TLDR
- SoFi stock jumped 6% on Monday, forming a “golden cross” technical pattern that previously led to a 140% rally
- Record Q1 earnings of $772 million beat estimates by $33 million, with adjusted EPS of 6 cents crushing the 3-cent forecast
- Options trading volume hit 253,000 contracts with a bullish put/call ratio of 0.54 showing investor confidence
- Stephens analyst initiated coverage with a Buy rating and $20 price target, citing the company’s “productivity loop” strategy
- Wall Street maintains a Hold rating with average price target of $15.69, representing 5.3% upside from current levels
SoFi Technologies stock climbed nearly 6% on Monday, extending a three-month rally that has brought the fintech company back into focus. The move came as shares formed a “golden cross” pattern, where the 50-day moving average crosses above the 200-day moving average.
This technical indicator has historically been bullish for SoFi. The last time the stock formed a golden cross, it rallied more than 140% afterward.
Monday’s gain helped SoFi recover from a rough start to 2025. While shares remain down about 3% year-to-date, the recent momentum has caught the attention of retail traders and technical analysts.
$SOFI first daily golden cross since October '24.
Last one triggered a +140% ripper. 🚀 pic.twitter.com/qFinXEdOq0
— TrendSpider (@TrendSpider) June 16, 2025
The rally traces back to SoFi’s first-quarter earnings report, which exceeded expectations across key metrics. The company posted record revenue of $772 million, beating Wall Street’s forecast of $738.98 million.
This represented a 20% increase from the same quarter last year. Fee-based revenue reached a record $315 million, up 67% year-over-year.
Strong Earnings Drive Investor Interest
Adjusted earnings per share came in at 6 cents, doubling Wall Street’s estimate of 3 cents. This marked a 200% surge from the previous year.
The results showcased growth across SoFi’s three main business segments: lending, banking, and wealth management. Investors have responded positively to the company’s expanding fintech ecosystem.
The strong financial performance has helped build confidence in SoFi’s business model. The company’s ability to cross-sell products to existing customers continues to drive growth.
Options Activity Shows Bullish Sentiment
Trading activity in SoFi options has been particularly active. The stock saw 253,000 contracts change hands, well above typical volumes.
The put/call ratio stood at 0.54, indicating more investors are betting on upside through call options. This suggests bullish sentiment among options traders.
Implied volatility has decreased, meaning traders expect less price swings in the near term. However, the put-call skew has steepened, showing some investors are still seeking downside protection.
The current stock price closed around $15.14. SoFi’s market capitalization now stands at $16.47 billion.
The stock’s average trading volume is 61,715,392 shares. Technical indicators currently show a buy signal for the stock.
Stephens recently initiated coverage on SoFi with a Buy rating. Analyst Kyle Joseph set a $20 price target, implying over 34% upside potential.
Joseph highlighted SoFi’s “productivity loop” strategy, where customers who use one product often sign up for additional services. He believes this approach will drive steady growth over time.
The analyst expects continued growth in members and products. Rising fee income and improved efficiency should support the stock’s valuation going forward.
Wall Street analysts maintain a Hold consensus rating on SoFi stock. The rating is based on six Buy recommendations, three Holds, and one Sell.
The average price target among analysts is $15.69. This represents about 5.3% upside potential from current trading levels.
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