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SoFi stock jumps 13% on strong Q3 earnings but must prove sustained growth in next quarters.

Company Fundamentals
29 Oct 2026, 17:45 WIB
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Bullish
SoFi stock jumps 13% on strong Q3 earnings but must prove sustained growth in next quarters.

SoFi's stock surged 13.42% after reporting better-than-expected Q3 earnings, with adjusted EPS of $0.18 and revenue of $1.39 billion. The company saw record loan originations and raised its 2027 guidance, suggesting the stock is undervalued at about 19 times forward earnings. However, past earnings beats have not sustained stock gains, and risks remain from rising charge-offs and fair-value losses. The next two quarters will be crucial to confirm if SoFi's recent rally can hold, especially with targets to grow its Technology Platform and SoFi Plus membership.

SoFi's stock price on Pluang is currently USD 17.37, showing a modest increase of 1.34% as of Oct 29, 2026 22:02 WIB. The stock remains well below its 52-week high of USD 32.21, with a market cap of $22.22 billion at this time.

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