SoFi Technologies up after raising 2025 profit forecast

SoFi Technologies

28/10/2025 11:13

** Shares of trading app SoFi Technologies SOFI.O up ~1.6% to $30.48 premarket

** SOFI now expects full-year 2025 adjusted EPS of about 37 cents versus 31 cents forecast earlier; analysts had expected 32 cents, according to estimates compiled by LSEG

** Co's financial services business saw YoY revenue surge 76% in the quarter to $419.6 mln

** SOFI adjusted profit more than doubled to 11 cents per share in the three months ended September 30, topping expectations of 8 cents - data compiled by LSEG

** Seven of 23 brokerages rate the stock "buy" or higher, 12 "hold" and four "sell" or "strong sell"; their median PT is $22 - LSEG data

** As of last close, stock up ~94.8% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))