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

47.90

Mkt cap

4.5B

Volume

4.5M

High

49.24

P/E Ratio

-33.71

52-wk high

96.43

Low

47.23

Div yield

N/A

52-wk low

20.60

Upstart, an AI lending platform, is expanding into new markets with its innovative products, which could positively impact its stock.

Portfolio Pulse from

December 09, 2024 | 5:15 pm

Upstart Holdings, Inc. (UPST) is experiencing a slight decline in stock price, down 1.06%. The company uses artificial intelligence to streamline lending decisions, potentially offering a competitive edge in the financial technology sector.

Portfolio Pulse from

December 09, 2024 | 4:45 pm

Upstart Holdings, Inc. (UPST) is performing better than expected in 2024, indicating positive developments for the AI-focused company.

Portfolio Pulse from

December 06, 2024 | 2:00 pm

Upstart Holdings' stock experienced a breakout in November due to improved investor sentiment and central bank interest rate cuts. The company achieved positive EBITDA in Q3 2024, indicating strong sales growth. Lower interest rates are expected to boost loan origination volumes and fee income.

Portfolio Pulse from

December 05, 2024 | 5:30 pm

Upstart Holdings Inc (NASDAQ:UPST) shares fell by 13.9% to $67.83 following a downgrade from J.P. Morgan.

Portfolio Pulse from

December 02, 2024 | 4:30 pm

Upstart Holdings, Inc. (UPST) experienced a significant rise in stock price after its IPO, driven by favorable interest rates. However, the stock has since fallen 80%, presenting a potential buying opportunity.

Portfolio Pulse from

November 30, 2024 | 10:30 am

Upstart Holdings, Inc. (UPST) has been gaining attention from Zacks.com users, prompting an analysis of its stock prospects.

Portfolio Pulse from

November 27, 2024 | 3:15 pm

Upstart CEO Dave Girouard discusses the use of AI in assessing creditworthiness, highlighting the limitations of traditional FICO scores. The conversation also covers Upstart's data points, recent earnings, and growth strategies.

Portfolio Pulse from

November 25, 2024 | 7:00 pm

Upstart (UPST) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, which could drive the stock higher in the near term.

Portfolio Pulse from

November 18, 2024 | 6:15 pm

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

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