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SoFi grows members to 14.7M, boosts deposits by $5.3B, and expects strong earnings with 44% upside potential.

Company Fundamentals
09 Oct 2026
Seeking Alpha
View Source
Bullish
SoFi grows members to 14.7M, boosts deposits by $5.3B, and expects strong earnings with 44% upside potential.

SoFi Technologies expanded its total membership to 14.7 million and saw existing members open 51% of all new products, indicating strong cross-buy activity. The company increased low-cost deposits by $5.3 billion in the last quarter, maintaining a solid net interest margin (NIM) of 5.98%. New partnerships, including one with Mastercard, and gains in market share from traditional banks support a positive outlook. Analysts expect SoFi to sustain a NIM above 5% and continue growing its paid subscriber base, with a projected 44% stock price upside over the next 12 months ahead of its Q3 earnings report.

SoFi Technologies shares are trading at USD 15.72 on Pluang as of Oct 09, 2026 17:11 WIB, showing a modest 0.70% gain for the day. The stock's market capitalization stands at $20.16 billion, reflecting significant investor interest. Pluang order activity favors buying at 65%, indicating positive sentiment among platform users.

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