SoFi Stock Is Down Over 30% and Here Is What Investors Should Consider Now

SoFi stock has fallen more than 30% year-to-date, and the next earnings report is expected to clarify whether the decline is temporary. As of June 24, shares are down over 30% for the year after having risen over the prior month. SoFi Technologies (NASDAQ: SOFI) is expected to report 2026 second-quarter earnings in late July or early August, which could influence near-term direction. In its 2026 first-quarter results, the company maintained adjusted full-year guidance of $4.6 billion in revenue and $825 million in adjusted net income. For Q1 2026, SoFi added 1.1 million new members to reach 14.7 million, marking record growth. Revenue from its Technology Platform fell 27% in Q1, leading to a rebrand to SoFi Technology Solutions.