SoFi Stock Jumps 13% After Record Quarter and Big 2027 Targets

TLDR SoFi Technologies (SOFI) stock rose 13% on Tuesday to close at $16.40, up $1.94, after third-quarter results. Adjusted net revenue rose 44% to $1.4 billion, and adjusted net income climbed 74% to $243 million. Members grew 35% to 17.1 million, and financial products rose 44% to 26.7 million. SoFi expects 2026 adjusted net revenue of $5.04 billion, up 40%, and targets $6.4 billion and $0.90 EPS in 2027. Crypto products were reported for the first time: 503,000 products and $161.6 million in gross crypto transaction revenue.