SoFi trades at $17.14 after a 13.42% jump on its third-quarter report, with adjusted EPS of $0.18 versus $0.17 expected and revenue of $1.39B versus $1.26B. Loan originations hit a record $16.93B, up 71% year over year, and the 2027 outlook of $6.40B in adjusted revenue and $0.90 in adjusted EPS puts the stock at about 19x next year's guided earnings. The article notes past beats have faded: the stock fell 18.02% over the 30 days after the Q4 2025 report, and EPS beats shrank from 93.55% in Q1 2025 to 7.02% this quarter. Credit card charge-offs ran at 7.77%, Technology Platform revenue fell 24%, and the stock is still down 34.53% year to date. The consensus target of $20.45 from 25 analysts implies 19.3% upside, and the next two quarters, including Q4 guidance of about $1,375,000,000 in revenue and 19 cents in EPS, will test the rally.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 772.31 |
| Change that session | +0.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- SoFi Expects to Earn 48% More in 2027. Is the Stock a Buy?
SoFi raised its 2026 guidance after a third quarter in which adjusted net revenue grew 44% to $1.37 billion, adjusted EPS of $0.18 beat estimates, and it added a record 1.2 million members. Its first 2027 forecast calls for about $6.4 billion in adjusted net revenue, up 27%, and adjusted EPS of $0.90, above Wall Street's $0.82 estimate and implying about 48% EPS growth. The article credits fee-based revenue, which rose 21% sequentially, and notes that the annualized charge-off rate on personal loans fell to 2.26% from 2.60%. At about $16 per share, SoFi trades for less than 18 times management's 2027 earnings forecast, but personal loans make up about three-fourths of its loan originations, so credit quality could come under pressure if the economy weakens. The stock had fallen 40% in 2026 before the report.
- Is SoFi Stock a Buy After Falling 43% in 2026?
SoFi Technologies shares jumped 15% on Tuesday, October 27, after strong third-quarter results, reaching $16.40 but still down 35% year to date, after falling about 43% year to date as of October 23. Q3 revenue rose 44% year over year to a record $1.4 billion, adjusted net income surged 74% to $243 million ($0.18 per share), and members grew 35% to 17.1 million. Management raised 2026 revenue guidance to $5.04 billion and adjusted EPS guidance to $0.61, and projected 2027 revenue of $6.4 billion and adjusted EPS of $0.90, above the consensus estimate of $0.82. The author notes the stock still trades at a forward P/E of about 17 and says the outlook through 2027 supports a positive view of SoFi.
- Why SoFi Stock Popped Today
Shares of SoFi Technologies rose more than 13% after the digital financial services provider issued an optimistic growth forecast. Third-quarter adjusted net revenue surged 44% to $1.4 billion, members grew 35% to 17.1 million, financial products rose 44% to 26.7 million, and adjusted net income soared 74% to $243 million. SoFi expects full-year 2026 adjusted net revenue to grow 40% to $5.04 billion, with net income of $840 million and EPS of $0.61, and sees adjusted net revenue of $6.4 billion and EPS of $0.90 in 2027. CEO Anthony Noto said the company is adding more members and products to create long-term shareholder value.
- SoFi’s stock climbs as lending surge drives an earnings beat and rosy outlook
- SoFi Stock Lost 82% Once Before, Then Rose About Sevenfold. It's More Than 50% Below Its High Again.
SoFi stock once dropped 82% before soaring 650% about three years later to reach new highs, but it now sits 54% below that peak after just a few months. Q2 adjusted net revenue rose 40% year over year to $1.2 billion, EPS increased from $0.08 to $0.12, and the company added 1.1 million members (up 35%) and 2.2 million products (up 42%), with 51% of new products coming from existing customers. Tech Platform sales keep declining after the loss of a major customer, and management did not raise net income guidance even though it raised revenue guidance. The stock trades at a P/E of 31 and a price-to-book ratio of 1.7, and it faces competition from legacy banks and digital rivals such as Ally, Happen and Nu Holdings. The author thinks SoFi could return to its previous highs but it may take time, and the stock could move when it reports earnings on Tuesday.
- Prediction: SoFi Stock Gains at Least 50% by the End of 2030
SoFi Technologies shares have fallen more than 50% from last November's peak and recently hit a new 52-week low. The decline follows the loss of a technology platform customer, Chime, which cut that segment's first-quarter revenue by 27% year over year, along with a weak market and deteriorating credit conditions. The author argues the long-term picture is stronger: second-quarter revenue rose 40% to $1.2 billion, EBITDA grew 44%, and customers reached a record 15.8 million, up 35% from a year earlier. Morningstar expects per-share profit to rise from $0.62 this year to $1.71 in 2030; at 15 times that figure, the stock would be worth just above $25, nearly 80% above its current price. The article cautions that shares could fall before they rise.
