SoFi Technologies (NASDAQ:SOFI) Releases Earnings Results, Beats Estimates By $0.03 EPS

SoFi Technologies (NASDAQ:SOFI) announced its earnings results on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03, Zacks reports. SoFi Technologies had a net margin of 18.64% and a return on equity of 3.82%. The company’s revenue was up 32.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.02 EPS. SoFi Technologies updated its Q2 2025 guidance to 0.050-0.060 EPS and its FY 2025 guidance to 0.270-0.280 EPS.

SoFi Technologies Stock Performance

NASDAQ:SOFI traded up $0.54 during trading hours on Tuesday, reaching $13.74. 70,058,013 shares of the stock were exchanged, compared to its average volume of 46,753,234. The stock has a market capitalization of $15.06 billion, a P/E ratio of 37.25, a P/E/G ratio of 2.24 and a beta of 1.86. SoFi Technologies has a 52 week low of $6.01 and a 52 week high of $18.42. The company has a quick ratio of 0.18, a current ratio of 0.49 and a debt-to-equity ratio of 0.52. The firm has a 50 day simple moving average of $12.14 and a 200-day simple moving average of $13.71.

Wall Street Analyst Weigh In

SOFI has been the topic of a number of research reports. Citigroup raised their target price on shares of SoFi Technologies from $12.50 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods reissued an “underperform” rating and set a $8.00 price objective (up from $7.00) on shares of SoFi Technologies in a research note on Thursday, January 2nd. Dbs Bank upgraded shares of SoFi Technologies to a “strong-buy” rating in a research report on Friday, February 21st. JMP Securities initiated coverage on shares of SoFi Technologies in a research report on Friday. They set a “market outperform” rating and a $17.00 target price on the stock. Finally, UBS Group lifted their price target on shares of SoFi Technologies from $10.50 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, January 28th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.10.

Insider Buying and Selling

In other news, EVP Kelli Keough sold 11,181 shares of SoFi Technologies stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $12.72, for a total transaction of $142,222.32. Following the transaction, the executive vice president now directly owns 226,210 shares in the company, valued at approximately $2,877,391.20. This trade represents a 4.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Jeremy Rishel sold 68,625 shares of SoFi Technologies stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $12.64, for a total value of $867,420.00. Following the transaction, the chief technology officer now owns 655,118 shares in the company, valued at approximately $8,280,691.52. This trade represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 100,172 shares of company stock valued at $1,271,115. Insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On SoFi Technologies

A hedge fund recently raised its stake in SoFi Technologies stock. Brighton Jones LLC increased its position in SoFi Technologies, Inc. (NASDAQ:SOFI) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 719,288 shares of the company’s stock after buying an additional 14,281 shares during the period. Brighton Jones LLC owned 0.07% of SoFi Technologies worth $11,077,000 at the end of the most recent reporting period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

About SoFi Technologies

SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.