Despite the strong earnings report, Meta announced an increase in its 2026 capital expenditures (capex) forecast to between $125 billion and $145 billion. This decision raised concerns about future profitability as the company also plans to cut 8,000 workers, or 10% of its workforce, to offset investments.

Key statistics:

• Meta’s EPS would have been $7.31 without an $8 billion one-time tax benefit.
• The overall expenses for Meta are projected to reach between $162 billion and $169 billion for the year.
• The number of daily active users increased by 4% to 3.56 billion as of March.

Oppenheimer analysts noted that while Meta is likely to report strong revenue growth, higher compute costs for its AI models could limit profit upside. They stated that “Meta is likely to report strong revenue growth, but said that the company faces limited profit upside as higher compute costs for Meta’s AI models could offset the revenue gains.”

All 20 analysts tracked by Visible Alpha rate Meta stock as a “buy” with an average price target of $865. However, Meta’s stock has shown volatility in the past; it moved more than 10% following earnings in three of the last four quarters.

Meta’s headcount stood at 77,986 as of March 31. The company’s strategy reflects expectations for higher component pricing this year and additional data center costs to support future capacity.

The next steps for Meta will involve managing these increased expenses while trying to maintain user growth and investor confidence amidst ongoing market fluctuations.

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“SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities,” a market analyst noted, highlighting the company’s evolution in the financial services sector. This growth comes as SoFi Technologies, Inc. continues to attract attention from both retail and institutional investors.

Recent reports indicate that Moors & Cabot Inc. has reduced its holdings in SoFi Technologies by 5.2% during the third quarter of 2026. Following this adjustment, Moors & Cabot now owns 654,397 shares of SoFi, having sold 35,617 shares in the process. This reduction positions SoFi as the 23rd largest holding in their portfolio, accounting for approximately 0.8% of their total investments.

As of March 17, 2026, SoFi Technologies boasts a market capitalization of $22.48 billion, with a price-to-earnings (PE) ratio of 46.40. The stock has experienced a 12-month low of $8.60 and a high of $32.73, reflecting significant volatility in its trading history. In the most recent quarter, SoFi reported earnings per share (EPS) of $0.13, surpassing the consensus estimate of $0.12 by $0.01, while revenue reached $1.01 billion, exceeding expectations of $984.75 million.

Institutional investors currently hold 38.43% of SoFi Technologies’ stock, indicating a substantial level of interest from larger financial entities. Analysts have given SoFi an average rating of ‘Hold’, with a target price set at $26.34, suggesting a cautious but optimistic outlook for the stock’s future performance.

In addition to the adjustments made by Moors & Cabot, other institutions such as SJS Investment Consulting Inc. and Salomon & Ludwin LLC have also been active in managing their positions in SoFi. The stock’s recent performance and the company’s strategic initiatives have drawn attention from various analysts, including those from Truist Financial and UBS Group.

“The stock was acquired at an average cost of $21.04 per share, for a total transaction of $105,200.00,” reported one investor, reflecting the ongoing trading activity surrounding SoFi shares. Another transaction noted was the acquisition at an average cost of $19.93 per share, totaling $99,650.00, further underscoring the interest in the stock despite recent fluctuations.

As SoFi Technologies continues to expand its offerings and customer base, the company has added record new customers in the fourth quarter, a sign of its growing influence in the financial technology landscape. The firm has set its Q1 2026 guidance at 0.120 EPS and its full-year guidance at 0.600 EPS, indicating a positive outlook for upcoming financial results.

With the stock’s performance being closely monitored by analysts and investors alike, the next expected developments will likely revolve around SoFi’s ability to maintain its growth trajectory and meet its financial targets in the coming quarters. The market remains attentive to how these factors will influence SoFi’s stock performance moving forward.

The post SoFi Stock: Recent Developments and Market Position appeared first on Rapidcel News.