Wealthfront Has Lost 41% of Its Value Since Its December IPO Despite Record Revenue, and the Robo-Advisor's Struggle Tells a Bigger Story About Fintech in 2026
Wealthfront's stock has fallen from $14 at its December IPO to $8.20, erasing $800 million in market value despite record revenue of $93.2 million and $92.8 billion in platform assets. The decline signals a broader fintech valuation reckoning.