New York, Jan 29, 2026, 11:04 ET — Regular session
- SoFi Technologies shares dropped 1.6% to $24.20 by late morning, slipping from an earlier high of $25.12.
- The company will release its fourth-quarter and full-year results before the market opens on Friday.
- With fintech lenders facing a weak tape, investors are closely tracking loan growth, credit costs, and funding trends.
SoFi Technologies shares dropped 1.6% to $24.20 in late morning trading Thursday, after touching $25.12 earlier. The broader market was softer, with the S&P 500 ETF down roughly 1.3% and the Nasdaq-100 off about 2.1%. Fintech rivals Affirm, Upstart, and LendingClub also slid.
The announcement arrives a day ahead of SoFi’s fourth-quarter and full-year 2025 earnings report. The company said it will release the results around 7 a.m. ET on Friday, followed by a conference call at 8 a.m. ET.
Analysts expect earnings per share to hit around 11.4 cents, on revenue close to $973.43 million, per data from Investing.com.
That puts the lender in a well-known spot, still measured quarter to quarter. Traders zero in on the lending side first: new originations, how much the loan book expands, and the costs involved in that growth.
Credit is set to be a major factor. A spike in charge-offs or delinquencies could hit hard, particularly in personal loans, where investor focus zeroes in on borrower behavior as budgets get squeezed.
Funding is another key factor. With SoFi’s banking arm, deposits become crucial. Investors will be watching the net interest margin closely — that gap between what the bank earns on loans and what it pays out on deposits — looking for any hints of strain or easing.
The market mood isn’t cooperating. As tech and high-growth stocks dip, fintech lenders tend to follow suit, and Thursday’s retreat left scant chance for companies to simply “wait for next quarter.”
Earnings cuts can go both ways. A beat might still disappoint if the outlook is cautious or if rising credit costs outpace revenue growth, squeezing the bottom line.
Friday’s earnings drop before the bell, followed by the 8 a.m. ET call, will have investors zeroing in on the 2026 outlook and whether SoFi plans to shift its growth pace—or the expenses that come with it.
