Understanding SoFi Technologies' Recent Market Performance and Upcoming Earnings Release

SoFi Technologies Inc. (SOFI) closed at $26.19, down 7.96% from the previous day, trailing the S&P 500's 2.71% loss. Despite this, the company's shares have risen 9.59% over the last month, surpassing the Finance sector's 0.28% gain and the S&P 500's 3.5% gain. SoFi Technologies is set to release its earnings on October 28, 2025, with projected earnings of $0.08 per share and revenue of $884.61 million. The Zacks Consensus Estimates forecast full-year earnings of $0.32 per share and revenue of $3.44 billion, with a Zacks Rank of #3 (Hold).

SoFi Technologies Inc. (SOFI) closed at $26.19, down 7.96% from the previous day, trailing the S&P 500's 2.71% loss. Despite this, the company's shares have risen 9.59% over the last month, surpassing the Finance sector's 0.28% gain and the S&P 500's 3.5% gain. SoFi Technologies is set to release its earnings on October 28, 2025, with projected earnings of $0.08 per share and revenue of $884.61 million. The Zacks Consensus Estimates forecast full-year earnings of $0.32 per share and revenue of $3.44 billion, with a Zacks Rank of #3 (Hold).

SoFi Technologies has been a significant player in the fintech industry, offering a range of financial services including loans, mortgages, and investment options. The company recently announced the launch of a new, actively managed ETF focused on artificial intelligence and the rollout of Level 1 options trading for its members. Additionally, SoFi has been exploring re-entry into the crypto and blockchain space, partnering with Lightspark for international money transfers.

The company's Q3 earnings report is expected to serve as a catalyst for further gains, as it added 850,000 new members in Q2, driving adjusted net revenues to $858 million, a 44% increase from the prior year. Management raised full-year guidance for revenue to $3.375 billion and adjusted EPS to $0.31, exceeding previous targets. The firm projects 2026 earnings per share between $0.55 and $0.80, but current Wall Street consensus sits at the lower end of this range.

Analysts remain cautious for now, with a Wall Street consensus one-year price target of $22.08. However, 24/7 Wall St. is more bullish on the stock, with a $29.41 target price by year's end. By the end of the decade, 24/7 Wall St. estimates SoFi's stock price will be $55.30 per share with 10% year-over-year revenue growth.

SoFi's recent performance has been impressive, with more than doubling its revenue in the past four years. The company's revenue growth has come with a jump in operating costs, but these increases are seen as necessary investments to enhance technology and drive member growth. SoFi's strategy of expanding its services and retaining customers is expected to drive future growth.

Key drivers of SoFi's stock performance include expanding its services, obtaining a national banking charter, and cross-selling its wide array of financial products to increase the average number of products per customer. These strategies aim to improve customer retention and lifetime value, thereby boosting overall revenue and profitability.

As SoFi approaches its Q3 earnings report, investors will be closely watching the company's financial performance and the potential impact on its stock price. The company's ability to deliver on its growth targets and maintain profitability will be crucial in determining its future success.