SoFi Technologies (NASDAQ:SOFI) stock jumped north of 4% in premarket trading after the lender delivered a Q1 earnings beat and lifted its full-year outlook, driven by record membership growth and stronger fee-based revenue. The move also reverses part of a volatile six-month swing that has seen shares climb from $10.50 to $18.50 in January before sliding back below $10 in March and rebounding above $13 in April.

• Q1 adjusted EPS of $0.06 vs. $0.03 consensus, up from $0.05 in Q4 and $0.02 in Q1 '24.
• Q1 adjusted net revenue $770.7 M vs. $738.9 M expected, rising from $739.1 M last quarter
• Net interest income $498.7 M beats $472.4 M est.; originations jumped 66% YoY to $7.25 B
• Members hit 10.9 M vs. 10.1 M in Dec. and 8.13 M a year ago; deposits grew to $27.3 B
• Q2 EPS guide $0.050.06 vs. $0.06 est.; revenue guide $785 M$805 M vs. $791 M est.
• 2025 GAAP EPS lifted to $0.270.28 (vs. $0.25 est.), revenue $3.235 B$3.310 B (vs. $3.19 B)

• Warning! GuruFocus has detected 5 Warning Signs with SOFI.

CEO Anthony Noto said, We delivered our highest revenue growth rate in five quarters, driven by new records in members, products, and fee-based revenue. With strong first-quarter momentum, we're accelerating innovation and boosting our 2025 guidance. The revised outlook reflects confidence in new lending products and deeper banking-app engagement.

Chart watchers will note that SoFi's stock has been a roller-coaster: after rallying nearly 75% from late October to mid-January on fintech optimism, shares plunged through February into the low-teens and briefly dipped below $10 in late March amid profit-taking and broader market headwinds. The April rebound above $13 suggests a consolidation around the $10$11 support zone and resistance near $14$15. A sustained move above $15 could reignite the uptrend; a slip below $10 may signal renewed downside risk.

Investors care because SoFi's ability to translate membership gains into durable revenue and earnings growth will determine if it can shake off volatility and justify its fintech premium. GuruFocus flags the need to watch customer acquisition costs and credit performance as potential near-term risks.

With Q2 guidance due early July and a full-year Investor Day in November, markets will be tuning in for proof that SoFi can keep innovation pace and membership engagement in sync with its upgraded 2025 targets.