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MarketBeat

Peter Frank

Upstart Surges on Record Revenue but Wall Street Remains Divided

Upstart UPST Upstart Holdings MarketBeat

At Upstart Holdings (NASDAQ: UPST), using artificial intelligence is not new. What would be new is if it could wrap a successful, steady business model around it.

The company’s most recent results suggest such a development might be on the way. Revenue is surging, profits have returned, and management is setting bold targets. With a new CEO expected May 1 and the company’s recent push for a bank charter, Upstart is clearly making some moves.

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