SoFi Technologies (NASDAQ:SOFI) Updates FY 2026 Earnings Guidance

SoFi Technologies (NASDAQ:SOFI) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.600-0.600 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

SOFI has been the topic of several research reports. Barclays lowered their price target on shares of SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Morgan Stanley set a $16.00 target price on shares of SoFi Technologies in a report on Thursday, April 30th. Citigroup dropped their target price on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Wells Fargo & Company cut their price target on SoFi Technologies from $18.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday. Finally, The Goldman Sachs Group lifted their price target on SoFi Technologies from $17.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $22.72.

SoFi Technologies Price Performance

Shares of SOFI traded up $0.94 during mid-day trading on Thursday, reaching $16.18. 50,193,621 shares of the stock traded hands, compared to its average volume of 70,509,797. SoFi Technologies has a 1 year low of $14.88 and a 1 year high of $32.73. The firm has a fifty day moving average price of $17.26 and a 200 day moving average price of $18.52. 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 company has a market cap of $20.76 billion, a price-to-earnings ratio of 36.73 and a beta of 2.14.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.11 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The company’s revenue was up 42.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.08 EPS. SoFi Technologies has set its FY 2026 guidance at 0.600-0.600 EPS. As a group, equities research analysts predict that SoFi Technologies will post 0.59 earnings per share for the current year.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, CTO Jeremy Rishel sold 102,123 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total value of $1,815,746.94. Following the completion of the transaction, the chief technology officer owned 895,089 shares of the company’s stock, valued at $15,914,682.42. The trade was a 10.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 purchased 15,545 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $16.00 per share, for a total transaction of $248,720.00. Following the acquisition, the chief executive officer directly owned 11,946,619 shares in the company, valued at approximately $191,145,904. The trade was a 0.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 135,256 shares of company stock valued at $2,370,822 over the last three months. 2.50% of the stock is owned by corporate insiders.

SoFi Technologies News Roundup

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

• Positive Sentiment: Strong Q2 results and higher revenue outlook support the shares. SoFi reported adjusted earnings of $0.12 per share versus the $0.11 consensus, while revenue rose 42.5% year over year to $1.21 billion, exceeding the $1.11 billion estimate. Record loan originations of $14.8 billion and membership growth of 35% to 15.8 million highlight continued demand. The company raised its 2026 revenue guidance to $4.8 billion-$4.9 billion, above the roughly $4.7 billion analyst consensus. SoFi lifts 2026 revenue forecast
• Positive Sentiment: Product expansion and cross-selling improve the long-term growth case. Management highlighted record member and product additions, with existing customers generating 51% of new products. SoFi is also investing in AI for customer service and productivity, potentially increasing engagement across its financial ecosystem. SOFI Q2 earnings call highlights
• Neutral Sentiment: Options activity indicates elevated speculative interest. Investors purchased about 439,067 SOFI call options, approximately 14% above typical volume. This may reflect bullish dip-buying, but it also signals heightened short-term volatility rather than a change in fundamentals. Investors purchase high volume of SoFi call options
• Negative Sentiment: Wells Fargo lowered its price target. The firm cut its target from $18 to $17 and maintained an Equal Weight rating, suggesting limited upside from recent levels and reinforcing valuation concerns. Wells Fargo analyst action
• Negative Sentiment: Investors remain concerned about profitability and execution. Despite the earnings beat, SoFi’s unchanged 2026 EPS guidance and continued investment in growth have raised questions about future margins. Uncertainty over U.S. interest rates and credit performance adds further pressure. A pre-arranged sale of 10,954 shares by EVP Kelli Keough is a minor additional overhang. SoFi insider selling

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Compound Planning Inc. grew its stake in shares of SoFi Technologies by 3.5% during the fourth quarter. Compound Planning Inc. now owns 32,480 shares of the company’s stock valued at $850,000 after buying an additional 1,092 shares during the last quarter. Claris Financial LLC purchased a new stake in SoFi Technologies during the 4th quarter valued at about $215,000. Corient Private Wealth LLC boosted its holdings in SoFi Technologies by 376.3% during the 4th quarter. Corient Private Wealth LLC now owns 694,118 shares of the company’s stock valued at $18,172,000 after acquiring an additional 548,384 shares during the period. Strive Financial Group LLC bought a new position in SoFi Technologies during the 4th quarter worth approximately $231,000. Finally, Vident Advisory LLC grew its position in SoFi Technologies by 37.1% during the 4th quarter. Vident Advisory LLC now owns 30,972 shares of the company’s stock worth $811,000 after acquiring an additional 8,378 shares during the last quarter. 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.