So Q2 went well, and SoFi seems well established in its role as a profitable online banker at this point. On the other hand, its stock price has nearly tripled over the past year. That's great for existing shareholders, but new investors may be wondering if SoFi now costs too much.

SoFi Technologies shares are jumping 16% in intraday trading Tuesday after the personal finance tech firm posted better-than-estimated results and boosted its revenue and earnings outlook.

SoFi Technologies Inc. dropped in late trading Tuesday, mostly wiping out earlier gains, after the provider of consumer financial services said it’s selling $1.5 billion of stock.