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SOFISoFi Technologies Inc$15.42
24h
-1.34%
29 Oct, 05:30
Record earnings and raised 2026 guidance signal strong growth
Bullish-10.04%
AI Summary
The author highlights SoFi's record earnings and membership growth, along with raised 2026 guidance, indicating a strongly positive outlook on the company's financial performance.
$SOFI - SoFi Technologies
SoFi just reported record adjusted net income of $1.37 billion, up 44%. Membership grew 35% to a record 17.1 million, and products increased 44% to 26.7 million. Management raised its 2026 guidance to adjusted net income of $5.04 billion and adjusted EBITDA of $1.66 billion.