Since its initial public offering in December 2020, Upstart (UPST -2.48%) has been one of the most volatile stocks on the market. It soared out of the gate in 2021 before crashing in the tech-driven bear market of 2022.Over the last year, that volatility has continued, but recently, it's cut against investors. The stock tumbled on its recent earnings report as the artificial intelligence (AI)-based consumer lending company issued disappointing guidance for the first quarter of 2024 with a revenue forecast t ...

Upstart Holdings (UPST -2.41%) stock had a tremendous run last year, gaining 105% since the start of 2023. The company found relief when it was able to secure funding for its artificial intelligence (AI)-powered loans, and the stock bounced off its low price of around $12 per share and hasn't looked back since then.Despite its massive rally, Upstart stock is still 93% below its all-time high price of $401 per share in October 2021. Upstart's AI-lending model has the potential to upend legacy credit scoring ...

Many millionaire-making stocks weren't obvious winners at first. Tesla almost went bankrupt years back, but that would have been the best time to invest as the stock generated life-changing returns over the following years.Upstart Holdings (UPST -3.39%), which uses artificial intelligence (AI) to evaluate consumer creditworthiness for loans, could be at a similar fork in the road. The business is fighting extreme adversity, but there is an undeniable upside if things work out in the long run.Don't get the w ...

Fool.com contributor Parkev Tatevosian reviews if Upstart (UPST -3.39%) stock is a buy after the most recent quarterly earnings report. *Stock prices used were the afternoon prices of Feb. 17, 2024. The video was published on Feb. 19, 2024. ...

Few companies have suffered as much from the Federal Reserve's interest rate campaign as Upstart (UPST -3.39%). Shares of the AI-based consumer lending company have fallen as much as 97% from peak to trough and are still down more than 90% from their peak in 2021. During the heady days of the pandemic, Upstart was growing at a blistering pace with revenue more than tripling, and it reported mid-teens profit margins even on a generally accepted accounting principles (GAAP) basis.However, the Fed's rapid inte ...

Upstart (UPST -3.21%) stock is sinking in this week's trading. The company's share price was down 21.9% from last week's market close as of 2:30 p.m. ET this Friday, according to data from S&P Global Market Intelligence.Upstart published fourth-quarter results after the market closed on Feb. 13. While the company's loss came in lower than expected, sales fell short of the market's target. Additionally, Wall Street doesn't seem to be pleased with the company's forward guidance.Upstart's mixed earnings report ...

Investors disapproved of Upstart's (UPST -20.95%) fourth-quarter earnings report after the loan originator, which employs artificial intelligence, posted middling results and gave disappointing guidance.As of 10:36 a.m. ET on Wednesday, the stock was down 20.3%. Upstart can't catch a breakUpstart delivered smashing results in 2021 when interest rates were low and stimulus checks were flowing, but the business is struggling amid high interest rates.The company said revenue fell 4% to $140 million, which was ...

OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________to ________ Commission File Number: 001-39797 Upstart Holdings, Inc. (Exact name of registrant as specified in its charter) _____ ...

Upstart Holdings, Inc. (NASDAQ: UPST), a prominent player in the artificial intelligence (AI) lending marketplace, faced a significant downturn in its stock price, plummeting by 16% following the release of its first-quarter revenue and earnings forecast. The consumer lending company disclosed that it anticipates first-quarter revenue to reach approximately $125 million, falling short of analysts’ projections, which averaged $152.3 million. Upstart projected negative earnings before interest, taxes, deprec ...

Upstart Holdings, Inc. (NASDAQ:UPST) Q4 2023 Earnings Conference Call February 13, 2024 4:30 PM ET Jason Schmidt - VP, Head, IR Sanjay Datta - CFO Kyle Peterson - Needham Ramsey El-Assal - Barclays Rob Wildhack - Autonomous Research John Hecht - Jefferies James Faucette - Morgan Stanley Regi Smith - JPMorgan At this time, I would like to turn the conference over to Jason Schmidt, Head of Investor Relations. Please go ahead. Good afternoon and thank you for joining us on today's conference call to discuss Up ...