UPST · Upstart Holdings Inc.
AI read · Good for UPST
The AI's read
Upstart beat Q2 estimates on EPS and revenue, and originations jumped 50% year-over-year. Contribution profit hit an all-time high and adjusted EBITDA improved, so growth and profitability both showed up in the print. The stock already ran about 17% after the news, so some of the move is priced in. RSI is mid-50s and price sits well below the 52-week high, so there is room if the beats repeat. We lean bullish because the report shows reaccelerating loan growth and returning GAAP profitability. Keep conviction measured since the market already rewarded the print and durability of results matters more than one quarter.