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Upstart Holdings Inc - UPST STOCK NEWS

Welcome to our dedicated news page for Upstart Holdings (Ticker: UPST), a resource for investors and traders seeking the latest updates and insights on Upstart Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Upstart Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Upstart Holdings's position in the market.

Rhea-AI Summary
Idaho Central Credit Union partners with Upstart to provide personal loans, aiming to grow and scale their loan offering and membership through a seamless lending experience.
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End-of-Day
-2.42%
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Rhea-AI Summary
Naveo Credit Union partners with Upstart to provide personal loans, expanding access to credit in Massachusetts neighborhoods.
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End-of-Day
-2.66%
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Rhea-AI Summary
Farmers Insurance Federal Credit Union (FIGFCU) has partnered with Upstart to offer personal loans to consumers across the country. This collaboration allows FIGFCU to reach a wider audience and provide a modern, all-digital lending experience. Through the Upstart Referral Network, qualified applicants on Upstart.com will receive tailored offers and seamlessly transition into a FIGFCU-branded experience for the application and closing process.
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End-of-Day
-2.2%
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Upstart Holdings, Inc. (NASDAQ: UPST) announced financial results for Q2 2023. Total revenue was $136 million, a decrease of 40% YoY. Lending partners originated 109,447 loans, totaling $1.2 billion, down 64% YoY. Contribution profit was $95.9 million, down 21% YoY, with a contribution margin of 67%. Adjusted EBITDA was $11.0 million, up from $5.5 million YoY. For Q3 2023, Upstart expects revenue of approximately $140 million, revenue from fees of approximately $150 million, and adjusted EBITDA of approximately $5 million.
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End-of-Day
-34.24%
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Upstart Holdings, Inc. (NASDAQ: UPST) will release its second quarter fiscal year 2023 business and financial results on August 8, 2023. The earnings press release and investor presentation will be available on Upstart's investor relations website. A conference call and live webcast will be held at 1:30 p.m. PT / 4:30 p.m. ET.
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7.53%
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Arbor Financial Credit Union partners with Upstart to provide personal loans to more members
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2.25%
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0.16%
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2.58%
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23.61%
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34.63%
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Upstart Holdings Inc

Nasdaq:UPST

UPST Rankings

UPST Stock Data

2.09B
75.02M
14.68%
49.7%
31.18%
Credit Card Issuing
Finance and Insurance
Link
United States
San Mateo

About UPST

founded by ex-googlers, upstart is the first lending platform to leverage artificial intelligence and machine learning to price credit and automate the borrowing process. upstart has demonstrated unparalleled credit performance and the industry’s highest consumer ratings. in addition to its direct-to-consumer lending platform, upstart provides technology to banks, credit unions and other partners via a saas offering called powered by upstart. learn more about upstart at https://www.upstart.com/about. find out how to join the team here at https://www.upstart.com/careers!