Upstart: Great Technology, But Having A Cautious Eye On Valuation
UPSTUpstart(UPST) Seeking Alpha·2023-12-31 15:57

da-kuk Upstart (NASDAQ:UPST) has been faced with a tough business environment since interest rates began their steep rise in early 2022. Still, hope is on the horizon. The company has secured committed funding, substantially lowered its cost basis, and launched new products. Interest rates will also trend downward soon. Upstart's shares have already played this scenario and appreciated substantially. While its short-term potential may now be limited, the company still presents an interesting long-term oppor ...