---
title: "SoFi Technologies' Q2 Guidance Weaker Than Expected, 2026 Outlook Implies Ramp in H2, Morgan Stanley Says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284809562.md"
description: "SoFi Technologies' Q2 guidance is weaker than expected, with projected revenue of $1.11 to $1.12 billion, 0.7% below estimates, and EBITDA of $330 to $340 million, 16% below prior estimates. Morgan Stanley lowered its Q2 EPS estimate to $0.11 and maintained its revenue estimate at $1.123 billion. The firm noted increased marketing spend and product innovation investments, suggesting a ramp-up in H2 for long-term growth. Morgan Stanley also reduced its price target for SoFi's stock from $18 to $16, maintaining an underweight rating."
datetime: "2026-04-30T16:27:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284809562.md)
  - [en](https://longbridge.com/en/news/284809562.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284809562.md)
---

# SoFi Technologies' Q2 Guidance Weaker Than Expected, 2026 Outlook Implies Ramp in H2, Morgan Stanley Says

12:27 PM EDT, 04/30/2026 (MT Newswires) -- SoFi Technologies' ( SOFI ) guidance for Q2 was weaker than expected, while the 2026 outlook implies a ramp up in H2, Morgan Stanley said in a Thursday research note.

The company's Q2 guidance implies about $1.11 billion to 1.12 billion in revenue, which is 0.7% below Morgan Stanley estimates, and $330 million to $340 million in earnings before interest, taxes, depreciation and amortization, which is 16% below prior estimate, Morgan Stanley said.

The firm lowered its Q2 earnings per share estimate by 4 cents to $0.11 and kept its revenue estimate unchanged at $1.123 billion.

Morgan Stanley said the company has noted an increase in marketing spend in H1, in addition to investments in product innovation, which it believes will drive a ramp up in H2 and support longer-term growth.

Morgan Stanley lowered its price target on the company's stock to $16 from $18 and kept its underweight rating.

Price: 16.21, Change: +0.68, Percent Change: +4.38

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [SOFI.US](https://longbridge.com/en/quote/SOFI.US.md)
- [FINX.US](https://longbridge.com/en/quote/FINX.US.md)
- [ARKF.US](https://longbridge.com/en/quote/ARKF.US.md)
- [SOFX.US](https://longbridge.com/en/quote/SOFX.US.md)
- [MS.US](https://longbridge.com/en/quote/MS.US.md)
- [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md)
- [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md)
- [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md)
- [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md)
- [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md)
- [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md)
- [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md)
- [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md)
- [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md)

## Related News & Research

- [Prediction: This Will Be SoFi's Stock Price in 2030](https://longbridge.com/en/news/287962867.md)
- [SoFi Technologies, Inc. $SOFI Shares Acquired by Seven Grand Managers LLC](https://longbridge.com/en/news/287902007.md)
- [SoFi's Tech Platform Revenue Is the Quiet Story Behind the Stock](https://longbridge.com/en/news/287862227.md)
- [Investors Buy Large Volume of SoFi Technologies Call Options (NASDAQ:SOFI)](https://longbridge.com/en/news/288113302.md)
- [The Most Hated Trade On The Screen May Be About To Rip Again](https://longbridge.com/en/news/287620001.md)