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SoFi Technologies shares rise as investors position for Q3 earnings

Investivoq PriceTracker

SoFi Technologies (SOFI) is up 4.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver looks like growing optimism ahead of SoFi’s October 27, 2026 third-quarter earnings report, especially after the company posted strong second-quarter profitability and product growth. This could also be a rebound move after recent pressure on the stock, helped by a fresh bullish initiation last week. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2026/SoFi-Schedules-Conference-Call-to-Discuss-Q3-2026-Results/default.aspx?utm_source=openai))

Details:

  • SoFi has already scheduled its Q3 2026 earnings call for October 27, which can draw speculative buying as investors position for a report. ([investors.sofi.com](https://investors.sofi.com/news/news-details/2026/SoFi-Schedules-Conference-Call-to-Discuss-Q3-2026-Results/default.aspx?utm_source=openai))
  • In Q2 2026, SoFi reported GAAP net income of $156.6 million, diluted EPS of $0.12, and nearly 24.4 million total products, suggesting the business entered the quarter with solid momentum. ([investors.sofi.com](https://investors.sofi.com/financials/quarterly-results/?utm_source=openai))
  • A new Buy initiation last week argued that the share-price decline had created a more attractive setup and highlighted record operating progress, which may still be supporting sentiment. ([tipranks.com](https://www.tipranks.com/news/stonex-assigns-sofi-stock-a-buy-rating-ahead-of-q3-earnings-heres-whats-driving-the-optimism?utm_source=openai))
  • Another possible factor is a relief bounce after a recent price-target cut tied to capital-consumption concerns, with traders reassessing whether those worries had become overdone before earnings. ([investing.com](https://www.investing.com/news/analyst-ratings/keefe-bruyette-cuts-sofi-stock-price-target-on-capital-concerns-93CH-4944728?utm_source=openai))

    • Sources:

    SoFi Investor Relations, SEC, StockAnalysis, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $SOFI Insider Trading Activity

    SOFI Insider Trades

    $SOFI insiders have traded $SOFI stock on the open market 10 times in the past 6 months. Of those trades, 1 have been purchases and 9 have been sales.

    Here’s a breakdown of recent trading of $SOFI stock by insiders over the last 6 months:

    • JEREMY RISHEL (Chief Technology Officer) has made 0 purchases and 2 sales selling 120,747 shares for an estimated $2,141,666.
    • KELLI KEOUGH (EVP, GBUL, SIPS) has made 0 purchases and 6 sales selling 63,176 shares for an estimated $1,098,315.
    • ANTHONY NOTO (Chief Executive Officer) purchased 13,888 shares for an estimated $250,786
    • ROBERT S LAVET (General Counsel) sold 1,188 shares for an estimated $20,844

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $SOFI Hedge Fund Activity

    We have seen 484 institutional investors add shares of $SOFI stock to their portfolio, and 389 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • D. E. SHAW & CO., INC. removed 24,045,850 shares (-62.1%) from their portfolio in Q2 2026, for an estimated $431,142,090
    • GOLDMAN SACHS GROUP INC added 22,675,109 shares (+180.9%) to their portfolio in Q2 2026, for an estimated $406,564,704
    • QUBE RESEARCH & TECHNOLOGIES LTD removed 16,799,087 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $301,207,629
    • JANE STREET GROUP, LLC removed 16,542,013 shares (-91.8%) from their portfolio in Q2 2026, for an estimated $296,598,293
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 7,280,268 shares (+inf%) to their portfolio in Q2 2026, for an estimated $130,535,205
    • SUSQUEHANNA INTERNATIONAL GROUP, LLP added 5,466,002 shares (+114.6%) to their portfolio in Q2 2026, for an estimated $98,005,415
    • DEFIANCE ETFS, LLC removed 5,353,132 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $95,981,656

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $SOFI Price Targets

    Multiple analysts have issued price targets for $SOFI recently. We have seen 7 analysts offer price targets for $SOFI in the last 6 months, with a median target of $21.0.

    Here are some recent targets:

    • Michael Ng from Goldman Sachs set a target price of $21.0 on 07/09/2026
    • Matthew Coad from Truist Securities set a target price of $17.0 on 05/12/2026
    • Peter Christiansen from Citigroup set a target price of $30.0 on 05/04/2026
    • Kyle Peterson from Needham set a target price of $25.0 on 04/30/2026
    • Kyle Joseph from Stephens & Co. set a target price of $25.0 on 04/30/2026
    • Moshe Orenbuch from TD Cowen set a target price of $18.0 on 04/30/2026
    • Tim Chiodo from UBS set a target price of $21.0 on 04/30/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.