SoFi shares are up 7% premarket after management issued an annual adjusted net revenue outlook.
Why SoFi Stock Is Up Premarket
SoFi Technologies Inc. (NASDAQ: SOFI) is up 7% at $15.45 in premarket trading, before the regular session opens, after management issued its annual adjusted net revenue outlook. The annual forecast gives holders a longer-range view of management’s sales expectations, but it does not set a next-quarter target. We covered SoFi’s stablecoin plans on Tuesday, when shares rose 3% on plans to settle card payments with SoFiUSD, a digital token designed to hold a steady value.
What SoFi Technologies Inc. Does
SoFi runs an online financial services platform. Its wide range of services gives investors an operating business to track, rather than a company still waiting for its first product to reach customers.
SoFi Adjusted Net Revenue Outlook
SoFi expects $5.04B in adjusted net revenue for 2026. Adjusted net revenue is the company’s own sales measure, which changes what counts as revenue in its calculation; the announcement does not say which items it adjusts. Guidance means management’s forecast, so this gives holders a future benchmark, not a promise of what SoFi will report.
Quick Financial Overview
SoFi is a large-cap company, meaning its market value is high compared with smaller listed firms. Its market cap, the value of all its shares at current prices, is $19.95B. The online financial-services platform has an operating business, so holders can track sales and growth rather than waiting for a first product to launch.
SoFi Stock Rebounds After a -12.79% Monthly Slide
SoFi had traded near the mid $16s a month ago before today’s premarket rise. The monthly slide fits a longer decline: shares are down 23% over six months and down 48% over the past year. Today’s bounce is a rebound inside that broader decline, not proof that the trend has turned.
Trading Perspective
The opening gap is the space between the prior close and the new session’s first price, and its lower edge is the low $14s. Staying above that edge would keep the premarket rebound intact; falling below it would weaken the move.
Conclusion
The next dated event is the Federal Reserve’s policy decision on Wednesday. The U.S. central bank’s move could shift borrowing costs for financial firms; a hold would leave rates unchanged, while a cut would lower them. SoFi’s next quarterly report will test whether its longer-range sales outlook tracks actual results, but its date is not supplied.
This is stock news, not investment advice. StocksToTrade News delivers real-time stock market updates tailored to highlight the key catalysts driving short-term price movements. Our coverage is designed for active traders and investors who thrive in fast-moving markets, with a focus on volatile sectors like penny stocks, AI stocks, Robinhood stocks and other momentum plays. From earnings reports and FDA approvals to mergers, new contracts, and unusual trading volume, we break down the events that can spark significant price action.
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