Upstart Holdings Stock News

ALLENTOWN, Pa. & SAN MATEO, Calif.--(BUSINESS WIRE)--First Commonwealth Expands Access to Personal Loans Through Partnership with Upstart.

Upstart (UPST 20.31%) uses artificial intelligence to make lending decisions.

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Announce First Quarter 2025 Results on May 6, 2025.

NewtekOne has dipped 7% year-to-date, trading at one of its lowest sales multiples since converting from a BDC to a bank. NEWT's deposits surged 39.5% sequentially, with total assets up 50% year-over-year. The company reported fiscal 2024 fourth quarter revenue growth of 31% year-over-year and upped 2025 EPS guidance.

Upstart Holdings faces economic weakness fears, though loan origination and conversion rates have improved. The AI lending platform aims for $1 billion in 2025 revenue, further expanding into auto lending and HELOC markets. The key UMI index already suggests a tough lending environment, with ultimate upside on an improving market in the next 1 to 2 years.

Upstart has shown strong execution, with improved underwriting algorithms boosting top-line growth. The company has seen revenue growth accelerate and management expects further acceleration into 2025. This acceleration in growth is expected to coincide with a return to GAAP profitability.

Around two decades ago, a Dutch television journalist named Teun van de Keuken ate 12 chocolate bars and demanded to be put in jail. His crime, he said, was financing slavery and child labor.

The Nasdaq Composite (^IXIC 2.27%) has spent much of March more than 10% off its all-time high, which put the index in correction territory. But Wall Street analysts see that drawdown an opportunity to buy shares of Arm Holdings (ARM 4.93%) and Upstart Holdings (UPST 6.25%).