Bragar Eagel & Squire Investigates Wealthfront Losses for Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Investor Loss Investigation: Bragar Eagel & Squire is investigating whether Wealthfront violated federal securities laws after reporting a significant net deposit outflow of $208 million in Q3 2026, a stark decline from $874 million in inflows the previous year, potentially exposing investors to substantial losses.
- Stock Price Plunge: Following the earnings report on January 13, 2026, Wealthfront's stock price fell by $2.12, or 16.8%, closing at $10.47 per share, reflecting market concerns about the company's future prospects.
- CEO Ownership Concerns: CEO David Fortunato disclosed he personally owns 95.1% of Wealthfront's newly launched home-lending business and mentioned the possibility of revisiting the ownership structure, raising governance concerns among investors.
- Legal Consultation Opportunity: Bragar Eagel & Squire encourages all shareholders who suffered losses in Wealthfront to contact them to understand their legal rights and potential claims, highlighting the firm's commitment to protecting investor interests.
Analyst Views on WLTH
Wall Street analysts forecast WLTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WLTH is 16.47 USD with a low forecast of 12.83 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 9.200
Low
12.83
Averages
16.47
High
20.00
Current: 9.200
Low
12.83
Averages
16.47
High
20.00
About WLTH
Wealthfront Corporation is a technology company that built a financial solutions platform for digital natives. Its platform is designed to address the needs of the wealth builders within these generations. Its technology-driven financial solutions help clients turn savings into long-term wealth. Its suite of products, including cash management, investment advisory, borrowing and lending, and financial planning solutions, address the diverse financial needs of its clients regardless of the economic environment. It offers financial products that span a risk spectrum, designed to be delivered through Web and mobile channels. It offers cash management, investment advisory, borrowing and lending, and financial planning. Its proprietary technology includes Omnibus Brokerage Platform, Fully Integrated Brokerage and Cash Management, Financial Data Aggregation, and Data and Analytics Platform. Its omnibus brokerage platform is the foundation for its investing and cash management solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
