SoFi Technologies ( (SOFI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
SoFi Technologies Inc. has seen a positive shift in its stock outlook following the announcement of a strong first quarter of 2025. The company reported revenue of $771.76 million, exceeding expectations of $738.91 million, thanks to its focus on product innovation and brand building. This success has led to record growth in members and fee-based revenue. As a result, SoFi has raised its financial guidance for 2025, expecting higher adjusted net revenue, adjusted EBITDA, and GAAP net income. For the second quarter, the company projects adjusted revenue between $785 million and $805 million, with adjusted EBITDA ranging from $60 million to $70 million, indicating a continued positive growth trajectory.
More about SoFi Technologies
YTD Price Performance: -6.58%
Average Trading Volume: 51,532,604
Technical Sentiment Signal: Sell
Current Market Cap: $14.57B
For further insights into SOFI stock on TipRanks’ Stock Analysis page.
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