---
title: "SoFi shares fall as post-earnings slump continues"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286647563.md"
description: "SoFi reported Q1 revenue of $1.08 billion, surpassing expectations, yet shares declined due to cautious guidance and selling pressure. CEO Anthony Noto increased his stake to nearly 12 million shares, indicating confidence. Additionally, SoFi plans to acquire most assets of PrimaryBid to expand internationally despite a tough UK IPO market."
datetime: "2026-05-16T14:13:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286647563.md)
  - [en](https://longbridge.com/en/news/286647563.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286647563.md)
---

# SoFi shares fall as post-earnings slump continues

Earnings beat, stock dips: SoFi delivered $1.08 billion in Q1 revenue, exceeding expectations, but shares fell amid cautious guidance and ongoing selling pressure. CEO increases stake: CEO Anthony Noto purchased more shares this month, bringing his direct holdings to nearly 12 million shares, signaling long-term confidence. UK expansion move: SoFi will acquire most assets of PrimaryBid, extending its reach internationally despite a challenging UK IPO environment.

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