SoFi Technologies (NASDAQ:SOFI) Shares Down 3.9% – Should You Sell?

SoFi Technologies, Inc. (NASDAQ:SOFI)’s stock price fell 3.9% on Thursday . The company traded as low as $17.93 and last traded at $18.32. 51,355,085 shares changed hands during trading, a decline of 18% from the average session volume of 62,382,023 shares. The stock had previously closed at $19.06.

More SoFi Technologies News

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

• Positive Sentiment: Launched a fully digital Home Equity Line of Credit (HELOC) and created a Real Estate Advisory Council to support home-lending growth — a clear product push to expand fee and lending revenue opportunities. SoFi Expands Home Lending to Give Members Greater Access to Home Equity and Support Across Homeownership Journey
• Positive Sentiment: Added XRP deposit support, becoming the first nationally chartered U.S. bank to support the asset — expands crypto product suite and could boost engagement/fees among crypto-active customers. SoFi Expands HELOC And XRP Offerings As Valuation Premium Persists
• Neutral Sentiment: Market commentary and transcript availability — several outlets reposted a Q2 2025 earnings call transcript and noted short-term stock strength on 4/22, useful for investors doing earnings prep but not new fundamental news. SoFi (SOFI) Q2 2025 Earnings Call Transcript
• Negative Sentiment: Analyst comparisons favoring Palantir (PLTR) highlight relative AI-growth concerns for SoFi — competitive narratives can reallocate investor interest away from SOFI toward higher-rated AI growth names. PLTR vs. SOFI: Which High-Growth Tech Stock is the Better Buy Now?
• Negative Sentiment: Zacks warns SoFi may lack the setup for an upcoming earnings beat — heightened expectations management risk that could pressure the stock if results or guidance disappoint. SoFi Technologies, Inc. (SOFI) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: User reports flag a “catch” around the new XRP offering — potential customer experience issues or limitations could blunt adoption and create short-term PR/usage headwinds. XRP News: SoFi Just Added XRP for 13.7 Million Customers — But Users Say There’s a Catch

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SOFI shares. Argus started coverage on shares of SoFi Technologies in a research report on Wednesday, April 15th. They issued a “hold” rating on the stock. Bank of America started coverage on shares of SoFi Technologies in a research report on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 price objective on the stock. Keefe, Bruyette & Woods decreased their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. Barclays dropped their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $24.85.

SoFi Technologies Trading Down 3.9%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.18 and a current ratio of 0.78. The stock’s 50-day simple moving average is $17.82 and its 200-day simple moving average is $23.76. The firm has a market capitalization of $23.36 billion, a PE ratio of 48.21 and a beta of 2.24.

SoFi Technologies (NASDAQ:SOFI) last issued its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same period in the previous year, the firm earned $0.05 EPS. The company’s quarterly revenue 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. As a group, sell-side analysts expect that SoFi Technologies, Inc. will post 0.6 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Steven J. Freiberg sold 94,225 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $20.31, for a total value of $1,913,709.75. Following the sale, the director directly owned 588,849 shares of the company’s stock, valued at $11,959,523.19. This represents a 13.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Robert S. Lavet purchased 5,000 shares of SoFi Technologies stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average cost of $21.04 per share, for a total transaction of $105,200.00. Following the completion of the purchase, the general counsel owned 17,172 shares of the company’s stock, valued at $361,298.88. This trade represents a 41.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders bought 38,900 shares of company stock valued at $705,398 and sold 208,680 shares valued at $3,917,934. 2.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On SoFi Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC lifted its position in SoFi Technologies by 3.5% during the 1st quarter. Pathway Financial Advisers LLC now owns 49,525 shares of the company’s stock valued at $786,000 after acquiring an additional 1,677 shares during the period. Intrua Financial LLC lifted its position in SoFi Technologies by 35.4% during the 1st quarter. Intrua Financial LLC now owns 14,997 shares of the company’s stock valued at $238,000 after acquiring an additional 3,925 shares during the period. Ameliora Wealth Management Ltd. purchased a new position in SoFi Technologies during the 1st quarter valued at about $1,588,000. Apollon Wealth Management LLC lifted its position in SoFi Technologies by 240.1% during the 1st quarter. Apollon Wealth Management LLC now owns 40,755 shares of the company’s stock valued at $647,000 after acquiring an additional 28,773 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in SoFi Technologies by 312.9% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 66,332 shares of the company’s stock valued at $1,053,000 after acquiring an additional 50,266 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.