The Mortgage Market Reclaims Its Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 22 2025
0mins
Should l Buy UPST?
Source: NASDAQ.COM
Mortgage Market Activity: The podcast discusses a significant surge in mortgage refinancing and new loan activity due to a drop in average mortgage rates to 6.49%, with refinancing activity up 34% year-over-year, indicating a potential thaw in the housing market.
Oracle's Earnings Report: Oracle's stock saw a dramatic increase of 40% following a strong earnings report, highlighted by a 359% growth in remaining performance obligations, suggesting robust future demand, although concerns about the costs associated with infrastructure growth were also raised.
ETF Milestone: The podcast notes that exchange-traded funds (ETFs) have surpassed the number of individual stocks listed on exchanges, reflecting a shift in investor preference towards lower-cost investment options, with discussions on the implications of this trend.
Investment Insights: Contributors share their stock picks influenced by current market conditions, with mentions of Rocket Companies and Upstart as potential beneficiaries of the housing market recovery, and discussions on ETFs like the Defiance Quantum ETF and Vanguard Russell 2000 ETF as attractive investment opportunities.
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Analyst Views on UPST
Wall Street analysts forecast UPST stock price to rise
13 Analyst Rating
7 Buy
4 Hold
2 Sell
Moderate Buy
Current: 33.090
Low
20.00
Averages
56.73
High
80.00
Current: 33.090
Low
20.00
Averages
56.73
High
80.00
About UPST
Upstart Holdings, Inc. is an artificial intelligence (AI) lending marketplace. The Company’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit (HELOCs), and small dollar loans. It applies artificial intelligence models and cloud applications to the process of underwriting consumer credit. Its AI marketplace connects consumers with its lending partner. Its consumers can access Upstart-powered loans via Upstart.com, through a lender-branded product on its lending partners’ own websites, and through auto dealerships that use its Upstart Auto Retail software. Its platform enables lenders provide a product their customers want, rather than letting customers seek loans from competitors. Its cloud-based software platform incorporates technologies and software development approaches to allow for development of new features, such as cloud-native technologies, data integrity and security, and configurable multi-tenant architecture, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
KBRA Assigns Preliminary Ratings to Upstart's ABS Securitization
- Issuance Size: Upstart Securitization Trust 2026-2 issues $320.14 million in asset-backed securities (ABS), marking the 50th ABS securitization from loans originated through Upstart's online platform, indicating sustained growth potential in the consumer loan market.
- Credit Enhancement Levels: Preliminary ratings show credit enhancement levels of 66.05% for Class A-1 and A-2 notes, 51.80% for Class B notes, 41.20% for Class C notes, and 20.50% for Class D notes, reflecting varying degrees of investor protection that could influence market acceptance.
- Collateral Pool Size: As of the March 17, 2026 statistical cutoff date, the collateral pool for UPST 2026-2 will include approximately $400.2 million in loans, with auto secured personal loans comprising about 5.0%, providing investors with a diversified asset base.
- Rating Methodology: KBRA applied its Consumer Loan ABS Global Rating Methodology and ESG Global Rating Methodology, along with operational reviews of Upstart, ensuring the accuracy and transparency of the ratings, thereby enhancing market confidence in its credit assessments.
See More
Upstart Holdings Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Upstart Holdings for violations of the Securities Exchange Act, affecting those who purchased securities between May 14 and November 4, 2025, which may impact the company's reputation and stock price.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading statements regarding its 'Model 22' AI, overstating its accuracy, which led to investor losses when the truth emerged, potentially resulting in legal liabilities for the company.
- Legal Consultation Opportunity: Affected shareholders are encouraged to contact the Schall Law Firm before June 8, 2026, to discuss their rights and participate in the lawsuit, indicating potential risks for the company regarding legal issues and declining investor confidence.
- Market Reaction Expectations: As the lawsuit progresses, Upstart's stock price may face further pressure, prompting investors to monitor the case's developments to assess its impact on the company's future financial performance.
See More
Investment Trends in the Fintech Sector
- Revenue Growth Highlights: In 2025, five fintech companies including Lemonade, Nu Holdings, Robinhood, SoFi, and Upstart achieved at least 35% year-over-year revenue growth, with two exceeding 50%, indicating strong growth potential in the sector.
