SoFi Technologies (NASDAQ:SOFI) Trading Down 1.2% After Analyst Downgrade

SoFi Technologies, Inc. (NASDAQ:SOFI) traded down 1.2% during trading on Thursday after Truist Financial lowered their price target on the stock from $28.00 to $21.00. Truist Financial currently has a hold rating on the stock. SoFi Technologies traded as low as $18.97 and last traded at $19.30. 53,011,495 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 58,475,871 shares. The stock had previously closed at $19.54.

Several other analysts also recently commented on the stock. BTIG Research reissued a “neutral” rating on shares of SoFi Technologies in a research report on Wednesday, October 29th. Citigroup raised their price target on shares of SoFi Technologies from $28.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Bank of America started coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price objective for the company. Citizens Jmp upgraded SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SoFi Technologies in a research report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $26.34.

Insider Buying and Selling at SoFi Technologies

In related news, Director Steven J. Freiberg sold 94,225 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the completion of the sale, the director owned 588,849 shares in the company, valued at $11,959,523.19. This represents a 13.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Jeremy Rishel sold 91,837 shares of SoFi Technologies stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $26.64, for a total value of $2,446,537.68. Following the completion of the transaction, the chief technology officer directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold 214,753 shares of company stock worth $5,045,087 in the last ninety days. 2.60% of the stock is owned by insiders.

SoFi Technologies News Roundup

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

• Positive Sentiment: Q4 results and customer growth support the long-term growth case: coverage highlights SoFi’s strong Q4 revenue and adjusted net‑income growth and a record ~1 million new customers in Q4, reinforcing the company’s growth thesis. Why This 1 Unstoppable Stock Could Be the Next Bank of America
• Positive Sentiment: Bullish retail analyst narrative: a separate Motley Fool piece reiterates a high-return view on SoFi, citing strong multi‑year average gains that support a long‑horizon accumulation thesis for investors. 1 Financial Services Stock That Could Turn $1,000 Per Month Into $1 Million
• Neutral Sentiment: Product expansion into remittances: SoFi is testing Bitcoin Lightning for remittances, a potential low‑cost payments use case that could broaden services but carries execution and regulatory uncertainty. The coverage also notes mixed signals around valuation. SoFi Taps Bitcoin Lightning For Remittances As Valuation Signals Mixed
• Neutral Sentiment: Lower price per share may attract value-seekers: commentary listing stocks under $20 highlights that SoFi’s sub‑$20 price could draw retail and institutional attention, which can support episodic buying interest. 3 Cheap Stocks to Buy Now: All Under $20 Per Share
• Neutral Sentiment: Technical/price action: market commentary notes the stock is consolidating after a prolonged downtrend, suggesting short‑term technical uncertainty even as longer‑term fundamentals are debated. Stock Of The Day: Where Will SoFi Turn?
• Negative Sentiment: Analyst downward revision: Truist trimmed its price target on SOFI to $21, which can pressure sentiment among institutional investors and reduce near‑term upside expectations. Truist Financial Lowers SoFi Technologies (NASDAQ:SOFI) Price Target to $21.00
• Negative Sentiment: Insider selling: EVP Kelli Keough sold 9,755 shares (~3.21% reduction in her position) at an average price of $18.87; disclosed in an SEC filing — insider sales can weigh on sentiment even if not large in dollar terms. Kelli Keough Insider Sale

Institutional Trading of SoFi Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Valley Wealth Managers Inc. bought a new stake in shares of SoFi Technologies in the fourth quarter valued at about $25,000. Blue Trust Inc. raised its holdings in SoFi Technologies by 655.2% in the 4th quarter. Blue Trust Inc. now owns 1,012 shares of the company’s stock valued at $26,000 after acquiring an additional 878 shares in the last quarter. Vermillion Wealth Management Inc. lifted its position in shares of SoFi Technologies by 283.1% in the 4th quarter. Vermillion Wealth Management Inc. now owns 1,000 shares of the company’s stock worth $26,000 after acquiring an additional 739 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of SoFi Technologies in the 4th quarter worth approximately $28,000. Finally, Salomon & Ludwin LLC acquired a new stake in shares of SoFi Technologies during the 3rd quarter worth approximately $29,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

SoFi Technologies Trading Down 1.5%

The firm has a market capitalization of $22.94 billion, a P/E ratio of 50.05 and a beta of 2.13. The company has a quick ratio of 0.16, a current ratio of 0.78 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $24.56 and a 200-day moving average price of $26.14.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $984.75 million. SoFi Technologies had a return on equity of 5.88% and a net margin of 13.34%.SoFi Technologies’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the business 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. Analysts anticipate that SoFi Technologies, Inc. will post 0.26 earnings per share for the current year.

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.