UPST · Upstart Holdings, Inc.
AI read · Good for UPST
The AI's read
Upstart crushed Q2: EPS 56c vs 53c and revenue $364.7M, led by record $4.2B originations and rising fee revenue. Secured products and auto lending showed big sequential gains, and contribution profit and margins expanded. The stock has already jumped about 17.7% on the news, so a lot of the upside is priced in today. RSI sits mid-range at 56, so momentum exists but the move isn’t frothy yet. We lean bullish because growth, margin expansion, and improved unit economics give real runway. That said, the upside/downside edge narrows after a large pop, so credit performance and balance-sheet loan exposure are the watch items.