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

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

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%

Shares of NASDAQ:SOFI opened at $16.76 on Friday. The company has a 50 day moving average of $16.58 and a 200-day moving average of $17.89. The company has a current ratio of 0.74, a quick ratio of 0.10 and a debt-to-equity ratio of 0.30. The firm has a market cap of $21.65 billion, a P/E ratio of 30.47, a P/E/G ratio of 1.00 and a beta of 2.33. SoFi Technologies has a twelve month low of $13.86 and a twelve month high of $32.73.

SoFi Technologies News Roundup

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.

Wall Street Analyst Weigh In

SOFI has been the topic of a number of recent analyst reports. Mizuho cut their price target on SoFi Technologies from $29.00 to $22.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Monness Crespi & Hardt assumed coverage on SoFi Technologies in a report on Monday, October 26th. They issued a “buy” rating and a $20.00 price objective for the company. Piper Sandler assumed coverage on SoFi Technologies in a research report on Monday, August 17th. They issued an “overweight” rating and a $22.00 target price on the stock. Loop Capital assumed coverage on SoFi Technologies in a research note on Tuesday, September 8th. They set a “hold” rating and a $22.00 target price on the stock. Finally, TD Cowen boosted their price target on SoFi Technologies from $17.50 to $18.00 and gave the stock a “hold” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, SoFi Technologies presently has a consensus rating of “Hold” and a consensus price target of $21.23.

Insider Activity at SoFi Technologies

In other SoFi Technologies news, EVP Kelli Keough sold 10,203 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $14.72, for a total value of $150,188.16. Following the completion of the sale, the executive vice president directly owned 397,870 shares in the company, valued at $5,856,646.40. This represents a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeremy Rishel sold 18,624 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of $17.50, for a total value of $325,920.00. Following the transaction, the chief technology officer directly owned 912,650 shares of the company’s stock, valued at approximately $15,971,375. The trade was a 2.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 50,316 shares of company stock worth $852,605. 2.50% of the stock is owned by corporate insiders.

SoFi Technologies Company Profile

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.