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SoFi Completes Major Stock Offering with Goldman Sachs

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SoFi Completes Major Stock Offering with Goldman Sachs

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An announcement from SoFi ( (SOFI) ) is now available.

On July 29, 2025, SoFi Technologies, Inc. entered into an underwriting agreement with Goldman Sachs, Citigroup, and Mizuho Securities for the issuance and sale of 82,733,817 shares of common stock at $20.85 per share. The offering was completed on July 31, 2025, and the company plans to use the proceeds for general corporate purposes, including working capital and other business opportunities.

The most recent analyst rating on (SOFI) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on SoFi stock, see the SOFI Stock Forecast page.

Spark’s Take on SOFI Stock

According to Spark, TipRanks’ AI Analyst, SOFI is a Neutral.

SoFi Technologies demonstrates strong financial and operational growth, with significant improvements in revenue and profitability. However, high valuation and cash flow challenges present risks. Technical indicators suggest bullish momentum, but potential overbought conditions warrant caution.

To see Spark’s full report on SOFI stock, click here.

More about SoFi

SoFi Technologies, Inc. operates in the financial technology industry, providing a range of financial services and products including loans, banking, and investment solutions. The company focuses on leveraging technology to offer innovative financial solutions to its customers.

Average Trading Volume: 70,132,349

Technical Sentiment Signal: Buy

Current Market Cap: $24.76B

For detailed information about SOFI stock, go to TipRanks’ Stock Analysis page.

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