William Blair Issues Pessimistic Estimate for SOFI Earnings

SoFi Technologies, Inc. (NASDAQ:SOFI) – Analysts at William Blair cut their Q1 2025 earnings per share estimates for shares of SoFi Technologies in a note issued to investors on Tuesday, April 15th. William Blair analyst A. Jeffrey now forecasts that the company will post earnings of $0.03 per share for the quarter, down from their previous estimate of $0.05. William Blair has a “Outperform” rating on the stock. The consensus estimate for SoFi Technologies’ current full-year earnings is $0.26 per share. William Blair also issued estimates for SoFi Technologies’ FY2025 earnings at $0.26 EPS, Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.11 EPS and Q4 2026 earnings at $0.16 EPS.

SOFI has been the subject of a number of other research reports. Dbs Bank upgraded SoFi Technologies to a “strong-buy” rating in a research note on Friday, February 21st. Citigroup lifted their price objective on shares of SoFi Technologies from $12.50 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. UBS Group upped their target price on shares of SoFi Technologies from $10.50 to $14.00 and gave the company a “neutral” rating in a research note on Tuesday, January 28th. Morgan Stanley boosted their price objective on shares of SoFi Technologies from $7.50 to $13.00 and gave the stock an “underweight” rating in a report on Thursday, December 19th. Finally, Keefe, Bruyette & Woods restated an “underperform” rating and set a $8.00 target price (up from $7.00) on shares of SoFi Technologies in a research note on Thursday, January 2nd. Four investment analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.50.

SoFi Technologies Stock Performance

NASDAQ:SOFI opened at $10.66 on Wednesday. The firm’s fifty day simple moving average is $12.76 and its 200 day simple moving average is $13.44. The company has a current ratio of 0.49, a quick ratio of 0.18 and a debt-to-equity ratio of 0.52. SoFi Technologies has a twelve month low of $6.01 and a twelve month high of $18.42. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 2.24 and a beta of 1.86.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Monday, January 27th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. During the same period last year, the firm posted $0.04 EPS.

Hedge Funds Weigh In On SoFi Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Skandinaviska Enskilda Banken AB publ acquired a new position in SoFi Technologies during the 4th quarter worth $27,000. Hollencrest Capital Management bought a new position in SoFi Technologies in the 4th quarter valued at about $31,000. Mpwm Advisory Solutions LLC acquired a new position in SoFi Technologies during the 4th quarter valued at about $32,000. FNY Investment Advisers LLC raised its position in shares of SoFi Technologies by 727.1% during the 4th quarter. FNY Investment Advisers LLC now owns 2,167 shares of the company’s stock worth $33,000 after buying an additional 1,905 shares in the last quarter. Finally, IAG Wealth Partners LLC acquired a new stake in shares of SoFi Technologies in the 4th quarter worth approximately $38,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other SoFi Technologies news, EVP Kelli Keough sold 8,914 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $17.58, for a total value of $156,708.12. Following the sale, the executive vice president now directly owns 178,811 shares of the company’s stock, valued at $3,143,497.38. This trade represents a 4.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Jeremy Rishel sold 68,625 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $12.64, for a total transaction of $867,420.00. Following the transaction, the chief technology officer now owns 655,118 shares of the company’s stock, valued at $8,280,691.52. This represents a 9.48 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 97,905 shares of company stock valued at $1,308,075. 2.60% of the stock is currently owned by insiders.

SoFi Technologies Company Profile

SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.