Summary
855 Chart
Upstart Holdings, Inc. (UPST) Registers a Bigger Fall Than the Market: Important Facts to Note
Upstart Holdings, Inc. (UPST) concluded the recent trading session at $45.05, signifying a -3.97% move from its prior day's close.
Upstart Stock Trades at Premium Value: Should You Buy, Hold or Sell?
UPST trades at a premium valuation despite a sharp stock drop, as investors weigh strong growth, AI gains and macro-driven volatility.
Here is What to Know Beyond Why Upstart Holdings, Inc. (UPST) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Upstart (UPST). This makes it worthwhile to examine what the stock has in store.
Upstart Holdings, Inc. (855) FAQ
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Upstart Holdings, Inc. Profile
| Financial Services Industry | Financials Sector | David J. Girouard CEO | XMUN Exchange | US91680M1071 ISIN |
| US Country | 1,193 Employees | - Last Dividend | - Last Split | 16 Dec 2020 IPO Date |
Overview
Upstart Holdings, Inc. is a trailblazer in the financial technology sector, specializing in the use of cloud-based artificial intelligence (AI) to revolutionize lending practices in the United States. Founded in 2012 and with its headquarters in San Mateo, California, Upstart has been forefront in creating innovative loan provision solutions. By bridging the gap between consumer loan demand and financial institutions such as banks and credit unions, the company has improved the efficiency and accessibility of loan services for a wide range of consumers.
Products and Services
- Personal Loans:
Upstart's AI-driven platform offers personal loans that cater to individual financial needs, streamlining the application process and offering competitive rates. This service is designed for consumers seeking flexible borrowing options.
- Automotive Retail and Refinance Loans:
The platform extends its AI capabilities to the automotive sector, providing loans for the purchase of new vehicles or refinancing existing automotive loans. This service aims to simplify the process of purchasing or refinancing a car, making it more accessible and affordable for consumers.
- Home Equity Lines of Credit:
For homeowners looking to leverage the equity in their homes, Upstart offers home equity lines of credit (HELOCs). This product provides a flexible credit line for home improvements, debt consolidation, or other large expenses.
- Small Dollar Loans:
Targeting consumers needing short-term financial assistance, Upstart's platform includes small dollar loans. These loans are designed to offer quick and easy financial relief for unexpected expenses or temporary financial shortfalls.
