Why did SOFI stock jump? — 2026-10-27

Research session: 2026-10-27. Published: 2026-10-27T20:26:54.466830+00:00.

Final report

SOFI — SoFi Technologies, Inc. - Common Stock

Session close: $16.40. Regular-session share volume: 134,029,720. Change from previous close: +13.42%.

Key developments

SoFi rose during the session after reporting quarterly earnings and revenue above expectations, record member and product additions, and strong loan demand. It raised its full-year outlook and issued next-year earnings and revenue forecasts above Wall Street estimates. Deposit growth and increased use of financial services also supported the results.

SoFi Boosts Full-Year Outlook As Membership Tops 17 Million

Monetization remains a caveat: Financial Services revenue per product was below year-earlier levels despite sequential improvement, with product mix potentially affecting the comparison. Technology Platform revenue also declined following an earlier large-client departure, although revenue excluding that impact grew.

SoFi Boosts Full-Year Outlook As Membership Tops 17 Million · SoFi's Customer Boom Has a $90 Question for Investors

Intraday reporting placed SoFi's earnings-driven advance within a broader technology-led market rebound, even as financials slipped. The supplied market coverage describes trading before the close rather than a final session outcome.

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News sources

Company news SoFi Technologies May Finally Have Silenced Its Skeptics · Company news CORRECTION: SoFi Technologies Raises FY2026 Adj EPS Guidance from $0.60 to $0.61 vs $0.59 Est; Raises FY2026 Sales Guidance from $4.750B-$4.850B to $5.040B vs $4.874B Est · Company news SoFi Technologies, Inc. Reports Q3 2026 Financial Results · Company news SoFi Technologies Sees FY2027 Adj EPS $0.90 vs $0.81 Est; Sees Sales $6.400B vs $5.991B Est

Full report for 2026-10-27