SoFi ( (SOFI) ) has been popular among investors this week. Here is a recap of the key news on this stock.
SoFi Technologies is drawing mixed signals from the options market and Wall Street ahead of its July 29 earnings report. Cboe data show SoFi shares trading around $16.47 with options volume near average and calls outnumbering puts, but a steeper put‑call skew points to traders buying more downside protection. Implied volatility remains high, with options pricing in roughly a 50% chance of an earnings move larger than about 8.6%.
Analysts are cautiously constructive on SoFi, with Truist lifting its price target to $18 while maintaining a Hold rating, citing a strong fintech backdrop and expectations for solid Q2 results across the sector. Street estimates call for SoFi revenue of about $1.11 billion, slightly down year over year, but EPS rising to $0.11 from $0.08. Despite negative cash flow and rising credit losses, analysts highlight SoFi’s growing deposits, stronger balance sheet, and diversified banking and lending platform as drivers of longer‑term upside, with an average price target of $21.13 implying nearly 24% potential gains.
In the broader consumer fintech space, SoFi is often compared with Robinhood Markets, which currently enjoys a stronger bullish tilt from analysts thanks to robust trading activity and higher margins. While Robinhood is viewed as better positioned near term, many investors see greater upside in SoFi from current levels if it can reignite platform growth and improve cash generation. That setup makes SoFi’s upcoming earnings a key catalyst for stock watchers weighing high volatility against the company’s expanding digital bank franchise.