SoFi Fires Back At Short Seller Muddy Waters, CEO Buys Shares

Core Viewpoint - SoFi Technologies is responding to allegations from short seller Muddy Waters regarding its financial health and business model, with CEO Anthony Noto purchasing shares to demonstrate confidence in the company [1][2]. Financial Performance - In the December quarter, SoFi reported earnings of $0.13 per share, a 160% increase year-over-year, with net adjusted revenue rising 40% to $1.025 billion, surpassing analyst expectations of $0.12 earnings on $977 million revenue [6]. - SoFi added a record 1 million members in Q4, bringing total membership to 13.7 million [6]. Stock Performance - SoFi stock experienced volatility, falling 1.5% on Tuesday and retreating 36% in 2026, despite a significant 70% increase in 2025 [3]. - The stock holds a Composite Rating of 47 out of a maximum of 99, indicating below-average growth potential, and an Accumulation/Distribution Rating of E, suggesting heavy selling by institutions [7]. Business Expansion - Originally focused on student loan refinancing, SoFi has diversified its offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning, and it now holds a banking license [4]. - The company is expanding into new areas, such as providing access to private market funds and launching a co-branded debit card program [5].