Upstart's All-Time High Is $401.49. Could It Break Through That Level in 2025?

Upstart (NASDAQ: UPST) has recently been one of the stock market's best performers. Since the middle of 2024, its stock price is up by 244%, thanks to several consecutive earnings reports that were stronger than analysts expected.Having said that, it's also important to point out that Upstart is still about 80% below its all-time high of $401.49 that it reached in October 2021. At that time, loan demand had exploded, thanks to the ultra-low interest rate environment, investor demand for loans was through the roof, and Upstart was a highly profitable business.We're starting to see signs that good times could be returning. Upstart's latest guidance calls for $1 billion in revenue in 2025, which would be the first billion-dollar year in the company's history. Upstart also expects positive net income this year for the first time since 2021 (when it reached that record high).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool