UPST

Upstart’s first quarter saw strong top-line growth, but the market reacted negatively due to profitability shortfalls. Management pointed to a combination of rapid expansion in auto and home lending products, continued investment in talent, and seasonality as factors shaping the quarter. CEO Paul Gu emphasized that improvements in Upstart’s AI-powered underwriting models and stronger performance in core personal loans and new product segments helped drive originations growth. However, CFO Andrea Blankmeyer acknowledged that increased marketing and operational costs, along with a front-loaded investment cycle, contributed to a year-over-year decline in profit. Is now the time to buy UPST? Find out in our full research report (it’s free). Revenue: $308.2 million vs analyst estimates of $303.1 million (44.4% year-on-year growth, 1.7% beat) Adjusted EPS: $0.30 vs analyst expectations of $0.43 (29% miss) Adjusted Operating Income: -$7.52 million vs analyst estimates of $12.76 million (-2.4% margin, significant miss) The company reconfirmed its revenue guidance for the full year of $1.4 billion at the midpoint Operating Margin: -2.4%, in line with the same quarter last year Market Capitalization: $2.75 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Mihir Bhatia (Bank of America) asked how management balances near-term profitability with reinvestment. CEO Paul Gu responded that capital efficiency is prioritized, but reinvestment in growth remains essential to long-term value creation. Kyle David Peterson (Needham) questioned whether expenses related to the bank charter application were material in Q1. CFO Andrea Blankmeyer clarified that such costs were not significant yet and are accounted for in future expense guidance. Simon Alistair Clinch (Rothschild and Company Redburn) inquired about changes in risk-sharing terms for new funding agreements. Gu stated that deal terms have been stable or improving and that risk-sharing remains a small, strategic portion of Upstart’s capital structure. James Eugene Faucette (Morgan Stanley) pressed for details on HELOC product advantages. Gu indicated that faster closing times...

Over the last 7 days, the United States market has risen by 1.1%, contributing to an impressive 27% climb over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, companies that exhibit high growth potential and significant insider ownership can be particularly appealing, as they often indicate strong confidence from those closest to the business. Click here to see the full list of 181 stocks from our Fast Growing US Companies With High Insider Ownership screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Evolus, Inc. is a performance beauty company that provides products in the cash-pay aesthetic market across the United States, Canada, Europe, and Australia with a market cap of $442.54 million. Operations: The company's revenue segment focuses on delivering medical aesthetic products to the cash-pay aesthetic market, generating $301.79 million. Insider Ownership: 11.1% Earnings Growth Forecast: 66.7% p.a. Evolus, Inc. is poised for significant growth with its forecasted profitability within three years and revenue growth expected to outpace the broader US market at 14.4% annually. Recent earnings show a narrowing net loss, and the company anticipates annual revenues between US$327 million and US$337 million for 2026. The upcoming European launch of Estyme marks an international expansion in dermal fillers, potentially enhancing revenue streams despite historically volatile share prices and negative shareholders' equity concerns. Click here and access our complete growth analysis report to understand the dynamics of Evolus. Our expertly prepared valuation report Evolus implies its share price may be lower than expected. Simply Wall St Growth Rating: ★★★★★★ Overview: Upstart Holdings, Inc. operates a cloud-based AI lending platform in the United States and has a market cap of approximately $2.58 billion. Operations: The company's revenue is primarily derived from its personal lending segment, which generated $1.01 billion. Insider Ownership: 12.8% Earnings Growth Forecast: 58.5% p.a. Upstart Holdings is positioned for robust growth, with earnings projected to rise significantly at 58.5% annually, outpacing the US market. Despite a recent net loss of US$6.65 million in Q1 2026, insider activity indicates more buying than selling over...

