NEW YORK, Jan 7, 2026, 19:39 ET — After-hours
- SoFi shares were little changed in late trading after this week’s drop tied to a bearish Wall Street call
- A recent stock offering and underwriters’ extra-share purchase continue to hang over valuation
- Investors’ next hard catalyst is SoFi’s Jan. 30 quarterly results and conference call
SoFi Technologies (SOFI.O) shares were up about 0.1% at $27 in after-hours trading on Wednesday, after ranging from $26.42 to $27.18 in the session.
The stock has been whipsawed this week by a familiar mix for fast-growing consumer finance names: capital raises, valuation arguments, and what happens to loan growth when the market stops giving you the benefit of the doubt.
SoFi said in an SEC filing that underwriters exercised an option to buy additional shares and the company completed the issuance and sale on Jan. 5, bringing the total shares sold in the offering to 57,754,660 at $27.50 per share. The underwriters included Goldman Sachs, BofA Securities, Citigroup, Deutsche Bank and Mizuho, the filing showed. SEC
Bank of America resumed coverage with an underperform rating and a $20.50 price target, calling the recent capital raise a “modest positive” but arguing there was “limited upside at the current multiple,” according to a note published by TheFly. TipRanks
Barclays, in contrast, lifted its price target to $28 from $23 while keeping an Equal Weight rating, saying a “benign” credit backdrop could set up loan growth and a better mortgage origination market in 2026. TipRanks
For traders, the immediate reference point is the offering price at $27.50. SoFi is now sitting below it, and price action around the mid-$26 area is getting watched as near-term support after Tuesday’s selloff.
The risk is straightforward. More shares dilute existing holders — the same earnings are spread across a larger base — and investors are still guessing how quickly fresh capital turns into higher revenue or fatter margins. If credit costs tick up, the story can get messy fast.
Next up is earnings. SoFi is scheduled to report fourth-quarter and full-year 2025 results on Friday, Jan. 30, before the bell, with a conference call at 8 a.m. ET, the company said. Sofi
