SoFi Technologies stock gains fresh backing from ARK purchase
Published on 11/10/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSARK Adds To SoFi Position
- ARK Investment Management bought SoFi shares worth about 6.8 million US dollars through two exchange-traded funds.
- The purchase adds an institutional buying signal after SoFi's strong third-quarter results and higher 2026 guidance.
- Analyst views remain mixed, leaving valuation and execution as key issues for investors.
ARK Investment Management bought about 6.8 million US dollars of SoFi Technologies shares, according to a StockTwits report published by Yahoo Finance on Tuesday, November 10, 2026. The purchases were made through the ARK Innovation ETF and the ARK Blockchain and Fintech Innovation ETF.
ARK Expands Its SoFi Exposure
ARK Innovation ETF bought 362,911 SoFi shares worth about 6.1 million US dollars. The ARK Blockchain and Fintech Innovation ETF added another 42,809 shares valued at approximately 717,100 US dollars.
The purchases give SoFi a fresh institutional demand signal after the company reported record third-quarter results. SoFi raised its 2026 adjusted net revenue outlook to 5.04 billion US dollars and introduced a 2027 outlook of approximately 6.4 billion US dollars, according to the company's third-quarter release.
Mixed Signals For Investors
The ARK transactions contrast with the mixed sentiment described in the StockTwits report. Some retail investors remained bearish, while the report cited a 12-month average price target of 20.84 US dollars from Koyfin and a split analyst view across buy, hold and sell ratings.
SoFi Technologies stock traded at 14.87 euros on Lang & Schwarz at 13:47 CET on Tuesday, November 10, 2026.
SoFi Technologies Market Facts
- Company: SoFi Technologies, Inc.
- ISIN: US83406F1021
- Trading venue: Lang & Schwarz
- Quote: 14.87 euros on November 10, 2026, at 13:47 CET
- Previous quote: 14.96 euros
- Institutional transaction: ARK bought about 6.8 million US dollars of SoFi shares
The S&P 500 provides the relevant broader market backdrop for US-listed financial technology shares.
