SoFi Stock Today (SOFI): Premarket Price, News and Forecast After Fed Cut and $1.5B Share Sale

As of roughly 6:20 a.m. ET on Thursday, December 11, 2025, SoFi Technologies (NASDAQ: SOFI) is changing hands in premarket trading around $26.85, down about 0.9% from Wednesday’s close of $27.09. ^[1]

That small dip comes after a hectic week for SoFi:

The Federal Reserve just cut interest rates again,
SoFi recently priced a $1.5 billion stock offering,
The company is rolling out new products (including a crypto platform and a new “Smart Card”), and
Major institutions like CalPERS have increased their stakes in the stock. ^[2]

Below is a full rundown of SoFi’s premarket setup, the latest news, fresh forecasts and the main bull vs. bear arguments traders are weighing this morning.

Key takeaways for SOFI stock this morning

Premarket: SOFI trades around $26.8–$26.9, off less than 1% from Wednesday’s close at $27.09 after a strong multi-month rally. ^[3]
Context: Shares are still up roughly 80% year‑to‑date and more than 80% over the past year, near the upper end of their 52‑week range of about $8.60 to $32.73. ^[4]
Near-term overhang: A $1.5 billion follow‑on stock offering has sparked dilution concerns, even as management argues the capital will fund profitable growth. ^[5]
Growth story intact: Q3 delivered record revenue and profits, SoFi relaunched crypto trading, and it’s expanding into cards and alternative assets in partnership with firms like Templum. ^[6]
Wall Street stance: The consensus rating is “Hold” with an average 12‑month price target around $24.70, implying modest downside from current levels despite robust revenue and EPS growth forecasts. ^[7]

Premarket snapshot: SoFi cools after a huge 2025 run

According to real‑time data from StockAnalysis, SoFi closed Wednesday, December 10 at $27.09 and is indicated around $26.85 in premarket trading at ~6:18 a.m. ET, a move of about –0.9%. ^[8]

Even with the latest pullback:

SoFi shares are up roughly 79–80% year‑to‑date, despite the recent sell‑off following the equity offering. ^[9]
Over the last six months, the stock has climbed about 120%, and the one‑year gain is over 80%, far outpacing the broader market. ^[10]
The 52‑week range currently sits around $8.60 (low) to $32.73 (high), putting today’s premarket price the lower half of that recent peak but still miles above last year’s lows. ^[11]

In other words, today’s red premarket quote looks more like a breather inside a strong uptrend than a complete trend reversal—at least so far.

Fresh catalyst #1: CalPERS quietly adds to its SoFi position

One of the most notable SoFi‑specific headlines dated December 11, 2025 comes from MarketBeat, which reports that the California Public Employees Retirement System (CalPERS) increased its SoFi stake in the third quarter. ^[12]

Key points from that filing summary:

CalPERS boosted its position by about 9%, now holding over 1.3 million SOFI shares, a stake worth tens of millions of dollars. ^[13]
SoFi now accounts for a small—but not trivial—portion of the giant pension fund’s portfolio, underscoring that large institutions are still willing to own SoFi at elevated prices. ^[14]
The same write‑up reiterates that SoFi beat Q3 earnings expectations and raised its 2025 guidance, framing the stock as a high‑growth but richly valued financial name. ^[15]

For traders, institutional buying from a heavyweight like CalPERS can act as a sentiment anchor: dilution fears from the new offering are real, but they’re not scaring away all big money.

Fresh catalyst #2: Fed rate cut – a mixed blessing for SoFi

Last night the Federal Reserve cut the federal funds rate by 25 basis points to a range of 3.50%–3.75%, its third rate cut of 2025, and signaled that only one more cut is likely in 2026. ^[16]

For SoFi, this matters in two big ways:

Loan demand & refinancing
- Lower rates can boost demand for personal loans, student loan refinancing and mortgages—all core SoFi businesses.
- Benzinga’s recent SoFi note explicitly points out that a sustained rate‑cut cycle is crucial to the bull case for a refinancing boom into 2026. ^[17]
Net interest margin & valuation
- As a bank, SoFi’s earnings still lean heavily on the spread between funding costs and lending yields. Rate cuts can compress margins, especially if deposit costs fall more slowly than loan yields. ^[18]
- And as a high‑growth fintech stock, SoFi’s valuation is sensitive to the Fed’s “dot plot”—fewer projected cuts mean a higher discount rate on future cash flows, which caps multiple expansion. ^[19]

Markets largely expected yesterday’s cut, but the Fed’s cautious tone (one more cut next year, then likely pause) helps explain why SoFi is only slightly lower this morning instead of surging on “easy money” hopes.

The $1.5 billion question: Why the stock offering still dominates the story

SoFi’s $1.5 billion common stock offering remains the single most important stock‑specific overhang in the near term.

