Why Is SoFi (SOFI) Stock Price Down 8.90% Today, July 29? Guidance Caution Overshadows Earnings Beat

AI Market Summary
SoFi shares sold off ~9% despite a Q2 earnings and revenue beat as investors focused on unchanged full-year profitability guidance and weaker technology-platform revenue. The reaction suggests a valuation reset driven by skepticism about operating leverage and earnings quality rather than a new operational warning. Near-term trading may remain sensitive to follow-through on guidance credibility and stabilization in platform performance.
Impact level
● Low
Affected assets
NCSKSOFI2USD/USDT-5.00%
AI Insight · NCSKSOFI2USD/USDTAI Insight
▼ Bearish
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SoFi (SOFI) fell exactly 8.90% to $15.25 on July 29, 2026 as investors focused on unchanged profitability guidance after a second-quarter earnings beat. Read the daily analysis of SoFi's earnings-quality outlook, momentum risk and key technical levels.