SoFi Technologies Inc (NASDAQ:SOFI) shares are dropping on Friday. The company is giving back early gains after the it initially jumped on stronger‑than‑expected fourth‑quarter results.

The company posted earnings of 13 cents per share, slightly above the 12 cents consensus estimate. Revenue also climbed sharply, rising $273.72 million from the same quarter a year ago.

SoFi Reports Strong Guidance

Looking ahead to full‑year 2026, SoFi expects to grow total members by at least 30% year-over-year and generate about $4.655 billion in adjusted net revenue, which also represents roughly 30% growth.

Management is forecasting adjusted EBITDA of around $1.6 billion, implying a margin of about 34%. Adjusted net income is expected to reach roughly $825 million, or an 18% margin, with adjusted EPS projected at approximately 60 cents.

For the first-quarter of 2026, SoFi expects to bring in roughly $1.04 billion in adjusted revenue, generate about $300 million in adjusted EBITDA, earn around $160 million in adjusted net income and deliver adjusted earnings of approximately 12 cents per share.

Friday's pullback appears to reflect profit‑taking after the initial post‑earnings pop, which is a common reaction for stocks that have rallied heading into results.

What Do Analysts Have To Say?

SoFi Technologies has seen a general increase in price target estimates from various analysts recently. Notably, on Jan. 6th, Barclays maintained an Equal-Weight rating on SoFi but raised its price target to $28, up from the previous figure of $23. On the same day, Goldman Sachs kept its Neutral rating while adjusting its price target down to $24 from an earlier target of $27.

In the preceding months, other key actions included Truist Securities maintaining a Hold rating on SoFi but revising its target price. On Nov. 25th, it set the target at $28, down from $31 on Nov. 4th. Earlier, on Oct. 30th, UBS also maintained a Neutral rating, but significantly increased the target from $20.50 to $27.50.

SOFI Price Action: SoFi shares were down 5.95% at $22.92 at the time of publication on Friday, according to Benzinga Pro.

Image: Shutterstock