Streetbeat News

UPST

Upstart Holdings, Inc.

https://www.upstart.com

Industry

Financial - Credit Services

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. The company was founded in 2012 and is headquartered in San Mateo, California.

Open

67.68

Mkt cap

6.2B

Volume

6.5M

High

69.65

P/E Ratio

-35.79

52-wk high

86.07

Low

64.60

Div yield

N/A

52-wk low

20.60

Upstart reported a strong quarter, but investors should be cautious as there may be underlying issues not immediately apparent from the earnings report.

Portfolio Pulse from

November 17, 2024 | 12:00 am

Upstart Holdings, Inc. (UPST) is gaining significant attention from investors, as noted by Zacks.com users. This suggests potential interest in the stock's future performance.

Portfolio Pulse from

November 13, 2024 | 3:15 pm

Upstart has announced the pricing of a $425 million offering of 1.00% convertible senior notes due in 2030. This move is likely aimed at raising capital for future growth and operations.

Portfolio Pulse from

November 13, 2024 | 4:30 am

Upstart Holdings, Inc. (UPST) is experiencing a surge in its stock price due to its use of artificial intelligence in lending decisions. This innovative approach is attracting investor interest.

Portfolio Pulse from

November 12, 2024 | 3:00 pm

Upstart Holdings has shown improved Q3 performance with a 43% increase in lending volume and positive adjusted EBITDA. However, concerns remain about its AI lending models' resilience in a recession and its high valuation compared to peers.

Portfolio Pulse from

November 09, 2024 | 2:15 pm

Fintech companies Upstart and Toast reported better-than-expected quarterly results, leading to a positive reaction from Wall Street.

Portfolio Pulse from

November 09, 2024 | 2:00 am

Upstart (UPST) released its Q3 earnings, providing insights into its performance for the quarter ended September 2024. The focus is on how key metrics compare with Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 08, 2024 | 8:15 pm

Upstart's stock surged nearly 50% following its earnings report, indicating a strong return to growth for the company.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

Upstart's stock is experiencing a significant increase as analysts highlight the company's improved trajectory. The AI lender is benefiting from a favorable interest-rate environment, strategic funding partnerships, and strong credit trends.

Portfolio Pulse from

November 08, 2024 | 2:15 pm

Upstart Holdings, Inc. (UPST) held its Q3 2024 earnings conference call on November 7, 2024. Key participants included company executives and analysts from various financial institutions.

Portfolio Pulse from

November 08, 2024 | 6:00 am

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