SoFi rises after Q3 beat and raised 2026 guidance

What happened

SoFi (SOFI) rose 13.4% on October 27, 2026, after it beat third-quarter expectations and raised full-year 2026 guidance because membership gains and product expansion fueled stronger results. The company reported record net revenue of $1.4 billion and net income of $241 million. Reported earnings per share were $0.18 versus $0.16 expected, 10.9% above estimates, according to Business Wire and Investopedia. Management described the quarter as "exceptional," raised full-year net revenue guidance to about $5.04 billion and boosted adjusted EPS guidance to $0.61 for 2026. It also provided a preliminary outlook for 2027 that included expected adjusted EPS of roughly $0.90.

How big was the move

The stock closed at $16.40 and rose 13.4% for the session. It rose 11.7% over the last five sessions. Trading volume was 3.6 times its 20-day average, and the move measured 4.2 times a typical daily move for the stock. The S&P 500 rose 0.6% on the day while the Financial Services sector median rose 0.1%, leaving the stock 13.3 percentage points better than the sector median. The stock’s beta of 2.50 underscores that the stock tends to move more than the market. In the past five years the stock had 8 sessions with a gain of at least 13.4%; twenty trading days later the median result was a decline of 2.4%, and 3 of 8 were higher.

The technical picture

The stock sat 7.7% above its 20-day moving average but 1.4% below its 50-day average and 8.5% below its 200-day average. The 50-day average remained below the 200-day average, a sign of a weak longer-term trend. Its Relative Strength Index (14 days) stood at 57, a neutral reading between 30 and 70. The shares were 49.9% below the 52-week high and had fallen 43.5% over one year, trailing the S&P 500 by 57.2 percentage points.

Shorter-term momentum was mixed. The stock rose 3.0% over one month and rose 7.5% over three months, but its one-year decline shows investors remained cautious despite the upbeat quarter. Volatility measured 50% annualized over 60 days, which was lower than 83% of its own readings over five years and suggests recent moves may be steadier than some past periods of turbulence.

Fundamentals and valuation

For the four quarters through September 30, 2026, revenue was $6.11 billion, which grew 37.6% from a year earlier. Diluted earnings per share were $0.55, which fell 0.5% from a year earlier. Gross margin improved to 76.7% from 74.1% a year earlier, and operating margin widened to 14.8% from 9.0% a year earlier. The balance sheet showed net debt of 0.8 times EBITDA and return on invested capital of 1.8%. Share count increased by 5.2% over one year.

Valuation measures showed the stock at 29.8 times trailing earnings and 27.7 times expected forward earnings. The 29.8 times trailing earnings reading was the lowest of the past five years, versus a five-year median of 37.7 times earnings. PromtFinance scores ranked the company highly for Growth at 91 and Revisions at 87, while Quality stood at 33 and Momentum at 8, reflecting fast top-line expansion but weaker quality and momentum metrics.

Earnings and analyst expectations

SoFi reported earnings per share of $0.18 on October 27, 2026, against $0.16 expected. That marked the 13th consecutive quarter beating estimates and an average surprise of 9.0% above estimates over the last four reports. Typical two-day reactions after recent reports had seen the stock fall 1.9%, so the strong jump on this occasion was an outsized response to both the beat and the raised outlook.

Analysts’ consensus price target was $20.83, 27.0% above the closing price, based on the views of 27 analysts. The consensus rating remained Hold, with 37% of analysts assigning a Buy or Strong Buy. Management projected roughly 40% revenue growth in 2026 and about 48% adjusted EPS growth for 2027 to roughly $0.90, and said organic capital generation should fund 2027 growth. The Motley Fool and Bloomberg Technology cited those projections as drivers of investor interest.

What to watch

• January 29, 2027: next scheduled earnings report.
• Full-year 2026 adjusted EPS guidance of $0.61 and net revenue guidance of about $5.04 billion provided on October 27, 2026.
• Management’s preliminary 2027 outlook including expected adjusted EPS of roughly $0.90.
• Consensus price target of $20.83 versus the closing price of $16.40.
• In the past five years the stock had 8 sessions with a gain of at least 13.4%; twenty trading days later the median result was a decline of 2.4%, and 3 of 8 were higher.