SOFI
SoFi Technologies, Inc.
SOFI has the edge over VOYA overall, supported by stronger valuation and stronger fundamentals.
VOYA
Voya Financial, Inc.
VOYA has lower modeled downside risk, despite its lower overall score.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
VOYA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
VOYA's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like VOYA.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI has the edge over VOYA in the historical PE scenario, which offers more potential upside but is not a forecast.
VOYA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.7x | $47.81 | -53% |
| Forward | 9.4x | $102 | — |
| Fair | 12x | $73.20 | -28% |
| Expensive | 15x | $93.42 | -8.6% |
| Current | 16x | $102 | — |
Historical ranges are pointers, not guarantees.
VOYA's PE is in its expensive range at 16x. If earnings grow as analysts expect, today's price would be 9.4x next year's earnings, in its cheap range.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
SOFI has the edge over VOYA on the outlook, with more favorable revenue expectations.
VOYA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect VOYA's earnings to grow and its profitability to improve, with its revenue holding steady.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI earned $0.56 per share over the past year, about the same as the year before.
VOYA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.92 | +76% |
| Q3 2026 | $6.22 | +6% |
| Q2 2026 | $5.93 | +17% |
| Q1 2026 | $6.62 | +24% |
| Q4 2025 | $6.29 | +1.9% |
| Q3 2025 | $5.87 | -6.4% |
| Q2 2025 | $5.05 | -33% |
| Q1 2025 | $5.35 | -24% |
| Q4 2024 | $6.17 | +14% |
VOYA's earnings per share have fallen from their peak: $6.22 over the past year, against $16.61 in late 2021.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI has the edge over VOYA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI has the edge over VOYA on profitability, with a higher operating margin.
VOYA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | -4.8% |
| Q2 2026 | $1.9B | -4.3% |
| Q1 2026 | $2B | +3.1% |
| Q4 2025 | $2.1B | +5% |
| Q3 2025 | $2.1B | +8.8% |
| Q2 2025 | $2B | -2.6% |
| Q1 2025 | $2B | -4% |
| Q4 2024 | $2B | +11% |
VOYA's revenue fell from its 2021 peak and has held roughly level since: $2B last quarter, down 4.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -0.3 points |
| Q2 2026 | 1.8% | -7.7 points |
| Q1 2026 | 11% | +2.5 points |
| Q4 2025 | 8% | +2 points |
| Q3 2025 | 14% | +8.5 points |
| Q2 2025 | 9.5% | -4.1 points |
| Q1 2025 | 8.8% | -5.2 points |
| Q4 2024 | 6% | +0.4 points |
VOYA's operating margin was 14% last quarter, about level with the same quarter a year ago.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
VOYA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $644M | +283% |
| Q2 2026 | $503M | -32% |
| Q1 2026 | -$36M | +$143M |
| Q4 2025 | $557M | +605% |
| Q3 2025 | $168M | -77% |
| Q2 2025 | $742M | +135% |
| Q1 2025 | -$179M | -177% |
| Q4 2024 | $79M | -78% |
VOYA has the edge over SOFI on cash generation, producing positive trailing cash flow while its opponent burns cash.
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has 1.4B diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
VOYA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -5.2% | -5.1M shares |
| 3 years | -15% | -16.1M shares |
| 5 years | -25% | -30.1M shares |
| Available history | -37% | -54.7M shares |
VOYA has the edge over SOFI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100M |
| Q2 2026 | $150M |
| Q1 2026 | $150M |
| Q4 2025 | $100M |
| Q3 2025 | $100M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $120M |
VOYA spent $500M buying back its own shares over the past year, up 127% from the year before.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SOFI.
VOYA Net Leverage
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
VOYA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.9 | Neutral |
| Stochastic | 55.4 | Neutral |
VOYA's weekly RSI is 65 (neutral) and its Stochastic is 55 (neutral).
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
VOYA PE vs Financial Services Sector
| Metric | VOYA | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 26% above |
| PE % | 91 | 63 | 28 pts above |
VOYA has the edge over SOFI on valuation relative to its sector.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.
VOYA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.2 | 5.2% above |
| 20 week MA | $99.0 | 3.3% above |
| 50 week MA | $85.5 | 20% above |
| 100 week MA | $77.6 | 32% above |
| 200 week MA | $74.9 | 37% above |
VOYA has the edge over SOFI on trend strength, trading above more of its moving averages.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.
VOYA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.5 | $57.4 | -5.1% |
| 2021 | $57.4 | $67.6 | +18% |
| 2022 | $67.6 | $61.9 | -8.5% |
| 2023 | $61.9 | $73.0 | +18% |
| 2024 | $73.0 | $68.6 | -6% |
| 2025 | $68.6 | $75.1 | +9.5% |
| 2026 YTD | $75.1 | $102.2 | +36% |
VOYA has the edge over SOFI on returns for 2026, with the stronger performance.