Stock Market Today, Oct. 27: SoFi Soars 13% After Beating Estimates and Raising Guidance

SoFi (SOFI) jumped 13.42% on October 27, 2026, after Q3 results beat estimates and management raised full-year guidance.

The numbers behind the move: revenue grew 44%, adjusted EPS grew 64%, and membership rose 35%. Those three growth rates, all landing together, gave buyers a clean beat-and-raise setup.

Guidance did the heavy lifting. SOFI lifted its 2026 revenue forecast to $5.04 billion and set an adjusted EPS target of $0.90. A raised outlook typically matters more to the stock than a one-quarter beat, since it resets the numbers analysts must now defend.

CEO Anthony Noto also put a long-range marker down: 100 million products by 2030, a 4x increase from current levels. That implies current product count sits near 25 million. This is interpretation, not a reported figure. The target frames how management wants investors to value the platform, with product growth as the core metric.

Positioning note: the earnings-driven gap leaves SOFI extended after a double-digit single-day move, so the next sessions will show whether buyers defend the new level or fade it. UPST, tagged alongside SOFI in this earnings cluster, may trade in sympathy as traders compare read-throughs.