Added to YB: 2025-09-29
Pitch date: 2025-06-30
UPST [neutral]
Upstart Holdings, Inc.
-22.45%
current return
Author Info
No bio for this author
Company Info
Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States.
Market Cap
$3.6B
Pitch Price
$63.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
55.76
P/E
145.29
EV/Sales
5.09
Sector
Consumer Finance
Category
growth
Alger Weatherbie Specialized Growth Fund Portfolio Holding: Upstart Holdings, Inc.
UPST (holding update): AI-powered lending platform reported strong Q1 results with stable credit quality. Auto loans & HELOCs growing significantly, becoming meaningful revenue drivers. New collateral-backed products mean lower per-loan earnings but larger amounts & fewer defaults. Mgmt raised FY guidance despite economic uncertainty.
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