SoFi Technologies (SOFI) to Release Quarterly Earnings on Wednesday

SoFi Technologies (NASDAQ:SOFIGet Free Report) is projected to issue its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $1.0506 billion for the quarter. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 8:00 AM ET.

SoFi Technologies (NASDAQ:SOFIGet Free Report) last released its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The business’s revenue was up 39.6% on a year-over-year basis. On average, analysts expect SoFi Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SoFi Technologies Stock Performance

SOFI opened at $18.83 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. The company’s fifty day moving average price is $17.85 and its two-hundred day moving average price is $23.80. SoFi Technologies has a 1-year low of $10.81 and a 1-year high of $32.73. The company has a market cap of $24.01 billion, a price-to-earnings ratio of 49.55 and a beta of 2.24.

Analysts Set New Price Targets

SOFI has been the topic of several research reports. Bank of America initiated coverage on shares of SoFi Technologies in a report on Tuesday, January 6th. They set an “underperform” rating and a $20.50 price objective on the stock. JPMorgan Chase & Co. upgraded shares of SoFi Technologies from a “neutral” rating to an “overweight” rating and set a $31.00 price objective on the stock in a report on Tuesday, February 3rd. Needham & Company LLC lowered their price objective on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Citizens Jmp upgraded shares of SoFi Technologies from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research note on Monday, February 9th. Finally, The Goldman Sachs Group reduced their target price on shares of SoFi Technologies from $25.00 to $20.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Seven investment 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 MarketBeat, SoFi Technologies currently has an average rating of “Hold” and an average price target of $24.85.

Read Our Latest Stock Report on SOFI

Insider Transactions at SoFi Technologies

In related news, EVP Kelli Keough sold 9,742 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $16.94, for a total transaction of $165,029.48. Following the completion of the transaction, the executive vice president owned 343,026 shares in the company, valued at approximately $5,810,860.44. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven J. Freiberg sold 94,225 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $20.31, for a total transaction of $1,913,709.75. Following the transaction, the director owned 588,849 shares of the company’s stock, valued at approximately $11,959,523.19. The trade was a 13.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have purchased 38,900 shares of company stock worth $705,398 and have sold 208,680 shares worth $3,917,934. 2.60% of the stock is owned by insiders.

Hedge Funds Weigh In On SoFi Technologies

Several institutional investors have recently added to or reduced their stakes in SOFI. Brighton Jones LLC grew its position in 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 buying an additional 14,281 shares during the period. Caxton Associates LLP bought a new position in SoFi Technologies during the first quarter valued at about $129,000. Empowered Funds LLC grew its position in SoFi Technologies by 5.2% during the first quarter. Empowered Funds LLC now owns 33,126 shares of the company’s stock valued at $385,000 after buying an additional 1,631 shares during the period. Franklin Resources Inc. grew its position in SoFi Technologies by 23.2% during the second quarter. Franklin Resources Inc. now owns 13,796 shares of the company’s stock valued at $251,000 after buying an additional 2,596 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in SoFi Technologies during the second quarter valued at about $4,633,000. Institutional investors own 38.43% of the company’s stock.

About SoFi Technologies

(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.

Recommended Stories

Earnings History for SoFi Technologies (NASDAQ:SOFI)

Receive News & Ratings for SoFi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoFi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.