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.
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
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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
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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
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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
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
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
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
Upstart (UPST) Q3 2024 Earnings Call Transcriptfool.com
Via The Motley Fool · November 8, 2024
Upstart (NASDAQ:UPST) Delivers Impressive Q3, Stock Jumps 12%
AI lending platform Upstart (NASDAQ:UPST) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 20.5% year on year to $162.1 million. On top of that, next quarter’s revenue guidance ($180 million at the midpoint) was surprisingly good and 10.9% above what analysts were expecting. Its non-GAAP loss of $0.06 per share was also 59.1% above analysts’ consensus estimates.
Via StockStory · November 7, 2024