Upstart Investors Just Got Incredible News From CEO Dave Girouard
Investors who have remained confident about Upstart Holdings (NASDAQ: UPST) stock throughout its challenges are finally starting to see the light at the end of the tunnel. The credit evaluation company reported excellent progress in the 2024 fourth quarter and an even better outlook. The stock soared on the news and is already up 44% in 2025. Let's see what got the market so excited, and what to expect from Upstart right now.Upstart released stellar fourth-quarter earnings last week. Revenue increased 56% year over year to $219 million, and loan volume was up 68%. For the full year, revenue was up 24%, and Upstart added 24 new credit partners. Revenue is still off of highs from when interest rates were near zero, but the company is finally in recovery mode.Continue reading
Investors who have remained confident about Upstart Holdings (NASDAQ: UPST) stock throughout its challenges are finally starting to see the light at the end of the tunnel. The credit evaluation company reported excellent progress in the 2024 fourth quarter and an even better outlook. The stock soared on the news and is already up 44% in 2025. Let's see what got the market so excited, and what to expect from Upstart right now.
Upstart released stellar fourth-quarter earnings last week. Revenue increased 56% year over year to $219 million, and loan volume was up 68%. For the full year, revenue was up 24%, and Upstart added 24 new credit partners. Revenue is still off of highs from when interest rates were near zero, but the company is finally in recovery mode.
