New York, February 19, 2026, 07:38 ET — Premarket
- SoFi ticked up about 0.2% before the bell, trading near $19.54.
- Truist Securities stuck with its hold rating and trimmed the price target to $21, down from $28.
- A Form 144 filing showed an intention to sell 25,420 shares tied to restricted stock vesting.
SoFi Technologies nudged up 0.2% to $19.54 in premarket trade Thursday, though Truist Securities cut its price target to $21 from $28 and kept a “hold” call on the stock. A price target is basically an analyst’s estimate for the shares over the next year. (Benzinga)
The number itself isn’t the story here. It’s the signal behind the action. SoFi has turned into a sentiment barometer lately, jumping up or down on the smallest shifts in analyst forecasts—moves sometimes hitting before the opening bell.
That’s the setup. Investors are now trying to figure out how fast SoFi can widen its reach past core lending—balancing that against the need to control funding costs and hold back any rise in credit losses.
Elsewhere, a Form 144 filing shows SoFi’s Chief Risk Officer Arun Pinto is eyeing a sale of up to 25,420 shares, possibly as early as February 18, using Fidelity Brokerage Services. The filing serves as a notice of intent under SEC Rule 144, not proof the sale has happened. Pinto received the shares as part of vested restricted stock on February 17, according to the document. The same form notes he offloaded 6,569 shares back in December. (Stock Titan)
The company’s Form 10-K annual report landed on the SEC’s website February 17, detailing results for the year ended December 31, 2025. With fresh audited numbers and updated risk sections, investors get their first look at the full story. (SEC)
SoFi crossed the $1 billion mark in net revenue last quarter, notching up roughly $174 million in net income—the first time it’s broken that revenue barrier. CEO Anthony Noto highlighted the milestone, noting SoFi had posted “more than $1 billion in quarterly revenue for the first time in our history.” (SEC)
SoFi mixes lending, deposits, and a wider array of financial services into its consumer finance approach. It brings in additional revenue by selling technology services through its various platform units. Bulls highlight SoFi’s push for more fee-based income. But skeptics keep circling back to the risks tied to the credit cycle.
After the Truist call, traders are watching for any pickup in momentum, with fresh insider-sale filings possibly dragging more on prices than the market seems to be pricing in so far.
Even so, the bearish scenario isn’t complicated. If funding costs spike faster than expected or consumer credit trends worsen, SoFi’s earnings leverage could work against it. The stock’s volatility tends to exaggerate whatever happens.
First-quarter results drop May 4, 2026, according to Investing.com’s earnings calendar. (Investing)
