SoFi Slides Ahead of Q1 Results as Short-Seller Claims Hang Over Shares

Overview

• SoFi’s stock has fallen about 47% from its November 2025 high after a March 17 Muddy Waters report alleged accounting problems that SoFi called inaccurate.
• Wall Street is focused on late‑April first‑quarter results, with expectations near $1.04 billion in adjusted revenue and about $0.12 in earnings per share to gauge growth, credit quality, and profitability.
• SoFi’s fourth quarter beat forecasts with earnings of $0.13 per share and $1.01 billion in revenue, up 39.6% year over year, and the company added a record 1 million members.
• Analyst views are split, with seven Buys, ten Holds, and three Sells, and recent target cuts from firms including Barclays ($18), Goldman Sachs ($20), Keefe, Bruyette & Woods ($17, underperform), and Truist ($21).
• Recent filings show mixed positioning, with funds such as Zurcher Kantonalbank boosting stakes and insiders selling shares, as the company rolls out FedNow real‑time transfers and a new in‑app digital HELOC.