SoFi Reports Record Revenue and Member Growth, but Profit Guidance Holds Steady
SoFi beats Q2 estimates, raises revenue guidance to $4.75-4.85B but holds profit targets flat. Shares dip premarket on mixed guidance.
SoFi beats Q2 estimates, raises revenue guidance to $4.75-4.85B but holds profit targets flat. Shares dip premarket on mixed guidance.
SoFi just dropped SoFiUSD — the first stablecoin issued by a U.S. national bank, now live for 15 million members. SOFI stock jumps as tokenized deposits, multi-chain & Bullish exchange plans roll out.
SoFi is buying UK fintech PrimaryBid, which helped retail investors join IPOs, as UK market slows and US grows.
SoFi had strong Q1 profits, record loans and users, but stock fell as results met expectations and outlook was steady.
SoFi Technologies CEO Anthony Noto purchased 56,000 shares worth about $1 million on March 2, 2026, boosting his stake amid recent stock dips.
Citizens analyst upgrades SoFi with a $30 target, citing growth potential and technical-driven selloff rather than fundamental weakness.