SoFi Technologies Inc. ($SOFI) Stock Forecast: Up 5.5% Today

What is SoFi Technologies Inc.?

SoFi Technologies, Inc. (SOFI) is a fintech company that offers a range of financial products and services, including personal loans, student loan refinancing, and investing options. The company has been in the spotlight recently due to allegations of improper accounting practices and a decline in its stock price.

Why is SoFi Technologies Inc. going up?

SOFI stock is up 5.5% on Mar 31, 2026 17:41

• SOFI stock showed a strong bullish movement today despite facing scrutiny from short-seller Muddy Waters Research and concerns about its accounting practices.
• The stock's upward momentum could be linked to CEO Anthony Noto's purchase of shares and Mizuho's reiteration of an "Outperform" rating, countering negative sentiment.
• The possibility of E*Trade leading SpaceX's IPO for retail investors might have also had a positive impact on SOFI's stock, signaling continued interest in the fintech and investment sectors.
• Despite encountering obstacles and a reevaluation of stock metrics, SOFI's bullish performance today suggests that investors remain optimistic about the company's long-term potential and growth outlook.

SOFI Price Chart

SOFI Technical Analysis

SOFI News

SoFi Stock Eyes Worst Quarter In 4 Years: Muddy Waters Returns With Fresh JPMorgan Deal Warning, Warns Of $1B EBITDA Risk

Shares of SoFi Technologies, Inc. are poised for their worst quarter in four years as Muddy Waters Research continues to scrutinize a $312 million JPMorgan deal, alleging it may have been incorrectly booked as a sale instead of a borrowing. Muddy Waters warns this accounting treatment could lead to a $1 billion EBITDA restatement and weaker capital ratios. SoFi has rejected the allegations, maintaining compliance with U.S. GAAP and SEC standards, while Mizuho reaffirmed an 'Outperform' rating.

https://stocktwits.com/news-articles/markets/equity/sofi-stock-worst-quarter-muddy-waters-jpmorgan-warning-1b-ebitda-risk/cZEPV9IRINx

Can SoFi Stock Reach $100 by 2030?

SoFi Technologies (NASDAQ: SOFI) stock is down 35% year to date in 2026, despite recording strong performance with its cross-selling strategy and rapid user growth. The Motley Fool article questions whether SoFi can reach $100 by 2030, noting that while the company has strong long-term prospects and an excellent growth trajectory, achieving such a gain (490%) in four years seems unlikely. The author believes SoFi will eventually reach $100, but not by 2030.

https://www.theglobeandmail.com/investing/markets/stocks/NVDA/pressreleases/1054816/can-sofi-stock-reach-100-by-2030/

Famous short seller targets crypto-friendly bank in new report

Short-seller Muddy Waters Research has targeted SoFi Technologies, a crypto-friendly online bank, with a new report alleging improper accounting practices, unrecorded debt, and inflated EBITDA. SoFi denies these claims, calling the report inaccurate, while CEO Anthony Noto purchased shares to show confidence. An analyst from Mizuho, however, defended SoFi, maintaining an "Outperform" rating despite a recent decline in the company's stock price since the report's release.

https://www.thestreet.com/crypto/markets/famous-short-seller-targets-crypto-friendly-bank-in-new-report

E*Trade in talks to lead SpaceX IPO for retail, report says

E*Trade, a unit of Morgan Stanley, is reportedly in discussions with SpaceX to manage the sale of IPO shares to retail investors, potentially sidelining Robinhood and SoFi. SpaceX is considering offering up to 30% of its initial public offering to small investors. The company is expected to confidentially file for an IPO as early as this month, with a potential valuation of up to US$75 billion.

https://financialpost.com/technology/etrade-spacex-ipo-retail

SoFi Technologies, Inc. Experiences Revision in Its Stock Evaluation Amid Market Dynamics

SoFi Technologies, Inc. has seen a revision in its stock evaluation, with a P/E ratio of 47, significantly higher than its competitors. While the company boasts a strong one-year return of 24.84%, outperforming the S&P 500, it faces challenges with a year-to-date decline of -41.83%. Key financial metrics include an EV to EBITDA of 18.87 and a ROCE of 13.12%.

