BUZZ-Upstart soars after strong annual revenue forecast

Reuters

Feb 13, 2025

** Shares of AI-powered lending platform Upstart Holdings UPST.O jump as much as 33.6%; last up 31.1% at $88.29

** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG

** Company also expects to at least break even this year on a reported basis

** Meanwhile, UPST reported Q4 adjusted profit of 26 cents/shr, compared with analysts' expectations of a loss of 4 cents/shr

** Profit surged in Q4 as loan origination volumes soared 68% compared to the same period last year

** Needham says the operating environment continues to improve and believes UPST's funding is robust enough to support industry-leading growth moving forward

** UPST stock jumped 50.7% in 2024

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2511558948"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2511558948\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2511558948?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-13 03:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2511558948","market":"us","top_or_hot":-1,"title":"BUZZ-Upstart soars after strong annual revenue forecast","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Upstart soars after strong annual revenue forecast</title></head><body><p>** Shares of <span>AI-powered</span> lending platform Upstart Holdings <span>UPST.O</span> jump as much as 33.6%; last up 31.1% at $88.29</p><p>** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG</p><p>** Company also expects to at least break even <span>this</span> year on a reported basis </p><p>** Meanwhile, UPST reported Q4 adjusted profit of 26 cents/shr, compared with analysts' expectations of a loss of 4 cents/shr</p><p>** Profit surged in Q4 as loan origination volumes soared 68% compared to the same period last year</p><p>** Needham says the operating environment continues to improve and believes UPST's funding is robust enough to support industry-leading growth moving forward</p><p>** UPST stock jumped 50.7% in 2024</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Upstart soars after strong annual revenue forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Upstart soars after strong annual revenue forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-02-13 03:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Upstart soars after strong annual revenue forecast</title></head><body><p>** Shares of <span>AI-powered</span> lending platform Upstart Holdings <span>UPST.O</span> jump as much as 33.6%; last up 31.1% at $88.29</p><p>** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG</p><p>** Company also expects to at least break even <span>this</span> year on a reported basis </p><p>** Meanwhile, UPST reported Q4 adjusted profit of 26 cents/shr, compared with analysts' expectations of a loss of 4 cents/shr</p><p>** Profit surged in Q4 as loan origination volumes soared 68% compared to the same period last year</p><p>** Needham says the operating environment continues to improve and believes UPST's funding is robust enough to support industry-leading growth moving forward</p><p>** UPST stock jumped 50.7% in 2024</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UPST","symbol_name":"Upstart Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nL4N3P31KY:1","article_id":"2511558948","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511558948","pubTimestamp":1739388523,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Upstart soars after strong annual revenue forecast** Shares of AI-powered lending platform Upstart Holdings UPST.O jump as much as 33.6%; last up 31.1% at $88.29** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG** Company also expects to at least break even this year on a reported basis ** Meanwhile, UPST reported Q4 adjusted profit of 26 cents/shr, compared with analysts' expectations of a loss of 4 cents/shr** Profit surged in Q4 as loan origination volumes soared 68% compared to the same period last year** Needham says the operating environment continues to improve and believes UPST's funding is robust enough to support industry-leading growth moving forward** UPST stock jumped 50.7% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"translate_title":"BUZZ-Upstart在强劲的年度收入预测后飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UPST":0.9},"content_text":"BUZZ-Upstart soars after strong annual revenue forecast** Shares of AI-powered lending platform Upstart Holdings UPST.O jump as much as 33.6%; last up 31.1% at $88.29** UPST late Tuesday forecast FY25 revenue of about $1 billion, far above Wall Street expectations of $839.6 million, according to data compiled by LSEG** Company also expects to at least break even this year on a reported basis ** Meanwhile, UPST reported Q4 adjusted profit of 26 cents/shr, compared with analysts' expectations of a loss of 4 cents/shr** Profit surged in Q4 as loan origination volumes soared 68% compared to the same period last year** Needham says the operating environment continues to improve and believes UPST's funding is robust enough to support industry-leading growth moving forward** UPST stock jumped 50.7% in 2024 (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}