The company reported robust revenue growth, driven by its lending and financial services segments. More importantly, net income came in stronger than expected — a sign that SoFi is making real progress toward sustainable profitability, not just top-line expansion.

SoFi also raised its guidance for the rest of the year, a signal that management sees momentum continuing across student loans, personal loans, and cross-selling within its digital financial ecosystem. The end of the student loan moratorium has given the lending business a boost, while the platform’s expansion into banking services is driving user growth and engagement.

Technically, SOFI is breaking above resistance levels that capped gains for much of 2024. If momentum holds, $12–$14 could be the next test zone, but a full re-rating toward $25 isn’t out of the question — especially if macro conditions stay supportive and the company keeps surprising with improving margins.

Of course, risks remain: competition is fierce, regulatory pressure is always a concern in fintech, and higher-for-longer interest rates could impact demand. But with this earnings beat, SoFi just flipped the narrative — from a pandemic SPAC darling to a maturing digital bank with real earnings power.

Is this the beginning of SoFi’s next chapter? Or just a post-earnings bounce? Will you ride the wave toward $25?