{
  "id": 16800363,
  "title": "Stock Market Today, Oct. 27: SoFi Soars 13% After Beating Estimates and Raising Guidance",
  "url": "https://urgent.news/2026/10/27/stock-market-today-oct-27-sofi-soars-13-after-beating-estimates-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T20:48:21.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/10/27/stock-market-today-oct-27-sofi-soars-13-after-beating-estimates-and-raising-guidance/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "On October 27, SoFi Technologies (SOFI) experienced a 13.42% surge in its stock price, closing at $16.40. The digital financial services platform, which offers lending, banking, investing, and technology services, surpassed both Q3 revenue and earnings estimates. Management also raised its full-year guidance. The trading volume surpassed 158.8 million shares, a significant 209% increase over the three-month average of 51.4 million shares.\n\nDuring the earnings call, investors focused on various metrics, including credit trends, loan demand, deposits, and 2027 guidance. SoFi Technologies, which went public in 2021, has seen a 34% growth since its IPO. The S&P 500 (^GSPC) rose 0.60% to 7,723, while the Nasdaq Composite (^IXIC) gained 1.18% to 26,478.\n\nUpstart Holdings (UPST) also had a strong Q3 earnings call, with its stock closing at $23.71, up 3.09%. SoFi Technologies management raised 2026 revenue guidance from $4.9 billion to $5.04 billion and set an adjusted EPS target of $0.90. CEO Anthony Noto highlighted an exciting vision for the future, stating, \"We see a clear path to achieving 100 million products by the end of 2030, which is a 4x increase from where we stand today.\"\n\nAt its current valuation of 18 times its forward EPS guidance, some investors may question whether SoFi's potential growth is overpriced. However, if the company can deliver on its ambitious goals, this valuation may be justified. As a long-term holder, the reporter expresses satisfaction with maintaining their shares and believes SoFi offers outperformance potential as it expands beyond its student loans roots into a comprehensive bank.",
  "summary": "On Oct. 27, 2026, the fintech lender posted record revenue and membership growth, signaling durable margins and accelerating loan demand.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Stock Market Today, Oct. 27: SoFi Soars 13% After Beating Estimates and Raising Guidance",
        "url": "https://urgent.news/2026/10/27/stock-market-today-oct-27-sofi-soars-13-after-beating-estimates-and-16801469",
        "published": "2026-10-27T21:08:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}