Updated: December 9, 2025 — All data and prices as of this date. This article is informational only and not investment advice.
SoFi Stock Today: Price Action and Context
SoFi Technologies, Inc. (NASDAQ: SOFI) is trading around $27.33 per share on December 9, 2025, down slightly on the day after a volatile week. The stock has pulled back from a recent 52‑week high near $32.73, but it’s still up dramatically from its 1‑year low around $8.60 and carries a market cap of roughly $33 billion. [1]
According to recent institutional coverage, SoFi now trades at a price-to-earnings (P/E) multiple of about 51x, with a beta near 1.9, and a 50‑day moving average around $28.20 versus a 200‑day average of $23.53 — a profile that underscores its high‑growth, high‑volatility status. [2]
Year‑to‑date, SoFi’s stock has surged roughly 90%+ in 2025, and around a similar amount over the last 12 months, before the latest pullback tied to a new equity offering. [3]
Fresh December 9 News: Templum Partnership and Private Epic/Stripe Access
The biggest new headline on December 9 is SoFi’s expansion into private markets in partnership with Templum:
- SoFi and Templum have opened a limited investment window from December 8–19, 2025, allowing accredited investors to gain exposure to Epic Games and Stripe via the Cosmos Fund. [4]
- The initiative follows a previously oversubscribed SpaceX offering, and the partners are already planning a 2026 calendar of deals in sectors like robotics, fintech, defense tech, and cloud infrastructure. [5]
Benzinga notes that this announcement landed as the market is still digesting SoFi’s large equity raise and bracing for the next Federal Reserve rate decision, which is widely expected to bring a 25‑basis‑point cut but possibly with a hawkish tone. [6]
The Templum partnership reinforces SoFi’s pitch as a “financial super app” — not just a digital bank and lender, but a platform where members can access public markets, crypto, and now carefully curated private market opportunities.
The $1.5 Billion Stock Offering: Dilution vs. Firepower
Just a few days before the Templum news, SoFi shocked parts of the market with a $1.5 billion common stock offering:
- On December 4, 2025, SoFi announced an underwritten public offering of approximately 54.5 million new shares of common stock, with an additional 30‑day option for underwriters to buy up to roughly 8.18 million more. [7]
- The shares were priced at $27.50, representing a discount to the prior close near $29.60. [8]
- Proceeds are earmarked for general corporate purposes, including bolstering capital, improving capital efficiency and funding growth initiatives. [9]
Market reaction was swift:
- The stock fell about 6–7% in after‑hours trading when the deal was announced, and the weakness has spilled into this week. [10]
- This is SoFi’s second $1.5 billion equity raise in roughly six months, following a similar deal in July 2025 — something even bullish analysts at Keefe, Bruyette & Woods flagged as a surprise and a sign that capital levels lag traditional banks. [11]
From a bullish perspective, SoFi is opportunistically raising capital near all‑time highs to fund ambitious growth, expand its product suite (including crypto, alternative assets and stablecoin initiatives), and strengthen its balance sheet. From a bearish perspective, repeated dilution — especially after a massive share‑price run — is a red flag that may cap near‑term upside and raises questions about long‑term capital needs.
Q3 2025: Record Revenue, Strong Profits and Upgraded 2025 Guidance
The reason SoFi could sell stock at these levels is simple: its fundamentals have improved dramatically over the last two years.
Headline Q3 2025 Numbers
In late October, SoFi reported record third‑quarter 2025 results: [12]
- Adjusted net revenue: about $950–962 million, up ~38% year‑over‑year, and ahead of Wall Street estimates.
- GAAP net income: roughly $139 million, more than doubling vs. the prior year.
- Adjusted EPS:$0.11, compared with consensus around $0.08–0.09.
- Members: net additions of ~905,000, bringing total membership to around 12.6 million, up ~35% YoY.
- Products: about 1.4 million new products, with rising cross‑sell; around 40% of new products are from existing members.
- Loan originations: nearly $9.9 billion, led by a record $7.5 billion in personal loans, plus strong growth in student loans and home loans.
Multiple outlets highlight that SoFi has now delivered GAAP profitability for several consecutive quarters and has beaten EPS expectations in seven of its last eight reports. [13]
Full-Year 2025 Guidance: Raised Across the Board
On the back of its Q3 beat, SoFi raised 2025 guidance for the second time this year: [14]
- Adjusted net revenue: about $3.54 billion, up from prior guidance of $3.375 billion, implying roughly 36% annual growth.
- Adjusted EBITDA: about $1.035 billion, versus prior guidance of $960 million, for an EBITDA margin near 29%.
- Adjusted net income: around $455 million, up sharply from the previous $370 million target.
