🔴 SoFi Technologies is trading 9.27% down today despite beating Q2 earnings estimates and raising full-year guidance

SoFi Technologies reported strong Q2 2026 financial results today, July 29, 2026.

• The company posted adjusted diluted EPS of $0.12, surpassing the analyst consensus of $0.11.
• Adjusted net revenue reached $1.2 billion, exceeding the estimated $1.11 billion.
• SoFi also lifted its full-year adjusted net revenue guidance to a range of $4.75 billion to $4.85 billion, up from prior expectations.
• The stock is trading 9.27% down at $15.19 today, amid broader market caution, a Federal Reserve meeting, and a softening in tech sentiment following a semiconductor sell-off.