New York — Friday, Dec. 26, 2025, 2:48 p.m. ET.
SoFi Technologies, Inc. (NASDAQ: SOFI) is trading in a light, post‑Christmas session where Wall Street has hovered near record levels amid thin volumes and a familiar year‑end tailwind: the market’s so‑called “Santa Claus rally” window. [1]
Against that backdrop, SoFi stock is moving through the afternoon with investors weighing two headline company narratives that can pull in opposite directions:
- a $1.5 billion common‑stock offering that boosted capital but raises dilution questions, and [2]
- SoFi’s push deeper into digital assets via SoFiUSD, a bank‑issued stablecoin pitched as infrastructure for institutions and (soon) retail members. [3]
SoFi stock price right now (intraday snapshot)
As of the latest available trade timestamp this afternoon, SOFI was around $27.33, down modestly on the day, with an intraday range roughly in the $27.12–$27.53 area and volume in the tens of millions of shares. [4]
SOFI’s 52‑week range is roughly $8.60 to $32.73, putting the stock well off its lows but below its recent peak. [5]
Why this matters today: in a thin holiday session, large‑cap indices can drift while individual names react more sharply to positioning, year‑end portfolio adjustments, and recent company‑specific catalysts—exactly the setup SOFI is facing into the close. [6]
Market backdrop: a subdued post‑holiday tape, but a seasonal tailwind
U.S. equities have traded with muted conviction on Dec. 26, with Reuters describing a subdued post‑Christmas session and low volumes even as major benchmarks sit near record territory. [7]
Seasonality is also in focus: MarketWatch notes that Dec. 26 has historically been one of the most consistently positive days for the S&P 500, while the broader “Santa Claus rally” period (late December into early January) remains a widely watched sentiment gauge. [8]
For growth‑tilted financial names like SoFi, the day’s macro tone matters because investors often treat the stock as a hybrid: part digital bank/consumer lender, part fintech platform, and increasingly part crypto infrastructure story.
The dilution overhang: SoFi’s $1.5B share offering is still being digested
One of the most important recent drivers for SOFI has been the company’s December equity raise.
- SoFi announced an underwritten public offering totaling $1.5 billion in common stock, stating proceeds would be used for general corporate purposes, including enhancing capital position and supporting growth opportunities. [9]
- A prospectus summary tied to the offering described 54,545,454 shares priced at $27.50 (gross proceeds about $1.5B), with potential additional shares via an underwriters’ option. [10]
Because SOFI is trading around the offering price neighborhood, traders often interpret that as the market continuing to absorb supply and recalibrate valuation after dilution—especially when liquidity is thinner around the holidays.
What analysts said: Investor’s Business Daily reported that KBW analyst Tim Switzer was surprised by the size/timing, characterizing the move as opportunistic and tied to capital considerations. [11]
(Investors should note: interpretations vary by firm, and bank/fintech capital strategy can be read differently depending on credit views and growth expectations.)
The upside narrative: SoFiUSD stablecoin and a bigger crypto push
On the bullish side of the debate, SoFi has handed the market a new growth storyline: regulated, bank‑issued stablecoin infrastructure.
In its December 18 announcement, SoFi said it launched SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. and positioned the product as infrastructure for banks, fintechs, and enterprise partners seeking faster settlement and more efficient money movement. [12]
SoFi also emphasized that SoFiUSD is fully reserved 1:1 by cash and highlighted the bank regulatory angle (OCC‑regulated insured depository institution). [13]
CEO Anthony Noto framed the strategy as a long‑cycle bet, saying: “Blockchain is a technology super cycle that will fundamentally change finance …” [14]
Market reaction and context: Coverage following the launch described the move as a meaningful expansion of SoFi’s crypto ambitions beyond simple retail trading. [15]
And Reuters has separately reported that SoFi rolled out crypto trading again and had been on track to launch a dollar‑pegged stablecoin, underscoring that this was a planned strategic build rather than a one‑off headline. [16]
Fundamentals recap: strong Q3 results and raised 2025 guidance
SoFi’s stock performance in 2025 has been closely tied to improving profitability metrics, member growth, and diversification beyond lending spreads.
In its third‑quarter 2025 release, SoFi reported:
- Total net revenue of $961.6 million (GAAP), up sharply year over year, [17]
- Net income of about $139 million, [18]
- Record member and product growth, and raised 2025 guidance. [19]
SoFi’s Q3 commentary highlighted durable growth and credit performance, and Reuters reported the company lifted its 2025 profit outlook after that record quarter, citing analyst estimates compiled by LSEG. [20]
This matters for today’s tape because the market is effectively asking: does the new capital (via dilution) and crypto infrastructure push extend SoFi’s growth runway—or simply reprice it?
Wall Street forecasts: price targets cluster near the current quote, but dispersion stays wide
Consensus snapshots for SOFI are unusually important right now because the stock has already had a strong run off its lows and is trading at levels where valuation debates intensify.
