Upstart Holdings, Inc. (UPST)
Crude Oil Down Over 2%; Upstart Shares Jump Following Earnings
U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 200 points on Wednesday.
This little-known AI stock rockets 25% as Wall Street takes note; Should you buy?
Upstart (NASDAQ: UPST), a rising name in artificial intelligence (AI)-driven lending, is drawing attention following a strong earnings report that has fueled the equity's growth.
3 Stocks Bucking Inflation Headwinds After Earnings
Hotter-than-expected inflation data is pressuring stocks this morning, but the shares of CVS Health Corp (NYSE:CVS), DoorDash Inc (NASDAQ:DASH), and Upstart Holdings Inc (NASDAQ:UPST) are bucking today's headwinds, thanks to a round of upbeat earnings.
Upstart Is Soaring After Stellar Earnings -- Here's What You Need to Know
The stock market was having a sharply negative day on Wednesday, mainly due to a hotter-than-expected inflation report. But lending technology company Upstart (UPST 29.39%) was a big exception.
What's Next For UPST Stock?
Upstart (NASDAQ: UPST), a cloud-based artificial intelligence lending platform in the U.S., recently announced its Q4 earnings, which significantly exceeded market expectations. The company reported revenue of $219 million and earnings of $0.26 per share, surpassing the consensus estimates of $181 million in revenue and a loss of $0.04 per share.
Upstart Surges 27% After Stellar Earnings. The Stock Also Gets an Upgrade.
The artificial-intelligence lending platform expects first-quarter revenue of about $200 million, better than estimates of $184.6 million.
Upstart Personal Loans Leap 89% Year Over Year
Upstart's latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality of its lending portfolio was strong amid new capital commitments from its lending partners.
Upstart Holdings, Inc. (UPST) Q4 2024 Earnings Call Transcript
Upstart Holdings, Inc. (NASDAQ:UPST ) Q4 2024 Earnings Call Transcript February 11, 2025 4:30 PM ET Company Participants Sonya Banerjee - Investor Relations Dave Girouard - Co Founder and Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham Simon Clinch - Redburn Atlantic Peter Christiansen - Citi Ramsey Assal - Barclays Dan Dolev - Mizuho David Scharf - JMP Securities Vincent Caintic - BTIG John Hecht - Jefferies Reggie Smith - J.P. Morgan James Faucette - Morgan Stanley Matt O'Neill - FT Partners Rob Wildhack - Autonomous Operator Good afternoon.
Compared to Estimates, Upstart (UPST) Q4 Earnings: A Look at Key Metrics
The headline numbers for Upstart (UPST) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Upstart Holdings, Inc. (UPST) Surpasses Q4 Earnings and Revenue Estimates
Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $0.11 per share a year ago.
Upstart's Business Surged Back in Q4
Here's our initial take on Upstart's (UPST -5.08%) fourth-quarter results.
Upstart delivers another big earnings surprise, and its stock is skyrocketing
Upstart's stock is surging after upbeat results and guidance. This could be the third consecutive major gain for the AI lending company's shares after earnings.
