The company uses artificial intelligence to qualify borrowers and inform lending decisions.
*Stock prices used were the afternoon prices of Oct. 14, 2024. The video was published on Oct. 15, 2024.
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Great News for Upstart Stock Investors
By Parkev Tatevosian, CFA
–
Oct 16, 2024 at 4:20AM
NASDAQ: UPST
Upstart
Market Cap
$5B
Today's Change
(0.38%) $0.22
Current Price
$57.64
Price as of June 10, 2025, 3:58 p.m. ET
Upstart secured a $2 billion commitment from an outside lender to support loan growth on the platform.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, 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
UPST
$57.64
(0.38%)
$0.22
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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