https://www.marketsmojo.com/news/stocks-in-action/sofi-technologies-valuation-grade-changes-from-expensive-to-very-expensive-amid-stock-fluctuations-3926178

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SoFi Technologies Inc. Price History

25.01.2026 - SOFI Stock was up 5.0%

• Despite recent insider selling and concerns about overvaluation, SoFi stock saw significant upward movement today.
• Positive remarks from an industry expert and optimistic earnings growth projections likely boosted investor confidence and buying activity.
• The acquisition of Wyndham Capital Mortgage is viewed as a strategic move to enhance SoFi's mortgage unit, sparking optimism among investors regarding the company's future prospects.
• An announcement about a proposed offering of convertible senior notes due 2029 caused a slight stock price drop initially, but the overall positive sentiment around SoFi's growth potential and strategic acquisitions overshadowed this.

19.02.2026 - SOFI Stock was down 5.6%

• Liontrust Investment Partners LLP acquiring a new stake in SOFI initially boosted investor confidence, while the subsequent significant reduction in holdings by Caitong International Asset Management Co. Ltd raised concerns among investors.
• A clash with a short-selling firm and the rejection of their report by SOFI generated uncertainty and negative sentiment, resulting in a bearish market movement.
• CEO Anthony Noto's insider buying and the vesting of restricted shares provided some support, but the bearish movement of SOFI's stock seems to more reflect the negative news and conflicting reports affecting market sentiment.

31.02.2026 - SOFI Stock was up 5.5%

• SOFI stock showed a strong bullish movement today despite facing scrutiny from short-seller Muddy Waters Research and concerns about its accounting practices.
• The stock's upward momentum could be linked to CEO Anthony Noto's purchase of shares and Mizuho's reiteration of an "Outperform" rating, countering negative sentiment.
• The possibility of E*Trade leading SpaceX's IPO for retail investors might have also had a positive impact on SOFI's stock, signaling continued interest in the fintech and investment sectors.
• Despite encountering obstacles and a reevaluation of stock metrics, SOFI's bullish performance today suggests that investors remain optimistic about the company's long-term potential and growth outlook.

23.01.2026 - SOFI Stock was down 5.3%

• SOFI's stock saw a decline of 7.23%.
• The announcement of a proposed offering of $750 million in convertible senior notes due 2029 may have contributed to the stock price drop as investors may be concerned about dilution and the company's capital structure.
• Despite the recent acquisition of Wyndham Capital Mortgage and positive analyst outlooks, the market reaction to the convertible notes offering overshadowed the potential benefits of the acquisition.
• The launch of wire transfer features by Galileo Financial Technologies could have influenced SOFI's stock price, underscoring the competitiveness in the fintech sector and the necessity for companies like SOFI to maintain innovation to stay competitive.

27.02.2026 - SOFI Stock was down 5.6%

• The bearish movement in SOFI stock today can be attributed to concerns raised about the company's financial practices and transparency.
• Despite agreements totaling over $3.6 billion to expand its Loan Platform Business, investor confidence was shaken by recent scrutiny.
• Allegations of a data breach and sector volatility may have contributed to negative sentiment around SOFI stock.
• While restoring investor trust poses a challenge, the company's strategic initiatives and product innovation could drive future growth and stock value recovery.

11.01.2026 - SOFI Stock was down 5.9%

• An acquisition of a significant number of shares by Allianz Asset Management GmbH could indicate confidence in SoFi's long-term prospects, while the selling of shares by director Steven J. Freiberg might have raised concerns among investors.
• Mixed analyst actions, including upgrades and price target adjustments, reflect the uncertainty surrounding SoFi's valuation and future performance.
• Despite SoFi's strong Q4 earnings, the State of Michigan Retirement System selling a large portion of its stake implies that some institutional investors may be taking profits or reevaluating their positions.
• Price target cuts following the earnings report could have contributed to the bearish movement, as investors may have reacted negatively to any perceived weaknesses in SoFi's financial results.

17.02.2026 - SOFI Stock was down 5.2%

• Despite positive earnings and revenue results for the latest quarter, SoFi Technologies saw a bearish movement today.
• The decrease in stake by Aquatic Capital Management LLC and Brevan Howard Capital Management LP could have influenced the stock's downward trend.
• The varying analyst ratings and insider trading activities indicate uncertainty and cautiousness among investors, resulting in the bearish market movement.
• Profit-taking by certain institutional investors, in conjunction with general market sentiment, may have contributed to the sell-off despite the strong financial performance of the company.

