Earnings Beat, Guidance Causes Volatility
Following a solid performance reported in late January, the stock saw a pullback on Tuesday. The fintech company announced fourth-quarter earnings of 13 cents per share, surpassing Wall Street’s expectation of 12 cents. Revenue also increased by about $274 million compared to the previous year.
Management paired this achievement with an ambitious outlook for 2026, forecasting around 30% growth in adjusted net revenue, a 34% adjusted EBITDA margin, and adjusted earnings per share projected at about 60 cents.
This promising guidance led to an initial surge in the stock price, but some investors began taking profits, resulting in a recovery of some of the gains made after the earnings announcement.
Analysts Still See Room for Upside in SoFi Stock
Meanwhile, Citizens Financial Group earned an Outperform rating with a target set at $30. This was attributed to a stunning 35% growth in membership year-over-year, nine straight quarters of GAAP profitability, and over $3 billion raised in additional capital.
Why Robinhood Profits Matter for SoFi Stocks
Strong performance metrics from Robinhood—like customer growth and trading activity—could bolster positive sentiment towards SoFi’s investments and banking operations. Conversely, any disappointing figures might dampen overall sentiment across the fintech sector, regardless of SoFi’s own developments.
Mixed SoFi Technical Images
From a technical standpoint, SoFi is currently trading 12.4% below its 20-day simple moving average (SMA) and about 21.8% under its 100-day SMA, suggesting a challenging short-term perspective.
On a brighter note, the stock has risen 40.69% over the last year, and it’s closer to its 52-week high than its low, potentially attracting long-term investors.
The relative strength index (RSI) indicates neutral momentum at 34.93, while the MACD is below the signal line, hinting at bearish pressure on the stock.
This combination portrays a mixed momentum scenario as the stock navigates various resistance levels.
- key resistance: $22.50
- major support: $20.00
SoFi Shares Edge on Tuesday Afternoon
SOFI price action: As of Tuesday’s publication, SoFi Technologies’ stock was down 0.89%, trading at $21.17, according to Benzinga Pro data.