In the last week, the United States market has stayed flat, yet it has seen a remarkable 25% increase over the past year with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business in its potential for continued success. Click here to see the full list of 187 stocks from our Fast Growing US Companies With High Insider Ownership screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States with a market cap of $488.06 million. Operations: The company's revenue is primarily derived from its Semiconductor Equipment and Services segment, which generated $5.23 million. Insider Ownership: 25.8% Earnings Growth Forecast: 68.6% p.a. Aeluma is positioned for significant growth with forecasted revenue expansion of 77% annually, outpacing the US market. Despite a volatile share price and recent net losses, its strategic focus on high-growth sectors like AI infrastructure and quantum technologies is bolstered by substantial U.S. government contracts exceeding US$4 million. The company's innovative quantum dot laser platform, supported by NASA awards, enhances its competitive edge in photonics integration. However, low projected return on equity remains a concern. Click to explore a detailed breakdown of our findings in Aeluma's earnings growth report. Our valuation report here indicates Aeluma may be overvalued. Simply Wall St Growth Rating: ★★★★☆☆ Overview: STAAR Surgical Company designs, develops, manufactures, and sells phakic implantable lenses and accessory delivery systems for the eye, with a market cap of approximately $1.40 billion. Operations: The company's revenue is primarily generated from its ophthalmic surgical products, totaling $239.44 million. Insider Ownership: 26.2% Earnings Growth Forecast: 71.6% p.a. STAAR Surgical's growth potential is underscored by its forecasted revenue increase of 11.8% annually, slightly above the US market average. Recent earnings showed significant improvement with sales reaching US$93.52 million, a substantial rise from the previous year, and a shift to n...

Over the last 7 days, the United States market has risen by 1.5%, contributing to a remarkable 26% climb over the past year, with earnings forecasted to grow by 17% annually. In this flourishing environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business and potential for substantial earnings expansion. Click here to see the full list of 185 stocks from our Fast Growing US Companies With High Insider Ownership screener. Let's explore several standout options from the results in the screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Immix Biopharma, Inc. is a clinical-stage biopharmaceutical company focused on developing chimeric antigen receptor cell therapy for light chain amyloidosis and immune-mediated diseases, with a market cap of $525.88 million. Operations: Revenue Segments (in millions of $): null Insider Ownership: 12.8% Earnings Growth Forecast: 63.4% p.a. Immix Biopharma is a growth-focused company with high insider ownership, currently navigating financial challenges with a reported net loss of US$10.09 million for Q1 2026. Despite this, its revenue is forecasted to grow significantly faster than the US market at 56.6% annually, driven by promising developments like NXC-201 for AL Amyloidosis. The company anticipates profitability within three years, although it has experienced substantial shareholder dilution and share price volatility recently. Get an in-depth perspective on Immix Biopharma's performance by reading our analyst estimates report here. Our valuation report here indicates Immix Biopharma may be overvalued. Simply Wall St Growth Rating: ★★★★★☆ Overview: Rumble Inc. operates a video sharing and cloud services platform across the United States, Canada, and internationally, with a market cap of approximately $2.77 billion. Operations: The company's revenue is generated from its Internet Software & Services segment, amounting to $100.62 million. Insider Ownership: 35.9% Earnings Growth Forecast: 56.8% p.a. Rumble Inc. exhibits high insider ownership and is positioned for substantial growth, with revenue forecasted to expand at 42.5% annually, outpacing the US market. Recent initiatives like the OpenClaw Starter package on Rumble Cloud highlight its innovative approach in AI infrastructure. Despite a history of volatility and fin...

Interested in loanDepot, Inc.? Here are five stocks we like better. loanDepot’s Q1 adjusted loss widened to $34 million from $21 million in the prior quarter as lower gain-on-sale margins and higher interest rate volatility pressured results. Revenue also fell to $299 million, while the company said product mix shifts toward conventional loans hurt margins. Despite weaker profitability, loanDepot said it gained market share and saw origination volume of $7.7 billion, near the high end of guidance. Management credited the improvement to adding loan officers, relaunching wholesale lending and sharpening marketing efficiency. The company expects a margin rebound in Q2, with gain-on-sale margins forecast at 330 to 360 basis points and higher origination volume. Management says the 5x5 HomeLoan and Figure Technology partnership should support growth and a shift toward more profitable loan mix. Here’s What Driving the 125% YTD Gains for Upstart Holdings Stock loanDepot (NYSE:LDI) reported a wider adjusted loss for the first quarter of 2026 as lower gain-on-sale margins and interest rate volatility weighed on revenue, even as the mortgage lender said it continued to gain market share and invest in growth initiatives. Chief Executive Officer Anthony Hsieh said the company is “three quarters into the rebuild” and has focused on long-term growth initiatives including the addition of more than 100 loan officers, the relaunch of its wholesale business and a new partnership with Figure Technology Solutions. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum “Despite a volatile market environment, these initiatives help us increase market share during the quarter, which I consider vital to our goal of achieving consistent profitability in the current market,” Hsieh said. Chief Financial Officer David Hayes said loanDepot reported an adjusted net loss of $34 million in the first quarter, compared with an adjusted net loss of $21 million in the fourth quarter of 2025. He attributed the change primarily to a lower pull-through weighted gain-on-sale margin, partially offset by lower expenses. → 3 Ways to Target the Resources Powering AI and Data Centers Adjusted total revenue was $299 million, down from $316 million in the prior quarter. Pull-through weighted rate lock volume was $8.3 billion, up 14% from $7.3 billion in the fourth quarter and within the company...

