UPST Stock Recent News

Upstart has struggled in a high interest rate environment. Its HELOC product has been slow to gain traction.

Upstart, which uses AI to improve consumer lending, has slumped since its hot start in 2021. Even after rallying in 2023, the stock still remains 93% below its all-time high.

Upstart's AI and potential market opportunity could create huge returns. But it must first fix the fundamental flaws in the business.

Upstart disclosed its latest quarterly earnings, sending the stock price crashing.

Upstart beat estimates in its fourth-quarter earnings report, but offered weak guidance. Originations and interest from lenders have cooled.

Upstart posted a lower-than-expected loss in Q4, but sales missed the market's expectations. The company's first quarter targets to relatively underwhelming business improvements.

Upstart stock is down more than 90% from its peak, but the valuation still looks overly optimistic. The company's turnaround has been painfully slow, and even with vast layoffs and cost cuts, losses are piling up.

Upstart is still struggling amid high interest rates. The company beat estimates in the fourth quarter, but its first-quarter guidance was well below the mark.

Upstart Holdings, Inc. (NASDAQ: UPST), a prominent player in the artificial intelligence (AI) lending marketplace, faced a significant downturn in its stock price, plummeting by 16% following the release of its first-quarter revenue and earnings forecast.

Chief Financial Officer Sanjay Datta says rising delinquencies have started to make their way to more affluent borrowers.