A Upstart This presentation contains "forward-looking" statements that are based on our management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements, other than statements of historical fact contained in this presentation, including but not limited to, information or predictions concerning our future financial performance, including our financial outlook for Q2 2024 and the second half of 2024 under the heading "Outlook" and our ...

SAN MATEO, Calif. – May 7, 2024 – Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for its first quarter of fiscal year 2024 ended March 31, 2024. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "We continue to focus on improving our efficiency and financial performance while investing responsibly for the long ...

Upstart Holdings (UPST) is slated to report first-quarter 2024 results on May 7, after market close.For the first quarter, the company expects revenues of approximately $125 million. The Zacks Consensus Estimate is currently pegged at $124.8 million, suggesting growth of 21.3% year over year.The consensus mark for earnings is pegged at a loss of 38 cents per share, suggesting a significant improvement from the year-ago quarter’s loss of 47 cents.UPST’s earnings beat the Zacks Consensus Estimate in three of ...

The AI-powered consumer lender looks to upend the industry, but its business continues to face headwinds.Upstart (UPST 2.76%) has taken shareholders for a roller coaster ride since going public in 2020. The company started with a bang, and the stock climbed to $355 per share at one point. However, high interest rates and low demand for its loans weighed on the company.Last year, things showed signs of turning around, but it continued to see slower demand for its loans compared to pandemic levels. Upstart's ...

Upstart Holdings, Inc. (UPST) closed the most recent trading day at $23.12, moving +0.78% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.02%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Heading into today, shares of the company had lost 13.7% over the past month, lagging the Computer and Technology sector's loss of 5.13% and the S&P 500's loss of 3.01% in that time.The upcoming earnings release of Upstart ...

Upstart (UPST) has partnered with PriorityONE Credit Union to provide an improved digital personal lending experience with affordable credit for the latter’s community.PriorityONE is a community-driven credit union based in Florida. In April 2023, it collaborated with UPST to become an Upstart Referral Network lending partner. The new personal loan offering will be available on Upstart.com. This can be availed by the applicants who meet PriorityONE's credit policies.The applicants will receive tailored offe ...

Upstart (UPST) has partnered with Kaua'i Federal Credit Union (“Kaua'I FCU") to enhance the personal lending experience of the latter’s customers. UPST will enable Kaua'I FCU with an all-digital solution to serve its customers.In March 2023, Kaua'i FCU joined the Upstart Referral Network as a lending partner. The users who currently qualify for personal loans on Upstart.com and meet Kaua'i FCU's credit criteria will receive personalized offers.In the past year, UPST has partnered with multiple entities in t ...

Can Upstart Holdings (UPST -0.83%) stock make a comeback? After six consecutive quarters of falling revenue, investors are losing confidence in the fintech. The stock took some wild swings over the past few years, but it's down 36% in 2024. At this level, is Upstart stock a value trap or an incredible opportunity?It's the credit evaluation platform of the future...Upstart gained a legion of fans when it debuted on the market in late 2020. It seemed like a no-brainer buy. The fintech company operates a credi ...

Upstart Holdings, Inc. (UPST) closed at $26.34 in the latest trading session, marking a -0.83% move from the prior day. This move lagged the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.68%, and the technology-dominated Nasdaq saw an increase of 0.2%.Coming into today, shares of the company had gained 8.36% in the past month. In that same time, the Computer and Technology sector gained 6.04%, while the S&P 500 gained 5.11%.Investors will be eagerly watching for the performance o ...

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 +8.4% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Computers - IT Services industry, to which Upstart belongs, has gained 2.4% over this period. Now the key question is: Where could the stock be headed in the near te ...