SoFi Stock Hits 52‑Week High After Stellar Q2 Performance
SoFi Technologies, Inc. (Nasdaq: SOFI) saw its stock surge to approximately $23.12, marking a fresh 52‑week high, a massive milestone propelled by investor excitement following the company’s blockbuster second-quarter results.
Shares soared more than 17% in pre‑market trading, reflecting soaring confidence after beating expectations on both revenue and earnings, and buoyed by upgraded guidance heading into the rest of 2025.
Financial Highlights: Earnings and Growth
Metric Q2 2025 Result Year-over-Year Growth
Adjusted Net Revenue $858 million +44%
GAAP Net Income $97 million Up from $17M
Adjusted EPS (diluted) $0.08 Beats consensus $0.06
Adjusted EBITDA $249 million (29% margin) +81%
Total Members 11.7 million +34%
Total Products 17.1 million +34%
Loan Originations $8.8 billion Record high
Fee-based Revenue $378 million (44% of revenue) +72%
CEO Anthony Noto described Q2 as a “surpassingly strong quarter,” highlighting robust product adoption, record membership gains, and strategic investments in brand building and innovation. “This is the worst we’ll ever be,” he added, projecting even stronger momentum ahead.
What Fueled the Surge
Membership and Product Momentum: SoFi added 850,000 net new members, with existing users purchasing multiple additional products, reinforcing cross‑sell initiatives via its Financial Services Productivity Loop.
Lending Explosion: Loan originations hit $8.8 billion, driven by large increases in personal (+66%), student (+35%), and home loans (+92%).
Diversified Revenue Streams: Fee-based revenue climbed to $378M—up 72%—while the Loan Platform Business generated $2.4B in third‑party originations. The Technology Platform continued growing at 15%, with revenue of ~$110M.
Meanwhile, credit performance improved: personal loan charge-offs declined to 2.83%, 90‑day delinquencies fell to 0.42%, and idle deposit funding saved over $550M annually while maintaining a 5.86% net interest margin.
Guidance Upgrade & Market Reaction
Following its standout quarter, SoFi raised its full-year outlook:
Adjusted net revenue: ~$3.375 billion (vs. prior $3.235–3.31B range)
Adjusted EBITDA: ~$960 million (28% margin)
EPS: ~$0.31 per share (up from prior $0.27–0.28)
Member growth: Expecting at least 3 million new members (~30% year-over-year growth)
The results prompted a sharp ~16% stock jump, lifting shares to around $23.10 and capping a one-year gain of nearly 187%. InvestingPro described SoFi’s financial health as “GOOD,” though they noted the stock trades above its fair value.
Valuation & Investor Viewpoints
SoFi’s performance is impressive, yet analysts remain cautious on valuation. Trefis flagged a P/S ratio of ~8.7 and P/E ~47, both well above S&P 500 averages (3.0 and 23 respectively). While growth remains robust, the stock’s downturn resilience is relatively weak. The firm rates overall risk/return profile as neutral.
Final Word: Growth at a Price
SoFi’s second quarter signals a turning point, strong financial traction, decisive investor debate, and meaningful forward guidance. Their dual-path model, melding lending, fee-based services, and technology platforms, is delivering momentum and profitability.