SoFi Technologies Inc (NASDAQ:SOFI) shares are dropping on Friday. The company is giving back early gains after the it initially jumped on stronger‑than‑expected fourth‑quarter results.
The company posted earnings of 13 cents per share, slightly above the 12 cents consensus estimate. Revenue also climbed sharply, rising $273.72 million from the same quarter a year ago.
SoFi Reports Strong Guidance
Looking ahead to full‑year 2026, SoFi expects to grow total members by at least 30% year-over-year and generate about $4.655 billion in adjusted net revenue, which also represents roughly 30% growth.
Management is forecasting adjusted EBITDA of around $1.6 billion, implying a margin of about 34%. Adjusted net income is expected to reach roughly $825 million, or an 18% margin, with …