Interested in Pagaya Technologies Ltd.? Here are five stocks we like better. Strong Q1 financials and raised outlook: Pagaya reported GAAP net income of $25M, total revenue of $318M (up 10% YoY), adjusted EBITDA of $94M with a 29.6% margin, and raised full‑year guidance—adjusted EBITDA to $420M–$460M and GAAP net income to $110M–$160M. CFO transition announced: Evangelos Perros will step down June 15 and remain an advisor through year‑end, with Chief Strategy Officer Jon Dobres promoted to CFO to ensure continuity in investor engagement and capital strategy. Funding strength and platform expansion: The company issued $2.1B via ABS (including its first auto re‑securitization), secured a Fitch AAA rating on a personal‑loan shelf, onboarded multiple partners (e.g., Upstart, Sezzle) and is driving growth via more partners/products rather than higher credit risk. This AI Lender Has Big Upside Potential—And Big Risks Pagaya Technologies (NASDAQ:PGY) reported first-quarter 2026 results that marked its fifth consecutive quarter of GAAP profitability, while management emphasized disciplined underwriting, continued partner onboarding momentum, and a funding strategy designed to remain flexible amid market volatility. Chief Executive Officer Gal Krubiner opened the call by announcing that Chief Financial Officer Evangelos Perros will step down effective June 15 after nearly five years with the company, and will remain a strategic advisor through year-end. Krubiner credited Perros with helping “lay[] the foundation for positive GAAP net income and cash flow.” → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% The Next Market Leaders? 5 Growth Stocks to Watch in 2026 Krubiner also announced that Jon Dobres, currently Chief Strategy Officer, will become CFO. Krubiner said Dobres has worked closely on “corporate strategy and key financing initiatives,” including the company’s term loan and high-yield bond offering. Perros said the transition is focused on “continuity across, particularly in the areas of investor engagement and capital efficiency,” while Dobres said the company’s “priorities and financial strategy remain unchanged.” Perros said Pagaya generated GAAP net income of $25 million in the first quarter. Krubiner described the period as “another strong quarter” achieved despite “a macro environment full of volatility.” → Light Speed Returns: Corning...

Upstart Holdings, Inc. (UPST) is a leading artificial intelligence (AI) lending marketplace that connects consumers with more than 100 banks and credit unions. The company seeks to transform the traditional FICO-based lending system by using proprietary machine learning models to assess credit risk more accurately. Its platform automates over 91% of loans, offering personal loans, automotive financing, and home equity lines of credit (HELOCs). By leveraging thousands of non-traditional variables, Upstart provides higher approval rates and lower interest rates for borrowers while reducing default risks for its lending partners. Founded in 2012 by former Google (GOOG) (GOOGL) executives, the company is based in San Mateo, California. Dear Apple Stock Fans, Mark Your Calendars for May 11 Stock Surge on Robust Tech Earnings and US-Iran Peace Hopes The Biggest Catalyst for OKLO Stock May Not Be Earnings, But a Brewing Short Squeeze Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Upstart's stock has experienced a period of consolidation following high volatility earlier in the year, currently trading well below its 52-week high of $87.30 but recovering from a low of $23.97. With an elevated price-to-earnings ratio, UPST remains a high-beta growth stock that is highly sensitive to shifts in the macroeconomic interest rate environment and consumer credit health. Compared to the Nasdaq Composite ($NASX), Upstart has exhibited significant underperformance over the trailing twelve-month period. While the tech-heavy Nasdaq captured broader gains from the 2025–2026 AI rally, Upstart faced headwinds from the banking sector’s cautious lending stance. However, in the most recent 30-day window, Upstart has begun to track more closely with the index, benefiting from a "catch-up" trade as it secures new long-term capital commitments. Upstart Holdings reported mixed first-quarter 2026 results on May 5, 2026, posting a revenue of $308 million, beating analyst estimates of $302 million while seeing a 44% increase year-over-year. While revenue was strong, the company reported a GAAP net loss of $6.6 million, or -$0.07 per share, as it increased investments in new product lines like "CashLine" and expanded its auto and home lending verticals. The stro...

