SoFi brought in $1.4 billion in revenue in Q3, a record, and already set its 2027 guidance at $6.4 billion. So what happened? The stock was cut in half from its high and languished for a year—then jumped 16% tonight. A good business and a good stock are two different things. Nobody pays attention while it’s flat; once it starts climbing, everyone has questions. The question is: after languishing for a year, is this 16% a recovery—or just the beginning?

$SOFI