Why Is SoFi Technologies (SOFI) Up 6.5% Since Last Earnings Report?

SoFi Technologies (SOFI) shares have risen 6.5% since its last earnings report, outperforming the S&P 500, with upward trending earnings estimates leading to a Zacks Rank #3 (Hold) and expectations of an in-line return in the near term. In comparison, Blackstone (BX), another stock in the same industry, has gained 5.1% over the past month; its last quarter showed revenues of $2.76 billion (+8.4% year-over-year) and EPS of $1.09 compared to $0.98 a year ago, but it carries a Zacks Rank #4 (Sell).

Analysis

SoFi Technologies (SOFI) has demonstrated positive momentum, with its shares appreciating 6.5% since its last earnings report, thereby outperforming the S&P 500. This performance is supported by an upward trend in earnings estimate revisions over the past month, leading to a Zacks Rank #3 (Hold) and an expectation of in-line returns in the near term. However, SoFi's investment profile is mixed, as reflected by its VGM Scores: an average 'C' for both Growth and Momentum, but a concerning 'F' for Value, contributing to an overall VGM Score of 'D'. In contrast, Blackstone Inc. (BX), a peer in the Zacks Financial - Miscellaneous Services industry, gained 5.1% over the past month. Blackstone reported robust year-over-year revenue growth of 8.4% to $2.76 billion and an EPS increase to $1.09 from $0.98 in its quarter ended March 2025. Furthermore, Blackstone's EPS for the current quarter is projected to grow by 13.5% year-over-year to $1.09. Despite these positive historical and projected earnings figures, the Zacks Consensus Estimate for Blackstone has seen a slight downward revision of -0.8% over the last 30 days, contributing to a Zacks Rank #4 (Sell) and an overall VGM Score of 'D'.

Key Decisions for Investors

• Investors in SoFi Technologies should note the positive share price momentum and upward earnings estimate revisions, but remain cautious due to its poor 'F' grade for Value and overall 'D' VGM score, aligning with the Zacks Rank #3 (Hold) which suggests monitoring for sustained performance before increasing exposure.
• For Blackstone Inc., despite strong past earnings growth and a positive EPS outlook for the current quarter, the recent negative revision in consensus estimates and a Zacks Rank #4 (Sell) warrant caution; existing investors might consider re-evaluating their positions, while prospective investors may await more favorable analyst sentiment.
• The divergent Zacks Ranks (Hold for SOFI, Sell for BX) alongside similar overall VGM scores within the same industry underscore the necessity of scrutinizing individual company fundamentals and estimate trends rather than relying solely on recent price performance or broad industry movements.