relif Upstart (NASDAQ:UPST) may be beginning to see the light at the end of the tunnel. With the company having calibrated to the higher interest rate environment, management is now projecting a return to sequential growth and positive EBITDA generation by the end of the year. It is notable that the company appears to have right sized its cost structure to be able to operate profitably even in this higher interest rate environment. The stock is looking more and more investable assuming the status quo, a ...

Falling interest rates could give the AI lender a much-needed boost. Upstart Holdings (UPST -0.09%) promised to revolutionize lending by making credit available to more borrowers through its artificial intelligence (AI)-based assessment models. The company got off to a blistering start when it went public in late 2020, but the past few years have revealed the cyclical nature of the young company. The stock peaked at more than $400 in the year after its initial public offering (IPO) and is down 94% from its ...

Upstart Holdings, Inc. (UPST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this company have returned -1.4%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Computers - IT Services industry, which Upstart falls in, has lost 4%. The key question now is: What could be the stock's future direction? Although media rep ...

Eltura renews its commitment as a co-investor in a forward flow program with Upstart to purchase consumer loans following the purchase of more than $1.2 billion of loans in the first year of the program. NEW YORK, June 24, 2024 /PRNewswire/ -- Eltura Capital Management, LLC ("Eltura"), an alternative asset manager investing in structured credit opportunities, today announced that it has entered into a second-year transaction as part of the 2023 multi-year agreement to purchase consumer installment loans fro ...

People have racked up significant credit card balances, and falling interest rates could be a massive tailwind for this personal lender. Upstart (UPST -1.10%) leverages artificial intelligence (AI) to evaluate 1,600 variables over 58 million repayment events, making lending accessible to more borrowers and (ideally) achieving lower default rates. The exciting fintech got off to a blistering red-hot start following its December 2020 IPO, but it remains a young, up-and-coming company. Its lending model has mu ...

The most recent trading session ended with Upstart Holdings, Inc. (UPST) standing at $21.67, reflecting a -0.98% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.16% loss on the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%. The company's stock has dropped by 5.53% in the past month, falling short of the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15%. The investment community will be closely monitoring the p ...

Upstart Holdings, Inc. (UPST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this company have returned -11.1%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Computers - IT Services industry, which Upstart falls in, has lost 0.3%. The key question now is: What could be the stock's future direction? Although media re ...

Upstart is one of the rare artificial intelligence companies that have not experienced a surging stock valuation. Fool.com contributor Parkev Tatevosian reviews Upstart (UPST 0.82%) and its latest investor update to determine whether long-term investors should consider buying the stock. *Stock prices used were the afternoon prices of May 23, 2024. The video was published on May 25, 2024. ...

da-kuk Upstart's (NASDAQ:UPST) shares initially soared after the fintech submitted its results for the first fiscal quarter, which beat expectations on the top and bottom lines. The company is seeing a stabilization of its revenue base and the outlook for the company, especially as far as loan demand is concerned, is improving. I believe that Upstart is a very promising bet for growth investors now that the Federal Reserve is nearing a point of an interest rate pivot. While shares are not cheap, the company ...

The U.S. Federal Reserve could begin to cut interest rates later this year, and that will be a windfall for this AI- powered loan originator. Upstart Holdings (UPST -0.78%) went public in 2020 priced at $20 per share. In less than 12 months, its stock had soared 2,000% to $401 on the back of the company's lightning-fast revenue growth and its promising potential. The company developed an artificial intelligence (AI) algorithm to assess the creditworthiness of potential borrowers on behalf of banks, in a bid ...