1 Reason to Buy Upstart (UPST)
After a turbulent couple of years following the interest rate spikes of 2022, Upstart's (NASDAQ: UPST) business has grown nicely. In fact, despite the persistent high-rate environment and economic uncertainty, Upstart's loan origination volume grew by a staggering 89% year over year in the first quarter of 2025.
Upstart's management is calling for the company to produce its first billion-dollar revenue year ever in 2025. Think about that -- not even during the extreme low-interest environment of 2021 did Upstart ever manage a billion dollars.
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Source Fool.com