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SoFi reports 44% revenue growth and 70% EBITDA rise, signaling strong fintech expansion.

Company Fundamentals
01 Nov 2026, 18:42 WIB
Seeking Alpha
View Source
Bullish
SoFi reports 44% revenue growth and 70% EBITDA rise, signaling strong fintech expansion.

SoFi Technologies posted a strong quarter with 44% year-over-year revenue growth and a 70% increase in adjusted EBITDA. The company's shift towards fee-based revenue streams, now totaling $571 million, reduces its reliance on personal loans and lowers business risk. SoFi forecasts its product revenue to grow fourfold, reaching $5 billion annually by 2030, which could surpass analyst expectations. Despite this growth, SoFi's stock remains attractively valued at 10 times EBITDA, supporting a bullish outlook from investors.

SoFi Technologies trades at USD 16.76 on Pluang as of Nov 02, 2026 00:01 WIB, down 4.83% in the past day. Despite the recent strong quarterly results highlighted in the article, Pluang data shows a majority of order activity leaning towards selling at 78%. The stock's market cap stands at $21.73 billion with a typical hold time of 62 days among Pluang investors.

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