SoFi ( (SOFI) ) has been popular among investors this week. Here is a recap of the key news on this stock.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
SoFi Technologies has endured a rough start to 2026, with the stock down about 30% year‑to‑date and a further dip after it was passed over for S&P 500 inclusion. Options activity has been heavy, skewed toward calls with elevated implied volatility, signaling traders are braced for sharp moves even as demand for downside protection rises.
The weak share price comes despite strong fundamentals: SoFi just delivered over $1 billion in quarterly revenue and GAAP profit of $0.13 per share, while adding around one million members. A marquee partnership with Mastercard will use the SoFiUSD stablecoin for 24/7 settlement on a public blockchain, pushing SoFi deeper into high‑margin B2B and cross‑border payments via its Galileo platform.
Macro headwinds, Fed rate‑cut delays, and memories of a $1.5 billion stock offering continue to weigh on sentiment, and bears worry about credit quality in SoFi’s personal‑loan book. Supporters counter that SoFi’s high‑FICO customer base and national bank charter provide resilience, arguing the market is unfairly treating it as a risky fintech instead of a hybrid bank‑tech platform.
On valuation, SoFi trades around 30x this year’s expected EPS of $0.60, but earnings are projected to grow more than 50% in FY26, with management targeting roughly 30% revenue growth and adjusted EBITDA margins in the mid‑30s. Some investors, backed by CEO Anthony Noto’s recent open‑market share purchases, say the selloff and multiple compression look overdone compared with the company’s growth trajectory.
Wall Street remains cautious, with a Hold consensus built on a mix of Buy, Hold, and Sell ratings, and at least one major broker still assigning an Underperform. Even so, the average analyst price target of about $25.96 suggests roughly 40–47% upside from current levels, leaving SoFi as a volatile but closely watched fintech name where execution on its stablecoin and digital‑payments strategy could drive the next leg for the stock.