New York, Jan 10, 2026, 19:31 EST — Market closed
- SoFi shares dropped 1.1% Friday, closing the week roughly 6% lower.
- A recent SEC filing revealed the retiring general counsel will take on a paid adviser role
- Next up: U.S. CPI data due next week and SoFi’s earnings report on Jan. 30
Shares of SoFi Technologies Inc dipped 1.1% on Friday, ending the day at $27.40 after a volatile start to the year. The stock exchanged around 43.8 million shares, matching its typical daily volume. (Investing)
The dip late in the week is significant as investors brace for a packed lineup of events that could shake up rate-sensitive lenders. U.S. inflation figures are due next week, with SoFi set to release earnings on Jan. 30. Together, these could sharply influence forecasts for borrowing costs and loan demand.
SoFi is still working through capital and leadership issues following recent disclosures. A new 8-K filed Friday revealed that Stephen Simcock, who stepped down as general counsel at the end of 2025, will stay on as an adviser until Dec. 31, 2026. He’ll receive $83,333.33 per month plus company-covered COBRA health subsidies. (Cloudfront)
Earlier this month, a separate SEC filing revealed underwriters exercised a 30-day “overallotment” option — a typical provision allowing banks to purchase additional shares — linked to SoFi’s earlier stock offering. The company confirmed it wrapped up the issuance and sale of those option shares on Jan. 5, pushing the total shares sold in the offering to 57,754,660. (SEC)
Broader markets offered little support on Friday. The S&P 500 climbed 0.6% to reach a record high, and the Nasdaq added 0.8%. This came after a mixed U.S. jobs report revealed slower hiring but a marginally better unemployment rate. (AP News)
The calendar tightens from here. Chris Williamson, chief business economist at S&P Global Market Intelligence, said investors will focus on the December consumer price index next week for “more insights into the inflation trajectory.” He noted a U.S. rate cut isn’t “widely expected until June.” The preview also highlighted upcoming data on U.S. producer prices and retail sales later in the week. (S&P Global)
For SoFi, the environment hits home in simple terms: loan yields, funding costs, and credit quality usually track the rate outlook. When inflation cools, fintech lenders often see valuations improve; a strong inflation number can quickly push them down instead.
Investors will be watching closely for SoFi’s take on capital following the extra share issuance—specifically how it impacts growth investments versus maintaining balance-sheet buffers. The company has aggressively expanded beyond lending into deposits, investing, and fee-based products, aiming to stabilize earnings when lending margins tighten.
Risks are evident. Should inflation spike unexpectedly, yields could rise, putting strain on growth-focused financial stocks. Meanwhile, tighter credit conditions might lead to higher charge-offs and provisioning down the line — a delayed effect that could catch the market off guard.
SoFi is set to report its fourth-quarter and full-year 2025 earnings on Friday, Jan. 30. The company announced it will release results around 7 a.m. ET, followed by a conference call at 8 a.m. ET. (SoFi Investors)
