SoFi stock is falling due to increased risk from holding more loans on its balance sheet, leading to a lower valuation.
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What's Going on With SoFi Stock? | SoFi Earnings Review Part 2
May 2, 2026
SoFi's stock price fell over 13% following its latest quarterly results due to a shift in its lending segment. The company increased its risk by holding more loans on its balance sheet rather than originating them for third-party lenders, which investors view as a more capital-intensive and risky business, leading to a lower valuation multiple closer to that of legacy banks.
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