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SoFi raised revenue guidance and the stock sold off. The market may have missed the point.

9/7/2026

The best quarter in SoFi Technologies' (NASDAQ: SOFI) history produced a nearly 10% stock decline.

Management raised its full-year revenue guidance and the stock fell anyway, though it has since recovered along with other fintech stocks, extending a pattern where strong prints draw immediate sell orders.

The quarter's central tension is straightforward: higher revenue guidance arrived without a corresponding lift in profit guidance, and the market priced that gap.

The case for SoFi starts with what the company reported for the second quarter. Revenue grew 40% to $1.2 billion.