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SoFi stock jumps 11% on record lending quarter and raised full-year outlook despite rising rates

Company Fundamentals
27 Oct 2026, 16:15 WIB
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SoFi stock jumps 11% on record lending quarter and raised full-year outlook despite rising rates

SoFi Technologies reported a strong Q3 2026 with record loan originations and improved credit quality, driving an 11% stock surge. The company raised its full-year revenue and earnings outlook despite a tougher interest rate environment, signaling robust lending growth. This contrasts with modest gains in fintech peers Robinhood and Affirm, highlighting SoFi's unique lending-driven model. Investors will watch if SoFi can sustain loan growth and maintain low charge-off rates amid rising borrowing costs.

SoFi Technologies shares jumped 11.16% to USD 16.08 on Pluang as of Oct 27, 2026 20:31 WIB, reflecting strong investor interest. Robinhood and Affirm also gained but more modestly, up 2.40% and 3.90% respectively. SoFi's market cap stands at $18.68B with a high buy order activity of 74% on Pluang, showing robust demand amid fintech peers.

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