- Profitability Improvement: Block expects a 26% adjusted operating margin in 2026, while PayPal generated $5.6 billion in free cash flow on $33.2 billion in revenue in 2025, showcasing the profitability advantage of established fintech players.
- Valuation Attractiveness: PayPal's stock currently trades 84% below its historical peak, with a forward price-to-earnings ratio of 9.1, highlighting its appeal as an investment opportunity amid market fluctuations.
- Diversity in Investment Strategy: When selecting stocks, investors should consider various factors such as growth, profitability, and valuation to develop a strategy that aligns with their individual investment philosophy, thereby maximizing returns in the fintech space.
See More
Upstart Holdings: AI Lending Platform Recovery
- Significant Revenue Growth: Upstart's revenue increased by 35% year-over-year in Q4 2025, reaching $18.6 million, indicating a gradual recovery in its business as interest rates decline, reflecting a rebound in market demand for its credit evaluation platform.
- Surge in Transaction Volume: The same quarter saw an 86% increase in transaction volume, suggesting that Upstart's platform is attracting more borrowers, further driving revenue growth and laying the groundwork for future market share expansion.
- Diversified Funding Channels: Upstart partnered with 11 institutional lenders in Q4 and plans to add 13 more in 2026, a financing strategy that reduces its exposure to interest rate fluctuations while enhancing liquidity.
- Optimistic Future Outlook: Management expects revenue to reach $1.4 billion by 2026, a 40% increase, with a projected compound annual growth rate of 35% through 2028, indicating strong confidence in its long-term growth strategy despite the challenges posed by interest rate risks.
See More
Shareholder Class Action Filed Against Upstart Holdings
- Class Action Initiated: Bernstein Liebhard LLP announces a class action lawsuit on behalf of investors who purchased Upstart Holdings, Inc. (NASDAQ: UPST) securities between May 14, 2025, and November 4, 2025, alleging misrepresentations regarding the company's loan approval rates, revenues, and growth, potentially leading to investor losses.
- Legal Action Details: Investors wishing to participate must file papers by June 8, 2026, to serve as lead plaintiff representing other shareholders, although non-lead plaintiffs can still share in any recovery, ensuring broader participation in the lawsuit.
- Transparent Fee Structure: All representation is on a contingency fee basis, meaning shareholders incur no fees or expenses, which reduces the financial burden on investors and encourages more affected shareholders to join the action.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has been recognized multiple times in The National Law Journal’s “Plaintiffs’ Hot List,” demonstrating its expertise and influence in the securities litigation field.
See More
Class Action Lawsuit Announced for Upstart Holdings
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased Upstart Holdings, Inc. (NASDAQ: UPST) securities between May 14, 2025, and November 4, 2025, with a deadline of June 8, 2026, for potential lead plaintiffs, indicating that legal proceedings are underway.
- Potential Compensation Opportunity: Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement, highlighting the accessibility of legal services and the protection of investor rights in this case.
- Allegations of False Statements: The lawsuit alleges that defendants made false and misleading statements during the class period, particularly regarding the accuracy of Model 22's risk-separation processes and loan approval rates, which significantly impacted Upstart's revenue guidance, reflecting a crisis of trust in the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling similar cases.
See More
KBRA Assigns Preliminary Ratings to Upstart's ABS Securitization
- Issuance Size: Upstart Securitization Trust 2026-2 issues $320.14 million in asset-backed securities (ABS), marking the 50th ABS securitization from loans originated through Upstart's online platform, indicating sustained growth potential in the consumer loan market.
- Credit Enhancement Levels: Preliminary ratings show credit enhancement levels of 66.05% for Class A-1 and A-2 notes, 51.80% for Class B notes, 41.20% for Class C notes, and 20.50% for Class D notes, reflecting varying degrees of investor protection that could influence market acceptance.
- Collateral Pool Size: As of the March 17, 2026 statistical cutoff date, the collateral pool for UPST 2026-2 will include approximately $400.2 million in loans, with auto secured personal loans comprising about 5.0%, providing investors with a diversified asset base.
- Rating Methodology: KBRA applied its Consumer Loan ABS Global Rating Methodology and ESG Global Rating Methodology, along with operational reviews of Upstart, ensuring the accuracy and transparency of the ratings, thereby enhancing market confidence in its credit assessments.
