SoFi stock traded at $16.02 in premarket trading at 9:10 a.m. ET on October 27, 2026, up about 10.8% from the previous day’s close. The move followed third-quarter results that exceeded estimates and an increase in the company’s 2026 revenue guidance.

Key Takeaways

  • Shares were above Monday’s $14.46 close, though premarket prices can change before regular trading begins.
  • SoFi raised its 2026 adjusted net revenue forecast to about $5.04 billion and issued an initial outlook for 2027.

SoFi stock moves after earnings

The premarket gain followed a quarter in which adjusted earnings per share of $0.18 exceeded the $0.17 consensus estimate. Adjusted net revenue of $1.371 billion also topped the roughly $1.25 billion expected.

The timing of the price move does not establish that the results or guidance alone caused it. Premarket trading can be thin, and the quoted price was not a regular-session close.

Lending grows as technology revenue falls

Adjusted net revenue rose 44% from a year earlier, while net income increased 73% to $241.0 million. SoFi added a record 1.2 million members, bringing its total to 17.07 million.

Loan originations reached $16.9 billion, including $12.6 billion in personal loans and $2.9 billion in student loans. Technology Platform revenue fell 24% from a year earlier to $87.4 million.

Revenue forecasts extend into 2027

SoFi’s new 2026 adjusted net revenue forecast of about $5.04 billion compares with its prior range of $4.75 billion to $4.85 billion. Its forecasts for net income of about $840 million and earnings per share of about $0.61 were unchanged.

For 2027, the company projected about $6.4 billion in adjusted net revenue and $0.90 in earnings per share. These are forecasts, not completed results.

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