What is Seaport Res Ptn’s Forecast for SOFI FY2025 Earnings?

SoFi Technologies, Inc. (NASDAQ:SOFI) – Research analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for shares of SoFi Technologies in a research note issued on Monday, September 15th. Seaport Res Ptn analyst W. Ryan now forecasts that the company will earn $0.31 per share for the year, up from their previous estimate of $0.26. The consensus estimate for SoFi Technologies’ current full-year earnings is $0.26 per share. Seaport Res Ptn also issued estimates for SoFi Technologies’ Q4 2025 earnings at $0.09 EPS and FY2026 earnings at $0.55 EPS.

A number of other research firms have also weighed in on SOFI. Mizuho set a $26.00 target price on SoFi Technologies and gave the stock an “outperform” rating in a report on Thursday, July 31st. Cowen started coverage on SoFi Technologies in a report on Friday, July 11th. They set a “hold” rating on the stock. The Goldman Sachs Group began coverage on SoFi Technologies in a report on Monday, July 14th. They set a “neutral” rating and a $19.00 target price on the stock. Truist Financial set a $23.00 price objective on SoFi Technologies in a report on Monday, August 4th. Finally, Citigroup upped their price objective on SoFi Technologies from $18.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, SoFi Technologies presently has an average rating of “Hold” and a consensus target price of $19.59.

SoFi Technologies Trading Down 0.9%

NASDAQ SOFI opened at $27.42 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.14 and a debt-to-equity ratio of 0.57. SoFi Technologies has a 12 month low of $7.57 and a 12 month high of $27.88. The stock has a 50 day moving average of $23.37 and a 200-day moving average of $16.81. The company has a market cap of $32.83 billion, a PE ratio of 57.13, a PEG ratio of 3.29 and a beta of 1.93.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The company had revenue of $519.37 million during the quarter, compared to the consensus estimate of $801.94 million. SoFi Technologies had a return on equity of 4.44% and a net margin of 18.38%.The firm’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 EPS. SoFi Technologies has set its FY 2025 guidance at 0.310-0.310 EPS.

Institutional Trading of SoFi Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Soltis Investment Advisors LLC boosted its position in shares of SoFi Technologies by 1.8% during the 2nd quarter. Soltis Investment Advisors LLC now owns 28,436 shares of the company’s stock valued at $518,000 after acquiring an additional 501 shares during the last quarter. AE Wealth Management LLC boosted its position in shares of SoFi Technologies by 2.8% during the 2nd quarter. AE Wealth Management LLC now owns 18,620 shares of the company’s stock valued at $339,000 after acquiring an additional 514 shares during the last quarter. Pathway Financial Advisers LLC boosted its position in shares of SoFi Technologies by 1.1% during the 2nd quarter. Pathway Financial Advisers LLC now owns 47,319 shares of the company’s stock valued at $862,000 after acquiring an additional 537 shares during the last quarter. Burney Co. boosted its position in shares of SoFi Technologies by 0.4% during the 2nd quarter. Burney Co. now owns 147,136 shares of the company’s stock valued at $2,679,000 after acquiring an additional 557 shares during the last quarter. Finally, Drive Wealth Management LLC boosted its position in shares of SoFi Technologies by 1.4% during the 2nd quarter. Drive Wealth Management LLC now owns 40,546 shares of the company’s stock valued at $738,000 after acquiring an additional 563 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CTO Jeremy Rishel sold 66,847 shares of the company’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of $15.55, for a total transaction of $1,039,470.85. Following the completion of the sale, the chief technology officer directly owned 724,321 shares in the company, valued at approximately $11,263,191.55. This represents a 8.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kelli Keough sold 10,578 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $22.13, for a total value of $234,091.14. Following the sale, the executive vice president owned 234,622 shares of the company’s stock, valued at approximately $5,192,184.86. The trade was a 4.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 97,959 shares of company stock valued at $1,653,646. Corporate insiders own 2.60% of the company’s stock.

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.