Upstart shares rise after Q2 revenue, profit top estimates

Upstart Holdings

05/08/2026 15:44

** Upstart UPST.O shares rise 5.7% to $32.01
** The AI lending marketplace firm's Q2 revenue rises 41.7% to $364.71 million from a year ago and beat estimates of $352.27 million, as per LSEG data
** Q2 profit comes in at 57 cents per share vs estimates of 53 cents
** CEO Paul Gu says Upstart was "re-accelerating growth in core personal loans," adding "originations up 50% year-over-year and we returned to GAAP profitability"
** Five of 14 brokerages rate the stock "buy" or higher, six "hold" and one "sell"; their median PT is $40
** Including session's moves, UPST has fallen 25.9% YTD 

 (Reporting by Ragini Mathur in Bengaluru)
 ((Ragini.Mathur@thomsonreuters.com;))