SoFi Technologies (NASDAQ:SOFI – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.600-0.600 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.7 billion.
SoFi Technologies Price Performance
Shares of SOFI stock traded down $1.19 during trading hours on Wednesday, hitting $15.55. The company’s stock had a trading volume of 117,733,012 shares, compared to its average volume of 70,265,164. The business has a fifty day moving average of $17.27 and a 200-day moving average of $18.61. The stock has a market cap of $19.95 billion, a price-to-earnings ratio of 35.33 and a beta of 2.14. SoFi Technologies has a twelve month low of $14.01 and a twelve month high of $32.73. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm posted $0.08 EPS. The company’s quarterly revenue was up 42.5% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, equities research analysts anticipate that SoFi Technologies will post 0.59 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on SOFI
Insider Transactions at SoFi Technologies
In other news, EVP Kelli Keough sold 10,954 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $17.19, for a total transaction of $188,299.26. Following the sale, the executive vice president owned 367,728 shares in the company, valued at $6,321,244.32. This trade represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Noto acquired 15,545 shares of the stock in a transaction dated Monday, May 11th. The stock was acquired at an average cost of $16.00 per share, with a total value of $248,720.00. Following the transaction, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. This trade represents a 0.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 135,256 shares of company stock worth $2,370,822 over the last quarter. 2.50% of the stock is currently owned by insiders.
Key Stories Impacting SoFi Technologies
Here are the key news stories impacting SoFi Technologies this week:
- Positive Sentiment: Q2 results exceeded expectations. SoFi reported adjusted EPS of $0.12 versus the $0.11 consensus and revenue of $1.21 billion versus expectations of $1.11 billion. Revenue increased 42.5% year over year, while net income rose from the prior-year period. SoFi Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Growth metrics remained robust. Membership grew 35% to 15.8 million, and quarterly loan originations reached a record $14.8 billion. Existing members generated 51% of new products, highlighting improving cross-selling and the potential value of SoFi’s integrated financial-services platform. SoFi Cross-Selling Grows
- Positive Sentiment: Full-year revenue guidance was raised. SoFi forecast 2026 revenue of approximately $4.8 billion to $4.9 billion, above the roughly $4.7 billion analyst consensus. Management also cited stable credit quality and plans to use artificial intelligence to help customers take action across its financial ecosystem. SoFi Lifts 2026 Revenue Forecast
- Neutral Sentiment: Brand-building initiatives expand customer reach. A new multi-year partnership makes SoFi the official financial-services partner of Notre Dame Athletics and includes a jersey patch, scholarships and financial education. The agreement may improve brand awareness, particularly among younger consumers, but adds marketing costs and has limited immediate earnings impact. SoFi and Notre Dame Athletics Partnership
- Negative Sentiment: Profit guidance was not raised. Full-year EPS guidance remained at $0.60, only modestly above the $0.59 consensus. Investors appear to have expected stronger earnings leverage to accompany the revenue growth, making the unchanged outlook a source of disappointment.
- Negative Sentiment: Macro and valuation concerns remain. Elevated interest rates, potential pressure on funding costs, consumer-credit risks and questions about execution could limit future profitability. With the stock trading at a relatively high earnings multiple, investors are demanding continued strong growth.
Institutional Investors Weigh In On SoFi Technologies
Several hedge funds have recently modified their holdings of SOFI. Raiffeisen Bank International AG purchased a new stake in SoFi Technologies during the fourth quarter worth approximately $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of SoFi Technologies by 157.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,800 shares of the company’s stock valued at $47,000 after acquiring an additional 1,100 shares during the period. Ossiam purchased a new position in shares of SoFi Technologies in the 3rd quarter valued at $86,000. Smartleaf Asset Management LLC lifted its holdings in shares of SoFi Technologies by 27.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,602 shares of the company’s stock valued at $96,000 after acquiring an additional 783 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in SoFi Technologies during the 4th quarter worth $112,000. 38.43% of the stock is owned by institutional investors and hedge funds.
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.
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