFi Technologies during the fourth quarter worth about $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in SoFi Technologies by 157.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,800 shares of the company’s stock valued at $47,000 after buying an additional 1,100 shares in the last quarter. Ossiam acquired a new stake in SoFi Technologies in the 3rd quarter worth about $86,000. Smartleaf Asset Management LLC boosted its holdings in SoFi Technologies by 27.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,602 shares of the company’s stock worth $96,000 after buying an additional 783 shares during the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in SoFi Technologies during the 4th quarter worth approximately $112,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.