Upstart: A Great Anti-Cyclical AI Lending Bet

Previous rating Upstart is a rate-sensitive credit play for investors, which is why I recommended the stock in my last work on the company in February 2024: Get In Before Rates Come Down. Upstart is growing its revenues again, but still faces short-term profitability issues. I believe Upstart is set to be a big beneficiary of the Fed's rate pivot in FY 2024 and FY 2025 and the company's earnings prospects are set to brighten with a restart of its personal loan originations. Upstart beats expectations The AI ...