
'Time to Double Down,' Says Analyst About Upstart Holdings Stock (UPST)

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Upstart Holdings (UPST), an AI lending platform, reported Q3 earnings of $0.23 per share, exceeding analysts' expectations of $0.08. Despite this positive performance, the stock fell due to weak Q4 guidance, prompting analysts to suggest a 'double down' on the stock.
Leading AI lending platform Upstart Holdings (UPST) — a company striving to build partnerships with top-tier banks — reported better-than-expected Q3 earnings on November 4, posting EPS of $0.23 versus the $0.08 expected by analysts. However, the stock tumbled following the earnings release as investors shifted their attention to the company's weak Q4 guidance.
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