SOFI Stock Edges Higher As Q1 Earnings Loom — Will This Be The Catalyst To Undo 2026 Plunge?

• The financial technology company is slated to post its Q1 earnings results on Wednesday. 
• Wall Street analysts expect SoFi to post 36% growth in quarterly revenue to $1.05 billion and a doubling of earnings per share. 
• Retail traders on Stocktwits are bullish on the company, pinning hopes on the fintech’s upcoming results.

SoFi Technologies Inc. (SOFI) is garnering retail attention ahead of its first-quarter (Q1) earnings results due on Wednesday, with message volumes on Stocktwits up more than 85% over the past day.

The San Francisco, California-based financial technology company has had a tough year, tumbling more than 33% amid a harsh short-seller report and a slew of price target cuts.

Retail traders, however, are bullish on the company, pinning hopes on the fintech’s upcoming results.

What To Expect From SoFi’s Q1 Results

Wall Street analysts expect SoFi to post 36% growth in quarterly revenue to $1.05 billion, according to Fiscal.AI. Consensus estimates also expect earnings per share to double year-on-year to $0.12, although lower compared to the fourth quarter of 2025.

In the previous quarter, SoFi Technologies reported a historic quarterly revenue above $1 billion that the company attributed to a combination of scale, innovation, and profitability positions.

One bullish user said bears should be scared in light of the company’s previous earnings, adding, “As a logical standpoint I think more chance of it going up than down.  I could never tell what price it will be tomorrow but I feel [rocket emoji] to the upside...  Triple beat imo.”

Another bullish user said they felt good about the company’s earnings, especially in light of Robinhood’s weakness. “If that tech platform starts performing that could be massive. I am sure both of those funds raises last year wont be collecting dust on the shelf,” the user added.

Investors are likely to look out for any statements from the company about the recent allegations from Muddy Waters Research regarding its loan accounting practices. The company’s growth in its technology platform and financial services fees will also be worth noting.

Short-Seller And Street Concerns

SoFi has been under pressure since Muddy Waters Research announced a short position in the company in March, alleging that it is a “financial engineering treadmill” rather than a healthily growing loan-origination business. The short-seller claimed that SoFi had about $312 million in unrecorded debt which was represented as loan sales.

The firm’s CEO, Carson Block, separately accused SoFi of using "Enron-esque" accounting to inflate profits, calling it a “gray zone.” SoFi, however, pushed back against the claims, saying that the report showed the firm did not understand its financial disclosures and operations.

Recently, SOFI stock has also drawn attention from Wall Street analysts. Last week, Truist lowered the price target on SoFi Technologies to $20 from $21 and kept a ‘Hold’ rating on the shares. Earlier this month, Bank of America analyst Mihir Bhatia also slashed the company’s price target to $18 from $20 and kept an ‘Underperform’ rating on the shares, citing revised estimates for a number of consumer finance companies, lower market multiples, and higher macro uncertainty.

However, data from Koyfin show that the 12-month average price target for the company is $23.48, based on 24 analysts covering the stock, indicating an upside potential of nearly 28% relative to its last closing price. Eight analysts have a ‘Buy’ or higher rating on SOFI stock, while 12 have a ‘Hold’ rating. Four of the analysts have a ‘Sell’ or lower rating.

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