SoFi Rises 3.25% to 22.69 But Slides to 35th in 2.77 Billion Volume Amid 1.5 Billion Share Sale Fears

On July 31, 2025, SoFi Technologies (SOFI) closed at $22.69, rising 3.25% with a trading volume of $2.77 billion, down 29.38% from the prior day. The stock ranked 35th in market activity, reflecting mixed investor sentiment amid recent corporate moves.

SoFi announced a $1.5 billion public offering of common shares, triggering immediate price declines and concerns over potential dilution. Despite strong second-quarter results—44% revenue growth and raised full-year guidance to $3.38 billion—analysts highlighted risks from equity issuance. Deutsche Bank and Mizuho raised price targets to $21 and $26, respectively, citing momentum in mortgage lending and broader product adoption.

Earnings estimates for SoFi have improved, with adjusted net income surging 1,135% year-over-year. The company’s membership grew to 11.7 million by June, a 17% annual increase, while deposits reached $30 billion. However, analysts caution that maintaining high growth rates may become challenging amid market saturation and economic uncertainties.

A backtested strategy of purchasing the top 500 stocks by daily volume and holding for one day returned 166.71% from 2022 to July 31, 2025, outperforming the benchmark S&P 500’s 29.18% gain. This outperformance was attributed to liquidity-driven momentum, as seen in stocks like SoFi during periods of high trading activity. However, the strategy’s reliance on short-term liquidity dynamics suggests its efficacy could diminish if market conditions shift significantly.