SoFi Stock: Insider Buys, Analyst Targets, and a New Acquisition

TLDR

• SoFi acquired Peach Finance, a loan management software firm, adding it to its Technology Solutions division alongside Galileo and Technisys.
• This is SoFi’s third acquisition in 2026, following Composer and UK FinTech PrimaryBid.
• Q1 2026 revenue hit $1.09 billion, up 42.6% year over year, beating estimates; EPS of $0.12 met expectations.
• SOFI stock opened at $15.62, well below its 12-month high of $32.73; consensus analyst rating is Hold with an average target of $22.56.
• CEO Anthony Noto bought $500K worth of stock in March, while CTO Jeremy Rishel sold over $1.6 million in the same period.

SoFi Technologies has acquired Peach Finance, a loan management and servicing software company founded in 2018. The deal adds another piece to SoFi’s growing enterprise technology stack.

SoFi Technologies, Inc., SOFI

Financial terms were not disclosed. Peach had raised around $35.8 million in total funding, with its last round being a $10.3 million Series B in October 2024.

Peach will join SoFi Technology Solutions, the division that houses Galileo and Technisys. Those two were also acquired by SoFi in prior years.

This is SoFi’s third acquisition of 2026. The company also bought Composer and UK FinTech PrimaryBid earlier this year.

SoFi also launched its Big Business Banking division earlier this month, targeting enterprise partners handling both fiat and digital asset banking.

The acquisition streak points to a clear shift. SoFi is moving beyond its consumer lending roots toward infrastructure and enterprise banking technology.

SOFI stock opened at $15.62 on Tuesday. That’s a long way from its 52-week high of $32.73, though it sits above the 52-week low of $12.74.

The 50-day moving average is $16.74 and the 200-day is $21.93. The market cap stands at $20.04 billion.

Q1 Earnings Beat on Revenue

SoFi reported Q1 2026 earnings on April 29. Revenue came in at $1.09 billion, topping analyst estimates of $1.05 billion and up 42.6% from the same quarter last year.

EPS of $0.12 matched the consensus estimate. That compares to $0.06 EPS in Q1 2025. The company set FY 2026 EPS guidance at $0.60.

Return on equity was 6.25% and net margin was 14.65%. Analysts expect full-year EPS of $0.59.

Insider Activity and Analyst Outlook

CEO Anthony Noto purchased 28,900 shares at $17.32 each on March 17, totaling around $500,548. He now directly owns over 11.7 million shares.

CTO Jeremy Rishel sold 94,958 shares at $17.43 on March 18, taking in roughly $1.66 million. His position dropped by about 10%.

Analysts are largely on the fence. TD Cowen, Wells Fargo, UBS, and Goldman Sachs all hold neutral or equivalent ratings. Several trimmed their price targets after Q1 earnings.

The consensus rating is Hold with an average target price of $22.56 — well above where the stock is currently trading.

Institutional ownership sits at 38.43%. Parkside Investments LLC cut its SOFI position by 13.4% in Q4, selling 40,175 shares. Its remaining stake was valued at $6.79 million.

Seven analysts rate the stock Buy, eleven Hold, and three Sell.

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