SoFi's transition in the eyes of the market from a high-growth fintech disruptor to a more mature, bank-like operator prompts the key question of whether the stock’s pullback represents a cracking fintech narrative or an attractive entry point.

SoFi was thrust into the hot seat last month when a short seller accused the fintech of accounting manipulation. The company called the report “factually inaccurate and misleading.”

Shares of SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) are down roughly 9% in premarket trading on Wednesday, April 29, after the digital bank reported Q1 2026 results before market open (BMO).

SoFi CEO Anthony Noto explained that the company declined to raise its full-year outlook due to macro uncertainty, not weakness in fundamentals.

SoFi (SOFI) stock drops after in-line Q1 earnings and unchanged guidance—see revenue, originations, members, deposits, and what it means for 2026.

SoFi’s Q1 earnings could show whether its billion-dollar quarter was the start of a strong financial platform.

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, everything app for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced plans to host its 2026 Annual General Meeting of Stockholders (the "2026 Annual Meeting") on Wednesday,