SoFi Technologies (SOFI) has grown into a digital financial hub, offering banking, lending, investing, and more. The upcoming second-quarter earnings report on July 29 will test if SoFi can maintain its momentum. With a market cap of $23.4 billion, investors are watching closely as SOFI stock surges.
SoFi reported record net revenue in Q1 2025, with a 20% year-over-year increase. Adjusted net revenue grew by 33%, surpassing estimates. User ecosystem growth remains strong, with 800,000 new members and 1.2 million new products. SoFi projects continued growth and profitability in its upcoming earnings release.
SoFi’s strong performance has led to a surge in its stock price, with a 178% increase over the past 52 weeks. With a focus on fee-based revenue and investor-centric growth, SoFi is expected to meet or exceed analyst expectations in the upcoming earnings call. Analysts forecast continued growth for SoFi in fiscal 2025 and 2026.
Read more at Yahoo Finance: Dear SoFi Stock Fans, Mark Your Calendars for July 29