12.01.2026 - SOFI Stock was down 5.7%

• Despite surpassing Q4 earnings and revenue estimates and providing robust guidance for 2026, concerns about insider selling and adjustments to price targets have impacted SOFI's stock price.
• Notable insider sales, particularly by company directors, may have influenced the bearish movement, potentially indicating doubts about the company's future.
• Analysts' consensus rating of "Hold" and an average price target of $26.21 reflect a cautious outlook on SOFI, with some analysts adjusting their positions due to uncertainties surrounding the fintech sector's valuation.
• SOFI's underperformance compared to the broader market this year, despite potential upsides as suggested by some analysts, indicates that investors are monitoring the company's developments and growth prospects closely before adopting a more optimistic stance.

04.02.2026 - SOFI Stock was up 5.0%

• The positive movement in SOFI's stock today is linked to the collaboration with Mastercard to facilitate settlement of its SoFi-USD stablecoin across Mastercard's network, expanding the utility of SoFi's stablecoin.
• CEO Anthony Noto's purchase of $1 million worth of SOFI shares has also bolstered investor confidence, with insider buying signaling optimism about the company's future.
• Despite recent analyst concerns about profitability and liquidity, strategic moves like the Mastercard partnership and insider buying have instilled faith in SoFi, driving the stock price upward.
• Today's bullish trend in SoFi reflects a series of positive internal developments, such as strategic partnerships and insider buying, outweighing short-term concerns reiterated by analysts about market dynamics and competition.

27.01.2026 - SOFI Stock was down 8.2%

• Strong Q4 results were announced by SoFi Technologies, surpassing $1 billion in quarterly revenue and earning analyst upgrades. However, concerns arose among investors due to insider selling by Kelli Keough, leading to a bearish trend in the stock despite the positive developments.
• Initially, investor confidence in SOFI stock was boosted by Jim Cramer's recommendation based on growth projections and the federal bank charter. Yet, the recent decline in the stock price may be linked to broader market conditions or profit-taking activities by investors.
• SoFi's acquisition of Wyndham Capital Mortgage is seen as a strategic move to enhance mortgage services and overall financial performance. Analysts view this acquisition positively, though the anticipated benefits may take time to materialize, potentially affecting the stock price in the near term.
• New options with various strike prices for SOFI stock have created opportunities for investors to leverage stock movement. However, the prevailing bearish sentiment in the market could be prompting investors to be cautious with these options, contributing to the downward pressure on the stock price.

26.02.2026 - SOFI Stock was down 5.1%

• The bearish movement in SOFI's stock price today can be attributed to the class action lawsuit alleging a data breach that exposed sensitive customer information. This negative news likely raised concerns among investors about the company's data security measures and potential legal implications.
• Despite an earnings beat and positive 2026 guidance, SOFI's stock faced volatility from a Muddy Waters short report and broader weakness in the fintech sector. This combination of factors may have contributed to the downward pressure on the stock price.
• Mizuho's defense of SOFI and reaffirmation of an 'Outperform' rating, along with a $38 price target, was not enough to offset the negative sentiment surrounding the data breach allegations and short-seller clash. The stock's decline indicates that investors are still cautious about the company's near-term outlook.
• The addition of SOFI to the FTSE All-World Index, CEO Anthony Noto's insider buying, and the company's efforts to address short-seller allegations highlight the mixed signals surrounding SOFI's investment case. Investors are advised to closely monitor developments and conduct thorough research to assess the company's financial health and growth prospects amidst the ongoing challenges.

02.02.2026 - SOFI Stock was up 5.1%

• Despite recent obstacles and lowered price targets by analysts, SoFi stock demonstrated a bullish trend.
• Institutional investments from companies like Sumitomo Life Insurance Co. and positive guidance for FY2026 from SoFi could have influenced this positive market trend.
• Even though the company faces challenges regarding profitability and liquidity, its strong revenue growth and potential opportunities with the Solana network could have bolstered investor confidence.
• Noteworthy trading volume and insider selling may have led to short-term market fluctuations, yet long-term investors seemed undeterred, capitalizing on strategic entry points.