Upstart is gearing up for a convincing return to growth, and that could propel a recovery in its stock price. Upstart Holdings (UPST 5.77%) was a pandemic darling. Its stock came public in 2020 priced at $20, and it soared 20-fold to over $400 within just 10 months. Historically low interest rates drove a surge in demand for loans among consumers, which was great for the company's artificial intelligence (AI)-powered lending marketplace. Unfortunately, Upstart came unstuck when interest rates started to ris ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

VioletaStoimenova Lending platform Upstart Holdings (NASDAQ:UPST) has seen its share price rebounding this year. A move of over 60% in the last three months has the stock in the green for 2024. In this article, I will highlight the short interest in the company and the potential for a short squeeze. Upstart management leans on a "comeback story" Upstart released its second-quarter earnings on August 6 and the stock surged after impressing analysts with raised guidance. "These wins and more are providing the ...

Upstart Holdings, Inc. (UPST) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this company have returned +16.7% over the past month versus the Zacks S&P 500 composite's -2.9% change. The Zacks Computers - IT Services industry, to which Upstart belongs, has gained 1.9% over this period. Now the key question is: Where could the stock be headed in the near ...

Userba011d64_201 Upstart Holdings, Inc. (NASDAQ:UPST) just published its Q2 24 earnings report on August 6th and its share price exploded about 50% intraday to end the day roughly 40% in the green. On first sight, this seems like a rather large bite off the cake and immediately, authors here on SA published negative comments, judging this to be excessive and unjustified. However, after looking at the report and listening to the earnings call, I believe there is merit to the run-up. Sure, the earnings were j ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

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Better-than-expected earnings sparked hope for a turnaround. Shares of fintech loan platform Upstart (UPST -1.20%) rocketed 44% higher through Thursday of this week, according to data from S&P Global Market Intelligence. The struggling fintech reported better-than-feared earnings amid operational improvements, along with a more optimistic outlook for the back half of the year. Given that the company has been thoroughly beaten down, about 95% below its 2021 highs, the stock rocketed higher on prospects for a ...

J Studios Upstart Holdings, Inc. (UPST) is our topic today. The company released its second-quarter results earlier this week, surpassing analysts' estimates, leading to a near 40% surge in its stock price. Given the velocity of the subsequent response, we decided to revise the asset, especially as the current financial market parameters are unstable. UPST Stock (Seeking Alpha) We last covered Upstart in April, assigning the stock a neutral rating. However, considering recent events, we decided to revise it ...

A helpful metaphor for amateur investors to think of related to the market environment is that the major stock indices are the current, and individual stocks are fish within that current. In other words, most stocks will trend upwards in an up market, and in a down market, most stocks will succumb to the market's weakness. Historical data tells us that roughly 75% of a stock's move can be attributed to the underlying market trend in the major indices such as the S&P 500 Index ETF ((SPY) ), Dow Jones Industr ...