New York time check: As of 4:15 a.m. ET on Saturday, December 27, 2025, U.S. stock markets are closed for the weekend.
SoFi Technologies, Inc. (NASDAQ: SOFI) is heading into the final stretch of the year with a rare mix of momentum and controversy: the company has been stacking up profitable quarters and expanding beyond lending into tech infrastructure and crypto rails—while also digesting a large, dilutive equity raise and a headline-grabbing stablecoin launch.
SOFI stock price now: where shares stand into the weekend
Because it’s Saturday, the latest available SOFI quote reflects the most recent trading activity from Friday’s session and any final extended-hours updates. SOFI was last quoted around $27.07, down about $0.43 (≈1.6%) versus the prior close, with an intraday range roughly $27.04–$27.53 on volume of about 24.7 million shares.
The timing matters: weekend headlines can’t be instantly “priced in.” If notable news breaks before Monday, it can show up as a gap move at the open, especially for a high-attention stock like SoFi.
The big story this month: SoFi launches a stablecoin—and Wall Street reacts
On December 18, 2025, SoFi announced SoFiUSD, described as a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. The company said SoFiUSD is reserved 1:1 by cash and positioned the token as infrastructure for banks, fintechs, and enterprise partners seeking near-instant, 24/7 settlement—with broader member availability expected later. [1]
CEO Anthony Noto framed the move as part of a longer arc: using SoFi’s bank charter and compliance framework to bring “bank-grade oversight” to on-chain money movement and settlement. [2]
Markets largely treated the announcement as a meaningful “SoFi is not just a lending app” signal. Barron’s reported the stock jumped on the stablecoin news as investors weighed SoFi’s expanding crypto ambitions. [3] Investors Business Daily similarly emphasized the stablecoin’s “fully reserved” positioning and the broader use-cases SoFi is pitching beyond consumer crypto trading. [4]
Why the stablecoin angle matters for SOFI investors
The bull case is pretty straightforward: stablecoins can become financial plumbing—settlement rails, treasury tools, remittances, and embedded payments—where the winners often capture scale-based economics. SoFi is arguing it can be a provider of that plumbing because it combines a regulated bank with a payments/tech platform (Galileo) and a consumer distribution engine.
The bear case is equally straightforward: stablecoins are a regulatory minefield, operationally complex, reputationally fragile, and extremely competitive (payments networks, fintech giants, and crypto-native firms all want the same turf).
The regulatory backdrop: GENIUS Act + banking regulators moving (slowly) but clearly
Stablecoin rules have also been evolving. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) was signed into law on July 18, 2025, creating a federal framework for “payment stablecoins.” [5]
But here’s the part investors sometimes miss: implementation is a process, not a switch flip. A recent Federal Register posting notes the GENIUS Act’s effective date mechanics (including a later effective date unless implementing regulations arrive sooner). [6] Meanwhile, the FDIC has been moving to set application procedures under the Act. [7]
Separately, the OCC has issued guidance/interpretations indicating national banks may engage in certain crypto-related activities (with appropriate risk management). [8]
Investor takeaway: SoFi’s crypto-and-stablecoin push is happening in a friendlier policy climate than a couple of years ago, but it’s still a highly scrutinized domain. Regulatory clarity can help valuation narratives—regulatory surprises can nuke them.
The other big December headline: SoFi’s $1.5 billion stock offering (dilution is real)
SoFi also took a more traditional (and shareholder-sensitive) step: raising equity capital.
On December 4, 2025, the company announced it priced an underwritten public offering of 54,545,454 shares at $27.50 per share, for gross proceeds of ~$1.5 billion (plus an underwriter option for additional shares). [9]
SoFi said it intends to use proceeds for general corporate purposes including enhancing capital position, improving capital management flexibility, and funding growth opportunities. [10]
The market’s immediate reaction was predictable: MarketWatch reported the stock dropped sharply on dilution concerns around the offering announcement and discounted pricing. [11]
Investor takeaway: This is the tug-of-war inside SOFI right now. Fresh capital can strengthen the balance sheet and expand strategic options—but the share count increase raises the bar for per-share metrics (EPS, book value per share, etc.) to keep improving.
Zooming out: SoFi’s fundamentals in 2025 (profitability + scale)
Behind the headlines, SoFi’s operating story has been about becoming a more diversified, profitable financial platform.
In its Q3 2025 results, SoFi reported:
- GAAP net revenue: about $961.6 million
- GAAP net income: about $139.4 million (diluted EPS $0.11)
- Adjusted EBITDA: about $276.9 million (margin ~29%)
- Eight consecutive quarters of GAAP profitability at that time [12]
The company also disclosed deposits continuing to scale, with total deposits of $32.9 billion at quarter-end (up $3.4 billion in the quarter), driven heavily by direct-deposit behavior. [13]
And it raised 2025 outlook metrics, including guidance around:
- Adjusted net revenue ~ $3.54B
- Adjusted EBITDA ~ $1.035B
- Adjusted net income ~ $455M
- Adjusted EPS ~ $0.37
- At least 3.5M new members expected in 2025 [14]
Mainstream coverage highlighted the “raise” as part of the stock’s credibility shift from speculative fintech to profitable digital bank narrative. [15]
Macro context: rate cuts, year-end positioning, and why fintechs care
SoFi is a financial company, so the macro environment—especially interest rates—still matters.
