Upstart Stock Slides Thursday: What's Going On?
Shares of Upstart Holdings are sliding Thursday. Here's what's driving the action.
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Upstart Holdings Affirms FY2026 Sales Guidance of $1.400B vs $1.423B Est
Upstart Holdings (NASDAQ:UPST) affirms FY2026 sales outlook from $1.400 billion to $1.400 billion vs $1.423 billion estimate.
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- Aug 4, 2026, 8:10 PM
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Prediction: This Artificial Intelligence (AI) Stock Is Going to Double by 2027
Upstart, an AI-powered loan assessment company, is predicted to double by end of 2026 despite being down 35% year-to-date. The company reported strong Q2 2026 results with 42% revenue growth and record loan approvals of 558,014 loans worth $4.2 billion. Trading at a P/S ratio of 2.6 versus its three-year average of 5.5, the stock appears undervalued. Management forecasts $1.4 billion in annual revenue for 2026, suggesting significant upside potential.
Read original at the-motley-foolWhy Upstart Stock Plunged 23% in July
Upstart stock dropped 23% in July due to macroeconomic pressures on lenders and concerns about agentic AI replacing SaaS products. Despite solid Q2 performance with 42% revenue growth and positive net income, the market remains skeptical about the company's future amid high interest rates and competitive threats from AI agents.
Read original at the-motley-foolUpstart Shows Record Loan Origination Growth, Stock Soars
Upstart reported strong second-quarter results as revenue, loan originations, AI underwriting improvements, and funding capacity expanded significantly.
Read original at benzinga