UPST Jan 2024 12.500 call
| Previous close | 20.20 |
| Open | 18.45 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 12.50 |
| Expiry date | 2024-01-19 |
| Day's range | 18.45 - 20.70 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
Motley Fool2 AI Stocks You May Regret Buying
Artificial intelligence (AI) is all the rage, but not every company developing AI-related products and services deserves your investment dollars. Enterprise AI software vendor C3.ai (NYSE: AI) and AI lending marketplace Upstart (NASDAQ: UPST) are both posting big losses, and neither are seeing huge upticks in demand amid the AI boom. While shares of enterprise AI software provider C3.ai have shot up this year, the business itself hasn't done nearly as well.
Motley FoolNone of These Wall Street Analysts Recommend Buying This AI Stock -- They Might Be Wrong
When the professionals on Wall Street reach a consensus about whether to buy or sell a stock, it pays to listen more often than not. Upstart has been swept up in the artificial intelligence (AI) frenzy in 2023, which appears to have caught Wall Street off guard. The majority of analysts tracked by The Wall Street Journal still recommend selling the stock, but here's why they might continue to be wrong.
Motley FoolDid Upstart Just Change Its Long-Term Strategy?
Upstart has had to grapple with fickle lenders leaving its platform in challenging economic conditions.
Motley FoolWhy Upstart Stock Soared 96% in May
Shares of Upstart (NASDAQ: UPST), the AI-based lending platform, soared last month after the company benefited from a better-than-expected earnings report, a deal with Castelake to sell $4 billion in loans, and what appeared to be an extended short squeeze. Upstart's first round of gains came on May 10, when the stock jumped 35% after the company reported first-quarter earnings. Upstart, which helps screen borrowers for banks and other lenders, is still struggling in the current macroeconomic environment.
Motley FoolWhy Pagaya Stock Jumped 25% in May
Shares of Pagaya Technologies (NASDAQ: PGY) stock gained 25% in May, according to data from S&P Global Market Intelligence. Pagaya operates a credit evaluation platform similar to popular stock Upstart Holdings, but it hasn't gotten nearly the same amount of market adulation. It went public in 2021 through a special purpose acquisition company (SPAC) offering, which was all the rage at the height of the previous bull market but has now earned strong investor pessimism.
Motley Fool3 Things About Upstart That Smart Investors Know
Thanks to its disruptive potential to upend how borrowers and lenders interact, Upstart (NASDAQ: UPST) initially saw its business thrive and its share price skyrocket. To better analyze the business, let's look at three things that the smartest investors know about Upstart.
Motley FoolThe Fed's Actions Have Hurt Upstart. Is the Stock a Buy?
While this is most often associated with biotech companies that could be a hit or fade away based on a regulatory decision, it's also been the reality for Upstart (NASDAQ: UPST). Upstart offers an alternative way to assess creditworthiness rather than a traditional FICO score and uses artificial intelligence (AI) to assess a loan applicant. The stock has plummeted more than 90% from its highs, although Upstart has rebounded in the past few months.
Motley FoolGot $1,500? 2 Top Growth Stocks to Buy Right Now
Short-term macro challenges have not stopped these two companies from continuing to expand their businesses.
Motley FoolIs 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.
Motley Fool3 Hot Stocks to Get Your Portfolio Ready for Summer
Despite the market's recent volatility, some companies are offering investors sizzling stories worthy of consideration.
Motley FoolWhere Will Upstart Stock Be in 1 Year?
Despite its grand fall from stardom, or perhaps because of it, Upstart Holdings (NASDAQ: UPST) is still capturing investors' attention. Let's see where Upstart could be in a year from now and decide if it makes sense to buy it. Upstart initially caught investors' attention as it posted triple-digit percentage sales growth for several consecutive quarters after it went public in 2020, and even one quarter of quadruple-digit growth.
Motley Fool2 Growth Stocks That Could Become Unstoppable (If 1 Thing Goes Right)
SoFi Technologies and Upstart have made tremendous progress. But they each need 1 thing to help push them over the top.
- Business Wire
CME Federal Credit Union Selects Upstart for Personal Lending
COLUMBUS, Ohio & SAN MATEO, Calif., May 24, 2023--CME Federal Credit Union Selects Upstart for Personal Lending
Motley FoolBest Stock to Buy: SoFi vs. Upstart
SoFi (NASDAQ: SOFI) and Upstart (NASDAQ: UPST) are preparing themselves for a potential recession. That could mean decreasing lending activity or tightening lending standards. In this video, Fool.com contributor and finance professor Parkev Tatevosian considers each company's short- and long-term prospects and decides which is his top stock to buy.
