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Is Upstart Stock a Buy?

Is Upstart Stock a Buy?

With recently reported financial results that were well received by the market, and a stock price that is clearly riding some strong momentum, is Upstart stock a buy right now? Upstart's revenue that year jumped 264% year over year, and its net income of $135 million was up 2,164% versus 2020. As the Federal Reserve started to hike interest rates aggressively to combat soaring inflation, Upstart's business took a hit.