UPSTART HOLDINGS INC (UPST)
Financials · AI-powered lending / fintech lending marketplace · NASDAQ
AI-powered marketplace that reimagines consumer lending through proprietary machine learning models to deliver higher approval rates and lower interest rates than traditional FICO-based systems.
What UPSTART HOLDINGS INC does
Upstart is an AI-powered lending marketplace that uses proprietary machine learning models to underwrite and facilitate unsecured and secured credit products including personal loans, auto loans, and home equity lines of credit (HELOCs). The platform connects borrowers with a network of lending partners (banks and credit unions) and institutional investors, charging fees based on loan originations and servicing. Upstart's AI models enable higher approval rates and lower interest rates compared to traditional FICO-based lending by analyzing over 2,500 variables to better quantify credit risk.
Themes: ["AI-powered lending / fintech","Credit underwriting automation","Personal loans","Auto financing","Alternative credit data","Loan marketplace / origination platform"]
Fundamentals
- Price$33.23 as of 2026-07-09 close
- Market cap$3.2B as of 2026-07-10
- 1-year return-57.6% as of 2026-07-09 close
- P/E64.38 as of 2026-07-10
- Net margin+4.3% as of 2026-07-10
- Gross margin+82.2% as of 2026-07-10
- ROE+7.3% as of 2026-07-10
- Debt / equity2.29 as of 2026-07-10
- Revenue growth (YoY)+57.7% as of 2026-07-10
- Revenue CAGR (3y)+7.4% SEC XBRL
- Beta2.19 as of 2026-07-10
Key risks (from latest filing)
["Dependence on top 3 lending partners for 83% of loan originations and 61% of revenue; concentration risk if these relationships are disrupted","Regulatory uncertainty around AI-based lending and potential changes to lending regulations that could restrict the platform's operations or require model changes","Macroeconomic sensitivity: credit performance and loan volumes are vulnerable to economic downturns, interest rate changes, and inflation fluctuations"]
Competitors & peers
- LendingClub
- SoFi (Social Finance)
- Better.com
- Traditional banks (JPMorgan Chase, Bank of America, Wells Fargo)
- Credit unions (various regional networks)
- Affirm
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.