SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, with CEO Anthony Noto deeming 2024 the fintech’s “best year ever.” However, shares tumbled 9.8% to $16.16 in trading Monday as financial guidance from the company seemed to overshadow its quarterly results.

SoFi Technologies pointed to "macro assumptions" in giving weaker-than-expected quarterly and full-year guidance.

SoFi Technologies Inc. provided mixed first-quarter guidance, with profitability expected to be below Wall Street forecasts but revenue above — and that’s sending the stock sinking more than 9% in early Monday trading.

SoFi Technologies (SOFI) stock drops 11% in premarket trading after issuing Q1 and 2025 earnings guidance below expectations, with Q4 EPS slightly

I favor the bullish case — although in my view the market will only react positively if SoFi exceeds investor expectations and raises its guidance when the company

SoFi posted adjusted earnings per share of 5 cents, beating Wall Street’s call for 4 cents, according to FactSet. Adjusted net revenue of $739 million wa