SoFi raises full-year profit outlook after blockbuster quarter

SoFi Technologies upgraded its 2025 profit forecast after posting record third-quarter results driven by growth in fee-based revenue. The fintech giant now expects adjusted earnings per share of about $0.37, up from prior guidance of $0.31 and above analysts’ expectation of $0.32. Shares rose over 3% on the update. SoFi has evolved beyond student-loan refinancing into a full-service digital financial platform, highlighting momentum among younger consumers seeking alternatives to traditional banks.