- Multiple market data pages show a 1‑year target estimate around $27.38 (near today’s trading level), implying the Street sees SOFI roughly fairly valued at the moment on a 12‑month horizon. [21]
- Another consensus view cited an average target in the same ballpark but with a wide range (high estimates well above, low estimates meaningfully below), reflecting high uncertainty over rates, credit, and fintech multiples. [22]
- Separate brokerage‑count summaries characterize the overall stance as closer to Hold/Neutral than an outright Buy consensus. [23]
Key takeaway for investors: When targets sit near the spot price, near‑term upside often depends less on “consensus reversion” and more on new information—earnings, guidance changes, credit surprises, regulatory headlines, or evidence that the stablecoin effort becomes a material revenue stream.
The next major catalyst: Q4 earnings timing (and what to watch)
SoFi has not confirmed a date in every venue yet, but multiple earnings calendars estimate the next report in late January 2026, commonly cited around Monday, Jan. 26, 2026 (before market). [24]
For SOFI, earnings focus tends to cluster around:
- member growth and product cross‑sell,
- credit performance and loss provisions in lending,
- deposit growth and funding costs at SoFi Bank,
- contribution margin from the tech platform (Galileo) and financial services segments, and
- any quantified revenue/usage metrics from SoFi’s crypto and stablecoin initiatives.
Positioning signals: short interest and insider transactions
Two “sentiment” datapoints that active traders monitor in SOFI:
- Short interest: MarketBeat reported that as of Dec. 15, 2025, SoFi had about 118.5 million shares sold short, roughly ~10% of float, with days‑to‑cover under 2. [25]
- Insider transactions: Recent filings and tracking pages show notable insider sales in late December (often under pre‑arranged plans). [26]
Neither factor is inherently bullish or bearish on its own, but together they reinforce that SOFI remains a crowded, high‑beta stock where headlines can move sentiment quickly.
Is the stock market open now — and what investors should know into the close and next session
Because it’s 2:48 p.m. ET in New York, the U.S. market is open and trading normally (standard NYSE/Nasdaq hours are 9:30 a.m. to 4:00 p.m. ET). [27]
NYSE’s official calendar also confirms the early close on Dec. 24, 2025, reinforcing that Dec. 26 is a regular session. [28]
Into today’s close: what to watch for SOFI
- Volume and closing auction dynamics: Post‑holiday sessions can see exaggerated end‑of‑day moves if liquidity is thin. [29]
- Relative performance vs. growth/fintech peers: SOFI often trades with a risk‑on basket; watch whether it leads or lags as the broader market drifts. [30]
- Any incremental news on the offering proceeds/capital plan: Investors are still interpreting the strategic “why now” behind the raise. [31]
If you’re reading this after the bell: what matters before the next session
The next regular session after Friday will be Monday, Dec. 29, 2025 (barring any unexpected closures). Before that open, investors typically watch for:
- After‑hours headlines (crypto‑related developments can hit at any time, which is newly relevant given SoFiUSD), [32]
- any analyst notes or rating/target changes, and [33]
- broader market tone around the Santa Claus rally window, which Reuters notes runs through early January. [34]
Bottom line for SoFi stock (SOFI)
SOFI is trading this afternoon in a market that’s calm on the surface but potentially sensitive underneath due to thin year‑end liquidity and heavy positioning. [35]
For the stock itself, the tug‑of‑war is clear:
- Bull case: SoFi’s stablecoin and crypto infrastructure push (SoFiUSD) adds a new, potentially high‑margin platform narrative on top of its banking and fintech ecosystem. [36]
- Bear/base case: The $1.5B equity offering is a reminder that capital strategy and dilution can cap near‑term upside, especially when the share price is near offering‑level territory and consensus targets sit close to spot. [37]
- What can change the story: the next earnings cycle in late January and any hard metrics showing SoFiUSD adoption or monetization beyond a headline launch. [38]
References
1. www.reuters.com, 2. investors.sofi.com, 3. investors.sofi.com, 4. finance.yahoo.com, 5. finance.yahoo.com, 6. www.reuters.com, 7. www.reuters.com, 8. www.marketwatch.com, 9. investors.sofi.com, 10. www.stocktitan.net, 11. www.investors.com, 12. investors.sofi.com, 13. investors.sofi.com, 14. investors.sofi.com, 15. finance.yahoo.com, 16. www.reuters.com, 17. investors.sofi.com, 18. investors.sofi.com, 19. investors.sofi.com, 20. www.reuters.com, 21. finance.yahoo.com, 22. www.investing.com, 23. www.marketbeat.com, 24. www.nasdaq.com, 25. www.marketbeat.com, 26. finance.yahoo.com, 27. www.cbsnews.com, 28. www.nyse.com, 29. www.reuters.com, 30. www.reuters.com, 31. investors.sofi.com, 32. investors.sofi.com, 33. www.tipranks.com, 34. www.reuters.com, 35. www.reuters.com, 36. investors.sofi.com, 37. www.stocktitan.net, 38. www.wallstreethorizon.com
