Fintech Stocks in Focus as Earnings Circle

SoFi Techologies and PayPal both had strong first quarters

Laura McCandless

Deputy Editor

Apr 29, 2025 at 1:58 PM

Fintech stocks SoFi Technologies Inc (NASDAQ:SOFI) and PayPal Holdings Inc (NASDAQ:PYPL) are in focus today, after both companies announced better-than-expected first-quarter earnings and revenue results. SoFi Technologies also lifted its full-year forecast, while PayPal maintained its profit outlook.

SOFI was last seen up 1.9% at $13.45, heading for its sixth-straight win. Though the stock jumped over the $14 level earlier today, it will be interesting to see if it is ultimately rejected there once again, as it was in late March. Year to date, the equity is down 13.4%.

PYPL was up 2% at $66.26 at last check, though the 50-day moving average appears to be keeping a cap on gains. Since the start of the year, the stock is down 22.8%.

Sector peer Block Inc (NYSE:XYZ) will announce its latest earnings report after the close on Thursday, May 1. Analysts expect earnings of 48 cents per share, compared to the 47 cents per share reported in the same quarter a year ago. XYZ was last seen up 0.9% at $58.84 today, brushing off a hefty price-target cut from Deutsche Bank to $75 from $125.

Follow @Schaeffers

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.