Upstart Holdings Inc (UPST)
72.78 +5.39 (8.00%)
Upstart Holdings Inc is a financial technology company that leverages artificial intelligence and advanced algorithms to improve the loan origination process. By utilizing a data-driven approach, the company enables lenders to make more informed credit decisions, ultimately facilitating faster and more accurate personal loans for consumers. Upstart's platform analyzes a wide variety of data points beyond traditional credit scores to assess risk, which helps expand access to credit for individuals who may be underserved by conventional lending practices. Additionally, Upstart partners with banks and credit unions, providing them with tools to enhance their lending operations while promoting financial inclusion.
Previous Close | 67.39 |
---|---|
Open | 68.50 |
Bid | 72.70 |
Ask | 72.80 |
Day's Range | 67.63 - 74.23 |
52 Week Range | 20.60 - 86.07 |
Volume | 9,166,581 |
Market Cap | 2.06B |
PE Ratio (TTM) | -123.36 |
EPS (TTM) | -0.6 |
Dividend & Yield | N/A (N/A) |
1 Month Average Volume | 9,709,832 |
News & Press Releases
Upstart (UPST) Stock Trades Up, Here Is Why
Shares of aI-powered lending platform Upstart (NASDAQ:UPST)
jumped 9.5% in the afternoon session after Redburn Atlantic analyst Simon Clinch upgraded the stock's rating from Neutral to Buy. The analyst added, "Following 3Q24, we observe a clear positive inflection in fundamentals, driven almost entirely by the company's latest AI innovations, which still leaves upside potential from tailwinds related to falling US interest rates.".
Via StockStory · December 3, 2024
nCino (NCNO) To Report Earnings Tomorrow: Here Is What To Expect
Bank software company nCino (NASDAQ:NCNO)
will be reporting results tomorrow after market close. Here’s what to expect.
Via StockStory · December 3, 2024
Why Upstart (UPST) Stock Is Nosediving
Shares of aI-powered lending platform Upstart (NASDAQ:UPST)
fell 13.7% in the afternoon session after J.P. Morgan analyst Reginald Smith downgraded some fintech stocks due to growth and valuation concerns. Smith downgraded Upstart from Neutral to Underweight (Sell), adding "We expect the third-party funding environment to improve in 2025, which appears to be more than priced in at current levels, with shares trading nine times forward sales.".
Via StockStory · December 2, 2024
Intel, Cleanspark, Super Micro Computer, Upstart, Tesla: Why These 5 Stocks Are On Investors' Radars Todaybenzinga.com
U.S. markets saw mixed results on Monday: the Dow Jones Industrial Average slipped 0.3% to 44,782, the S&P 500 edged up 0.2% to 6,047.15, and the Nasdaq climbed nearly 1% to close at 19,403.95. These are the top stocks that gained the attention of retail traders and investors throughout the day: Intel Corporation
Via Benzinga · December 2, 2024
Upstart Hldgs Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)benzinga.com
Via Benzinga · December 2, 2024
Up 200% in 6 Months, Is This Supercharged Stock Still a Buy?fool.com
Via The Motley Fool · November 27, 2024
Dow Dips 150 Points; ISM Manufacturing PMI Tops Estimatesbenzinga.com
Via Benzinga · December 2, 2024
This Analyst Downgrades Upstart But Says SoFi Tech Could Become 'American Express' Of Fintechbenzinga.com
JP Morgan analyst Reginald L. Smith notes strong market cap growth for fintech stocks in 2024, but remains cautious due to valuation concerns.
Via Benzinga · December 2, 2024
4 AI-Powered Fintechs Revolutionizing the Future of Finance
AI revolutionizes industries with enhanced productivity, efficiency, transforming technology and medicine and driving breakthroughs in computing and discovery.
Via MarketBeat · December 2, 2024
1 Super Stock Down 80% You'll Regret Not Buying on the Dipfool.com
Via The Motley Fool · November 30, 2024
Upstart Hldgs Options Trading: A Deep Dive into Market Sentimentbenzinga.com
Via Benzinga · November 26, 2024
Why Upstart Rocketed Almost 50% Todayfool.com
Via The Motley Fool · November 8, 2024
Watch This Key Bar For A Make-Or-Break Signaltalkmarkets.com
Via Talk Markets · November 20, 2024
DR Bank Chooses Upstart’s Small-Dollar Loan Product to Expand Access to Credit
Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that DR Bank, an FDIC-insured member bank, is using Upstart’s small-dollar loan product to support customers with short-term financial needs.
By Upstart · Via Business Wire · November 19, 2024
Here We Go Again: Why Upstart Investors Should Tread Carefullyfool.com
Via The Motley Fool · November 16, 2024
2 Growth Stocks Hit a Snagfool.com
Via The Motley Fool · November 12, 2024
Why Is Upstart Stock Soaring, and Is It Too Late to Buy?fool.com
Via The Motley Fool · November 12, 2024
UNCLE Credit Union Selects Upstart for Personal Lending
UNCLE Credit Union (UNCLE), a Northern California-based credit union with over 38,000 members, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members.
By Upstart · Via Business Wire · November 13, 2024
Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030
Upstart Holdings, Inc. (NASDAQ: UPST) today announced the pricing of $425,000,000 aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Upstart also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date the notes are first issued, up to an additional $75,000,000 aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on November 15, 2024, subject to customary closing conditions.
By Upstart Holdings, Inc. · Via Business Wire · November 12, 2024
Upstart Stock Is Sliding Tuesday: What's Going On?benzinga.com
Upstart Holdings Inc (NASDAQ:UPST) shares are trading lower Tuesday after the company announced a proposed private offering of convertible senior notes.
Via Benzinga · November 12, 2024
Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030
Upstart Holdings, Inc. (NASDAQ: UPST) today announced its intention to offer, subject to market conditions and other factors, $425,000,000 aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Upstart also expects to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date the notes are first issued, up to an additional $75,000,000 aggregate principal amount of the notes.
By Upstart Holdings, Inc. · Via Business Wire · November 12, 2024
10 Financials Stocks With Whale Alerts In Today's Sessionbenzinga.com
Via Benzinga · November 11, 2024
This Upstart Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Mondaybenzinga.com
Via Benzinga · November 11, 2024
3 Top Fintech Stocks to Buy in Novemberfool.com
Via The Motley Fool · November 9, 2024
Why Are Upstart (UPST) Shares Soaring Today
Shares of AI lending platform Upstart (NASDAQ:UPST)
jumped 45.2% in the afternoon session after the company reported impressive earnings and provided an encouraging sales outlook for the next quarter which blew past analysts' expectations. Its revenue also outperformed Wall Street's estimates during the quarter. Upstart achieved sequential 43% growth in lending volume, driven by enhancements to its predictive models. These advanced models more accurately assessed creditworthiness, leading to higher conversion rates and increased customer approvals.
Via StockStory · November 8, 2024