SoFi Technologies (SOFI) shares are slipping despite a billion-dollar quarter and positive guidance for 2026. The stock is down nearly 30% from its November high. Investors are concerned about dilution from a recent $1.5 billion capital raise, but CEO Anthony Noto believes it positions the company for long-term success in fintech.

Noto stated that the share sale improved tangible book value and will help SOFI grow through new products and strategic deals. The company’s use of AI and crypto offerings has attracted 1 million new members in Q4. Despite a high P/E ratio, the stock may be a good opportunity for long-term investors due to strong earnings growth.

SOFI’s relative strength index shows bearish momentum nearing exhaustion. Wall Street analysts believe the current weakness in SOFI is exaggerated. While the consensus rating remains “Hold”, the mean target price of $27.50 suggests a potential 20% upside from current levels.

Read more at Yahoo Finance: As SoFi Threatens to Break Below Its 200-Day Moving Average, Should You Buy the Dip in SOFI Stock?