UPST Stock Recent News

Upstart Holdings, Inc. (NASDAQ:UPST ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Sonya Banerjee - Investor Relations Dave Girouard - Co Founder and Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Operator Good afternoon and welcome to the Upstart first quarter 2025 earnings call. At this time, all participants are in listen-only mode to prevent any background noise.

While the top- and bottom-line numbers for Upstart (UPST) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Lending platform Upstart Holdings' first quarter results saw loan originations nearly double from a year ago, driven in part by automated processes, while management pointed to strong credit metrics among the lending platform's borrowers. Platform originations were up 89%, the company said, to $2.1 billion.

Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to loss of $0.31 per share a year ago.

Shares of Upstart Holdings Inc. tumbled after hours on Tuesday after the artificial-intelligence lending platform forecast a second-quarter loss and sales that missed Wall Street's expectations.

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Results for First Quarter 2025.

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart and Fortress Investment Group Announce $1.2B Forward-Flow Agreement.

There is no shortage of opportunities in artificial intelligence (AI) stocks. Quite frankly, AI is such a massive tech trend that there is room for many long-term winners.

Upstart's improving AI models are leading to higher conversion rates and lower delinquencies, increasing its partners' trust in its loans. The growing trust in Upstart's loans is being reflected in its committed capital deals, a departure from the at-will funding deals secured in prior years. Improving AI capabilities and increasing investments in automation are flowing through to Upstart's bottom line, significantly improving its profitability profile.

The latest trading day saw Upstart Holdings, Inc. (UPST) settling at $47.69, representing a -0.23% change from its previous close.