Upstart Holdings, Inc. (UPST)
Upstart Says Originations Leap as Consumer Credit Strength Improves
Artificial intelligence (AI) lending marketplace Upstart saw growing consumer demand and steady consumer credit strength in the third quarter, executives said Tuesday (Nov. 4) during an earnings call. The company's originations rose 80% year over year in the third quarter to reach $2.9 billion, according to a presentation released in conjunction with the call.
Upstart Holdings, Inc. (UPST) Q3 Earnings Top Estimates
Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to a loss of $0.06 per share a year ago.
Upstart's stock extends declines as the AI lender predicts slower growth
Upstart's December-quarter revenue is expected to slow more than Wall Street had been modeling.
Upstart Holdings Down 6% in After Hours Following Q3 Earnings Miss
Upstart Holdings (NASDAQ: UPST) delivered its first earnings miss in five consecutive quarters on Tuesday, posting Q3 results that fell short on both the top and bottom lines.
UPST Q3 Earnings Preview: Should You Buy the Stock Now or Wait?
Upstart's Q3 results are likely to test its AI lending momentum as management eyes $280M in revenues and steady profitability.
AI Lending Push, New Verticals Rise: Will Upstart Stay Ahead in Q3?
UPST's Q3 results are likely to reveal if its AI lending model and expanding Auto and Home segments can sustain the strong revenue rebound seen last quarter.
Upstart Holdings, Inc. (UPST) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Upstart Holdings, Inc. (UPST) closed at $44.87, marking a -7.96% move from the previous day.
Credit Unions Tap Upstart's AI Lending Platform: Can It Fuel Growth?
Credit unions are embracing UPST's AI platform as loan originations surge and new verticals drive its return to profitability.
Upstart: Growth Is Being Underestimated; Maintaining Buy
Upstart's AI-driven underwriting, expanding data, and rising conversion rates position it for accelerated growth as the Fed eases monetary policy. Despite market concerns, large bank earnings confirm consumer lending remains healthy, supporting UPST's revenue growth outlook and upside potential. I remain bullish on UPST stock, as I believe the current guidance is overly prudent and growth is not fully priced in. My price target is $64, implying a 24% upside.
Upstart Holdings, Inc. (UPST) is Attracting Investor Attention: Here is What You Should Know
Upstart (UPST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
1 Incredible Reason to Buy Upstart (UPST) Stock in October
Upstart (UPST -2.76%) has been an extremely volatile investment during its time as a public company. Most recently, the stock price is off by 23.5% year to date, but it has been up and down this year.
Upstart Holdings, Inc. (UPST) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Upstart Holdings, Inc. (UPST) settling at $46.5, representing a -2.69% change from its previous close.
