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SOFI Stock Grinds Higher As Earnings Beat Fuels Bull–Bear Battle

JACK KELLOGG•UPDATED AUG. 13, 2026, 3:02 PM ET
Reviewed by Tim Sykesand Fact-checked by Ellis Hobbs

SoFi Technologies Inc. stocks have been trading up by 3.18 percent after upbeat earnings and strong user growth lifted investor confidence.

Key Takeaways For SOFI Traders

  • Q2 results from SoFi Technologies topped expectations, with adjusted EPS of $0.12 and revenue near $1.2B, backed by 35% member growth and 42% product growth.
  • Management raised FY26 guidance, now calling for 32%–35% adjusted net revenue growth and 33%–34% EBITDA margins, reinforcing confidence in SOFI’s profitability path.
  • New CAZ Investments and AngelList private-market funds on SoFi Invest expand access to private equity, private credit, real assets, and venture capital in AI, fintech, healthcare, and defense.
  • Major Wall Street firms including Needham, Mizuho, Goldman Sachs, and Truist reset their SOFI price targets after Q2, highlighting tension between strong growth and capital intensity.
  • A multi-year Notre Dame Athletics partnership makes SoFi Technologies the official financial services partner and first jersey patch sponsor, adding a $1.4M annual commitment to education and scholarships.

Candlestick Chart

Live Update At 15:02:15 EDT: On Thursday, August 13, 2026 SoFi Technologies Inc. stock [NASDAQ: SOFI] is trending up by 3.18%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

SOFI’s tape has been quietly strong. Over the last few weeks, SoFi Technologies has pushed from the mid-$16s to above $18, with the latest close around $18.505. That is a steady uptrend, not a meme-style spike, and traders should respect that slope.

Daily candles show higher lows since 2026/07/29, when SOFI bounced from roughly $15.25 after earnings volatility. Since then, buyers have stepped in on dips toward $17–$18, turning that zone into a key support band to watch.

Intraday, SOFI has traded in a tight channel between $18.10 and $18.50, with consistent bids showing up on small pullbacks. This kind of grind higher often signals accumulation rather than wild speculation. Volume and range are controlled, which favors disciplined day traders who scale in and out instead of chasing breakouts blindly.

More Breaking News

Fundamentals back the trend. SoFi Technologies just printed about $1.22B in quarterly revenue and a $0.12 adjusted EPS, reflecting a business that is now consistently profitable on an adjusted basis. With a price-to-sales ratio near 5.9 and a price-to-book around 2.1, SOFI still trades like a growth name, but not at nosebleed levels.

Why Traders Are Watching SOFI Right Now

SOFI is in that sweet spot where the story is shifting from “can they survive” to “how big can this get.” Q2 results did a lot of the heavy lifting. SoFi Technologies beat on both top and bottom line, with revenue around $1.2B versus $1.13B expected and adjusted EPS of $0.12 versus $0.11. More important for traders, members grew 35% and products grew 42%. That tells you SOFI’s “everything app” strategy is actually pulling people in and getting them to use more services.

Management then doubled down with a raised FY26 outlook. SoFi Technologies now guides to 32%–35% adjusted net revenue growth and 33%–34% EBITDA margins, along with adjusted EPS of $0.60. That is the company effectively telling Wall Street, “We are not just a loan shop; we are building a profitable financial platform.”

Yet the stock sold off roughly 5% premarket after earnings and even dropped about 7% in the following days, which is classic “good news, tough reaction.” Analysts responded by re-marking their models. Needham trimmed its SOFI target to $24 but kept a Buy. Mizuho cut to $22 from $29 while staying Outperform, pointing at flat EBITDA guidance and a lower CET1 capital ratio. Goldman Sachs went to $18 with a Neutral view, flagging high expenses and capital intensity.

On the flip side, Truist nudged its SOFI target up to $19 and highlighted stronger personal and student loan originations. For active traders, this split tape from the Street is gold: strong growth and guidance on one side, real questions about balance sheet risk and earnings quality on the other. That tension fuels volatility and creates both breakout and fade setups.

Conclusion

SOFI is not trading on hype alone anymore. The latest quarter shows SoFi Technologies putting up real numbers: $1.22B in revenue, positive EPS, and raised long-term guidance. At the same time, the company is extending its reach. New private-market funds from CAZ Investments and AngelList on SoFi Invest bring private equity, private credit, real assets, and venture capital exposure into the app, tied to sectors like AI, fintech, healthcare, and defense. That is sticky, higher-value engagement if SOFI executes.

Brand-building moves matter too. The Notre Dame Athletics deal makes SoFi Technologies the official financial services partner and first jersey patch sponsor, plus funds $1.4M a year in scholarships and financial education. That puts the SOFI name in front of students and sports fans who are tomorrow’s credit and trading customers.

Still, traders cannot ignore the bear arguments. Analysts at Mizuho and Goldman Sachs are clearly worried about capital ratios, expenses, and earnings conversion. With SOFI’s price-to-earnings near 41 and price-to-sales around 5.9, the market already prices in a lot of success.

For traders in the Sykes community, this is where discipline comes in. As Tim Sykes always says, “Cut losses quickly and never marry a stock—trade the pattern, not the story.” As millionaire penny stock trader and teacher Tim Sykes says, “Small gains add up over time; focus on building wealth gradually, not chasing jackpots.”. SOFI is offering patterns now: an uptrend off $15 support, a tight $18 range, and a bullish fundamental backdrop mixed with valuation and capital risk. Study the chart, know your levels, and remember this is for educational and research purposes only—not advice to buy or sell.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”