New York, January 30, 2026, 15:15 (EST) — Regular session
Shares of SoFi Technologies dropped roughly 8% to $22.48 by Friday afternoon, after fluctuating between $26.33 and $22.48. Investors digested the fintech lender’s latest quarterly report alongside updated 2026 projections.
This shift is significant since investors see SoFi as a litmus test: rapid growth, primarily unsecured loans, and an expansion into wider financial services. Every quarter essentially serves as a vote on whether the company can continue scaling without credit costs or funding issues taking over.
SoFi reported a jump in fourth-quarter profit, driven by robust loan demand and a surge in its fee-based businesses. Financial services revenue soared 78% to $456.7 million for the quarter ending Dec. 31, while total loan originations hit a record $10.5 billion. CEO Anthony Noto highlighted the political landscape, noting that Donald Trump’s proposed 10% cap on credit-card interest rates could shrink credit-card lending, creating “a massive gap” that personal loans might fill. (Reuters)
San Francisco-based Sofi added 1 million members in the quarter, pushing its total membership to 13.7 million. The company also sold 1.6 million new products, marking a 37% increase year-over-year. Personal loans dominated originations at $7.5 billion, with student loans at $1.9 billion and home loans at $1.1 billion. Fee-based revenue reached $443 million. (MarketWatch)
SoFi projects adjusted net revenue around $4.655 billion and adjusted EBITDA near $1.6 billion for 2026. (Adjusted EBITDA excludes certain items the company says obscure core trends.) It also expects roughly 60 cents in adjusted earnings per share for 2026. These medium-term targets assume the macro environment remains largely unchanged. (SEC)
Dan Dolev at Mizuho isn’t ready to dismiss the selloff just yet. He called the quarter “strong” and the guidance “upbeat,” saying it “should offer a sigh of relief.” He stuck with an Outperform rating and set a $38 price target. (TipRanks)
On the earnings call, CFO Chris Lapointe mentioned the company enjoyed “the luxury” of focusing more on “capital-light fee-based revenue” via its loan platform pipeline, thanks to a new partner deal. Management also revealed plans to roll out business banking in 2026, with Noto reaffirming a long-term return on equity goal of 20% to 30%. (The Motley Fool)
Yet the stock’s quick rebound from early gains highlights just how fast sentiment can shift around these names. A softer consumer, rising delinquencies, or tightening funding conditions would put that guidance at risk.
The credit-card cap debate has two sides. It might steer borrowers toward installment loans, yet if lenders retreat, overall credit could shrink — slowing loan growth broadly.
The next major date to watch is April 28, 2026, when SoFi is expected to release its first-quarter report, according to Wall Street Horizon. Traders will be focused on whether the company meets its first-quarter targets and maintains stable credit performance. (Wallstreethorizon)
