Natee127 Upstart Holdings, Inc. (NASDAQ:UPST) remains unloved and neglected, even though the fintech’s sales trends are looking much better compared to the beginning of 2023. The present year will be a transition year for Upstart Holdings, and the central bank’s rate timeline could be a catalyst for a re-rating to the upside in 2024. Upstart Holdings is poised to profit from the central bank’s rate-cutting cycle due to the interest rate sensitivity of the fintech’s lending business. With sales growth se ...

Upstart Holdings, Inc. (UPST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -23.2% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Computers - IT Services industry, to which Upstart Holdings, Inc. belongs, has gained 3.9% over this period. Now the key question is: Where could the stock be headed in the near term?Al ...

Shares of Upstart Holdings (UPST 2.65%) stock fell 19% in February according to data provided by S&P Global Market Intelligence. The credit evaluation platform reported earnings and guidance that disappointed investors.It's tough to be in this business right nowUpstart operates a credit evaluation platform driven by artificial intelligence. It boasts that it can identify more borrowers for lenders without increasing risk, and creditors were taken with this idea before interest rates went through the roof. H ...

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States. The feature was available to all Kia dealers across the U.S. In addition to reserving and placing a deposit on an EV9 directly from a dealer’s website, Upstart Build & Price Reservations allowed customers ...

The tale of Upstart Holdings (UPST -2.48%) illustrates why it's so important to have a diversified portfolio of great stocks in different industries. Investors were highly confident in Upstart -- an online lender that uses artificial intelligence (AI) to evaluate borrowers -- when it went public, and rightly so. Sales growth was outstanding, and profits were rising.But there was always been risk attached to Upstart. It's a new company in an industry that's just getting started, and young companies need to p ...

Since its initial public offering in December 2020, Upstart (UPST -2.48%) has been one of the most volatile stocks on the market. It soared out of the gate in 2021 before crashing in the tech-driven bear market of 2022.Over the last year, that volatility has continued, but recently, it's cut against investors. The stock tumbled on its recent earnings report as the artificial intelligence (AI)-based consumer lending company issued disappointing guidance for the first quarter of 2024 with a revenue forecast t ...

Upstart Holdings (UPST -2.41%) stock had a tremendous run last year, gaining 105% since the start of 2023. The company found relief when it was able to secure funding for its artificial intelligence (AI)-powered loans, and the stock bounced off its low price of around $12 per share and hasn't looked back since then.Despite its massive rally, Upstart stock is still 93% below its all-time high price of $401 per share in October 2021. Upstart's AI-lending model has the potential to upend legacy credit scoring ...

Many millionaire-making stocks weren't obvious winners at first. Tesla almost went bankrupt years back, but that would have been the best time to invest as the stock generated life-changing returns over the following years.Upstart Holdings (UPST -3.39%), which uses artificial intelligence (AI) to evaluate consumer creditworthiness for loans, could be at a similar fork in the road. The business is fighting extreme adversity, but there is an undeniable upside if things work out in the long run.Don't get the w ...

Fool.com contributor Parkev Tatevosian reviews if Upstart (UPST -3.39%) stock is a buy after the most recent quarterly earnings report. *Stock prices used were the afternoon prices of Feb. 17, 2024. The video was published on Feb. 19, 2024. ...

Few companies have suffered as much from the Federal Reserve's interest rate campaign as Upstart (UPST -3.39%). Shares of the AI-based consumer lending company have fallen as much as 97% from peak to trough and are still down more than 90% from their peak in 2021. During the heady days of the pandemic, Upstart was growing at a blistering pace with revenue more than tripling, and it reported mid-teens profit margins even on a generally accepted accounting principles (GAAP) basis.However, the Fed's rapid inte ...