SoFi posts Q3 earnings beat and lifts 2027 revenue and EPS guidance
SoFi Technologies reported third‑quarter adjusted earnings of $0.18 per share, beating the $0.17 consensus, and revenue of roughly $1.39 billion, surpassing the $1.26 billion estimate. The results sparked a stock surge of double‑digit percentage points on October 28‑29, 2026. Management raised its 2027 outlook to $6.40 billion in adjusted revenue and $0.90 in adjusted EPS. Analysts noted the rally’s risk given past earnings‑beat fade‑outs.
Why it matters
The higher 2027 guidance suggests the stock may trade at a forward P/E near 18, implying roughly 19% upside from the current $17.14 price, according to analyst consensus targets (source 2). The earnings beat and guidance lift expectations for future profitability, but the rally may be vulnerable if subsequent quarters miss expectations.
Key facts
- 1Adjusted EPS for Q3 was $0.18, beating the $0.17 consensus (source 1). timothysykes.com
- 2Adjusted EPS for Q3 was $0.18, beating the $0.17 consensus (source 2). 247wallst.com
- 3Revenue for Q3 was reported as $1.385 billion (source 1). timothysykes.com
- 4Revenue for Q3 was reported as $1.39 billion (source 2). 247wallst.com
- 5The stock jumped 13.42% on the day of the earnings release (source 2). 247wallst.com
- 6Management raised 2027 adjusted revenue guidance to $6.40 billion (source 2). 247wallst.com
Open questions
- Revenue figures differ: $1.385 billion (source 1) vs $1.39 billion (source 2).
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.