Upstart Holdings, Inc. shares have fallen 6.7% since its second-quarter 2026 earnings report about a month ago, underperforming the S&P 500. In the quarter, Upstart reported revenues of $364.7 million, up 42% year over year, and earnings per share of 16 cents, up 220% from 5 cents a year earlier. Fee revenues rose 45% to $348 million, with platform and referral fees contributing $284.1 million, servicing and other fees $54.8 million, and loan sales fees $9.1 million. GAAP net income was $16.5 million, up 195%, and adjusted EBITDA reached $76.9 million, up 45%, with a 21% margin. Originations climbed 50% to $4.2 billion, including $3.64 billion from unsecured lending and $589 million from secured products, where auto originations surged 264% and home products rose 139%. Management maintained full-year 2026 guidance for revenues of approximately $1.4 billion, fee revenues of about $1.3 billion, and adjusted EBITDA of $294 million, and noted receipt of conditional approval for a national bank charter with a targeted launch in early 2027. Since the report, consensus estimates have shifted downward by 20.69%, and Upstart carries a Zacks Rank of 4, or Sell, with a VGM score of D.
Upstart Holdings IncShares down 6.7% since Q2 earnings as consensus estimates were cut 20.69% and Upstart carries a Zacks Rank of 4 (Sell).
Moodys Corporation