See More
Upstart Holdings Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Upstart Holdings for violations of the Securities Exchange Act, affecting those who purchased securities between May 14 and November 4, 2025, which may impact the company's reputation and stock price.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading statements regarding its 'Model 22' AI, overstating its accuracy, which led to investor losses when the truth emerged, potentially resulting in legal liabilities for the company.
- Legal Consultation Opportunity: Affected shareholders are encouraged to contact the Schall Law Firm before June 8, 2026, to discuss their rights and participate in the lawsuit, indicating potential risks for the company regarding legal issues and declining investor confidence.
- Market Reaction Expectations: As the lawsuit progresses, Upstart's stock price may face further pressure, prompting investors to monitor the case's developments to assess its impact on the company's future financial performance.
See More
Investment Trends in the Fintech Sector
- Revenue Growth Highlights: In 2025, five fintech companies including Lemonade, Nu Holdings, Robinhood, SoFi, and Upstart achieved at least 35% year-over-year revenue growth, with two exceeding 50%, indicating strong growth potential in the sector.
- Profitability Improvement: Block expects a 26% adjusted operating margin in 2026, while PayPal generated $5.6 billion in free cash flow on $33.2 billion in revenue in 2025, showcasing the profitability advantage of established fintech players.
- Valuation Attractiveness: PayPal's stock currently trades 84% below its historical peak, with a forward price-to-earnings ratio of 9.1, highlighting its appeal as an investment opportunity amid market fluctuations.
- Diversity in Investment Strategy: When selecting stocks, investors should consider various factors such as growth, profitability, and valuation to develop a strategy that aligns with their individual investment philosophy, thereby maximizing returns in the fintech space.
See More
Upstart Holdings: AI Lending Platform Recovery
- Significant Revenue Growth: Upstart's revenue increased by 35% year-over-year in Q4 2025, reaching $18.6 million, indicating a gradual recovery in its business as interest rates decline, reflecting a rebound in market demand for its credit evaluation platform.
- Surge in Transaction Volume: The same quarter saw an 86% increase in transaction volume, suggesting that Upstart's platform is attracting more borrowers, further driving revenue growth and laying the groundwork for future market share expansion.
- Diversified Funding Channels: Upstart partnered with 11 institutional lenders in Q4 and plans to add 13 more in 2026, a financing strategy that reduces its exposure to interest rate fluctuations while enhancing liquidity.
- Optimistic Future Outlook: Management expects revenue to reach $1.4 billion by 2026, a 40% increase, with a projected compound annual growth rate of 35% through 2028, indicating strong confidence in its long-term growth strategy despite the challenges posed by interest rate risks.
See More
Shareholder Class Action Filed Against Upstart Holdings
- Class Action Initiated: Bernstein Liebhard LLP announces a class action lawsuit on behalf of investors who purchased Upstart Holdings, Inc. (NASDAQ: UPST) securities between May 14, 2025, and November 4, 2025, alleging misrepresentations regarding the company's loan approval rates, revenues, and growth, potentially leading to investor losses.
- Legal Action Details: Investors wishing to participate must file papers by June 8, 2026, to serve as lead plaintiff representing other shareholders, although non-lead plaintiffs can still share in any recovery, ensuring broader participation in the lawsuit.
- Transparent Fee Structure: All representation is on a contingency fee basis, meaning shareholders incur no fees or expenses, which reduces the financial burden on investors and encourages more affected shareholders to join the action.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has been recognized multiple times in The National Law Journal’s “Plaintiffs’ Hot List,” demonstrating its expertise and influence in the securities litigation field.
See More
Class Action Lawsuit Announced for Upstart Holdings
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased Upstart Holdings, Inc. (NASDAQ: UPST) securities between May 14, 2025, and November 4, 2025, with a deadline of June 8, 2026, for potential lead plaintiffs, indicating that legal proceedings are underway.
- Potential Compensation Opportunity: Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement, highlighting the accessibility of legal services and the protection of investor rights in this case.
- Allegations of False Statements: The lawsuit alleges that defendants made false and misleading statements during the class period, particularly regarding the accuracy of Model 22's risk-separation processes and loan approval rates, which significantly impacted Upstart's revenue guidance, reflecting a crisis of trust in the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling similar cases.
See More
