SoFi Technologies

SoFi reports 17 million users and records integrated platform growth that facilitates cross-selling (1.56 products per member). In Q3 revenue rose 44% and adjusted EPS increased 64% year over year, beating consensus estimates. The business model — with checking accounts, brokerage and loans — lowers distribution cost per product and lays the foundation for sustainable profitability. » Więcej na finanzen.net

SoFi Technologies is growing at tech-startup speed, adding 1.1 million customers in Q2 (up 35% year over year) and expanding product adoption with 2.2 million new products. Adjusted net revenue rose 40% year over year and EPS increased from $0.08 to $0.12, driven by strong engagement in loans, savings and new AI- and crypto-related offerings. The company’s product-led ecosystem and rapid user growth position it to outpace larger banks like JPMorgan Chase in the next two years. » Więcej na finance.yahoo.com

SoFi obtained a bank charter in January 2022 and now funds loans from its growing deposit base, which rose to $45.5 billion by Q2 2026 and helped lift the company to net income of $156 million in that quarter. The charter enabled faster product and member growth — 15.8 million members and 24.4 million products — and improved profitability compared with its pre-charter losses. Upstart has conditional approval for a national bank charter expected in early 2027, while Affirm has applied for an industrial loan bank charter but has not yet been approved. » Więcej na finance.yahoo.com

SoFi Technologies reported robust Q2 growth with adjusted net revenue up 40% year‑over‑year, record loan originations of $14.8 billion, revenue up 63%, net interest income +54% and loan origination fees +64%. The platform added 1.1 million members and 2.2 million products, with cross‑buy rising to 51% and SoFi Plus driving recurring revenue. The stock has fallen ~30% YTD after a short‑seller report, high prior valuation and market disappointment over guidance assumptions, leaving the company trading at a lower P/E of about 37. » Więcej na finance.yahoo.com

SoFi reported record quarterly revenue of $1.2 billion and raised full-year revenue guidance but left earnings guidance unchanged, contributing to a weak share performance that is down more than 31% year to date. Market sentiment is weighed by macro uncertainty around inflation and rates and lingering concerns from a short-seller report the company denies. Piper Sandler reiterated an overweight view with a $22 12-month target and projects multi-year earnings growth that could imply a share price around $36 by 2031 under a 20x multiple, presenting potential long-term upside despite near-term risks. » Więcej na finance.yahoo.com