On Friday, SoFi Technologies Inc (NASDAQ:SOFI) saw its stock price drop after an initial advance that followed the release of its strong fourth-quarter financial report. The company posted earnings per share of $0.13, slightly above analysts' consensus estimate of $0.12. Additionally, revenue increased substantially compared to the previous year, reaching $273.72 million more than the same quarter a year ago.
This performance initially propelled the stock higher; however, by later in the trading session, shares had retraced those gains. This decline appears to be the result of profit-taking, a common market response when stocks rally ahead of earnings announcements.
Looking forward, SoFi Technologies provided optimistic guidance for the full fiscal year 2026. The company anticipates expanding its total membership base by at least 30% year-over-year. Correspondingly, adjusted net revenue is forecasted to increase by approximately 30%, reaching an estimated $4.655 billion. Management projects adjusted EBITDA of about $1.6 billion, reflecting a margin near 34%. Furthermore, adjusted net income is expected to rise to roughly $825 million, representing an 18% margin. The company also anticipates adjusted earnings per share of around $0.60.
Regarding the first quarter of 2026, SoFi expects adjusted revenue of approximately $1.04 billion, adjusted EBITDA close to $300 million, adjusted net income near $160 million, and adjusted earnings per share of about $0.12.
Turning to analyst perspectives, price target estimates for SoFi have generally moved higher in recent weeks. Notably, Barclays maintained an Equal-Weight rating as of January 6 but raised its price target to $28 from $23. On the same day, Goldman Sachs retained a Neutral rating yet lowered its price target to $24 from $27. Earlier, Truist Securities upheld its Hold rating but adjusted its target price downward from $31 to $28. UBS, conversely, remained Neutral but substantially increased its price target from $20.50 to $27.50 at the end of October.
As of the latest trading session, SoFi shares declined 5.95% to $22.92 according to Benzinga Pro data. The volatility reflects active market dynamics, with traders responding swiftly to the company’s financial disclosures and growth outlook.
Market observers note that such swift movements are not uncommon in response to earnings surprises, as investors calibrate expectations and reassess valuations based on incoming data and future guidance.