$SOFI

Celestica (CLS) shares rose 11.44% after reporting Q3 revenue of $5.83B, up 83% YoY, and raising 2027 revenue forecast to $40B. SoFi (SOFI) shares surged 15.42% with Q3 revenue up 45.9% and 2027 outlook introduced. JetBlue (JBLU) shares gained 9.62% despite Q3 loss, raising revenue growth forecast. Whirlpool (WHR) shares fell 1.32% after missing Q3 estimates and lowering 2026 guidance. Corning (GLW) reported Q3 earnings up 36% on Optical Communications growth.

SoFi reported 44% revenue growth in Q3, driven by higher loan rates and diversified business. The company's CEO expressed confidence in sustaining growth amid rising rates, citing technology and customer data. Membership and product usage also grew 35% and 44%, respectively. SoFi aims for a 40% adjusted earnings margin and expanded revenue targets by 2030, leveraging AI agents for customer services.

Pentair (PNR) +13% after raising full-year revenue guidance. SoFi (SOFI) +15% on increased revenue and EBITDA forecasts. Xylem (XYL) -12% after cutting guidance and missing Q3 estimates. PayPal (PYPL) +2% on Q3 earnings beat and raised profit forecast. UPS +3% after beating expectations and raising guidance. Nvidia (NVDA) +1% on $3B investment in Meta (META). Royal Caribbean (RCL) +8% on Q3 beat and raised 2026 guidance. Boeing (BA) -9% on mixed Q3 results.

U.S. stock indexes rose midday, led by tech and basic materials. Royal Caribbean gained 7.6% on strong earnings, while SoFi surged 15% after its Q3 beat. Tesla extended gains post-upgrade. The Fed's meeting began, with traders awaiting clues on future rate moves.

SoFi Technologies (SOFI) shares rose 14% to $16.73 after reporting Q3 2026 results. Adjusted EPS was $0.18, beating estimates, and revenue increased to $1.37B. The company raised full-year guidance. Despite the rally, shares are down 44.8% YTD. Crypto activity grew, but contributed little to profitability. The stock faces resistance at $20.

UBS downgraded HubSpot (HUBS) to 'neutral', citing market challenges and AI revenue uncertainty, while raising its price target to $310. Boeing (BA) shares fell 10% due to production delays and reduced delivery outlook. Welltower (WELL) shares dropped 5.7% despite strong revenue and FFO growth. C3 Metals (CCCM) extended copper mineralization at its Khaleesi project. Hilton (HLT) raised its earnings outlook after strong Q3 results.

SoFi Technologies reported Q3 2026 results with adjusted net revenue of $1.4B (up 44% YoY), record EBITDA of $470M (34% margin), and EPS of $0.18. The company added 1.2M members and 2.2M products. It raised full-year 2026 guidance, expecting $5.04B in revenue and $0.61 EPS. The stock rose 11.19% in premarket trading.

SoFi Technologies (SOFI) trades at $14.50, down 50.05% over 1 year. Despite strong revenue growth (35.6% in 2025) and profitability improvement, the stock is sensitive to interest rates. Analysts' targets are above current price, but insider selling and weak RSI (37.2) signal caution. Q3 earnings are due Oct 27, 2026, with guidance on rate assumptions being key.

Edwin Mata of Brickken discusses the rise of AI agents in financial transactions, highlighting the need for clear permissions and accountability. Mastercard's AI Payment Pilot, US banks restricting AI agent access, SoFi's tokenized deposit launch, and regulatory developments like the GENIUS Act are key developments. These highlight the need for programmable money and asset controls in capital markets.

Monness initiated coverage on SoFi Technologies (SOFI) with a buy rating and $20 price target, citing product growth and potential stablecoin adoption. The stock is down 44% YTD but saw a 42% product count increase in Q2 2026. Analysts have mixed views, with some highlighting growth potential and others expressing caution about capital consumption. SOFI is set to report earnings on October 27, 2026.