Core Insights - Certain Wall Street analysts predict that shares of Upstart and Atlassian could see triple-digit returns in the next year despite their year-to-date declines of 15% and 30% respectively [1][2] Upstart Holdings - Upstart is an AI lending platform that enhances credit risk assessment by analyzing over 2,500 data points per applicant, improving accuracy compared to traditional FICO score systems [4] - The platform automates underwriting and optimizes customer acquisition, fraud detection, and default forecasting, allowing lending partners to approve more borrowers at lower interest rates [5] - Upstart's loans originated since Q2 2023 are projected to yield 11.3% annually, outperforming 10-year Treasury bonds by 7 percentage points [5] - In Q2, Upstart's total revenue surged 102% to $257 million, primarily driven by personal loans, which constitute 90% of total originations [6] - Non-GAAP net income improved to $0.36 per diluted share from a loss of $0.17 per diluted share year-over-year [6] - Wall Street anticipates Upstart's adjusted earnings to grow at 66% annually through 2027, making its current valuation of 60 times earnings appear relatively cheap [7] - Hal Goetsch from B. Riley Financial set a target price of $105 per share for Upstart, indicating a 102% upside from its current price of $52 [8] Atlassian - Atlassian specializes in work management and service management software, with its flagship product Jira being widely adopted across various departments [10] - The company was recognized by Gartner as a leader in work management software for both development and operations teams, providing a competitive advantage [11] - Atlassian has introduced AI agents to enhance productivity for both technical and non-technical teams, positioning itself well to benefit from AI advancements [12] - In Q4 of fiscal 2025, Atlassian reported a 22% revenue increase to $1.3 billion and a 48% rise in non-GAAP earnings to $0.98 per diluted share [13] - The adoption of AI products grew by 50% to 2.3 million monthly active users [13] - Atlassian's addressable market is estimated at $67 billion, expanding at 13% annually, with adjusted earnings expected to increase at 19% annually through fiscal 2027 [14] - Morgan Stanley set a target price of $320 per share for Atlassian, suggesting a 101% upside from its current price of $159 [8]

Upstart (UPST) Update / Briefing May 14, 2025 09:00 AM ET Speaker0 Please welcome VP of Investor Relations, Sonia Banerjee. Speaker1 Good morning. Good morning. Can you hear me? Just making sure. Welcome to Upstart AI Day. My name is Sonia. I'm the Head of Investor Relations for Upstart. And on behalf of the entire team, we are so glad that you were able to make it today. If you're here in the room with us or joining us on the webcast, we appreciate your engagement and your time. We have a fantastic morning ...

Group 1: Palantir Technologies - Palantir develops data analytics software for commercial and government sectors, with core platforms Gotham and Foundry that integrate complex data and machine learning models [2] - The company reported a 39% increase in revenue to $884 million and a 62% increase in non-GAAP earnings to $0.13 per diluted share, with total customers climbing 39% to 769 [4] - Despite strong financial results, the stock fell sharply due to concerns over valuation, with a forward price-to-sales ratio significantly higher than competitors [5][6] - Analysts have set a target price of $40 per share, indicating a 64% downside from the current price of $110 [10] Group 2: Upstart Holdings - Upstart provides an AI lending platform that automates credit decisions, considering over 2,500 variables compared to the traditional FICO score [8][9] - The company reported a 67% increase in revenue to $2.1 billion, with positive non-GAAP earnings of $0.30 per diluted share, up from a loss in the same quarter last year [11] - Analysts have set a target price of $15 per share for Upstart, implying a 67% downside from its current price of $46 [10] - The outlook for Upstart is mixed, with potential growth due to expected Federal Reserve rate cuts, but also risks from economic uncertainty and tariffs [13][14]