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Barchart

Wajeeh Khan

Ahead of SoFi Earnings, Here's What Barchart Data Says Comes Next for SOFI Stock

SOFI Barchart SoFi Technologies

SoFi Technologies (SOFI) shares are inching lower ahead of the company’s fiscal Q2 earnings set to be released before the market opens on Wednesday, July 29. Consensus is for the company to record $1.11 billion in revenue on $0.11 in earnings per share (EPS), with the latter representing a 37.5% year-over-year increase.

The quarterly update arrives at a time when SOFI stock is under immense pressure, currently down about 40% versus the start of this year.

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