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UPST News5 articles
Upstart Stock Plunges 14% as Profit Margins Disappoint Despite Surging Loan Volume
Upstart shares tumbled 13.9% after hours as the AI lender's wider net loss and lower adjusted EBITDA overshadowed a 44% revenue surge and robust loan growth.
Upstart Shares Slip on Fortress Loan Deal as Investor Caution Lingers
Upstart shares fell after announcing a $1.25 billion loan purchase deal with Fortress Investment Group. Despite strong 2025 results, investors remain cautious about funding risks.
SoFi Stock Dips on $3.6B Loan Pacts Amid Accounting Scrutiny
SoFi Technologies shares declined over 4% on Friday, closing at $15.23, even after announcing more than $3.6 billion in anticipated personal loan funding from three new institutional partners. The drop occurred amid broader market weakness and lingering skepticism following a critical short-seller report earlier in March.
Upstart Unveils $1.4B 2026 Revenue Target, Announces CEO Transition
Upstart shares gained slightly premarket after projecting annual revenue of approximately $1.4 billion by 2026 and revealing a leadership change, with co-founder Paul Gu set to become CEO in May.
Upstart Shares Surge Ahead of Q4 Earnings Release
Upstart Holdings stock climbed over 5% in Tuesday trading as investors positioned for quarterly results after the close. The AI lending platform's report will shed light on loan demand and credit trends.