SoFi stock sinks after in-line Q1 EPS, unchanged guidance (SOFI:NASDAQ)

SoFi Technologies fell 9.3% in premarket trading after posting in-line Q1 earnings and leaving 2026 guidance unchanged. The company reaffirmed GAAP EPS of about $0.60 for 2026, but the lack of a guidance raise disappointed investors. The move reflects a negative read-through on growth expectations and sentiment rather than a fundamental earnings miss.

Analysis

SoFi Technologies fell 9.3% in premarket trading after posting in-line Q1 earnings and leaving 2026 guidance unchanged. The company reaffirmed GAAP EPS of about $0.60 for 2026, but the lack of a guidance raise disappointed investors. The move reflects a negative read-through on growth expectations and sentiment rather than a fundamental earnings miss.