SoFi Technologies stock rose 1.8% today. Recent company developments include reporting fourth quarter 2025 results with record net revenue of 1.0 billion dollars, record adjusted EBITDA of 318 million dollars, and net income of 174 million dollars. The company reported 13.7 million members and 20.2 million products, both record figures. SoFi also announced a proposed offering of 750 million dollars in convertible senior notes due 2029, with plans to use proceeds for capped call transactions, redemption of preferred stock, and general corporate purposes. Earlier in February 2026, Bank of America cut its price target for SoFi to 20 dollars from 20.50 dollars, citing valuation concerns compared to peers. An insider transaction involved Director Steven Freiberg selling 94,225 shares valued at approximately 1.91 million dollars.
Read full analysisSoFi Technologies stock rose 1.8% today. Recent company developments include reporting fourth quarter 2025 results with record net revenue of 1.0 billion dollars, record adjusted EBITDA of 318 million dollars, and net income of 174 million dollars. The company reported 13.7 million members and 20.2 million products, both record figures. SoFi also announced a proposed offering of 750 million dollars in convertible senior notes due 2029, with plans to use proceeds for capped call transactions, redemption of preferred stock, and general corporate purposes. Earlier in February 2026, Bank of America cut its price target for SoFi to 20 dollars from 20.50 dollars, citing valuation concerns compared to peers. An insider transaction involved Director Steven Freiberg selling 94,225 shares valued at approximately 1.91 million dollars.
SoFi Technologies is a digital financial services company offering banking, lending, investing, and insurance products through its mobile app, positioning itself as a fintech alternative to traditional banks. The company reported record Q4 revenue exceeding $1 billion and recently acquired Wyndham Capital Mortgage to bolster its lending capabilities, but a $750 million convertible notes offering and mixed analyst sentiment have kept shares volatile since early February.