- Adjusted EPS: about $0.37, compared with earlier guidance of $0.31 and analyst expectations nearer $0.32. [15]
- Member growth: at least 3.5 million new members for 2025, up from the prior 3 million target. [16]
Reuters, Zacks, and other research outlets note that SoFi’s upgraded guidance underscores a business that is scaling profitably and consistently beating its own medium‑term targets. [17]
Strategic Evolution: From Student Loans to Super App, Crypto and Private Markets
SoFi has deliberately repositioned itself from a niche student‑loan refi shop to a full‑service digital bank and financial platform:
- It now holds roughly $30 billion in deposits, giving it a low‑cost funding base that supports both its lending and its growing fee‑based businesses. [18]
- Beyond loans, SoFi offers checking and savings, credit cards, brokerage, robo‑investing, and insurance, and is investing heavily in its technology platform (Galileo / Technisys) to power both its own front end and third‑party clients. [19]
- In November, SoFi Bank became the first and only nationally chartered bank to launch crypto trading for consumers, further deepening its digital asset offering. [20]
- The company has relaunched crypto trading after an earlier pause and states that it plans to roll out its own branded stablecoin as soon as 2026, pending regulatory and technical milestones. [21]
The new Templum partnership extends that “all‑in‑one” strategy into alternative investments, giving affluent members access to high‑profile private names such as SpaceX, Epic Games and Stripe within defined subscription windows. [22]
2026 Guidance and Independent Bullish Models
Management’s medium‑term roadmap calls for significant EPS acceleration by 2026. Independent analysts have pieced together SoFi’s internal targets and external estimates as follows:
- SoFi has indicated a 2026 adjusted EPS guidance range of roughly $0.55–$0.80, depending on macro conditions and reinvestment rates. [23]
- A detailed Data Driven Investing (DDI) deep‑dive argues that the company is already running ahead of this path, projecting $0.75 in EPS in 2026 even after assuming ongoing reinvestment and dilution from recent capital raises. [24]
- The same analysis suggests SoFi could generate very high incremental margins (60–70% contribution margins in its fastest‑growing segments) over time, though the author cautions that corporate revenue swings and macro shocks could derail that trajectory. [25]
In other words, if management and bullish independent models are right, SoFi’s earnings power could nearly double between 2025 and 2026, giving the current valuation more room to grow — but the execution bar is very high.
Wall Street View: “Hold” Consensus and Mixed Price Targets
Despite the enthusiasm from retail investors and some independent analysts, Wall Street’s stance on SOFI is cautious:
- A recent MarketBeat snapshot shows 1 Strong Buy, 7 Buy, 12 Hold and 2 Sell ratings, for an overall “Hold” consensus and an average 12‑month price target around $25.69 — modestly below the current share price. [26]
- TipRanks data similarly pegs the average target near $27, with a high estimate around $37 and a low near $12, reflecting a very wide dispersion of views. [27]
- Simply Wall St’s fair‑value model shows SoFi trading at a P/E of about 54x, versus an estimated “fair” multiple near 26x, and highlights that its current multiple is far above both peers in the U.S. consumer finance industry and its own modeled fair value. [28]
So while at least one major bank has recently raised its price target into the mid‑30s, others remain neutral or even underweight, arguing that much of SoFi’s 2025–2026 growth is already priced in. [29]
Valuation Check: Growth Machine at a Premium Price
Putting the pieces together:
- Market cap: ≈ $33.3 billion. [30]
- 2025 revenue forecast (Street): around $3.6 billion, rising to ~$4.6 billion in 2026. [31]
- Trailing P/E: ~51–54x; forward P/E: around the mid‑40s. [32]
That implies SoFi trades at just over 9x this year’s expected sales, a sizeable premium to traditional banks and many fintech peers. [33]
Simply Wall St explicitly labels the stock “expensive” relative both to its industry and to a fair‑value model that accounts for expected growth and margins, while GuruFocus estimates a forward P/E above 40x — reasonable for a high‑growth software company, but steep for a lender‑heavy financial business in a still‑uncertain rate environment. [34]
2025–2030 SOFI Stock Forecasts: Wide Ranges, Big Assumptions
Long‑term forecasts for SoFi stock are all over the map, which is exactly what you’d expect for a young, high‑growth fintech/bank hybrid:
- A 24/7 Wall St. model estimates that SoFi could grow revenue from roughly $2.84 billion in 2025 to about $5.3 billion by 2030, with normalized EPS rising above $1 per share and a constant 3.5x price‑to‑sales multiple, implying a 2030 price target around $55 — nearly 87% upside from current levels. [35]
- Algorithmic and quant sites like CoinCodex project very wide bands, with some scenarios pointing to mid‑$30s or higher for 2026, and potential ranges from the high teens to the high $40s by 2030, underscoring how sensitive such models are to growth and rate assumptions. [36]
- A number of retail‑focused and newsletter‑style forecasts (including Benzinga’s and others) likewise show bull, base and bear cases that move from modest single‑digit downside to multi‑bagger upside over five years, depending on margin expansion, dilution, and the path of interest rates. [37]
Crucially, none of these long‑dated projections are guarantees. They rely on:
- Sustained 25%+ annual revenue growth.
