William Blair Has Optimistic Outlook of SOFI FY2027 Earnings

SoFi Technologies, Inc. (NASDAQ:SOFI) – Investment analysts at William Blair increased their FY2027 EPS estimates for shares of SoFi Technologies in a research report issued on Tuesday, October 28th. William Blair analyst A. Jeffrey now anticipates that the company will earn $0.75 per share for the year, up from their prior estimate of $0.63. The consensus estimate for SoFi Technologies’ current full-year earnings is $0.26 per share.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Tuesday, October 28th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. SoFi Technologies had a net margin of 19.29% and a return on equity of 5.52%. The business had revenue of $949.63 million for the quarter, compared to analysts’ expectations of $880.33 million. During the same quarter in the previous year, the firm posted $0.05 EPS. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. SoFi Technologies has set its FY 2025 guidance at 0.370-0.370 EPS.

SOFI has been the subject of a number of other research reports. UBS Group lifted their target price on SoFi Technologies from $20.50 to $27.50 and gave the company a “neutral” rating in a report on Thursday. Rothschild & Co Redburn initiated coverage on shares of SoFi Technologies in a research note on Friday, August 1st. They set a “neutral” rating and a $20.50 price objective for the company. Citizens Jmp lowered shares of SoFi Technologies from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 14th. Jefferies Financial Group reiterated a “buy” rating and issued a $35.00 target price on shares of SoFi Technologies in a research note on Tuesday. Finally, Redburn Atlantic upgraded shares of SoFi Technologies to a “hold” rating in a research report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $24.94.

SoFi Technologies Stock Performance

NASDAQ:SOFI opened at $29.03 on Thursday. The business’s fifty day moving average is $27.20 and its 200 day moving average is $20.40. The firm has a market cap of $34.76 billion, a price-to-earnings ratio of 53.76, a PEG ratio of 3.13 and a beta of 1.92. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.14 and a current ratio of 0.80. SoFi Technologies has a 52-week low of $8.60 and a 52-week high of $32.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SOFI. SJS Investment Consulting Inc. lifted its holdings in shares of SoFi Technologies by 840.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 1,119 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of SoFi Technologies during the 3rd quarter valued at $29,000. ORG Partners LLC raised its position in SoFi Technologies by 230.6% in the 3rd quarter. ORG Partners LLC now owns 1,438 shares of the company’s stock worth $38,000 after purchasing an additional 1,003 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in SoFi Technologies by 46.9% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 1,469 shares of the company’s stock worth $39,000 after purchasing an additional 469 shares during the last quarter. Finally, Bfsg LLC lifted its stake in SoFi Technologies by 200.0% in the third quarter. Bfsg LLC now owns 1,500 shares of the company’s stock worth $40,000 after purchasing an additional 1,000 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

Insider Transactions at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 10,036 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $28.33, for a total transaction of $284,319.88. Following the sale, the executive vice president owned 275,374 shares in the company, valued at $7,801,345.42. This trade represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Jeremy Rishel sold 98,733 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $27.50, for a total value of $2,715,157.50. Following the completion of the transaction, the chief technology officer owned 759,553 shares of the company’s stock, valued at $20,887,707.50. The trade was a 11.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 129,383 shares of company stock worth $3,513,171 in the last 90 days. Company insiders own 2.60% of the company’s stock.

SoFi Technologies Company Profile

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.