By Updated 27 October 2026. SoFi Technologies (NASDAQ: SOFI) traded at $16.02 in premarket trading at 9:10 am ET on Tuesday, up about 10.8 percent from Monday’s $14.46 close (Yahoo Finance), after third-quarter results beat estimates and the company raised its 2026 revenue guide to about $5.04 billion (SoFi release). Verdict: a clean beat with a bigger guide and a first 2027 outlook. Adjusted EPS of $0.18 topped the $0.17 consensus, adjusted net revenue rose 44 percent to $1.37 billion against about $1.25 billion expected (Investing.com), and the stock is trying to recover most of October’s slide. Reference levels: $13.86 below, $20 above.
Key facts
Price: SOFI $16.02 premarket at 9:10 am ET on 27 October, against Monday’s $14.46 close (range $14.40-$14.67) (Yahoo Finance). Investing.com put the premarket gain at 11.34 percent, at $16.10, as of 8:41 am ET; thin pre-open prints can reverse at the bell.
Revenue: GAAP net revenue $1.385 billion and adjusted net revenue $1.371 billion, both up 44 percent from a year earlier and a quarterly record (SoFi release, 8-K).
Profit: net income $241.0 million, up 73 percent; diluted EPS $0.18 against $0.11; adjusted EBITDA $469.8 million, up 70 percent, a 34 percent margin (SoFi release).
Versus expectations: consensus was $0.17 of EPS and about $1.25 billion of revenue (Investing.com). Investing.com counts 11 straight quarters of EPS beats.
Members and products: a record 1.2 million new members took the total to 17.07 million, up 35 percent; products rose 44 percent to 26.67 million (SoFi release).
Lending: originations of $16.9 billion: personal loans $12.6 billion (up 69 percent), student loans $2.9 billion (up 96 percent), home loans $1.4 billion (up 44 percent). The Loan Platform Business originated $3.8 billion for third parties and added $153.4 million of adjusted net revenue (SoFi release).
Balance sheet: deposits $51.3 billion, up $5.8 billion in the quarter; tangible book value $7.48 a share, up 25 percent from $5.97 (SoFi release).
Guidance: 2026 adjusted net revenue about $5.04 billion, up from $4.75-$4.85 billion (Investing.com; TipRanks), and adjusted EBITDA about $1.66 billion; net income of about $840 million and EPS of about $0.61 are unchanged. First 2027 outlook: about $6.4 billion of adjusted net revenue, $2.24 billion of adjusted EBITDA, $1.28 billion of net income and $0.90 of EPS (SoFi release).
What the quarter showed
The beat came from lending and fees. Personal-loan originations rose 69 percent to $12.6 billion and student-loan originations almost doubled, while fee-based revenue reached $570.6 million, 42 percent of the total (SoFi release). The Loan Platform Business, where SoFi originates loans for third-party buyers instead of holding them, contributed $153.4 million on $3.8 billion of volume. That is the capital-light part of the model investors watch most closely, because it earns fees without adding to the balance sheet.
The weak spot is the Technology Platform segment: revenue of $87.4 million was down 24 percent from a year earlier, though up 3 percent on the second quarter (SoFi release). Financial Services revenue rose 25 percent to $525.1 million. CEO Anthony Noto said “Our conviction in the opportunity ahead has never been greater” in the release, and the guidance backs the line with numbers: the revenue guide went up by roughly $190-$290 million in one step.
Why the stock gapped higher
SoFi went into the print near its lows. The stock closed at $14.22 on 14 October and touched $13.86 intraday on 15 October, its 52-week low, and Monday’s $14.46 close was about 25 percent below the $19.18 close of 27 August (Yahoo Finance). The 52-week high is $32.73 (Investing.com). Two things changed on Tuesday morning. The quarter beat on both lines, and the 2027 outlook gives the market a number to value: at $16.02 the stock trades at about 17.8 times the 2027 EPS target of $0.90 and about 2.1 times tangible book of $7.48 a share.
