SoFi Technologies (NASDAQ:SOFI) Shares Down 3.2% After Analyst Downgrade

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price dropped 3.2% on Monday after Needham & Company LLC lowered their price target on the stock from $36.00 to $33.00. Needham & Company LLC currently has a buy rating on the stock. SoFi Technologies traded as low as $21.86 and last traded at $22.08. Approximately 63,412,633 shares were traded during trading, an increase of 16% from the average daily volume of 54,815,000 shares. The stock had previously closed at $22.81.

SOFI has been the subject of several other research reports. Barclays increased their price objective on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. raised their price target on SoFi Technologies from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Jefferies Financial Group reiterated a “buy” rating and issued a $35.00 price target on shares of SoFi Technologies in a report on Tuesday, October 28th. Citigroup upped their price objective on shares of SoFi Technologies from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Bank of America began coverage on shares of SoFi Technologies in a research note on Tuesday, January 6th. They set an “underperform” rating and a $20.50 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, SoFi Technologies currently has an average rating of “Hold” and a consensus target price of $25.15.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 91,837 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total value of $2,446,537.68. Following the sale, the chief technology officer owned 794,598 shares in the company, valued at approximately $21,168,090.72. This represents a 10.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kelli Keough sold 10,340 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $26.43, for a total transaction of $273,286.20. Following the transaction, the executive vice president directly owned 265,034 shares of the company’s stock, valued at $7,004,848.62. This represents a 3.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 167,245 shares of company stock valued at $4,362,815 in the last three months. Company insiders own 2.60% of the company’s stock.

SoFi Technologies News Summary

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

• Positive Sentiment: Strong Q4 results: SoFi reported >$1B in revenue, double-digit adjusted net income margin and robust cross-selling that management says supports 30%+ revenue and large EPS growth guidance for FY2026. SoFi Technologies: Blowout Q4 Earnings Meet Fearful Market
• Positive Sentiment: Business quality and operating leverage improving: fee-based revenue jumped ~53% YoY, adjusted EBITDA margins expanded and management highlighted strong originations, deposits and member/product growth that reduce balance-sheet risk. SoFi: Selloff Looks Well Overdone As Execution Keeps Improving
• Neutral Sentiment: Analyst view: Needham trimmed its price target from $36 to $33 but kept a “buy” rating — signaling continued analyst conviction despite a modestly lower valuation anchor. SoFi PT Lowered to $33 at Needham
• Negative Sentiment: Market reaction and profit-taking: the stock slid in premarket trading and into the session as some investors booked gains despite the beat — likely reflecting valuation concerns after a strong run. SoFi Slides In Monday Premarket Despite Q4 Earnings Beat, Strong Growth Outlook
• Negative Sentiment: Product wind‑down: SoFi announced plans to liquidate and close the SoFi Next 500 ETF (SFYX) with final trading on Feb. 18 — a small negative as it reduces product breadth and AUM, though the direct business impact appears limited. SoFi Announces Plan to Liquidate and Close the SoFi Next 500 ETF (SFYX)

Institutional Investors Weigh In On SoFi Technologies

A number of institutional investors have recently modified their holdings of SOFI. PKS Advisory Services LLC increased its holdings in shares of SoFi Technologies by 6.1% during the fourth quarter. PKS Advisory Services LLC now owns 11,800 shares of the company’s stock valued at $309,000 after acquiring an additional 675 shares in the last quarter. Sun Financial Inc purchased a new stake in SoFi Technologies during the 4th quarter valued at about $974,000. Reynders McVeigh Capital Management LLC increased its stake in SoFi Technologies by 12.8% during the 4th quarter. Reynders McVeigh Capital Management LLC now owns 541,880 shares of the company’s stock valued at $14,186,000 after purchasing an additional 61,422 shares in the last quarter. Benjamin Edwards Inc. increased its stake in SoFi Technologies by 72.4% during the 4th quarter. Benjamin Edwards Inc. now owns 20,975 shares of the company’s stock valued at $549,000 after purchasing an additional 8,812 shares in the last quarter. Finally, Strs Ohio raised its holdings in SoFi Technologies by 10.1% in the fourth quarter. Strs Ohio now owns 418,446 shares of the company’s stock worth $10,955,000 after buying an additional 38,364 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

SoFi Technologies Trading Down 3.2%

The firm’s 50 day moving average price is $26.85 and its 200-day moving average price is $26.35. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.80 and a quick ratio of 0.16. The stock has a market cap of $26.63 billion, a P/E ratio of 58.11, a P/E/G ratio of 1.41 and a beta of 2.13.

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earnings results on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 6.48%. The firm’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, equities research analysts forecast that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

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.