SoFi Technologies (NASDAQ:SOFI) Trading 2.9% Higher – Still a Buy?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s share price rose 2.9% on Thursday . The stock traded as high as $19.48 and last traded at $19.25. Approximately 68,021,130 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 62,049,750 shares. The stock had previously closed at $18.70.

Trending Headlines about SoFi Technologies

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

• Positive Sentiment: Mastercard partnership expands SoFiUSD settlement reach, positioning SoFi to capture cross-border and merchant settlement flows and boosting credibility for its fully reserved stablecoin; a material distribution channel if adoption grows. SoFi (SOFI), Mastercard (MA) Partner to Integrate SoFiUSD Stablecoin for Global Settlement
• Positive Sentiment: SoFi selected BitGo to power custody/distribution for SoFiUSD, lowering execution risk for launches and signaling institutional-grade infrastructure behind the stablecoin. SoFi Selects BitGo to Power Bank-Issued Stablecoin
• Positive Sentiment: SoFiUSD has been enabled across Mastercard’s payments network in multiple announcements — this repetition in press coverage highlights distribution momentum that could translate into payments volume and new revenue streams. SoFi’s stablecoin joins Mastercard’s network
• Positive Sentiment: Unusual options activity: a large uptick in call purchases suggests short-term bullish positioning by traders, which can amplify intraday moves if sentiment continues. (Intraday options volume data)
• Neutral Sentiment: SoFi is running member-facing product initiatives (e.g., private-market access via Templum) that diversify revenue and deepen member engagement, supporting long-term monetization but with uncertain short-term earnings impact. Templum to Offer Private Market Opportunities to SoFi Members
• Neutral Sentiment: Several bullish long-term narratives and retail-targeted features appear in opinion pieces (The Motley Fool, others), which can support investor interest but are speculative and not guaranteed to move near-term fundamentals. Is SoFi Technologies Stock Your Ticket to Becoming a Millionaire?
• Negative Sentiment: Analysts remain mixed: Truist reaffirmed a Hold and cut its price target, and consensus ratings skew toward Hold — that analyst caution keeps downward pressure on the stock while investors wait for consistent margin/earnings beats to justify current multiples. Analyst Opinion Mixed on SoFi Technologies (SOFI) Stock

Analyst Ratings Changes

A number of research firms have commented on SOFI. Needham & Company LLC decreased their price target on SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Truist Financial cut their target price on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Citizens Jmp raised SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a research note on Monday, February 9th. JPMorgan Chase & Co. raised SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price target on the stock in a report on Tuesday, February 3rd. Finally, Barclays upped their price target on SoFi Technologies from $23.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.34.

SoFi Technologies Price Performance

The firm’s fifty day simple moving average is $22.95 and its 200 day simple moving average is $25.85. The firm has a market cap of $24.10 billion, a P/E ratio of 49.74 and a beta of 2.20. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78.

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

Insider Buying and Selling at SoFi Technologies

In other news, EVP Kelli Keough sold 9,755 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $18.87, for a total transaction of $184,076.85. Following the completion of the transaction, the executive vice president directly owned 293,725 shares in the company, valued at approximately $5,542,590.75. This represents a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Robert S. Lavet bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average cost of $21.04 per share, with a total value of $105,200.00. Following the completion of the acquisition, the general counsel owned 17,172 shares of the company’s stock, valued at $361,298.88. This represents a 41.08% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 214,753 shares of company stock worth $5,045,087 over the last three months. 2.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On SoFi Technologies

A number of hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC raised its stake in SoFi Technologies by 14.8% during the fourth quarter. Hsbc Holdings PLC now owns 419,105 shares of the company’s stock valued at $10,992,000 after purchasing an additional 53,941 shares in the last quarter. Pure Financial Advisors LLC bought a new stake in shares of SoFi Technologies in the 4th quarter worth about $315,000. SHP Wealth Management purchased a new stake in shares of SoFi Technologies during the 4th quarter valued at about $36,000. Tulsa Wealth Advisors INC bought a new position in shares of SoFi Technologies in the 4th quarter valued at about $201,000. Finally, Reflection Asset Management purchased a new position in SoFi Technologies in the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.