SoFi Technologies (NASDAQ:SOFI) Coverage Initiated at Argus

Equities researchers at Argus began coverage on shares of SoFi Technologies (NASDAQ:SOFI) in a note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage set a “hold” rating on the stock.

A number of other brokerages have also weighed in on SOFI. Keefe, Bruyette & Woods cut their target price on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research note on Thursday, April 9th. Wells Fargo & Company decreased their target price on shares of SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. The Goldman Sachs Group decreased their target price on shares of SoFi Technologies from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday. UBS Group set a $24.50 price target on shares of SoFi Technologies in a research note on Monday, February 2nd. Finally, Barclays cut their target price on shares of SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $24.85.

SoFi Technologies Price Performance

SOFI stock opened at $19.03 on Wednesday. The firm has a market cap of $24.27 billion, a P/E ratio of 50.08 and a beta of 2.24. SoFi Technologies has a 52 week low of $10.49 and a 52 week high of $32.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The firm’s fifty day moving average is $17.96 and its 200 day moving average is $23.97.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The company’s revenue was up 39.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 EPS. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts predict that SoFi Technologies will post 0.26 earnings per share for the current year.

Insider Transactions at SoFi Technologies

In related news, CEO Anthony Noto bought 28,900 shares of the stock in a transaction dated Tuesday, March 17th. The shares were purchased at an average price of $17.32 per share, with a total value of $500,548.00. Following the completion of the acquisition, the chief executive officer owned 11,704,352 shares of the company’s stock, valued at $202,719,376.64. This represents a 0.25% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Jeremy Rishel sold 94,958 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the transaction, the chief technology officer owned 839,640 shares of the company’s stock, valued at $14,634,925.20. This trade represents a 10.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have bought 38,900 shares of company stock valued at $705,398 and have sold 218,148 shares valued at $4,161,735. 2.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SoFi Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in SOFI. Brighton Jones LLC raised its stake in shares of SoFi Technologies by 2.0% in the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock valued at $11,077,000 after acquiring an additional 14,281 shares during the period. Caxton Associates LLP bought a new stake in shares of SoFi Technologies in the 1st quarter valued at about $129,000. Empowered Funds LLC boosted its holdings in shares of SoFi Technologies by 5.2% in the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after buying an additional 1,631 shares in the last quarter. Franklin Resources Inc. boosted its stake in SoFi Technologies by 23.2% in the 2nd quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock worth $251,000 after purchasing an additional 2,596 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in SoFi Technologies in the 2nd quarter worth approximately $4,633,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Key SoFi Technologies News

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

• Positive Sentiment: Retail short-squeeze chatter and earnings anticipation pushed early demand for SOFI, with premarket pops reported and traders citing an upcoming April 29 earnings catalyst. SoFi Technologies Pops 5% as Short Squeeze Chatter and Earnings Anticipation Heat Up
• Positive Sentiment: Unusually large options activity — heavy call volume (about 612,015 calls) — signals speculative bullish positioning and likely magnifies intraday moves. (Options volume reported 4/15; headline coverage summarized by market trackers.)
• Positive Sentiment: SoFi’s expansion of instant bank transfers via the FedNow Service strengthens its payments capabilities and opens revenue/partnership opportunities, a company-specific product win investors view as growth-affirming. Why SoFi Technologies (SOFI) Is Up 13.9% After Expanding FedNow Instant Payments Capabilities
• Positive Sentiment: Bullish analyst/commentary pieces (Seeking Alpha, other buy-the-dip writeups) are highlighting strong member growth, revenue expansion and new product tailwinds — supporting a narrative of a rebound candidate. SoFi: This Fintech Leader Is Ready To Rebound
• Neutral Sentiment: Argus initiated coverage with a HOLD rating — a formal analyst touchpoint that can temper rallies by signaling caution despite product/metric momentum. SoFi Technologies, Inc.: Launching coverage with a HOLD rating
• Neutral Sentiment: Zacks and other newswires note increased investor attention and intraday outperformance, which can attract short-term flows but don’t change fundamentals immediately. SoFi Technologies, Inc. (SOFI) Outperforms Broader Market
• Neutral Sentiment: Broader market risk-on sentiment (easing geopolitical tensions) has boosted software and fintech names, helping lift SOFI alongside sector peers. Oracle and Other Software Stocks Are Rising Again
• Negative Sentiment: Some coverage flags valuation concerns — the FedNow rollout highlights growth prospects but also tests current multiples and expectations, which could cap upside if growth doesn’t accelerate as priced. SoFi FedNow Rollout Tests Valuation Concerns And Technology Growth Hopes

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.