Prediction: Upstart Stock Is Going to Double by the End of 2026

Banks have relied on Fair Isaac's FICO credit scoring system for over 30 years to help determine the creditworthiness of loan applicants. It considers five factors, including their repayment history and their existing debts. However, Upstart Holdings (NASDAQ: UPST) believes the FICO score is far too simplistic, causing banks to potentially pass over some high-quality customers. Upstart has developed an algorithm that uses artificial intelligence (AI) to rapidly analyze over 2,500 data points for each app ...