Upstart Holdings, Inc. (UPST) , an artificial intelligence (AI)-driven fintech company, has posted a jawdropping 114.3% gain over the past six months. This remarkable surge significantly outpaced both the Financial Select Sector SPDR Fund (XLF) ETF and the S&P 500, which have gained 16.7% and 14.8%, respectively. Such a rapid increase raises the question: Is the stock still worth buying, or is it now too pricey? 6-Month Price Return Performance Image Source: Zacks Investment Research The key factor behind t ...

Deal Overview - Upstart Holdings has sold up to $2 billion of consumer installment loans to Blue Owl Capital, including $290 million of personal loans already disbursed and future loans under a forward-flow agreement over the next 18 months [1] - The deal represents one of Upstart's largest purchase commitments ever, according to Upstart CFO Sanjay Datta [2] Upstart's Business Performance - Upstart achieved record highs in contribution margin (67% in Q2) and positive cash flow during its August earnings call [3] - 88% of Upstart's unsecured loans are fully automated, enabling faster scaling of originations and a more efficient loan application process [3] Blue Owl's Strategic Moves - Blue Owl recently completed its acquisition of Atalaya Capital Management, which manages over $10 billion in assets as of June 30 [4] - The Atalaya acquisition expands Blue Owl's alternative credit presence and strengthens its position in direct lending [5] Industry Trends - Upstart has been pivoting to private credit, evidenced by its recent deals with Castlelake LP, Eltura Capital Management, Centerbridge Partners, and Ares Management [3] - Blue Owl is expanding into additional credit products, aligning with its acquisition of Atalaya and the Upstart deal [2][4]

The Federal Reserve cut its benchmark interest rate last month, and more cuts are likely coming. The past few years have been tough operating environments for interest rate-sensitive, cyclical industries. One company that encapsulates this struggle is Upstart Holdings (UPST 0.33%), the artificial intelligence (AI) consumer lender. Upstart stock ran up significantly in the months following its December 2020 initial public offering (IPO). The consumer lender benefited from declining interest rates, a backdrop ...

Upstart Holdings, Inc. (UPST) closed at $43.03 in the latest trading session, marking a +0.33% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.71%. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 0.6%. The the stock of company has risen by 27.42% in the past month, leading the Finance sector's loss of 4% and the S&P 500's gain of 6.41%. Analysts and investors alike will be keeping a close eye on the performance of Upstart Holdings, Inc. in its up ...

Artificial intelligence (AI) is creating a tremendous amount of value right now, but not every AI company will be a winner. Nvidia (NVDA 4.05%) stock was up 239% last year, and it's up a further 158% in 2024. In dollar terms, the company added a whopping $2.7 trillion to its market capitalization over that two-year stretch, and it's now the second-most valuable company in the world. Nvidia generates substantial revenue and earnings growth to support the incredible gains in its stock. The company designs the ...

Shares have soared 45% just in the past couple of months. Upstart (UPST 6.06%) was once the talk of the town. In the 10 months following the initial public offering in December 2020, shares catapulted 1,190% higher to reach their peak in October 2021. But it's generally been a downward spiral since then. Shares currently trade 90% off their all-time high, but they have been experiencing positive momentum in the past two months. Could buying this fintech stock today set you up for life? The good Upstart has ...

Upstart Holdings, Inc. (UPST) closed the most recent trading day at $38.94, making no change from the previous trading session. This move was narrower than the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%. Shares of the company have appreciated by 7.18% over the course of the past month, outperforming the Finance sector's loss of 0.26% and the S&P 500's gain of 1.25%. Market participants will be closely following the financial results of Upstar ...

This fintech disruptor has already rebounded sharply, but it could be just the beginning. Upstart (UPST -0.10%) was one of the highest-flying stocks of the 2021 speculative growth boom before falling by more than 90% from the highs. In this video, I'll clearly explain why Upstart's stock has taken such a dive and why it could be one of the biggest winners of the Fed's rate-cutting cycle. *Stock prices used were the morning prices of Sept. 24, 2024. The video was published on Sept. 25, 2024. ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buyouts and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities. Analyst's Disclosure: I/we have a beneficial long position in the shares of UPST either through stock ownership, options, or other derivatives. I wrote this ...

It has been a good ride for Upstart (NASDAQ: UPST ) investors ever since the company reported earnings in early August. Shares have risen over 40% on better than expected results, a reduction of loans held on its balance sheet, and a possible Inevitable Investor is a private investor and speculator with 13 years of investing experience. An accountant by training, my investing style leans towards quality-orientation, rather than a pure growth investing, or value investing approach.The Inevitable Investor, is ...