New CEO Paul Gu and CFO Andrea Blankmeyer are prioritizing capital-efficient growth—reinvesting personal-loan profits, treating equity as a real cost—and Upstart reiterated full-year 2026 guidance (~$1.4B revenue, ~$294M adjusted EBITDA) while authorizing opportunistic buybacks ($100M repurchased; ~$122M remaining). Q1 showed strong top-line growth with originations up 61% YoY to $3.4B and revenue up 44% to about $308M; contribution profit rose 34% YoY but margins dipped and GAAP net loss was roughly $7M. Upstart is scaling AI and secured products: underwriting-model accuracy improved (lead +1.4 pts; model advantage 173.6%) and AI-driven changes added ~3.5% more originations at equivalent risk, while auto originations jumped >300% YoY and home rose ~250% YoY as the company shifts some focus to unit economics. Interested in Upstart Holdings, Inc.? Here are five stocks we like better. MarketBeat Week in Review – 03/30 - 04/03 Upstart (NASDAQ:UPST) reported strong first-quarter 2026 growth while reiterating full-year guidance, as newly appointed CEO Paul Gu and newly hired CFO Andrea Blankmeyer emphasized a strategy centered on capital-efficient expansion, improving AI-driven underwriting, and scaling newer lending products without materially changing the company’s reliance on third-party funding. In his first earnings call as CEO, Gu said Upstart’s leadership team is “here to build a high-growth and high-return business,” arguing the company still has significant growth potential as a public company. He pointed to Upstart’s three-year outlook of 35% annualized revenue growth and said the firm expects to be “one of the fastest multi-year compounders at our scale.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook Upstart Surges on Record Revenue but Wall Street Remains Divided Gu described Upstart’s operating strategy as reinvesting profits from core personal loans into expanding products and brand across consumer credit, while keeping the business capital efficient and limiting dilution. “At Upstart, we have always treated equity as a real cost, and I intend to double down on that rigor,” he said. Blankmeyer, who joined as CFO in March, said she is aligned with Gu’s priorities, including “the discipline Paul described around treating equity as a real cost and running a capital-efficient business.” → The Real SpaceX Play: 5 Chip Stocks Powerin...

Image source: The Motley Fool. May 5, 2026 at 4:30 p.m. ET Chief Executive Officer — Paul Gu Chief Financial Officer — Andrea Blankmeyer Need a quote from a Motley Fool analyst? Email [email protected] Paul Gu: Thank you, Sonya, and thank you everyone for joining us today. I want to start my first official earnings call as CEO by stating simply that the Upstart leadership team and I are here to build a high-growth and high-return business. I am the founder at 20 to start something, and now after 14 years, I would not be doing this if I did not believe the upside ahead for Upstart Holdings, Inc. was as good as that of any startup. In recent decades, there has been a growing trend for the fastest-growing companies to stay private, and as a result, public companies are typically past their high-growth years. We believe Upstart Holdings, Inc. is not. As reflected in our three-year outlook of 35% annualized revenue growth, we expect to be one of the fastest multiyear compounders at our scale. Consumer credit is arguably the oldest, most economically foundational business there is, and today is the perfect time to reimagine it. Unlike in some areas, the application of AI to credit is an unambiguous good for the consumer, saving them time and money to use on the parts of life that really matter. For lenders, AI will transform credit from a structurally commodity-like business to one where the player who wins the technology and modeling race wins the market. With a decade-long head start, we believe that race is ours to lose. Capitalizing on this enormous market opportunity will require some investment. Fortunately, we have just the right business to fund it: core personal loans—unsecured installment loans to consumers not conventionally considered super prime. Our significant and growing lead in technology built up over that decade plus gives our product there the best rates and best process in the market, making room for unusually high margins while still delivering the best product to the customer. You are going to hear me talk a lot more about this as CEO. Our core personal loan business makes a lot of money and my first priority is to do a lot more of it. Businesses in today's world, especially in lending, can too easily put up big numbers that depend on even bigger equity bases. At Upstart Holdings, Inc., we have always treated equity as a real cost, and I intend to...

Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.3 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -22.42%. A quarter ago, it was expected that this company would post earnings of $0.47 per share when it actually produced earnings of $0.46, delivering a surprise of -2.13%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Upstart, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $308.21 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.52%. This compares to year-ago revenues of $213.37 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Upstart shares have lost about 26.6% since the beginning of the year versus the S&P 500's gain of 5.2%. While Upstart has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Upstart was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Stro...

For the quarter ended March 2026, Upstart Holdings, Inc. (UPST) reported revenue of $308.21 million, up 44.5% over the same period last year. EPS came in at $0.30, compared to $0.30 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $289.36 million, representing a surprise of +6.52%. The company delivered an EPS surprise of -22.42%, with the consensus EPS estimate being $0.39. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Upstart performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Transaction Volume: $3.45 million versus $3.39 million estimated by two analysts on average. Revenue- Total interest income, interest expense, and fair value adjustments, net: $31.15 million compared to the $23.68 million average estimate based on three analysts. Revenue- Revenue from fees, net: $277.06 million versus the three-analyst average estimate of $265.65 million. The reported number represents a year-over-year change of +49.4%. View all Key Company Metrics for Upstart here>>> Shares of Upstart have returned +19.2% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Upstart Holdings, Inc. (UPST) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SAN MATEO, Calif., May 05, 2026--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for the quarter ended March 31, 2026. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "In Q1, we grew originations 61% and revenue 44% year-over-year - putting us comfortably on track to deliver on our full year outlook. We advanced our AI models, applied for a national bank charter, and grew rapidly in home and auto," said Paul Gu, Co-founder and CEO. "As I begin my tenure as CEO, my focus is straightforward: build a high-growth, capital-efficient business that delivers strong long-term returns. The application of AI to credit is an unambiguous win for consumers, and we’re proud to be leading the way." First Quarter 2026 Highlights Transaction Volume: 425,356 loans originated, up 77% year-over-year ("YoY"). Total originations were roughly $3.4 billion, up 61% YoY. Total Revenue: $308 million, up 44% YoY. Revenue from fees was $277 million, up 49% YoY. Loss from Operations: ($7.5) million, compared to ($4.5) million in Q1 2025. Net Loss: ($6.6) million, compared to ($2.4) million in Q1 2025. Diluted net loss per share was ($0.07) compared with ($0.03) in Q1 2025. Contribution Profit: $137 million, up 34% YoY. Contribution Margin was 50%, versus 55% in Q1 2025. Adjusted EBITDA: $40.5 million, down from $42.6 million in Q1 2025. Adjusted EBITDA Margin was 13%, down from 20% in Q1 2025. Financial Outlook For full-year 2026, Upstart continues to expect: Total Revenue of approximately $1.4 billion Revenue From Fees of approximately $1.3 billion Adjusted EBITDA (Margin % of Total Revenue) of approximately $294 million (21%) There is no change to the Company’s 2025-2028 targets previously shared on February 10, 2026: 2025 - 2028 Total Revenue CAGR: Approximately 35% 2028 Adjusted EBITDA Margin: Approximately 25% Conference Call and Webcast Information Live Conference Call and Webcast at 1:30 p.m. PT on May 5, 2026. To access the call in the United States and Canada: 800-330-6710, conference code 7983833. To access the call outside of the United States and Canada: +1 312-471-1353, conference code 7983833. A webcast is available at ir.upstart.com. Event Replay: A webcast o...