SoFi Technologies (NASDAQ:SOFI) Shares Down 1.4% Following Analyst Downgrade

SoFi Technologies, Inc. (NASDAQ:SOFI) was down 1.4% during mid-day trading on Tuesday 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 $21.02 and last traded at $21.76. Approximately 91,823,922 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 56,695,797 shares. The stock had previously closed at $22.08.

A number of other analysts have also recently issued reports on SOFI. Barclays upped their target price on SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. BTIG Research reissued a “neutral” rating on shares of SoFi Technologies in a report on Wednesday, October 29th. JPMorgan Chase & Co. raised their target price on shares of SoFi Technologies from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group decreased their price target on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $25.44.

Insiders Place Their Bets

In other news, CTO Jeremy Rishel sold 91,837 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the transaction, the chief technology officer directly owned 794,598 shares in the company, valued at $21,168,090.72. The trade was a 10.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Arun Pinto sold 46,132 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $24.76, for a total transaction of $1,142,228.32. Following the completion of the sale, the insider owned 138,396 shares of the company’s stock, valued at approximately $3,426,684.96. The trade was a 25.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 167,245 shares of company stock worth $4,362,815. 2.60% of the stock is owned by insiders.

Key Stories Impacting SoFi Technologies

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

• Positive Sentiment: J.P. Morgan upgraded SOFI to Overweight and set a $31 price target, citing “undeniable momentum” — the upgrade is driving some buy-side interest and frames the stock as having sizable upside from current levels. SoFi upgraded to Overweight at J.P. Morgan on ‘undeniable’ momentum
• Positive Sentiment: Coverage highlighting fundamental catalysts — including SoFi’s first billion-dollar revenue quarter and its push into crypto payments — supports a constructive narrative that could underpin longer-term multiple expansion. Assessing SoFi Technologies (SOFI) Valuation After Its First Billion Dollar Quarter And Crypto Payment Push
• Positive Sentiment: Macro/sector tailwinds for fintech (AI, blockchain, digital payments) are being cited as durable demand drivers for companies like SoFi, which could support re-rating if execution continues. Fintech Stocks Offer a Resilient Path Toward Sustainable Returns
• Neutral Sentiment: Analyst and media coverage is encouraging investors to keep SOFI on watchlists as a growth fintech play; this increases visibility but doesn’t guarantee short-term directional moves. SoFi Technologies (NASDAQ:SOFI) Fintech Stock For Watchlists Tracking Innovation In Finance
• Neutral Sentiment: Analytical pieces assessing valuation after the recent quarter provide context for both bulls and bears — they highlight the beat and guidance but note the premium multiple, leaving the impact dependent on next-quarter execution. What Catalysts Are Recasting The Narrative For SoFi Technologies (SOFI)?
• Negative Sentiment: A recent 8-day decline removed roughly $5.4B of market value and signals near-term selling pressure — momentum-driven outflows and profit-taking appear to be behind the short-term weakness. What’s Happening With SOFI Stock
• Negative Sentiment: Needham lowered expectations for SoFi’s stock price, adding analyst-side caution that can pressure sentiment and amplify selling when volume spikes. Needham & Company LLC Has Lowered Expectations for SoFi Technologies (NASDAQ:SOFI) Stock Price

Institutional Trading of SoFi Technologies

Hedge funds have recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in SoFi Technologies by 12.5% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,879,959 shares of the company’s stock valued at $88,864,000 after acquiring an additional 540,610 shares during the last quarter. Blair William & Co. IL increased its stake in SoFi Technologies by 443.9% during the second quarter. Blair William & Co. IL now owns 335,698 shares of the company’s stock worth $6,113,000 after acquiring an additional 273,972 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in shares of SoFi Technologies in the 2nd quarter worth about $209,000. Quantbot Technologies LP acquired a new position in shares of SoFi Technologies in the 2nd quarter valued at about $25,699,000. Finally, Marex Group plc acquired a new position in shares of SoFi Technologies in the 2nd quarter valued at about $11,179,000. 38.43% of the stock is owned by institutional investors and hedge funds.

SoFi Technologies Stock Down 4.6%

The stock has a fifty day moving average price of $26.56 and a 200-day moving average price of $26.31. The firm has a market cap of $25.02 billion, a PE ratio of 54.61, a PEG ratio of 1.33 and a beta of 2.13. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.16 and a current ratio of 0.80.

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