Shares of SoFi Technologies (NASDAQ: SOFI) slipped on Tuesday, even after the fintech firm delivered another quarter of robust growth, beating Wall Street estimates and raising its full-year outlook.
The stock fell about 2% to $29.79 in afternoon trading, paring earlier gains that had pushed shares as high as $31.60. The pullback comes despite a string of record-breaking results that highlight SoFi's continued expansion across lending, banking, and financial services.
Earnings Beat Expectations
For the third quarter of 2025, SoFi reported adjusted net revenue of $950 million, a 38% increase year over year, and adjusted earnings per share (EPS) of $0.11, topping analyst forecasts of roughly $0.08.
The company added 905,000 new members during the quarter, bringing total membership to about 12.6 million — its highest ever.
SoFi also raised its full-year guidance, now expecting adjusted net revenue of $3.54 billion and adjusted EBITDA of $1.04 billion, up from prior forecasts near $3.3 billion and $950 million, respectively.
"Our performance this quarter reinforces SoFi's position as a one-stop shop for financial services," said CEO Anthony Noto. "We continue to demonstrate strong operating leverage while expanding our member base at record levels."
Investors Take Profits After Strong Year-to-Date Gains
Despite the upbeat report, SoFi shares have faced selling pressure. Analysts point to profit-taking after the stock's impressive 91% gain so far in 2025, along with lofty valuations that leave little room for error.
"Even a strong quarter can disappoint when expectations are this high," said one analyst cited by Investor's Business Daily. "SoFi has executed extremely well, but the market is now demanding sustained profitability and margin expansion."
Headwinds Temper Enthusiasm
Investor caution also stems from broader concerns facing the fintech sector. Rising interest rates, tighter consumer credit conditions, and potential regulatory scrutiny could all affect growth prospects heading into 2026.
Still, most analysts agree that SoFi's business fundamentals remain solid. Member growth continues at a record pace, the company is diversifying revenue streams, and its banking unit has achieved consistent profitability.
The Bottom Line
SoFi's third-quarter report checked nearly every box for operational performance — higher revenue, stronger earnings, and raised guidance. Yet the stock's decline underscores how high expectations and valuation pressures can overshadow even standout results.
For long-term investors, the pullback may present a pause rather than a reversal, as SoFi continues to build momentum toward its goal of becoming a leading digital financial hub.
