SoFi Technologies, Inc.

NASDAQ Global Select
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Slightly Bullish +15

SoFi Technologies, Inc. $SOFI Shares Bought by Hsbc Holdings PLC

📈 Hsbc Holdings PLC raised its stake in SoFi by 14.8% in Q4, adding 53,941 shares to a total holding of 419,105 shares valued at $10.99 million.

📉 Citigroup lowered its price target from $37.00 to $30.00 while maintaining a 'Buy' rating on SoFi stock.

📉 TD Cowen reduced its price target to $18.00 and downgraded the rating to 'Hold'.

📉 Keefe, Bruyette & Woods cut their target price to $17.00 with an 'Underperform' rating.

📈 SoFi beat Q1 earnings estimates with $0.12 EPS on revenue of $1.09 billion, a 42.6% year-over-year increase.

🎯 The company set FY 2026 guidance for EPS between $0.59 and $0.60, matching analyst consensus.

💰 SoFi has a market cap of $22.19 billion with a debt-to-equity ratio of 0.17.

📉 CTO Jeremy Rishel sold 102,123 shares worth $1.82 million to cover tax withholding obligations.

📉 EVP Kelli Keough sold 10,954 shares worth $190,052 under a pre-arranged trading plan.

📊 The stock currently trades at a P/E ratio of 39.32 with a consensus price target of $22.56.

Bullish Signals
  • SoFi beat quarterly earnings estimates with $0.12 EPS compared to the consensus of $0.12.
  • Revenue grew significantly by 42.6% year-over-year to reach $1.09 billion in the quarter.
  • Hsbc Holdings PLC increased its investment stake by 14.8% during the fourth quarter.
  • The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.17.
  • Citigroup continues to rate the stock as 'Buy' despite lowering its price target.
Risk Factors
  • TD Cowen lowered its price target from $24.00 to $18.00 and assigned a 'Hold' rating.
  • Keefe, Bruyette & Woods cut their price target to $17.00 and issued an 'Underperform' rating.
  • Weiss Ratings downgraded the stock from 'hold (c)' to 'hold (c-)' in May.
  • Goldman Sachs reaffirmed a 'Neutral' rating with a price objective of $17.00.
  • Significant insider selling occurred recently, with CTO Jeremy Rishel offloading over 102,000 shares.
Full Analysis
Hsbc Holdings PLC increased its stake in SoFi Technologies by 14.8% during the fourth quarter, purchasing an additional 53,941 shares to hold a total of 419,105 shares valued at approximately $10.99 million. Several other institutional investors also adjusted their positions, including Valley Wealth Managers Inc., Blue Trust Inc., Vermillion Wealth Management Inc., Central Pacific Bank Trust Division, and Reflection Asset Management, all acquiring new stakes or increasing holdings in the fourth quarter. Analyst sentiment remains mixed with a consensus 'Hold' rating and a price target of $22.56. While Citigroup maintains a 'Buy' rating despite lowering its target to $30.00, other firms like TD Cowen, Keefe Bruyette & Woods, and Goldman Sachs have issued lower price targets ranging from $17.00 to $18.00 with ratings of 'Hold' or 'Underperform'. Weiss Ratings recently downgraded the stock to a 'hold (c-)' rating. SoFi reported quarterly earnings on April 29th, beating analyst estimates with $0.12 EPS and revenue of $1.09 billion, which was up 42.6% year-over-year. The company has set full-year 2026 guidance for EPS between $0.59 and $0.60, aligning closely with analyst expectations. Recent insider activity includes significant sales by CTO Jeremy Rishel and EVP Kelli Keough to cover tax obligations under pre-arranged trading plans. Financial metrics show SoFi has a market capitalization of $22.19 billion, a P/E ratio of 39.32, and a debt-to-equity ratio of 0.17. The stock is currently trading near its 50-day moving average of $16.99 but remains below its 200-day average of $20.10, with a 52-week range between $14.92 and $32.73.