On December 10, 2025, the Federal Reserve cut the federal funds target range by 25 bps to 3.50%–3.75%, citing risks shifting toward employment and noting it would be data-dependent going forward. [16]
That rate shift lands differently for SoFi than it would for a pure software company:
- Lower rates can stimulate loan demand (refis, consumer borrowing, mortgages) and support risk assets broadly.
- But changing rates also influence net interest margin dynamics—how much a lender earns on assets versus what it pays on deposits/funding.
- For growth-oriented fintech stocks, rate-cut expectations often support valuation multiples.
Broader markets have been reflecting that tone: Reuters noted the S&P 500 hit a record intraday high in late December amid optimism around potential further easing in 2026. [17]
Analyst forecasts and price targets: a wide spread, with “Hold” vibes still lingering
SOFI is one of those stocks where analysts can agree on the business momentum while disagreeing violently on the valuation.
Recent examples in coverage include:
- A Finance Yahoo report noted Mizuho raising its target (with an Outperform rating) amid a shifting narrative around SoFi’s outlook. [18]
- TipRanks reported JPMorgan analyst Reginald Smith raising a target to $31 while reiterating a Hold rating in a 2026 fintech outlook framework. [19]
- MarketBeat has compiled multiple firm actions and also reports a broad range of targets. [20]
Consensus aggregators are also not uniform. For instance, MarketBeat lists an average target below the current price at the time of its snapshot—an example of how quickly sentiment and price can outrun consensus models. [21]
Investor takeaway: When a stock has already run hard (SOFI is widely reported as up strongly in 2025), price targets often lag reality—either because analysts are cautious, or because they’re waiting for future quarters to “prove” the higher valuation. [22]
Sentiment and positioning: short interest can amplify moves
SOFI has historically been a retail-heavy, narrative-driven stock, which makes positioning data worth watching.
Recent snapshots show:
- Short interest ~118.5M shares and short float ~9.6% (as of mid-December reporting on one tracker). [23]
- Borrow fee rates (for shorting) appearing relatively low in late December data on another tracker—suggesting shorting wasn’t “hard to find” at that moment, though this can change quickly. [24]
This doesn’t automatically mean a short squeeze is imminent (markets don’t owe anyone drama). But it does help explain why SoFi can move fast on catalysts like earnings, capital raises, and crypto announcements.
What to know before the next trading session (Monday, Dec. 29)
With the exchange closed now, the practical question is: what could matter before the bell Monday?
1) Watch for follow-through (or fade) after the stablecoin headline
The stablecoin launch is a “story stock” catalyst: it can create multi-day momentum if investors decide it meaningfully expands SoFi’s total addressable market, or it can fade if traders treat it as hype without near-term revenue. [25]
2) The equity offering may still be an overhang
Even if the capital raise strengthens SoFi’s flexibility, large offerings can cap near-term upside while the market digests new supply and recalibrates per-share math. [26]
3) The next major “hard catalyst” is earnings season
Multiple calendars estimate SoFi’s next earnings report (Q4 2025) around January 26, 2026 (timing unconfirmed on some listings). [27]
Going into that, investors tend to focus on:
- loan growth and credit performance,
- deposit growth and funding costs,
- fee-based revenue trajectory,
- profitability durability (is GAAP profitability steady, expanding, or noisy?).
4) Macro headlines can move SOFI even without company news
With the Fed having cut rates in December and markets debating the 2026 path, any major inflation/jobs surprise can swing rate expectations—and fintech valuations—quickly. [28]
Bottom line
As of this weekend in New York, SOFI is a stock caught between two powerful forces:
- Operating momentum (profitability streak, growing deposits, raised guidance, expanding product surface area), [29]
- and valuation/dilution skepticism (a $1.5B equity raise at a discount, plus the question of how quickly new crypto and stablecoin initiatives translate into durable revenue). [30]
For Monday’s open, the “next move” likely won’t hinge on one metric—it’ll hinge on whether investors treat SoFi’s crypto/stablecoin push as legitimate banking-era infrastructure (a potential multiple-expander) or as a distracting risk layer (a potential multiple-compressor).
References
1. investors.sofi.com, 2. investors.sofi.com, 3. www.barrons.com, 4. www.investors.com, 5. apnews.com, 6. www.federalregister.gov, 7. www.fdic.gov, 8. www.reuters.com, 9. investors.sofi.com, 10. investors.sofi.com, 11. www.marketwatch.com, 12. investors.sofi.com, 13. investors.sofi.com, 14. investors.sofi.com, 15. www.wsj.com, 16. www.federalreserve.gov, 17. www.reuters.com, 18. finance.yahoo.com, 19. www.tipranks.com, 20. www.marketbeat.com, 21. www.marketbeat.com, 22. www.marketwatch.com, 23. finviz.com, 24. fintel.io, 25. investors.sofi.com, 26. investors.sofi.com, 27. www.nasdaq.com, 28. www.federalreserve.gov, 29. investors.sofi.com, 30. investors.sofi.com
