Upstart Holdings, Inc. (UPST)
Upstart Crushes Wall Street Expectations, Bucks the Trend
Upstart, an AI-based lending platform, stands to benefit from the current economic backdrop. With a recent earnings beat and a high short interest, shares have short squeeze potential over the next few months.
Why Upstart Stock Was Skyrocketing Today
Upstart beat estimates, though revenue still declined. The company expects momentum to pick up in the second half of the year.
Upstart Reported Strong Q2, But Analysts Are Concerned About Short Interest And Profitability - Here's Why
Upstart Holdings, Inc. UPST shares are jumping today after it reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates yesterday.
Crude Oil Jumps Over 3%; Upstart Shares Spike Higher
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 250 points on Wednesday.
Upstart (UPST) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Upstart (UPST) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
UPST Stock: Why Investors Are Jumping Into Upstart Today
Upstart (NASDAQ: UPST ) stock is on the move Wednesday as investors are taking extra interest in the cloud-based artificial intelligence ( AI ) lending platform. This comes after Upstart reported adjusted earnings per share of -17 cents in the second quarter of 2024.
Upstart Analysts Boost Their Forecasts Following Strong Q2 Results
Upstart Holdings, Inc. UPST reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates on Tuesday.
Upstart Q2 Earnings: A Lofty Price Of 50x EBITDA For This Fintech
Upstart's better-than-expected earnings led to a 20% share price increase, but its high debt and valuation make it a risky investment. The company faces challenges with debt, stock volatility, and macroeconomic conditions, despite progress in revenue growth and efficiency. Upstart's valuation at 50x next year's EBITDA, along with its substantial debt burden, makes it an unattractive investment opportunity.
AI-Powered Lending Stock Surges on Rate Cut Hopes
Upstart Holdings Inc. NASDAQ: UPST is a fintech that provides an artificial intelligence (AI) powered digital lending platform. The company is a disrupter in the financial services sector, promising to revolutionize lending by offering optimized data-driven credit availability to more borrowers.
Upstart Holdings, Inc. (UPST) Q2 2024 Earnings Call Transcript
Upstart Holdings, Inc. (NASDAQ:UPST ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Dave Girouard - Co-Founder, Chief Executive Officer Sanjay Datta - Chief Financial Officer Cindy Moon - Lead Corporate & Securities Counsel Conference Call Participants Mihir Bhatia - Bank of America Ramsey El-Assal - Barclays Kyle Peterson - Needham Peter Christiansen - Citigroup James Faucette - Morgan Stanley Dan Dolev - Mizuho Giuliano Bologna - Compass Point Rob Wildhack - Autonomous Research Simon Clinch - Redburn Atlantic Vincent Caintic - BTIG Reggie Smith - JP Morgan Arvind Ramnani - Piper Sandler Operator Good day everyone! And welcome to the Upstart Second Quarter 2024 Earnings Conference Call.
Upstart Holdings, Inc. (UPST) Reports Q2 Loss, Tops Revenue Estimates
Upstart Holdings, Inc. (UPST) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to earnings of $0.06 per share a year ago.
What Analyst Projections for Key Metrics Reveal About Upstart (UPST) Q2 Earnings
Beyond analysts' top -and-bottom-line estimates for Upstart (UPST), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
