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SoFi is revving up consumer lending. Investors are tapping the breaks.

SoFi reported record revenue for the second quarter of 2026 and raised its full-year forecast. However, the stock price fell as the company maintained its previous profit forecast. Investors are reacting to the firm's push to increase consumer lending.

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What changed

SoFi reported record Q2 2026 revenue and an increased full-year forecast, but shares declined.

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  1. SoFi Stock Drops Despite Record Q2 Revenue

    SoFi reported record revenue for the second quarter of 2026 and raised its full-year forecast. However, the stock price fell as the company maintained its previous profit forecast. Investors are reacting to the firm's push to increase consumer lending.

    What's confirmed:

    • SoFi reported record revenue for the second quarter of 2026.
    • The company raised its full-year forecast.
    • SoFi stock prices dropped following the earnings report.

    Still unconfirmed:

    • SoFi is increasing its consumer lending activities.
    • An unchanged profit forecast tempered the record quarter.
    confidence 90%