Upstart Holdings, Inc. Stock Price, News & Analysis

Upstart Holdings (NASDAQ: UPST), the leading AI lending marketplace, is hosting its first-ever AI Day investor event on May 14, 2025, at 9:00 a.m. ET in New York City. The event will feature presentations from the company's senior leadership team, including CEO Dave Girouard, CTO Paul Gu, CMO Chantal Rapport, and CFO Sanjay Datta.

The agenda includes discussions on Upstart's growth opportunities, AI platform advantages, business model, and financial resilience. A live webcast will be available on Upstart's Investor Relations website, with presentation materials and video replay accessible after the event.

Upstart (UPST) has secured a significant $1.2 billion forward-flow agreement with Fortress Investment Group for purchasing consumer loans originated through its AI lending marketplace. The agreement extends through March 2026, with Citi providing debt financing to Fortress for the loan purchases.

This partnership represents a strategic move to ensure diversified and resilient capital sources across economic cycles. Fortress views this as an opportunity to access high-quality, risk-adjusted consumer credit assets through Upstart's data-driven origination platform. The agreement demonstrates growing confidence in AI-powered lending and Upstart's track record in credit outcomes.

Upstart Holdings (NASDAQ: UPST) reported strong Q1 2025 financial results, showing significant year-over-year improvements. Transaction volume reached 240,706 loans with a 19.1% conversion rate, resulting in total originations of $2.1 billion, up 89% YoY. Total revenue increased 67% YoY to $213 million.

The company significantly reduced its GAAP net loss to ($2.4) million from ($64.6) million in Q1 2024. Adjusted EBITDA turned positive at $42.6 million, compared to ($20.3) million last year, with a margin of 20%. For Q2 2025, Upstart expects revenue of approximately $225 million and projects full-year 2025 revenue of about $1.01 billion, with positive GAAP Net Income expected in the second half of the year.

Lake Trust Credit Union, serving 200,000 members across Michigan with over $2.5 billion in assets, has partnered with Upstart to expand its personal lending services through AI-powered technology.

The partnership, which began in January 2025, integrates Lake Trust into the Upstart Referral Network. Through this collaboration, qualified loan applicants on Upstart.com who meet Lake Trust's criteria receive customized offers and transition seamlessly to a Lake Trust-branded platform to complete their online member application and loan closing process.

David Morgan, Chief Lending Officer at Lake Trust, emphasized their commitment to supporting members' financial wellbeing, while Michael Lock of Upstart highlighted the partnership's focus on delivering an all-digital lending solution with enhanced member experience. The collaboration aims to build long-term relationships through comprehensive financial solutions.

Upstart (NASDAQ: UPST), a leader in artificial intelligence lending marketplace, has announced that its Co-Founder and CEO Dave Girouard will participate in an upcoming fintech industry event.

Key Details:

• Event: Barclays 15th Annual Emerging Payments and FinTech Forum
• Date: Monday, May 19
• Time: 10:20am ET (7:20am PT)
• Format: Fireside Chat

Investors and interested parties can access the live audio webcast through Upstart's investor relations website at ir.upstart.com. A replay option will be available for a limited time after the event.

First Commonwealth Federal Credit Union has partnered with Upstart (NASDAQ: UPST) to expand access to personal loans across Pennsylvania and New Jersey. The partnership, initiated in December 2024, enables First Commonwealth to leverage Upstart's AI-powered credit decisioning system to serve low- and moderate-income borrowers more inclusively.

Through the Upstart Referral Network, eligible loan applicants on Upstart.com receive tailored loan offers and transition to a First Commonwealth-branded experience for membership application and loan closing. The integration of Upstart APIs with First Commonwealth's core banking platform ensures seamless member onboarding and enhanced service opportunities.

Upstart Holdings (NASDAQ: UPST), an AI lending marketplace, has scheduled its first quarter 2025 financial results announcement for May 6, 2025. The company will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET on the same day.

The earnings press release and investor presentation will be made available on Upstart's investor relations website at ir.upstart.com after market close. Interested parties can access the live webcast through the company's investor relations website, while the conference call can be joined via phone using the code 8144054 (+1 888-204-4368 for US/Canada, +1 313-209-4906 for international).

Broadway Financial (NASDAQ: BYFC), parent company of City First Bank, has appointed Mary Hentges to its board of directors effective March 5, 2025. Hentges will serve on multiple committees including the Audit Committee, Risk and Compliance Committee, and Internal Asset Review Committee until the 2026 annual meeting.

Hentges brings significant financial expertise, having served as an Advisor for Jiko Group since 2019 and holding CFO positions at several companies including PayPal (2003-2010), CBS Interactive (2010-2012), and Yapstone (2012-2014). She currently serves on the boards of Upstart Holdings (NASDAQ: UPST) and Akili (NASDAQ: AKIL), among others.

The appointment follows a thorough review process by the Corporate Governance Committee, considering recommendations from Board members and management. The Board size has been increased to ten directors to accommodate this appointment.

Upstart (UPST), the AI lending marketplace, has appointed Peter Bernard to its Board of Directors. Bernard currently serves as Board Chair of Barclays Bank, U.S., and brings extensive experience in banking, risk management, and financial markets. His previous roles include COO at Root Capital, managing director and chief risk officer at D.E. Shaw & Co., CFO at RiskMetrics, and president/co-founder of New Bond Trading.

CEO Dave Girouard highlighted Bernard's expertise in banking and risk management as particularly valuable for Upstart's funding expansion plans. Bernard expressed alignment with Upstart's mission, stating his belief that AI is making lending more affordable, inclusive, and transparent.