SoFi Technologies (NASDAQ:SOFI) Stock Price Down 2.5% – Here’s Why

Posted by Geri Gentry on Jul 25th, 2026

SoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) shares were down 2.5% during trading on Thursday . The company traded as low as $16.47 and last traded at $16.65. Approximately 73,027,855 shares traded hands during trading, an increase of 5% from the average session volume of 69,572,992 shares. The stock had previously closed at $17.07.

SoFi Technologies News Roundup

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

Positive Sentiment: Truist Financial raised its price target on SoFi to $18 from $17, signaling slightly improved confidence in the stock’s near-term value, even though the firm kept a Hold rating. Truist raises SoFi price target
Positive Sentiment: SoFi is drawing attention for giving retail investors access to the highly anticipated SpaceX IPO, which could help reinforce the appeal of its investing platform and support user engagement. SoFi brings SpaceX IPO access
Neutral Sentiment: New outlook pieces from Yahoo Finance and Zacks focus on Wall Street’s Q2 2026 estimates for SoFi’s revenue, earnings, and other key operating metrics, suggesting investors are waiting for the company to prove continued growth when results are reported. SoFi Q2 outlook article
Neutral Sentiment: Another article compares SoFi with Coinbase as a high-growth investment, keeping the stock in the spotlight but offering no direct new fundamental catalyst. Coinbase vs. SoFi article
Negative Sentiment: SoFi’s stock has also recently fallen more than the broader market, reflecting continued pressure on the shares as investors digest the company’s growth outlook and recent trading weakness. SoFi dips more than broader market

Analysts Set New Price Targets

SOFI has been the topic of a number of recent analyst reports. Needham & Company LLC lowered their price objective on SoFi Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Keefe, Bruyette & Woods reduced their target price on SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating for the company in a research report on Thursday, April 9th. Wells Fargo & Company decreased their target price on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $18.00 price target on shares of SoFi Technologies in a report on Thursday, April 30th. Finally, Mizuho set a $29.00 price target on SoFi Technologies in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.83.

Check Out Our Latest Research Report on SOFI

SoFi Technologies Price Performance

The business has a fifty day moving average price of $17.21 and a 200-day moving average price of $18.82. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $21.11 billion, a PE ratio of 37.41 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.12. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.05 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.SoFi Technologies’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period last year, the firm posted $0.06 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Research analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 102,123 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the completion of the sale, the chief technology officer directly owned 895,089 shares in the company, valued at $15,914,682.42. This represents a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Anthony Noto acquired 15,545 shares of SoFi Technologies stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the completion of the purchase, the chief executive officer directly owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. The trade was a 0.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 124,302 shares of company stock valued at $2,182,523. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

Institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock valued at $11,077,000 after purchasing an additional 14,281 shares during the period. Caxton Associates LLP purchased a new stake in SoFi Technologies during the 1st quarter valued at $129,000. Empowered Funds LLC grew its holdings in SoFi Technologies by 5.2% in the 1st quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock worth $385,000 after acquiring an additional 1,631 shares during the last quarter. Franklin Resources Inc. increased its position in shares of SoFi Technologies by 23.2% in the second quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock valued at $251,000 after acquiring an additional 2,596 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of SoFi Technologies during the second quarter valued at about $4,633,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

SoFi Technologies Company Profile

(Get Free Report)

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.