New York, Jan 9, 2026, 19:24 EST — After-hours
- SoFi shares closed down about 1.1% at $27.40 on Friday
- A recent stock sale added supply after underwriters took extra shares, a filing showed
- Next catalyst is the company’s Jan. 30 quarterly report and conference call
SoFi Technologies, Inc. shares closed down 1.1% at $27.40 on Friday and were last hovering near that level in late trading, after a week of choppy moves that left the stock out of step with the broader market’s record run. (StockAnalysis)
The selling pressure has tracked a stock offering that increased the share count at a time when sentiment had been leaning heavily on growth. In an 8-K filing, the company said it sold 57,754,660 shares at $27.50 each after the banks running the deal exercised a 30-day option — often called a “greenshoe” — to buy additional stock. (SEC)
SoFi is due to report fourth-quarter and full-year 2025 results on Friday, Jan. 30, releasing the figures around 7 a.m. ET and hosting a conference call at 8 a.m., the company said. The numbers and the outlook are now the next make-or-break read for investors trying to decide whether the recent capital raise buys runway or just adds drag. (SoFi)
The backdrop turned supportive on Friday for most of Wall Street. The S&P 500 and Nasdaq closed at record highs after a mixed U.S. jobs report, and Treasury yields were mixed as traders debated how soon the Federal Reserve might cut rates again. (AP News)
Peers did not help much. Upstart Holdings fell 2.9% and LendingClub slid 3.3% on the day, while Robinhood Markets was little changed.
SoFi runs a consumer-facing digital bank and lending business and also sells financial technology to other firms through its Galileo platform, putting its results at the intersection of credit, funding costs and transaction activity. (Reuters)
But there is a clean downside case. If investors decide the recent sale signals more capital needs ahead, the stock can stay pinned even if operating results hold up, and a softer economy can show up fast in credit performance. Moves in rates matter too, because they can squeeze net interest margin — the spread between what a lender earns on loans and pays for funding.
What comes next is straightforward: the market will trade headlines until SoFi’s Jan. 30 report, when investors get fresh guidance and a chance to press management on capital plans and growth assumptions. (Nasdaq)
