SoFi Technologies Inc (NASDAQ:SOFI) shares are trading higher on Monday as traders continue to digest the company’s latest quarterly update and raised outlook.

SoFi Technologies stock is among today's top performers.

Why are SOFI shares rallying?

What Catalyzed SoFi's Stock Surge?

SoFi’s most recent quarterly report featured adjusted EPS of 12 cents (beating 11 cent estimate) on $1.206 billion in sales (above $1.121 billion estimate), with management lifting full-year 2026 sales guidance from $4.75 billion to $4.85 billion and reaffirming its outlook for 60 cents in full-year adjusted EPS.