What SoFi actually did

SoFi announced a public offering of 54,545,454 new shares, later priced at $27.50 per share, for gross proceeds of around $1.5 billion, with an option for underwriters to buy another ~8.2 million shares. ^[20]
The pricing implied a rough 7% discount to the prior close the day before the deal. ^[21]
The announcement and pricing triggered an immediate 6–7% sell‑off, with SoFi dropping to the high‑$27s as the market digested the dilution. ^[22]

How the market is framing it

Tokenist highlighted that the stock fell more than 7% in premarket trading on the day the deal priced and stressed the dilution from ~54.5M new shares, but also that SoFi has delivered 92%+ gains year‑to‑date and remains fundamentally strong. ^[23]
24/7 Wall St. described the move as a classic case of investors reacting to dilution, even though SoFi’s Q3 revenue jumped 38% to $961.6 million and net income more than doubled to about $139 million, leaving the stock still up roughly 79% year‑to‑date. ^[24]
Investopedia noted this is SoFi’s second $1.5 billion raise in six months, calling the move “opportunistic” with the stock near all‑time highs and highlighting that Wall Street’s target is just under $26 and overall sentiment is broadly neutral. ^[25]
A recent Nasdaq article summed up the day’s action under the headline “There Are 1.5 Billion Reasons Why” SoFi’s stock was sliding, underscoring that supply, not story, is driving the latest volatility. ^[26]

Overlay that with Seeking Alpha’s take—“Dilution hammers shares, but accretion is the name of the game”—and the theme becomes clear: many analysts think if management deploys the $1.5B effectively, the hit to existing shareholders can be more than offset by higher earnings power later in the decade. ^[27]

For traders watching the tape today, the $27.50 offering price now acts as a psychological pivot: dips below that level can look like a value entry for believers, while rallies well above it invite questions about how quickly the market can absorb such a large slug of new shares.

Growth engine: Record Q3, crypto relaunch, Smart Card and alternative assets

Despite the dilution noise, SoFi’s operating story is undeniably strong.

Q3 2025: Eighth straight profitable quarter

In late October, SoFi reported record third‑quarter results: ^[28]

GAAP net revenue:$961.6 million, up 38% year over year.
Net income: about $139.4 million, up 129% year over year.
Adjusted EBITDA:$276.9 million, up 49%, with a 29% margin.
Members: up 35% to 12.6 million.
Products: up 36% to 18.6 million.
Deposits: grew by $3.4 billion in the quarter to $32.9 billion, with nearly 90% of deposits coming from direct‑deposit members.

Management also raised 2025 guidance and emphasized that SoFi has now delivered eight consecutive quarters of GAAP profitability. ^[29]

Crypto relaunch: A big swing at a controversial opportunity

In November, SoFi relaunched crypto trading and became the first and only nationally chartered, FDIC‑insured bank in the U.S. to let retail customers buy, sell and hold cryptocurrencies directly in the same app they use for checking and savings. ^[30]

Key details:

The new SoFi Crypto offering supports Bitcoin, Ethereum, Solana and dozens of other tokens. ^[31]
SoFi is positioning this as a “bank‑grade” alternative to pure‑play crypto exchanges, highlighting security and regulatory oversight. ^[32]
The company has also flagged plans for a SoFi‑branded stablecoin in 2026, and analysts note the move could be a “powerful competitive edge” in attracting younger, crypto‑savvy customers. ^[33]

This crypto push is a double‑edged sword: it boosts engagement and fee potential but increases regulatory and volatility risk, something bears will keep highlighting.

New Smart Card: Deepening the consumer relationship

Yesterday, SoFi announced the SoFi Smart Card, described as “the best all‑in‑one account” for members. ^[34]

Headline features include:

Unlimited 5% cash‑back rewards at grocery stores,
Up to 4.30% APY on savings balances, when tied to SoFi checking,
Integration into the SoFi app experience alongside SoFi Money, Invest and loan products. ^[35]

The Smart Card strengthens SoFi’s deposit and payments ecosystem, important given the Fed’s shifting rate path and the pressure on low‑cost funding for digital banks.

Alternative assets with Templum: Epic Games, Stripe and beyond

SoFi is also moving into private markets. This week, StockTitan highlighted a Templum–SoFi partnership that gives accredited investors a limited window (Dec. 8–19, 2025) to buy into a Cosmos Fund with exposure to Epic Games and Stripe. ^[36]

Some notable details:

The offering follows an oversubscribed SpaceX opportunity earlier this year. ^[37]
Stripe, for example, reportedly powers billing for 300,000+ companies, indicating the caliber of names SoFi is targeting for its alternative platform. ^[38]
StockTitan’s data pegs SoFi’s market capitalization around $33.8 billion, with institutional ownership ~54% and short interest around 8.5%—enough to matter, but not extreme. ^[39]

Together, crypto, Smart Card, and alternatives support the idea that SoFi is migrating from a niche lender to a broad financial “super app”.

