SoFi Technologies stock (NASDAQ:SOFI) surged 14% in early trading on Tuesday, July 29, after the announcement of strong Q2 earnings. The firm disclosed earnings of $0.08 per share on revenue of $855 million, considerably surpassing Wall Street's projections of $0.06 per share and $804 million, respectively.
SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.01 per share a year ago.
SoFi originated a record amount of loans in the latest period while also hauling in a record number of new members.
Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either XP Inc.A (XP) or SoFi Technologies, Inc. (SOFI). But which of these two stocks presents investors with the better value opportunity right now?
SoFi Technologies (NASDAQ:SOFI) is scheduled to announce its earnings on Tuesday, July 29, 2025. Historically, SOFI stock has performed well the day after earnings reports, showing a positive one-day return in 69% of instances.
SOFI's bold pivot to fee-based revenues and soaring 2025 growth projections give it the edge over GDOT's stable but slowing model.
SoFi Technologies Inc (NASDAQ:SOFI) is gearing up for its second-quarter earnings report, due out before the open on Tuesday, July 29.
SOFI's net income surges 217% as it doubles down on innovation, partnerships, and fee-based growth amid fierce fintech rivalry.
After reaching an important support level, SoFi Technologies, Inc. (SOFI) could be a good stock pick from a technical perspective. SOFI surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
The latest trading day saw SoFi Technologies, Inc. (SOFI) settling at $21.56, representing a +2.76% change from its previous close.
Fintech innovators are starting to gain ground again, with names like SoFi Technologies (NASDAQ:SOFI) leading the upward charge, rising more than 180% over the past year.
SoFi Technologies (SOFI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.