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Will Upstart Be a Game-Changer for the Lending Industry?

The lending technology company's growth has disappeared for now, but what about the future?

By Matt Frankel, CFP – Aug 17, 2022 at 2:50PM EST

Lending technology company Upstart (UPST 7.24%) has been a poorly performing stock in the market recently, with shares down by 83% over the past year. However, in this video, Matt Frankel, CFP, discusses why he recently added Upstart to his portfolio, and why he sees brighter days ahead. 

*Stock prices used were the midday prices of August 17, 2022. The video was published on August 17, 2022.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

Matthew Frankel, CFP® has positions in Upstart Holdings, Inc. The Motley Fool has positions in and recommends Upstart Holdings, Inc. The Motley Fool has a disclosure policy.

Matthew Frankel, CFP, is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/frankel, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Upstart Stock Quote
Upstart
NASDAQ: UPST
$30.48
(-7.24%)-$2.38

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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