Upstart Holdings stock advances as lending expands

Published on 09/29/2026 at 14:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Upstart Holdings stock was trading at EUR 20.54 at Lang & Schwarz on September 29, 2026, up 1.13 percent. Q2 revenue rose 41.9 percent to USD 364.71 million.

UPST, US91680M1071, Illustration mit AI erstellt.

Upstart Holdings stock (ISIN US91680M1071) was trading at EUR 20.54 at Lang & Schwarz on September 29, 2026 at 2:38 p.m. CEST, up 1.13 percent versus the prior close of EUR 20.31. The latest company-specific development is a new securitization and a wider lending partnership that extends Upstart's reach beyond personal loans.

Credit platform broadens its reach

On September 28, 2026, StockTitan reported that KBRA assigned preliminary ratings to five classes of notes in a USD 400.0 million Upstart securitization. The transaction is the 52nd asset-backed securitization backed by loans originated through Upstart's platform, linking marketplace volume with a repeatable funding channel.

The transaction's collateral pool includes USD 500.0 million of loans as of August 10, 2026, with auto secured personal loans representing 5.00 percent of the pool, according to the same September 28, 2026 report. That mix matters because Upstart is trying to scale secured lending while reducing its dependence on unsecured personal loans.

Revenue grows but earnings lag

Upstart's second-quarter 2026 revenue reached USD 364.71 million, up 41.9 percent from the prior-year quarter, while earnings per share came in at USD 0.16 versus USD 0.18 consensus, MarketBeat reported on September 17, 2026. The comparison shows the central tension in the stock: top-line growth is substantial, but quarterly profitability still trails expectations.

Upstart also reported USD 1,342.1 million of originations for August 2026, equal to USD 50.7 million per origination day, in its September 3, 2026 release. The company's Upstart Macro Index stood at 1.50, which the release described as 50.00 percent above its normal-economy baseline of 1.0. Upstart also cautioned that the monthly figures are preliminary and unaudited.

Analysts keep a divided view

MarketBeat reported on September 17, 2026 that the consensus rating was Hold, based on eight Buy, eight Hold and one Sell recommendation, with an average 12-month price target of USD 43.75. Loop Capital began coverage on September 8, 2026 with a Hold rating and a USD 34.00 target, while BTIG maintained a Buy rating and a USD 43.00 target in an August 5, 2026 note.

For investors, the contrast is clear: the platform is expanding into HELOCs and auto lending, while the latest quarterly EPS comparison shows that growth has not removed execution risk. The market will therefore weigh lending volume, credit performance and conversion of originations into durable earnings.

Upstart Holdings stock gains in trading

Upstart Holdings stock was trading at EUR 20.54 at Lang & Schwarz on September 29, 2026 at 2:38 p.m. CEST, plus 1.13 percent versus the Lang & Schwarz prior close of EUR 20.31 on September 28, 2026. The primary Nasdaq listing had a USD 22.79 to USD 55.22 52-week range and a market capitalization of USD 2.2 billion as of September 28, 2026.