Related markets
Latest news
- A2Gold signs agreement to sell Bolo Gold project in Nevada
A2Gold has agreed to sell 100% of its Bolo Gold project in Nye County, Nevada, US, to Super Gold Mining. The project comprises 187 unpatented lode mining claims and the Uncle Sam claim. At closing, Super Gold will issue 3,750,000 common shares at a deemed value of C$0.40 each (C$1.5m, or $1.07m), replace about $198,500 in reclamation bonding and reimburse this year's claim maintenance fees. Further payments of up to C$2.8m ($2m) depend on future work: up to C$2.4m in cumulative resource milestone payments and C$400,000 if a qualifying Preliminary Economic Assessment (PEA) incorporates at least 200,000 gold-equivalent ounces. Super Gold must complete an initial NI 43-101 mineral resource estimate within two years and use commercially reasonable efforts to complete a Going Public Transaction within 12 months, failing which A2Gold is entitled to C$200,000 in cash. Closing is expected within the next few weeks, subject to conditions including replacement bonding and approval of the Plan of Operations transfer.
- Discussion on the draft amended Law on Real Estate Business: Not letting developers deliberately commit violations and then 'just pay a fine and it's over'
On 30 October, the National Assembly debated the draft amended Law on Real Estate Business in plenary session. Deputy Vũ Văn Tiến (Hai Phong delegation) cited more than 3,900 apartments in Muong Thanh Group projects in Hanoi that are included in a planned plan to address violations of planning and construction order. He urged tighter control from the point of sale, cross-checking apartment lists against approved documents, publishing lists of eligible units, clarifying each agency's responsibility, and requiring developers to bear full responsibility and recover unlawful gains rather than simply paying fines. On contract transfers, delegates said deposits for future housing should be capped at 5% and collected only once the property is eligible for business; Tô Ái Vang (Can Tho delegation) proposed placing the deposit in a blocked account, while Dương Khắc Mai (Lam Dong delegation) warned of collections under names such as 'slot reservation' before they are permitted.
- Stocktwits Passport Portfolio: SPY, DIA Edge Higher In October, Beating QQQ And Asian Stocks Amid Tech Volatility
Global stock markets are set for a mixed October close, with the Dow Jones and S&P 500 poised to finish higher while the Nasdaq and Asian markets lag amid tech volatility. DIA is up nearly 3% for the month and SPY is set to close about 1% higher, whereas QQQ is poised to end lower as investors question the sustainability of returns on AI infrastructure spending. South Korea's EWY is down more than 11% as of Oct. 29 as a chip-stock selloff weighs, while Samsung Electronics and SK Hynix have fallen about 17% and 20%, respectively, over the past month. The Federal Reserve held rates at 3.75%-4.00%, the Bank of Korea paused hikes after raising rates in July and August, and the Bank of Japan held its benchmark rate at 1.25% while raising its inflation forecast. Amazon reported capital expenditure of $77.3 billion in its latest quarter, and Microsoft lowered its full-year spending forecast to $170 billion from $175 billion.
- Palantir Technologies vs. Figma: Comparing Revenue Growth Trends
This comparison looks at revenue over the last eight quarters for Figma (FIG) and Palantir Technologies (PLTR), using data as of Oct. 22, 2026. Figma, a browser-based design platform, recently launched several AI design features and disclosed that its CEO voluntarily forfeited $46 million in stock awards. Its second-quarter sales of $370.1 million rose 48% year over year, partly due to AI credit monetization, with Q2 being the first full quarter of that revenue stream. Palantir's revenue is considerably larger and has increased every quarter, with the company forecasting third-quarter revenue of around $2.2 billion; it has also secured a U.S. Army ground station production contract and a collaboration with NVIDIA. Figma is scheduled to report third-quarter earnings on Nov. 4.
- Phu Quoc Special Zone to Be Submitted to the Government for Recognition as a Special Economic Zone
The An Giang People's Council approved a proposal asking the Government to recognize the Phu Quoc special zone as a Special Economic Zone, aiming to develop it into an international tourism and marine services hub with stronger decentralization. The plan proposes maximum delegation of powers to the special zone's authorities and transfer of Phu Quoc National Park to its management, with requirements to secure resources, data and power-control mechanisms. For 2026–2030, Phu Quoc targets total social investment of 195,000 billion VND and about 15 million visitors by 2030. The island covers over 575 km² and has more than 179,000 residents, and it welcomed over 8.2 million visitors in 2025, including over 1.8 million international arrivals. After approval, the provincial People's Committee will complete the dossier for Ministry of Finance appraisal before the Government reviews it.
- Iran claims four tankers struck mines in Hormuz as strike fears grow after U.S. midterms
Iran said four tankers struck mines in the Strait of Hormuz, while Yemen's Houthis claimed missile strikes on Saudi Arabia, adding pressure on two fronts. The IRGC said three tankers caught fire after striking mines on an "unauthorized southern route" near the Omani coast, and Iran's army said a fourth burned east of the strait. The UK Maritime Trade Operations agency reported a small boat attaching two explosive devices to a tanker about 25 nautical miles northeast of Khasab, Oman, causing an engine-room fire that disabled the vessel; the crew was safe. Meanwhile, Vice President JD Vance is seeking to reopen talks with Iran, and the U.S. is reportedly weighing renewed military action after the Nov. 3 midterm elections, raising fears that fighting could resume around the vote. Traffic through the strait has fallen to single-digit daily transits since the war began in late February.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.