SoFi Technologies Inc Stock News

Shares of all-digital bank SoFi Technologies (SOFI 1.45%) have delivered some big gains lately. From April 4 through the morning of Aug. 11, the stock shot 139% higher.

Although they have faced some issues, FuboTV (FUBO -3.40%) and SoFi Technologies (SOFI 3.55%) have rebounded significantly. Both companies have seen their shares more than double over the trailing-12-month period.

Banking disruptor SoFi (SOFI 0.02%) recently reported its second-quarter earnings, and the numbers look strong all around. Asset quality is improving, customers are coming into the ecosystem at a faster pace than ever before, and profitability is building more rapidly than most analysts had expected.

SoFi Technologies (SOFI 0.02%) recently reported its second-quarter earnings, and the stock soared to a multiyear high. Not only were the numbers generally stronger than analysts had been looking for, but the company also is growing in all the right ways and has big plans.

It may seem like a long time ago now, but 2021 was the year of Upstart Holdings. The lending platform grew to a market cap of $30 billion and was aiming to disrupt the traditional pricing mechanisms for consumer loans before it crashed over 90% from all-time highs.

SoFi Technologies' non‑lending segments generated $472 million in Q2 2025, rising 74% YoY and now contributing 55% of total revenue. Loan Platform Business originated $2.4 billion, produced $131 million revenue, and is progressing toward a $1 billion annual run rate. Adjusted EBITDA climbed 81% YoY to $249 million with a 29% margin, marking the seventh consecutive profitable quarter.

SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer recently stated at a conference that the fintech company has targeted 30% member growth and 20% revenue growth.

Digital bank SoFi Technologies (SOFI 2.89%) stock gained 26% in July, according to data provided by S&P Global Market Intelligence. The market celebrated some new launches and an excellent earnings report.