SoFi Technologies (SOFI) gave investors fresh reasons to reconsider the fintech stock on Tuesday, reporting better-than-expected Q3 earnings and raising its annual revenue guidance. The company posted per-share earnings of 18 cents on $1.39 billion in revenue – handily beating 17 cents a share and $1.25 billion that analysts had called for.
SoFi Technologies shares climbed 9% in premarket trading on Tuesday after the fintech raised its annual revenue forecast and beat Wall Street estimates for third-quarter results on strong demand.
The financial services company said it now expects to post adjusted earnings of 61 cents a share for 2026 with adjusted revenue anticipated at $5.04 billion.
SoFi Technologies delivered better-than-expected earnings on Tuesday after showing robust growth in its lending business. The company also pleased Wall Street with an early look at what's expected for next year.
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