SoFi Technologies Q3 Earnings Preview: Analysts Divided Amid Growth and Valuation Concerns
SoFi Technologies (SOFI) shares have surged 72% year-to-date, buoyed by robust financial performance and rapid customer acquisition. The fintech firm is set to report Q3 earnings on October 28, with Wall Street anticipating EPS of $0.08 (up 60% YoY) and revenue growth of 27% to $887.24 million.
Analysts remain split on the stock's trajectory. While member growth accelerated to 11.7 million (+34% YoY) with 850,000 net additions last quarter, concerns linger about competitive pressures and rich valuations. A decisive earnings beat could reignite bullish momentum.