Sofi Technologies Inc Stock Price, News & Analysis

SoFi (NASDAQ: SOFI) has announced the rollout of Options Level 1 trading to its SoFi Invest members, offering commission-free and contract fee-free options trading. The new feature enables members to execute covered calls and cash-secured puts strategies, complementing existing Options Level 2 capabilities.

The platform includes built-in educational resources to help members understand options trading risks and strategies. SoFi plans to expand its offerings with additional options levels, IRA options trading, and zero-day expiration contracts. The company is also removing exercise and assignment fees to provide a more transparent trading experience.

This launch follows SoFi's recent expansion into private markets and alternative investments through partnerships with Fundrise, Cashmere, Liberty Street Advisors, and others, providing access to investments in companies like OpenAI, SpaceX, and Discord.

SoFi Technologies (NASDAQ: SOFI) has scheduled its Q3 2025 earnings conference call for October 28, 2025, at 8:00 AM ET. The financial services company will release its third quarter results on the investor relations website at approximately 7:00 AM ET the same day.

The conference call will be accessible via phone through pre-registration and through a webcast. A replay of the webcast will be available on SoFi's Investor Relations page after the event.

SoFi (NASDAQ: SOFI) has announced a multi-year partnership with 2024 NFL MVP Josh Allen, quarterback of the Buffalo Bills, to promote SoFi Plus, their premium financial membership program. The partnership will be featured in a campaign across major streaming platforms and national networks including NBC, ESPN, Amazon Prime Video, and YouTube.

SoFi Plus offers members over $1,000 in value, including up to 3.80% APY on SoFi Bank savings and a 1% match on recurring deposits into SoFi Invest accounts. The program provides comprehensive financial tools for banking, borrowing, investing, and earning, all integrated within a single app.

SoFi (NASDAQ: SOFI) has launched the SoFi Agentic AI ETF (NYSE Arca: AGIQ), a new exchange-traded fund tracking the BITA US Agentic AI Select Index. The ETF focuses on U.S. companies developing or utilizing agentic AI technologies, including notable holdings like Salesforce, Tesla, and NVIDIA.

The fund, with a gross expense ratio and management fee of 0.69%, will be managed by Tidal Investments LLC. AGIQ joins SoFi's existing ETF suite, which includes the SoFi Select 500 (SFY), Next 500 ETF (SFYX), Social 50 ETF (SFYF), and Enhanced Yield ETF (THTA). The index currently comprises 30 holdings across sectors like self-driving transportation, AI scheduling assistants, cybersecurity, and autonomous industrial machinery.

SoFi Technologies (NASDAQ: SOFI), a digital financial services platform, has announced its participation in the upcoming Goldman Sachs Communacopia & Technology Conference. CEO Anthony Noto will participate in a moderated fireside chat on September 8, 2025, at 3:45 PM PDT.

The presentation will be available via webcast, with an archived version accessible through the "Events & Presentations" section of SoFi's Investor Relations website at investors.sofi.com.

SoFi (NASDAQ: SOFI) has announced a partnership with Lightspark to launch blockchain-powered international money transfers through the Bitcoin Lightning Network. The service will enable 24/7 cross-border transfers directly from the SoFi app, offering lower fees compared to traditional remittance providers.

The technology utilizes Universal Money Address (UMA), converting U.S. dollars to Bitcoin in real-time for transfer, then instantly converting back to local currency in the recipient's account. The service will initially launch in Mexico later in 2025, with plans to expand to additional countries. SoFi will be among the first U.S. banks to offer blockchain-powered remittances, integrating the service within SoFi Checking & Savings.

SoFi Technologies (NASDAQ: SOFI) has announced the pricing of its public offering of 71,942,450 shares of common stock at $20.85 per share, aiming to raise approximately $1.5 billion in gross proceeds. The offering includes a 30-day option for underwriters to purchase up to an additional 10,791,367 shares.

The offering, expected to close on July 31, 2025, will be managed by Goldman Sachs, Citigroup, and Mizuho Securities USA as underwriters. SoFi plans to use the proceeds for general corporate purposes, including working capital and business opportunities.

SoFi Technologies (NASDAQ: SOFI) has announced a public offering of $1.5 billion of its common stock. The company plans to grant the underwriter, Goldman Sachs, a 30-day option to purchase up to an additional 15% of the offered shares.

The net proceeds from this offering will be used for general corporate purposes, including working capital and business opportunities. The offering will be conducted through an automatic shelf registration statement on Form S-3, with detailed information available in the prospectus supplement and base prospectus.

SoFi Technologies (NASDAQ:SOFI) reported exceptional Q2 2025 results with record-breaking performance across key metrics. The company achieved adjusted net revenue of $858 million (up 44% YoY), net income of $97 million, and adjusted EBITDA of $249 million (up 81% YoY).

Member growth accelerated to 11.7 million (up 34% YoY) with a record 850,000 new members added in Q2. Total products increased to 17.1 million (up 34% YoY). Fee-based revenue reached a record $377.5 million (up 72% YoY), driven by strong performance in the Loan Platform Business.

The company demonstrated strong financial health with improved credit performance, as personal loan charge-off rates decreased to 2.83%. Total deposits grew to $29.5 billion, with nearly 90% coming from direct deposit members. Based on these results, management raised its 2025 guidance.