SoFi targets 1m SoFi Plus members and $120m annual revenue within a year as it raises 2026 revenue outlook to $4.75B-$4.85B
SoFi has raised its revenue outlook for 2026 to $4.75 billion to $4.85 billion, aiming to secure 1 million SoFi Plus members within a year and achieve annual revenue of $120 million.
We are paying attention to the possibility that the strong positive factor of an upward revision in earnings outlook may offset the technical weakness. We believe that the current stock price is at a point where it is breaking through the resistance level of 16.5 and transitioning into an upward trend, prompting us to consider entering.
If it breaks through the resistance level of 16.5 and transitions into an upward trend, I will take profits at $17.2. If it falls below the support level of 14.5, I will cut losses at $14.0.
The RSI(14) is at 66.1, approaching the overbought range.
The predicted return was 8.2%, but the actual return was 16.8%, significantly exceeding expectations. The strategy based on breaking through the resistance level of 16.5 proved successful, confirming that a stronger upward momentum occurred than anticipated.
Despite being in an overbought range according to technical indicators, we have observed a pattern where the upward revision of earnings forecasts serves as a strong fundamental catalyst pushing the stock price higher. We will incorporate into our trading scenario the possibility that even if the indicators enter an overbought range in the future, the trend may continue if supported by news momentum.