A securities class action has been filed against SLM Corporation (SLM) on behalf of a class consisting of all persons and entities other than Defendants that invested in SLM securities between July 25, 2025 through August 14, 2025. This case has been filed in the USDC – NJ.
On the evening of December 8, 2025, SLM conducted an investor conference highlighting the company’s performance expectations for the coming years. SLM surprisingly disclosing an anticipated reduction to the SLM’s earnings potential for fiscal 2026, implying a 16% jump in annual expenses. The new outlook also implied earnings per share of only $2.63 to $2.87, compared to the previous consensus estimate range $3.40 to $3.88 per share.
Analysts responded quickly with price reductions highlighting the SLM’s “sobering outlook” and “earnings reset” headed into the next fiscal year. SLM’s stock price fell by $5.14 (16.67%) per share to open at $25.71 per share on December 9, 2025.