SoFi Technologies Inc. (NASDAQ:SOFI) is capturing significant market attention this week as its momentum score surged from 39.06 to 63.72.
Momentum Spikes, Growth Remains Elite For SOFI
This rapid week-on-week improvement in its percentile ranking follows a flurry of high-impact news, including a landmark stablecoin settlement partnership with Mastercard Inc. (NYSE:MA) and a massive show of confidence from the company’s top leadership.
While SOFI‘s price trend is currently flagged as downward in the short and medium term, according to Benzinga Edge’s Stock Ranking, its growth ranking remains elite at 95.27, reflecting a robust expansion in earnings and revenue.
Strategic Crypto Integration
The momentum shift is largely attributed to SoFi’s aggressive expansion into digital asset infrastructure. The company recently announced that its U.S. dollar-pegged stablecoin, SoFiUSD, will now serve as a settlement option across Mastercard’s global payments network.
This integration allows for faster transaction settlements and cross-border remittances, positioning SoFi as a bridge between traditional banking and blockchain technology.
Additionally, a partnership with BitGo Holdings Inc. (NYSE:BTGO) will provide the necessary infrastructure to scale SoFiUSD distribution to institutional players
Insider Confidence And Growth Metrics
The technical recovery was further bolstered by CEO Anthony Noto, who purchased approximately $1 million of company stock.
Noto acquired 56,000 shares at an average price of $17.88, bringing his total ownership to over 11 million shares.
SOFI Tumbles In 2026
Despite being down 29.22% year-to-date, the stock has climbed 64.56% over the past year. Analysts currently maintain a “Buy” consensus with an average price target of $19.12, as per Benzinga.
While SOFI was also lower by 28.62% over the last six months, it closed 1.31% higher on Wednesday, and it was down 1.51% in premarket on Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Tada Images / Shutterstock
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