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SoFi hits record loan originations but stock falls as full-year outlook stays flat

Company Fundamentals
29 Apr 2026
Market Watch
View Source
Bearish
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SoFi Technologies reported record loan originations totaling $12.2 billion, with student loans more than doubling to $2.6 billion and home loans reaching $1.2 billion. Despite these strong quarterly results, the company did not raise its full-year forecast, which led to a decline in its stock price. CEO Anthony Noto highlighted SoFi's strategic expansion into digital assets as part of its growth. Investors may be cautious as the company balances growth with conservative guidance for the rest of the year.

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