Upstart is trading 7.4% up today at $32.56 as investors react to the company's return to GAAP profitability and stronger-than-expected second-quarter results.
- The company beat revenue estimates with $364.7 million and reported a 50% surge in loan originations, totaling $4.2 billion.
- Management reaffirmed its full-year 2026 revenue guidance of $1.4 billion, reinforcing confidence in its strategic pivot toward a lower-risk marketplace model.