The stock market was having a generally strong day on Wednesday, with the S&P 500 (^GSPC 1.62%) and Nasdaq Composite (^IXIC 2.13%) up by 1.7% and 2.3%, respectively, as of 10:30 a.m. ET. However, several financial technology, or fintech, stocks were spiking much higher.Lending technology platform Upstart (UPST 9.10%) was higher by 12%, innovative brokerage app provider Robinhood (HOOD 9.96%) gained nearly 10%, and real estate technology platform Opendoor (OPEN 10.95%) was up by as much as 13% for the day. A ...

Shares of Upstart (UPST -2.50%) stock gained 51% in 2024 according to data provided by S&P Global Market Intelligence. The AI credit evaluation company might have hit rock bottom, and the market expects lower interest rates to help it climb back up.Everyone loves a disruptorUpstart stock earned a lot of fans early in its time on the market. It was reporting staggeringly high growth and soaring profitability. Investors couldn't fathom that the tide might turn under different conditions, but the reason behind ...

The AI-powered lending platform still has a bright future.Upstart (UPST -2.50%) has gone on a wild ride since its IPO on Dec. 18, 2020. The online lending marketplace went public at $20, skyrocketed to its all-time high of $390 on Oct. 15, 2021, but sank to a record low of $12.40 on Dec. 27, 2022.Upstart's stock initially surged as its AI-driven platform approved more loans in a low-interest-rate environment. The buying frenzy in growth and meme stocks amplified those gains by causing many investors to glos ...

Upstart Holdings (UPST -2.50%) has been on a roller coaster since its initial public offering (IPO) in 2020. The lender, powered by artificial intelligence (AI), aims to democratize borrowing for a wide range of consumers.However, its business model has faced challenges, navigating peaks and valleys as investor interest in its loans dipped before experiencing a recent resurgence. With the prospect of falling interest rates in the last year, there has been increased interest in hopes that consumer lenders li ...

Upstart's AI Technology and Market Potential - Upstart has been utilizing AI technology since its founding over a decade ago, giving it a competitive edge in the financial services industry [1] - The company's AI platform analyzes 1,600 variables to assess borrower creditworthiness, enabling individuals with poor traditional FICO scores to qualify for loans at lower rates [3] - Upstart's AI-driven approach allows banks and credit unions to approve more loans without increasing default risk [3] Market Opportunity and Expansion - Upstart operates in personal, auto, and home loan markets, which collectively see trillions of dollars in annual loan origination activity [2] - The company has facilitated approximately $40 billion in loans historically, indicating significant growth potential [2] - Upstart's total addressable market is estimated at $3 trillion in annual loan originations [8] Financial Performance and Challenges - Upstart's Q3 revenue was $162 million, a 29% decline compared to the same period three years prior [7] - The company reported an operating loss of $45 million in the latest quarter [7] - Upstart's financial performance has been cyclical, not resembling that of a hyper-growth tech business [6] Competitive Landscape and Client Concentration - Three financial institutions accounted for 71% of Upstart's revenue in the first three quarters of 2024 [8] - Major US banks (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) control a significant portion of lending activity with $10 trillion in combined assets [9] - These large banks have resources to invest in their own AI and digital capabilities, potentially challenging Upstart's market position [10] Valuation and Investment Considerations - Upstart's market capitalization stands at $5.4 billion [7] - The company trades at a price-to-sales ratio of 9.4, considered high for its industry [11] - Upstart's business is highly exposed to macroeconomic factors, particularly interest rate fluctuations [5]

Shares of Upstart (UPST -1.71%) dropped 21.9% in December, according to data provided by S&P Global Market Intelligence. And as of this writing, it's down another 7% year to date in 2025. Interestingly enough, the drop seems to be correlated with changes to the federal funds rate on Dec. 18.For those unaware, Upstart's business is sensitive to changes in interest rates. Its platform seeks to increase approvals for borrowers while simultaneously lowering risk to lenders. But its revenue has been cut in half ...

Company Performance - Upstart Holdings, Inc. (UPST) closed at $63.52, reflecting a -0.87% change from the previous day's closing price, underperforming the S&P 500 which gained 0.55% [1] - The upcoming earnings disclosure is anticipated to show an EPS of -$0.05, representing a 54.55% increase year-over-year, with expected quarterly revenue of $180.03 million, up 28.31% from the same period last year [2] Analyst Estimates - Recent changes in analyst estimates for Upstart Holdings, Inc. are crucial as they indicate shifts in near-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations and profit generation [3] Zacks Rank and Valuation - Upstart Holdings, Inc. currently holds a Zacks Rank of 2 (Buy), with no changes in the Zacks Consensus EPS estimate over the past month [5] - The company has a Forward P/E ratio of 100.13, significantly higher than the industry average of 10.24, indicating it is trading at a premium compared to its peers [6] Industry Context - The Financial - Miscellaneous Services industry, to which Upstart belongs, is part of the Finance sector and currently holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [6][7]

Upstart Holdings, Inc. (UPST) , an artificial intelligence-driven fintech company, has witnessed a remarkable 67.4% gain year-to-date (YTD). This performance has significantly outpaced the Financial Select Sector SPDR Fund (XLF) and the S&P 500, which have risen 29.1% and 25.4%, respectively. While the rally raises concerns about valuation, Upstart’s strong fundamentals and evolving market dynamics make it an attractive buy for now.YTD Price Return PerformanceImage Source: Zacks Investment ResearchInterest ...

Group 1 - Upstart Holdings, Inc. is a cloud-based AI lending company that has been viewed positively for over two years [1] - The company operates in a sector that is increasingly focused on cash flow and growth prospects [2] Group 2 - Crude Value Insights provides an investing service centered on oil and natural gas, emphasizing cash flow generation [2] - The service aims to identify companies with real potential for value and growth in the oil and gas industry [2]

Upstart (UPST 9.57%) has been on a major upswing as of late. Since early August, shares of this artificial intelligence (AI)-powered lending platform have skyrocketed 92% (as of Dec. 11), driven by seriously improving market sentiment.While that gain makes this fintech stock a better performer than the Nasdaq Composite Index, Upstart still trades an alarming 80% below its all-time high from late 2021. If you're considering buying the dip, take the time to know these three things about Upstart first.1. Tryin ...