Stocks · News reference
Upstart Stock Slides Thursday: What's Going On?
Shares of Upstart Holdings are sliding Thursday. Here's what's driving the action.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Is SoFi's Product Flywheel Gaining Enough Traction to Lift SOFI Stock?
SoFi Technologies is transitioning from an online lender to a broad digital financial-services platform, with 51% of new products opened by existing members in Q2 (up from 35% YoY). The company's adjusted net revenues rose 40% YoY and adjusted EBITDA increased 44%, driven by cross-buy adoption and non-lending offerings now accounting for 87% of total products. However, SOFI stock has declined in 2026 despite operational progress, and current valuation assumes continued execution on its ecosystem strategy.
Prediction: This Artificial Intelligence (AI) Stock Is Going to Double by 2027
Upstart, an AI-powered loan assessment company, is predicted to double by end of 2026 despite being down 35% year-to-date. The company reported strong Q2 2026 results with 42% revenue growth and record loan approvals of 558,014 loans worth $4.2 billion. Trading at a P/S ratio of 2.6 versus its three-year average of 5.5, the stock appears undervalued. Management forecasts $1.4 billion in annual revenue for 2026, suggesting significant upside potential.