SoFi Stock Slips Ahead Of Robinhood Earnings: What To Know

Core Viewpoint - SoFi Technologies' stock is experiencing volatility following a recent earnings report that exceeded expectations, but profit-taking has led to a decline in share price. Financial Performance - SoFi reported fourth-quarter earnings of 13 cents per share, surpassing Wall Street's consensus of 12 cents, with revenue increasing to approximately $274 million year-over-year [2] - The management provided an optimistic outlook for 2026, projecting around 30% adjusted net revenue growth, 34% adjusted EBITDA margins, and approximately 60 cents in adjusted EPS [2] Market Reaction - The strong earnings guidance initially caused a sharp increase in share price, but subsequent profit-taking resulted in a pullback [3] Analyst Ratings - Citizens Financial Group issued an Outperform rating with a target price of $30, noting a 35% year-over-year growth in membership, nine consecutive quarters of GAAP profitability, and over $3 billion in incremental capital raised [4] Industry Context - The performance of Robinhood's earnings could impact sentiment for SoFi, as strong metrics from Robinhood may bolster confidence in SoFi's investing and banking segments, while weaker results could negatively affect the fintech sector [5] Technical Analysis - SoFi's stock is currently trading 12.4% below its 20-day simple moving average (SMA) and 21.8% below its 100-day SMA, indicating a challenging short-term outlook [6] - Despite this, shares have risen 40.69% over the past 12 months, positioning them closer to their 52-week highs, which may attract long-term investors [6] - The Relative Strength Index (RSI) is at 34.93, suggesting neutral momentum, while the MACD is below its signal line, indicating bearish pressure [6] Price Action - As of the latest data, SoFi shares were down 0.89% at $21.17, with key resistance identified at $22.50 and key support at $20.00 [8]