NEW YORK, December 29, 2025, 03:30 ET — Market closed
- SoFi shares last closed down 1.6% at $27.07 ahead of the final trading days of the year.
- Needham said SoFi’s recent equity raise was “opportunistic,” while JPMorgan kept a Hold rating and lifted its target to $31. TipRanks
- Investors are watching Monday U.S. housing data and regional factory readings, plus Fed minutes on Tuesday, for rate signals that can move lenders.
SoFi Technologies (SOFI.O) shares last closed down 1.6% at $27.07 on Friday, as the fintech heads into the final week of the year with its stock hovering near the price of a recent share sale.
The stock’s positioning matters now because SoFi is still digesting a $1.5 billion equity offering that added new shares to the market — a dilution risk, since issuing stock can reduce existing shareholders’ stake if profits don’t rise fast enough.
Wall Street is split on whether the capital raise gives SoFi more room to grow or simply highlights how expensive the stock looks after a sharp run this year, according to recent analyst commentary.
Needham analyst Kyle Peterson reiterated a buy rating and a $36 price target, saying, “We view the raise as opportunistic.” TipRanks
Peterson said the added cash could give SoFi flexibility for faster growth or acquisitions, and flagged lower deposit costs as a near-term tailwind for the company’s profitability. (Deposit costs are what banks pay customers for deposits, a key input to lending margins.)
JPMorgan analyst Reginald Smith raised his price target to $31 from $28 while reaffirming a hold rating in a 2026 outlook note, TipRanks reported.
SoFi disclosed in a regulatory filing that it agreed to sell 54,545,454 shares at $27.50 per share in the offering, with Goldman Sachs, BofA Securities, Citigroup, Deutsche Bank Securities and Mizuho among the underwriters.
SoFi said earlier this month it launched SoFiUSD, a U.S. dollar stablecoin — a type of crypto token designed to hold a steady value — issued by SoFi Bank as it pushes deeper into digital-asset infrastructure.
Rate expectations remain a swing factor for digital lenders and banks because funding costs and loan demand tend to move with interest rates and the economy.
On Friday, SoFi traded between $27.03 and $27.55 and remains about 17% below its 52-week high of $32.73, according to market data.
The next major company catalyst is quarterly results. Nasdaq and Yahoo Finance show an estimated earnings date of Jan. 26, 2026, though the company has not confirmed a date.
Before the next session, traders will also key off U.S. data that can shift bond yields and bank stocks, including pending home sales at 10:00 a.m. ET and the Dallas Fed manufacturing survey at 10:30 a.m. ET.
Minutes from the Federal Reserve’s December meeting are due Tuesday, after the central bank cut rates by a quarter point at that gathering, Barron’s reported — a backdrop analysts say can influence net interest margin, or the spread between what lenders earn on loans and pay on deposits.
With markets closing for New Year’s Day later this week, investors will be watching whether SoFi can hold above its recent lows near $27 and whether year-end positioning amplifies moves in rate-sensitive financial stocks.
