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SoFi Stock Rises 12% as SoFi Earnings Beat Estimates
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
SoFi Technologies (SOFI) reported strong third-quarter 2026 earnings, beating Wall Street expectations for both revenue and adjusted earnings per share (EPS). Revenue reached $1.371 billion, above estimates of $1.256 billion, marking 44.37% year-over-year growth. Adjusted EPS came in at $0.18, beating the $0.17 estimate and rising 63.64% from a year earlier. Following the results, SoFi stock rose 12.2% in pre-market trading to $16.23, breaking above its three-week trading range. The $16 level is the first key support to watch. On the upside, traders are monitoring $16.40 and $16.60, with $16.80 as a potential extended target if buying momentum continues.
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