

SoFi Technologies NASDAQ: SOFI CFO Chris Lapointe said the financial-services company entered the second half of 2026 with continued revenue growth, expanding product adoption and a mix of newer businesses that remain in earlier stages of development.

SoFi Technologies, Inc. (SOFI) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

I rate SoFi Technologies a Strong Buy with a $23 price target, reflecting confidence in its transition to a diversified financial platform. The main growth drivers are lending and the Loan Platform Business, deeper Financial Services cross-buy, and incremental contributions from SoFi Plus, Tech Solutions, and newer products. Management raised 2026 guidance to $4.75–$4.85B in adjusted net revenue and $1.60B in adjusted EBITDA, emphasizing scaling fee-based and Technology Platform revenues.

SoFi (SOFI -1.57%) reported second-quarter earnings that handily beat expectations and showed record highs for revenue, profitability, members, and cross-buying. In this video, I'll discuss why this hasn't produced new highs in the stock.

SoFi fell by nearly 10% after reporting record earnings in the second quarter. While SoFi raised its revenue guidance, its profit expectations remained unchanged.

SoFi Technologies, Inc. (SOFI) concluded the recent trading session at $18.22, signifying a -1.57% move from its prior day's close.

SOFI's Payward tie-up expands SoFiUSD's reach through Kraken while adding digital-asset liquidity and 24/7 dollar clearing.

SoFi Technologies Inc. (NASDAQ:SOFI) is trending after the company announced a strategic partnership with Payward on Thursday, connecting SoFi's banking infrastructure with Kraken's digital asset markets. Shares traded higher on the news on Thursday.