Motley FoolIf You Invested $3,000 in Upstart in 2022, This Is How Much You Would Have Today
Artificial intelligence-assisted lender Upstart (NASDAQ: UPST) went public toward the end of 2020 and shortly after saw its stock soar into the stratosphere. Over the last year and change, the company came under tremendous pressure as the Federal Reserve aggressively raised interest rates, which exposed weaknesses in part of Upstart's business model. Needless to say, the fintech has been on a bumpy ride in its short life as a publicly traded company.
Motley FoolBetter AI Stock: Upstart vs. Lemonade
Both stocks struggled as they seek to transform established industries with artificial intelligence initiatives.
Motley FoolBest Growth Stock to Buy: PayPal vs. Upstart
PayPal (NASDAQ: PYPL) and Upstart (NASDAQ: UPST) are different in many ways. However, they can both be considered financial services companies. In this video, Fool.com contributor and finance professor Parkev Tatevosian picks his favorite.
Motley FoolWhy Meta Platforms, C3.ai, Upstart, and Other AI Stocks Surged Monday
Market participants are hopeful for an agreement in the current debt ceiling negotiations, and an end to the stalemate in Washington, D.C., could further boost stocks. Another area of intense focus is recent advancements in artificial intelligence (AI) and how investors can best benefit from this rapidly emerging technology. One of Wall Street's biggest investment banks released estimates regarding the ongoing impact of AI, and the sheer magnitude of the numbers had investors beating the bushes for buys in the sector.
Motley FoolUpstart Stock: Bear vs. Bull
Upstart (NASDAQ: UPST) recently announced its 2023 first-quarter financials, and investors were impressed. With the recent positive news, should investors seriously consider buying this disruptive fintech stock now to ride the strong momentum, even though it's still well below its all-time high? While the company prides itself on being a platform that connects its banking partners with borrowers, it's hard to understate how desperately Upstart needs things outside of its control to work to its benefit.
Motley FoolBetter Buy: Lemonade or Upstart?
Both Lemonade (NYSE: LMND) and Upstart (NASDAQ: UPST) made their stock market debuts in 2020. Lemonade is down about 77% since going public, while Upstart's stock is down a whopping 94% from its all-time high. Lemonade is trying to change the game of insurance by using artificial intelligence (AI) to better serve customers.
Motley FoolBetter Late Than Never: 3 Stocks to Buy Now That Are Up More Than 20% This Year
This has been the year of the stock picker. Look no further than the big three indexes for proof: The Nasdaq Composite is up 20%, the S&P 500 is up 9%, and the Dow Jones Industrial Average is up nearly 1%.
Motley FoolThis AI Stock Is Running Circles Around Upstart, and Wall Street Sees a 249% Upside
Upstart Holdings (NASDAQ: UPST) captured the market's enthusiasm at the height of the bull market, demonstrating the rare feat of gaining more than 1,000% in about a year. Pagaya operates an artificial intelligence (AI)-based platform that assesses a borrower's credit risk. It works with many credit partners in banking, credit, auto, as well as companies such as Visa, Ally, and SoFi Technologies.
Motley Fool3 Companies to Consider If You're Looking to Add AI Stocks to Your Portfolio
Considering ChatGPT is largely responsible for the recent AI hype, it only feels right to include Microsoft (NASDAQ: MSFT). In 2019, Microsoft invested $1 billion in OpenAI, the creator of ChatGPT and AI image generator Dall-E. This year, Microsoft doubled back with another $10 billion investment. The Microsoft-OpenAI partnership shows Microsoft is serious and taking tangible steps to incorporate AI capabilities into its suite of services, starting with its cloud service, Azure, which is second in global cloud market share behind Amazon Web Services (AWS) and an increasingly important part of Microsoft's business.
Motley FoolWhy Upstart Stock Is Going Parabolic This Week
Shares of Upstart Holdings (NASDAQ: UPST) are down nearly 50% over the last 12 months, but the returns over that time frame were a whole lot worse last week. As of Thursday afternoon, Upstart shares have shot 48% higher since last Friday's close, according to data provided by S&P Global Market Intelligence. The stock has tumbled over the last year as an economic backdrop of rising interest rates and slowing growth turned all the data used to build the company's AI lending platform on its head.
Motley FoolBetter Growth Stock: C3.ai vs. Upstart
C3.ai (NYSE: AI) and Upstart (NASDAQ: UPST) have both been divisive stocks among growth-oriented investors. C3 initially dazzled the bulls with its rapid growth, catchy ticker symbol, and the disruptive potential of its AI algorithms -- which can be integrated into an organization's existing software to automate tasks, optimize spending, and detect fraud. Upstart is an AI-powered online lending marketplace that approves loans based on a person's education, standardized test scores, work history, and other non-traditional data points.