Sell-side views were split going in. Monness, Crespi, Hardt started coverage with a Buy and a $20 target the day before the report, while KBW kept a Sell and cut its target to $15, citing higher rates and fair-value accounting risk (Investing.com). Our 12-month SoFi scenario page sets out the longer view; this page covers the results and the reaction.
SoFi after Q3: bull, base and bear
ScenarioSOFIWhat has to happenAnchor
Bear$13.86The gap fades as it has after some past beats, rates stay higher after the Fed, and fair-value marks on the loan book worry investors.The 15 October intraday low and 52-week low, about 13.5 percent below the $16.02 premarket price.
Base$15.00-$17.16The stock keeps part of the gap and trades the Fed and the call commentary.KBW’s $15 target to the $17.16 close of 22 September, where the October slide began.
Bull$20Investors start valuing the 2027 targets and the Loan Platform Business keeps growing.Monness, Crespi, Hardt’s $20 target, about 25 percent above premarket and about 22 times 2027 EPS guidance.
The bear case sits below Tuesday’s premarket price. These are reference levels measured from verified quotes and published targets, not forecasts.
What to watch
Tuesday’s session: whether the premarket gap, built through the 8 am ET call, holds after the open, and whether volume confirms it.
Tuesday after the close: Robinhood’s third-quarter results, the closest listed read-across for retail fintech.
Wednesday 28 October, 2 pm ET: the Fed decision; rate expectations drive personal-loan demand and the fair value of SoFi’s loans.
Analyst notes: target changes after the 2027 outlook, especially from the Sell side.
Crypto and tokenised deposits: SoFi’s tokenised-deposit launch from 22 October is a newer line to watch for adoption numbers.
Quick take: SoFi beat with $0.18 of EPS and $1.37 billion of adjusted revenue, raised its 2026 revenue guide to about $5.04 billion and set a 2027 target of $0.90 of EPS. The stock traded about 11 percent higher premarket at $16.02. Holding the gap keeps $15-$17.16 in play; a re-rating on the 2027 numbers opens $20; a fade back through Monday’s close opens the $13.86 low.
FAQ
Why is SoFi stock up today?
SoFi beat third-quarter estimates, with adjusted EPS of $0.18 against $0.17 expected and adjusted net revenue of $1.37 billion against about $1.25 billion, and raised its 2026 revenue guide to about $5.04 billion (SoFi release; Investing.com).
What is SoFi’s stock price today?
SOFI traded at $16.02 in premarket trading at 9:10 am ET on 27 October 2026, up about 10.8 percent from Monday’s $14.46 close (Yahoo Finance).
What were SoFi’s Q3 2026 earnings?
Net income of $241.0 million, diluted EPS of $0.18, adjusted net revenue of $1.371 billion (up 44 percent) and adjusted EBITDA of $469.8 million. SoFi added a record 1.2 million members to reach 17.07 million (SoFi release).
What is SoFi’s 2026 guidance?
About $5.04 billion of adjusted net revenue, up from $4.75-$4.85 billion, about $1.66 billion of adjusted EBITDA, about $840 million of net income and about $0.61 of EPS (SoFi release).
What is SoFi’s 2027 outlook?
About $6.4 billion of adjusted net revenue, $2.24 billion of adjusted EBITDA, $1.28 billion of net income and $0.90 of EPS (SoFi release).
What is the price target for SoFi stock?
Recent targets include Monness, Crespi, Hardt at $20 (Buy, initiated 26 October) and KBW at $15 (Sell) (Investing.com). Expect more target changes after the 2027 outlook.
Sources: SoFi Technologies third-quarter 2026 earnings release and Form 8-K (27 October 2026); Yahoo Finance (premarket quote at 9:10 am ET on 27 October, daily closes and lows); Investing.com (consensus, 8:41 am ET premarket quote, 52-week range, analyst targets, 27 October); TipRanks (prior guidance range).
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.