New York, Jan 29, 2026, 21:05 EST — Market closed
- Shares of SoFi slipped almost 1% Thursday as investors braced for the upcoming quarterly earnings report.
- The company is set to report before markets open Friday, with investors zeroing in on its 2026 outlook and credit trends.
- Tech-driven selling pushed high-beta stocks lower during the risk-off session.
SoFi Technologies shares dipped 0.98% to $24.36 on Thursday, pushing their weekly decline further as investors awaited the fintech lender’s Q4 earnings, set to drop before Friday’s open. More than 66 million shares changed hands. 1
SoFi’s results come at a time when the market is jittery about growth spending and interest rates. As a lender dependent on loan demand and funding costs, its guidance can quickly swing the stock.
Investors watch SoFi’s earnings closely for clues on consumer credit trends in the non-bank sector, where a few comments on delinquencies or pricing can quickly sway sentiment. The stock has seen volatility heading into the report.
SoFi plans to announce its fourth-quarter and full-year 2025 earnings around 7 a.m. ET on Friday, with a conference call scheduled an hour later at 8 a.m. ET. 2
Wall Street expects earnings per share of $0.11 and revenue near $982.39 million, just shy of $1 billion for the quarter. 3
Traders will look past the headline figures to spot any changes in 2026 targets, focusing on adjusted EBITDA — a stand-in for operating profit before interest, taxes, depreciation, and amortization — and the speed of loan growth. Credit metrics, particularly delinquencies and net charge-offs, could become a sticking point if management adopts a cautious outlook.
Thursday’s trading offered no relief. The S&P 500 dropped 0.13%, while the Nasdaq fell 0.72%, as investors digested earnings and fretted over heavy AI spending. “Microsoft disappointed and there are some genuine concerns that AI investments will eat the software companies’ lunches,” said John Praveen, managing director and co-CIO at Paleo Leon. 4
Consumer-lending and fintech stocks also slid. Upstart dropped nearly 3.9%, Affirm lost about the same, and LendingClub plunged around 16%, extending the group’s weakness into Friday.
Fitch Ratings announced on Wednesday the final ratings and outlooks for notes from SoFi Consumer Loan Program 2026-1 Trust, a securitization linked to the lender’s consumer-loan financing. 5
Bulls face a clear risk: if SoFi’s forecast signals slower loan growth, thinner margins, or a credit shift, the stock could take a sharp hit. Fintech lenders react sharply to changes in rates and credit conditions. Even a “good” quarter paired with a cautious outlook might disappoint investors.
All eyes turn to Friday’s report before the bell and the 8 a.m. ET call. Investors will zero in on any updates to 2026 targets and the company’s tone on credit and funding as it moves into the new quarter.
