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Summary
SoFi (SOFI) closed at $15.09 on October 15, 2026, up 6.12%, on volume 39.60% above average.
No fetched source named a company-specific cause; the stock reversed higher after touching a 52-week low of $13.86.
Even after the rebound, SOFI sits 53.90% below its 52-week high of $32.73.
Gotrade News - SoFi Technologies (SOFI) closed at $15.09 on Thursday, October 15, 2026, up $0.87 (+6.12%) in a session that started at a fresh 52-week low. The latest SoFi stock news offers no single catalyst: the fetched coverage ties the bounce to the stock reversing off that low one day after a 6.7% drop to $14.22, not to a company announcement.
SOFI Trading Data
Data
Value
Closing price
$15.09
Change
+$0.87 (+6.12%)
Previous close
$14.22
Open
$13.89
Day range
$13.86 to $15.13
Volume
62.8 million shares
30-day average volume
45.0 million shares
52-week range
$13.86 to $32.73
Market cap
$18.4 billion
Regular-session close on Thursday, October 15, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against Nasdaq's official close. Indices, the 10-year Treasury yield and oil (Brent and WTI front-month futures): Yahoo Finance daily closes for the same date.
SoFi opened at $13.89, below the previous close of $14.22, and touched a day low of $13.86, which is also its 52-week low. Buyers then took the stock to a day high of $15.13, and it closed at $15.09, $1.23 above the day's low and just under the session high.
Volume reached 62.8 million shares against a 45.0 million share average, or 39.60% above normal. The gain outpaced the Nasdaq Composite, which rose 0.08% to 26,713.03, by 6.04 percentage points, while the S&P 500 added 0.33% to 7,744.06 and the Dow Jones Industrial Average gained 1.08% to 52,177.69. The US 10-year Treasury yield ended the session at 5.09%, down 10.1 basis points.
Other fintech names also rose. Coinbase (COIN) gained 6.32% to $183.81 and Robinhood (HOOD) rose 2.88% to $103.99. Even after the rebound, SoFi sits 53.90% below its 52-week high of $32.73 and only 8.87% above its 52-week low.
No fetched source names a company-specific reason for Thursday's gain, and SoFi issued no new release tied to the move. According to Schaeffer's Investment Research, SoFi was "exempt from the AI struggles" weighing on parts of the market on October 15, hitting its 52-week low of $13.86 early in the session before reversing higher. The firm noted the stock was still down 44.3% year to date.
The rebound followed a heavy Wednesday. As reported by Stocktwits, SoFi posted its steepest single-day drop since July on October 14 after Goldman Sachs revised its view on the stock. The same report cited broader macroeconomic pressure, weakness in the banking sector and a recent increase in benchmark interest rates as headwinds.
Per 24/7 Wall St., StoneX analyst Mark Palmer said the shares "lagged because its earnings didn't keep up with its revenue growth in the first half of 2026."
SOFI Stock Analysis: Supporting Factors and Risks
Supporting Factors
Second-quarter 2026 revenue came in at $1.22 billion, 8.24% above estimates, and full-year adjusted net revenue guidance was raised to $4.75 billion to $4.85 billion, according to 24/7 Wall St.
Loan originations hit a record of about $14.80 billion, up 69%, with deposits at $45.5 billion, per the same report.
Personal loan charge-offs improved to 2.62% from 2.83%, a sign of steadier credit quality in the quarter.
Risks
Technology Platform revenue fell 23% after a large client left, and management now assumes a 22% tax rate, roughly 700 basis points above its original plan, according to 24/7 Wall St.
Short interest rose 21% over the two most recent reporting periods as the stock weakened, Schaeffer's reported.
Stocktwits pointed to rising benchmark interest rates and banking-sector weakness as continuing pressure on the company.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms registered with Kominfo (Indonesia's Ministry of Communication and Informatics). His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
