SoFi Technologies (NASDAQ:SOFI) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

SoFi Technologies (NASDAQ:SOFI) posted its quarterly earnings data on Tuesday. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01, Zacks reports. SoFi Technologies had a net margin of 15.60% and a return on equity of 6.89%. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the company posted $0.11 EPS. SoFi Technologies’s revenue was up 44.4% on a year-over-year basis.

Here are the key takeaways from SoFi Technologies’ conference call:

• SoFi raised its 2026 guidance to $5.04 billion in adjusted net revenue, $1.66 billion in adjusted EBITDA, and $0.61 in adjusted EPS. Management also introduced preliminary 2027 guidance for $6.4 billion of revenue, $2.24 billion of EBITDA, and $0.90 of EPS.
• Member and product growth remained strong, with members up 35% year over year to 17.1 million and products up 44% to 26.7 million. Products per member rose to 1.56, while fee-based revenue increased to 42% of total revenue, supporting SoFi’s diversification strategy.
• Lending demand and credit performance were favorable, including record $16.9 billion of total originations, a 6.14% net interest margin, and personal-loan net charge-offs improving to 3.4%. Management said 2027 growth will increasingly include home loans, student-loan refinancing, and the capital-light Loan Platform Business.
• Management said planned 2027 growth can be funded organically without a capital raise, supported by $9.6 billion of equity capital, a 17% total capital ratio, and expected earnings growth. The company also reported effective hedging against more than $800 million of fair-value losses from rate movements.
• Technology Platform revenue declined roughly 20% to 24% year over year because of the previously disclosed transition of a large client, although revenue excluding that client grew 18%. SoFi Plus membership growth also fell short of expectations in Q3 due to fraud-related issues, despite management maintaining its goal of reaching 1 million subscribers.

SoFi Technologies Trading Down 4.8%

NASDAQ SOFI traded down $0.85 on Friday, reaching $16.76. The company had a trading volume of 64,144,336 shares, compared to its average volume of 55,028,680. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.74 and a quick ratio of 0.10. The business has a 50 day moving average of $16.58 and a two-hundred day moving average of $17.89. SoFi Technologies has a fifty-two week low of $13.86 and a fifty-two week high of $32.73. The firm has a market cap of $21.65 billion, a price-to-earnings ratio of 30.47, a P/E/G ratio of 1.05 and a beta of 2.25.

Insider Activity at SoFi Technologies

In related news, CTO Jeremy Rishel sold 18,624 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $17.50, for a total value of $325,920.00. Following the sale, the chief technology officer owned 912,650 shares in the company, valued at $15,971,375. This represents a 2.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kelli Keough sold 11,286 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $18.00, for a total transaction of $203,148.00. Following the transaction, the executive vice president directly owned 356,442 shares of the company’s stock, valued at $6,415,956. This trade represents a 3.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 50,316 shares of company stock worth $852,605 over the last three months. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SOFI shares. Truist Financial reduced their price objective on shares of SoFi Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a research note on Friday, October 23rd. The Goldman Sachs Group set a $15.00 price objective on shares of SoFi Technologies in a report on Tuesday, October 13th. Mizuho reduced their target price on SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Piper Sandler began coverage on shares of SoFi Technologies in a report on Monday, August 17th. They issued an “overweight” rating and a $22.00 price objective for the company. Finally, TD Cowen raised their target price on shares of SoFi Technologies from $17.50 to $18.00 and gave the stock a “hold” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, SoFi Technologies currently has a consensus rating of “Hold” and an average price target of $21.23.

Trending Headlines about SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

• Positive Sentiment: Strong earnings and raised outlook: SoFi reported its sixth consecutive earnings beat, with third-quarter revenue up 44% year over year to $1.37 billion and EPS of $0.18 versus the $0.17 consensus. Adjusted EBITDA reached a record $470 million, and management issued 2027 guidance above Wall Street expectations, including approximately $6.4 billion in revenue and $0.90 in EPS. SoFi Technologies: 2027 Growth Outlook Looks Underpriced
• Positive Sentiment: Improving profitability and funding economics: Expanding net interest margin, lower-cost deposits and growing fee-based businesses are strengthening SoFi’s earnings model. Analysts highlighted a 6.14% net interest margin, 17% capital ratio and favorable credit trends, including lower net charge-offs. SoFi’s $745 Million Advantage Is Hiding in Deposits
• Positive Sentiment: More bullish analyst views: Keefe, Bruyette & Woods raised its price target, while Wells Fargo forecast significant appreciation. One analyst estimated fair value of $23–$26, implying substantial upside from recent levels. SoFi Price Target Boost
• Positive Sentiment: Expansion beyond traditional lending: SoFi plans to process approximately $25 billion of card volume on stablecoin rails, while its app is adding embedded Prudential life-insurance products. These initiatives could diversify revenue and deepen member engagement. SoFi Stablecoin Card Payments
• Neutral Sentiment: Execution remains the key test: Commentators noted that previous post-earnings rallies faded, making the next several quarters important for proving that the 2027 targets are achievable. SoFi Execution Must Continue
• Negative Sentiment: Valuation and profit-taking pressure: Although forward valuation appears reasonable relative to projected EPS growth, SOFI remains a high-beta stock. Investors may be locking in gains after the earnings rally and questioning whether exceptional growth can continue, contributing to the stock’s decline despite favorable fundamentals.

About SoFi Technologies

SoFi Technologies, Inc is a digital financial services company that provides lending, banking, investing and other personal finance products through its online platform and mobile app. The company serves consumers primarily in the United States and aims to provide a centralized alternative to traditional financial institutions.

SoFi’s offerings include personal loans, student loan refinancing, home loans, checking and savings accounts, credit cards, investment products and financial education resources.