What Wall Street is saying: Price targets, ratings and forecasts

Consensus rating: “Hold” with modest downside

According to StockAnalysis, which aggregates Wall Street estimates:

15 analysts currently cover SoFi.
The consensus rating is “Hold”.
The average one‑year price target is about $24.70, roughly 9% below the current share price.
Targets range from $12 (deeply bearish) to $37 (very bullish), with a median near $27—very close to where the stock trades today. ^[40]

The distribution of ratings over the last year has skewed toward neutrality:

Roughly 6 analysts in the Buy/Strong Buy camp,
8 in Hold,
3 in Sell, with no Strong Sell calls. ^[41]

Recent moves by big firms include:

Truist Securities trimming its target from $31 to $28 while maintaining a Hold rating. ^[42]
UBS raising its target from $21 to $28, also at Hold. ^[43]
Citigroup reiterating a Strong Buy with a $37 target, implying more than 30% upside from current levels. ^[44]

Earnings and revenue forecasts

Wall Street expects big growth, but from a higher base:

Revenue 2025: about $3.62 billion, up 37% from roughly $2.64 billion in 2024.
Revenue 2026: around $4.61 billion, another 27% growth. ^[45]
EPS 2025 (“this year”): consensus around $0.37, slightly below a prior $0.39 estimate.
EPS 2026: around $0.61, implying roughly 67% earnings growth year over year. ^[46]

That leaves SoFi trading at a forward P/E in the mid‑70s on 2025 estimates, compressing to the mid‑40s on 2026 numbers—high enough that even small disappointments matter. ^[47]

Long‑term scenario: 24/7 Wall St.’s 2025–2030 roadmap

A recent 24/7 Wall St. long‑term forecast frames SoFi as a “one‑stop financial platform” with decades of growth potential and lays out a price‑target path that looks like this: ^[48]

2025: $29.41
2026: $35.70
2030: $55.30

Those numbers imply roughly 87% upside from current levels by the end of the decade if SoFi hits the report’s revenue and EPS projections.

What traders are watching in SOFI today

Bullish narrative: Why some see dips as buying opportunities

Bulls focused on SoFi today are pointing to:

Momentum plus profitability
- Eight straight profitable quarters, 30%+ revenue growth, and rapid member and deposit expansion. ^[49]
Unique positioning in crypto and banking
- The first nationally chartered U.S. consumer bank to offer integrated crypto trading may give SoFi a brand and engagement edge over traditional banks and fintech peers. ^[50]
Product expansion flywheel
- Smart Card, alternative assets via Templum, SoFi Pay remittances and AI‑driven tools like Cash Coach all reinforce the “super app” model that can increase products per customer and lifetime value. ^[51]
Institutional support & potential S&P 500 inclusion
- CalPERS and other institutional investors have recently added to their holdings, and several reports suggest SoFi could qualify for S&P 500 inclusion in coming rebalances—an event that could force passive index buying. ^[52]

Bearish narrative: Why others are hesitant (or short)

Skeptics of SoFi stock today tend to focus on:

Dilution and capital strategy
- Two $1.5B equity raises in about six months leave some investors questioning why SoFi needs so much capital so quickly, and whether returns on that capital will justify the dilution. ^[53]
Rich valuation vs. “Hold” consensus
- With the stock trading above the average Street target and most analysts at Hold, critics argue that good news is mostly priced in, leaving little margin for error. ^[54]
Rate‑sensitive business model
- The latest Fed cut helps loan demand but also raises questions about net interest margin pressure and how aggressively SoFi can keep paying high deposit yields (such as the 4.30% APY marketed with Smart Card). ^[55]
Regulatory and crypto risk
- Becoming a crypto‑forward bank at a time of evolving regulation draws scrutiny; any misstep could lead to higher compliance costs or restrictions. ^[56]
Technical backdrop
- Benzinga notes that SoFi is trading a few percent below its 50‑day moving average but more than 35% above its 200‑day, a pattern that suggests short‑term fatigue within a longer‑term uptrend. ^[57]

Bottom line: How to think about SoFi stock in today’s premarket

Going into the December 11, 2025 session, SoFi stock sits at the crossroads of three big forces:

Macro: A Fed that is cutting rates, but cautiously, shaping both loan demand expectations and valuation multiples. ^[58]
Capital structure: A fresh $1.5B equity raise that temporarily increases supply and weighs on sentiment, even as it strengthens the balance sheet. ^[59]
Business momentum: A company posting record revenue and profits, expanding into crypto, cards and alternative assets, and still viewed by Wall Street as a high‑growth but fairly fully‑valued name. ^[60]

Premarket trading around $26.8–$26.9 suggests that today may be another digestion day: long‑term bulls eyeing the super‑app and crypto story could see any deeper dips toward or below the $27.50 offering price as a chance to accumulate, while more cautious investors may wait for either cheaper valuations, clearer Fed guidance, or further proof that the new capital is translating into higher earnings per share.

As always, this overview is informational only and not investment advice. Anyone considering SOFI should weigh their own risk tolerance, time horizon, and portfolio needs—and, ideally, pair today’s headlines with a close read of SoFi’s latest 10‑Q, earnings call, and risk factors.