Upstart Holdings, Inc. UPST shares are trading higher on Wednesday.The company reported fourth-quarter results yesterday, with total revenue up 56% year-over-year.Total fee revenue increased 30% on a year-over-year basis. Upstart said it originated 245,663 loans in the quarter, up 68% year-over-year.Here are the analysts’ take on the stock:Piper Sandler analyst Arvind Ramnani reiterated the Overweight rating on the stock, raising the price forecast to $105 from $85.JP Morgan analyst Reginald L. Smith upgrad ...

U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 200 points on Wednesday.The Dow traded down 0.47% to 44,383.04 while the NASDAQ fell 0.01% to 19,642.01. The S&P 500 also fell, dropping, 0.27% to 6,052.27.Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend YieldsLeading and Lagging SectorsHealth care shares rose by 0.2% on Wednesday.In trading on Wednesday, real estate shares dipped by 1.1%.Top HeadlineCrude ...

Upstart (NASDAQ: UPST), a rising name in artificial intelligence (AI)-driven lending, is drawing attention following a strong earnings report that has fueled the equity’s growth.As of press time, Upstart’s stock was trading at $86.04, surging 29% in the past 24 hours and extending its recent upward momentum. Over the past year, the stock has skyrocketed 161%, reaching a new 52-week high.UPST one-year stock price chart. Source: FinboldThe latest UPST spike reflects investor confidence in the financial compan ...

Hotter-than-expected inflation data is pressuring stocks this morning, but the shares of CVS Health Corp (NYSE:CVS), DoorDash Inc (NASDAQ:DASH), and Upstart Holdings Inc (NASDAQ:UPST) are bucking today's headwinds, thanks to a round of upbeat earnings.CVS Eyes Best Day EverCVS is up 14.9% to trade at $63.22 at last glance, after the pharma retailer reported better-than-expected earnings and revenue for the fourth quarter, while its 2025 profit outlook met expectations. Shares are on track for a third-straig ...

The stock market was having a sharply negative day on Wednesday, mainly due to a hotter-than-expected inflation report. But lending technology company Upstart (UPST 31.23%) was a big exception. As of 9:50 a.m. ET, Upstart was higher by more than 30% for the day.Strong results and guidanceAs you might expect, Upstart's earnings report is the main catalyst behind the move. The company handily beat expectations on both the top and bottom lines, as revenue surged by 56% year over year and the company was nicely ...

CANADA - 2025/02/06: In this photo illustration, the Upstart Holdings logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUpstart (NASDAQ: UPST), a cloud-based artificial intelligence lending platform in the U.S., recently announced its Q4 earnings, which significantly exceeded market expectations. The company reported revenue of $219 million and earnings of $0.26 per share, surpassing th ...

Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality of its lending portfolio was strong amid new capital commitments from its lending partners.The earnings materials indicate that during the quarter, the company originated more than 243,000 personal loans, which was 89% higher than a year ago and up 30% sequentially. The transaction dollars in the quarter came to $2 billi ...

Upstart Holdings, Inc. (NASDAQ:UPST) Q4 2024 Earnings Call Transcript February 11, 2025 4:30 PM ET Company Participants Sonya Banerjee - Investor Relations Dave Girouard - Co Founder and Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham Simon Clinch - Redburn Atlantic Peter Christiansen - Citi Ramsey Assal - Barclays Dan Dolev - Mizuho David Scharf - JMP Securities Vincent Caintic - BTIG John Hecht - Jefferies Reggie Smith - J.P. Morgan James ...

For the quarter ended December 2024, Upstart Holdings, Inc. (UPST) reported revenue of $218.96 million, up 56.1% over the same period last year. EPS came in at $0.26, compared to -$0.11 in the year-ago quarter.The reported revenue represents a surprise of +21.60% over the Zacks Consensus Estimate of $180.07 million. With the consensus EPS estimate being -$0.05, the EPS surprise was +620.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...

Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 620%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.06, delivering a surprise of 57.14%.Over the last four quarters, the c ...