--- title: "Weekly Recap | SoFi Tech -4.49%, pullback leaves it near $18" type: "News" locale: "en" url: "https://longbridge.com/en/news/297390519.md" description: "SoFi Tech fell 4.49% this week to close at $18.06. The S&P 500 gained 0.49% over the same period, leaving the stock roughly 4.98 percentage points behind the benchmark. Day by day, the shares opened lower on Monday at $18.24, bounced to $19.00 on Tuesday, eased to $18.84 on Wednesday, and pushed to $19.18 on Thursday. Friday saw an intraday high of $19.495, a one-month peak, before selling off into the close at $18.06. The weekly range was 7." datetime: "2026-08-29T06:25:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297390519.md) - [en](https://longbridge.com/en/news/297390519.md) - [zh-HK](https://longbridge.com/zh-HK/news/297390519.md) generator: "portal-rs" --- # Weekly Recap | SoFi Tech -4.49%, pullback leaves it near $18 ## The Week SoFi Tech fell 4.49% this week to close at $18.06. The S&P 500 gained 0.49% over the same period, leaving the stock roughly 4.98 percentage points behind the benchmark. Day by day, the shares opened lower on Monday at $18.24, bounced to $19.00 on Tuesday, eased to $18.84 on Wednesday, and pushed to $19.18 on Thursday. Friday saw an intraday high of $19.495, a one-month peak, before selling off into the close at $18.06. The weekly range was 7.82%, with the week shaped as a rise followed by a late pullback. ## Key Events Position disclosures, options flow and management activity carried the week. On Monday, Patient Capital Management disclosed a stake worth about $27 million, and options data showed some call options from the prior Friday had surged 300%. On Tuesday, EVP Kelli Keough sold 11,286 shares for roughly $203,000, while some put options jumped 200%. The attention shifted midweek to CEO Anthony Noto’s confirmed appearance at the Goldman Sachs Communacopia & Technology Conference. The stock rose on Wednesday and Thursday, gaining 3% on Thursday and touching a one-month high into the close. Philadelphia Investment Partners disclosed a new $1.07 million position on Thursday. On Friday, the shares hit a one-month high of $19.495 in regular trading before fading late. There were no product, earnings or regulatory updates from the company this week; the tape was driven largely by filings and options sentiment. ## Analyst Ratings Coverage on SoFi Tech stands at 24 institutions: 5 rate it buy, 3 overweight, 12 hold, 2 underweight and 2 sell. The consensus rating is hold, with a consensus target price of $20.03, about 10.9% above the latest price of $18.06. Target prices range from $12.00 to $30.00, pointing to a wide spread of views. Within the consumer finance industry, the stock ranks second among 43 peers, against an industry average of 8 covering institutions and a median of 6. ## The Week Ahead Macro data dominates the coming week. Monday brings the Dallas Fed manufacturing activity index, Tuesday the S&P Global manufacturing PMI final, ISM manufacturing PMI and JOLTS job openings, and Wednesday ADP private payrolls, factory orders and EIA crude inventories. For a consumer finance name, JOLTS and ADP matter most because they feed expectations around consumer credit demand. There is also the possibility of follow-up commentary from the CEO’s Goldman conference appearance this week, where any Q&A details could extend the tape’s attention. ## In Short This week SoFi Tech was pushed around by options flow and position filings rather than company news. The consensus among analysts is neutral, and the consensus target sits 10.9% above spot, but the target range is wide and disagreement is visible. On the latest session, large-lot flow was a net buyer while medium-lot flow was a net seller, so direction is split. The stock failed to hold above $19.5 and settled near $18, leaving it close to both the 60-day moving average of $17.65 and the 20-day average of $18.34. The next question is whether the employment data gives consumer finance expectations a firmer direction, and whether the stock can keep testing the $18 area the way it did through this week. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SOFI.US](https://longbridge.com/en/quote/SOFI.US.md) - [SOFX.US](https://longbridge.com/en/quote/SOFX.US.md) - [SOFA.US](https://longbridge.com/en/quote/SOFA.US.md) ## Related News & Research - [Down 30% this year, is it finally time to buy SoFi stock?](https://longbridge.com/en/news/298816152.md) - [Where will SoFi stock be in 5 years?](https://longbridge.com/en/news/298811409.md) - [Toro 18 Holdings disposes of 130,000 Universal Electronics shares worth $603,625.01](https://longbridge.com/en/news/298769973.md) - [Carel Industries (BIT:CRL) Stock May Be Rich Despite Its 18% Three Year Return](https://longbridge.com/en/news/298839477.md) - [Merito Partners’ Kalēju 18/20 fund distributes €1 million profit at 30% IRR](https://longbridge.com/en/news/299278223.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**