- Successful execution of SoFi’s super‑app, crypto, stablecoin and alternative‑assets strategy.
- A benign or supportive rate environment that allows loan demand to remain strong without crushing net interest margins.
Any serious investor should treat these 2030 price targets as thought exercises, not precise predictions.
Today’s Macro Backdrop: Fed Cuts, “Hawkish” Risk and SoFi’s Sensitivity
Short‑term, SoFi’s stock is highly sensitive to Federal Reserve policy and the broader risk‑on/risk‑off mood:
- Markets are widely expecting a 25‑basis‑point Fed rate cut this week, but multiple commentators warn that the Fed could accompany it with guidance that suggests fewer cuts in 2026 — a so‑called “hawkish cut.” [38]
- For SoFi, this distinction matters. Lower rates are critical to reviving student loan refinancing and mortgage volumes, key parts of the bull thesis starting in 2026. A “higher‑for‑longer” stance would blunt that tailwind. [39]
- As a digital bank that leans heavily on spread income, SoFi also faces net interest margin compression risks if its cost of deposits remains elevated while competition pressures lending yields. [40]
In short, macro and the Fed may matter as much as company‑specific execution in determining whether SoFi grows into its valuation or spends time consolidating after its massive 2023–2025 run.
Bull vs. Bear Case for SOFI Stock in Late 2025
Bull Case: Why Optimists Like SoFi Here
Supporters of the stock point to several structural positives:
- Rapid top‑line and earnings growth, with revenue up nearly 38% in Q3 and full‑year 2025 EPS guidance raised to $0.37. [41]
- Eight‑plus quarters of consistent execution, including most earnings reports beating consensus estimates. [42]
- A proven ability to cross‑sell multiple products to its 12.6 million‑plus members, driving high‑margin fee income. [43]
- A differentiated technology platform (Galileo / Technisys) that can power third‑party fintechs, giving SoFi both consumer and B2B exposure. [44]
- Optionality in crypto, stablecoins and private markets via SoFi Bank’s crypto launch and the Templum partnership. [45]
- Potential S&P 500 inclusion in the coming years if the company continues to grow earnings and market cap, which could pull in passive index capital. [46]
Well‑regarded bullish analyses — from platforms like Seeking Alpha and DDI — argue that SoFi is executing on a rare combination: high growth, rising profitability, and a long runway in multiple verticals. [47]
Bear Case: What Critics Worry About
Skeptics see a very different picture:
- The P/E and price‑to‑sales multiples are rich, even when compared with other fast‑growing financials, leaving little margin of safety if growth slows. [48]
- SoFi has now executed two $1.5 billion equity raises in six months, and some analysts warn that more capital could be needed down the road, further diluting shareholders. [49]
- Insider selling has picked up: recent disclosures show senior executives selling shares as the stock rallied, with insiders collectively unloading roughly 175,000+ shares over the past three months. [50]
- While institutional ownership is growing (e.g., Hood River Capital’s new 682,000‑share position), SoFi remains a crowded retail favorite, leaving it vulnerable to sharp sentiment swings. [51]
- Macro headwinds — from sticky inflation to a more hawkish Fed — could hurt both loan demand and valuation multiples for high‑beta growth stocks like SoFi. [52]
Some research pieces explicitly frame the latest equity raise as a “red flag”, arguing that continual dilution and insider selling may signal management’s view that the shares are richly valued. [53]
What to Watch Next for SOFI Stock
For investors tracking SoFi into 2026, key upcoming catalysts and risk factors include:
- Federal Reserve decisions and the pace of rate cuts, which will help or hurt SoFi’s lending and refinancing engine. [54]
- Q4 2025 earnings and any further updates to 2026 guidance, particularly around EPS, loan growth and fee‑income momentum. [55]
- Adoption metrics for crypto trading, stablecoin plans, and alternative‑asset offerings like the Epic/Stripe window. [56]
- Additional capital‑raising moves or debt issuance, which would affect dilution and balance‑sheet flexibility. [57]
- Any progress toward index inclusion or major new partnerships that could broaden SoFi’s audience and reinforce its “super app” positioning. [58]
Bottom Line: High‑Growth Fintech–Bank Hybrid With Elevated Risk
As of December 9, 2025, SoFi Technologies sits at the crossroads of strong execution and lofty expectations:
- The company is growing fast, profitable on a GAAP basis, and repeatedly raising guidance.
- It is expanding into crypto, stablecoins and private markets, betting that a full‑spectrum digital platform will deepen engagement and monetization over time.
- Yet the stock price already reflects a lot of that optimism, with valuation multiples that leave little room for disappointment and a pattern of large equity raises that investors cannot ignore.
For potential investors, SoFi is best thought of as a high‑beta, high‑conviction growth idea, not a conservative bank stock. Anyone considering an investment should carefully weigh:
- Their risk tolerance,
- Time horizon (this is likely a multi‑year story), and
- Diversification across other sectors and styles.
References
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