The Mortgage Market Reclaims Its Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 22 2025
0mins
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: 28.850
Low
20.00
Averages
56.73
High
80.00
Current: 28.850
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.
Upstart Shows Signs of Recovery in Credit Platform
- Loan Origination Growth: Upstart has facilitated $57 billion in loan originations since 2014, and despite its stock trading 92% below its 2021 peak, the platform shows strong market demand, particularly with 91% of loan processes fully automated.
- Significant Revenue Growth: In Q1 2026, Upstart reported a 44% year-over-year revenue increase, driven by a 77% surge in loan volumes, indicating a recovery in loan demand, with management projecting EBITDA margins to rise from 13% to 21% for the full year.
- Optimistic Market Outlook: Analysts forecast Upstart's revenue to grow at an annualized rate of 30.8% from 2025 to 2028, providing investor confidence, especially given the company's ability to expand rapidly, suggesting a potential doubling of stock price over the next five years.
- Attractive Valuation: With a price-to-sales ratio below 2.7 and a stock price still 92% off its peak, there is room for upside if market sentiment improves, although the company must demonstrate profitability in adverse economic conditions.
See More
Class Action Filed Against Upstart Holdings for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Upstart Holdings, alleging violations of federal securities laws during the period from May 14, 2025, to November 4, 2025, seeking damages for affected investors.
- Model Errors Impact: The complaint claims that Upstart's AI underwriting model, Model 22, frequently overreacted to negative macroeconomic signals, leading to an overstatement of its loan approval accuracy, which adversely affected the company's revenue results.
- Unreliable Revenue Guidance: Due to Model 22's overly conservative assessments of credit and macroeconomic conditions, Upstart's previously issued full-year 2025 revenue guidance is deemed unreliable, potentially exposing investors to significant losses.
- Investor Rights Protection: The law firm offers legal services on a contingency fee basis, meaning they will only charge fees if they successfully recover damages, ensuring that investors' rights are protected throughout the legal process.
See More
Upstart Holdings Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Upstart Holdings for violations of the Securities Exchange Act, involving securities purchased between May 14, 2025, and November 4, 2025, with a deadline to contact the firm by June 8, 2026.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading public statements during the class period, particularly regarding its 'Model 22' AI, which failed to accurately respond to macroeconomic signals, negatively impacting business performance.
- Investor Losses: As the market learned the truth about Upstart, investors suffered damages, prompting the Schall Law Firm to encourage affected shareholders to join the lawsuit to recover their losses, highlighting the firm's commitment to investor rights.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and urges shareholders to take action before class certification to ensure their rights are protected and avoid being absent class members.
See More
Reminder of Class Action Lawsuit for Upstart Holdings Investors
- Class Action Notice: Rosen Law Firm reminds investors who purchased Upstart Holdings securities between May 14, 2025, and November 4, 2025, to apply as lead plaintiffs by June 8, 2026, to participate in the class action, as those who do not will not be eligible for compensation.
- Fee Arrangement: Participants can seek compensation without any upfront costs, as attorney fees will be covered through a contingency fee arrangement, significantly lowering the financial barrier for investors to join the lawsuit.
- Lawsuit Background: The lawsuit alleges that Upstart made false and misleading statements during the class period, particularly regarding the accuracy of its Model 22 risk-separation process and inflated loan approval rates, resulting in investor losses when the truth emerged in the market.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first by ISS for the number of securities class action settlements in 2017, showcasing its expertise and influence in the field.
See More
Upstart Reports Strong Q1 with 44% Revenue Growth
- Significant Revenue Growth: Upstart's Q1 2026 revenue surged 44% year-over-year, driven by a 77% increase in loan volumes, indicating robust market demand for its lending services, which could lay the groundwork for future profitability.
- Improving Profitability: The company reported adjusted EBITDA of $40.5 million with a 13% margin, and management expects this margin to rise to 21% for the full year, potentially paving the way for future GAAP earnings, although expenses grew faster than revenue.
- Optimistic Market Outlook: Analysts project Upstart's revenue to grow at an annualized rate of 30.8% from 2025 to 2028, reflecting the company's potential for sustained growth in the massive lending market, especially given its demonstrated strong expansion capabilities.
- Limited Stock Price Potential: Despite Upstart's current price-to-sales ratio being below 2.7 and its stock trading 92% off its 2021 peak, the cyclical nature of its business leads to a low probability of the stock doubling in the future, prompting investors to carefully assess changing market conditions.
See More
Upstart Holdings Faces Class Action Lawsuit
- Class Action Reminder: The Schall Law Firm alerts investors of a class action lawsuit against Upstart Holdings for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between May 14 and November 4, 2025, with a deadline to contact the firm by June 8, 2026.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading statements during the class period, claiming that its 'Model 22' AI poorly reacted to macroeconomic signals and overstated its overall accuracy, resulting in investor losses.
- Market Reaction Impact: When the market learned the truth about Upstart, investors suffered significant damages, indicating that the company's public statements were false and materially misleading, adversely affecting its business performance.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, highlighting the firm's specialization in securities class action lawsuits and shareholder rights litigation aimed at helping investors recover losses.
See More
Upstart Shows Signs of Recovery in Credit Platform
- Loan Origination Growth: Upstart has facilitated $57 billion in loan originations since 2014, and despite its stock trading 92% below its 2021 peak, the platform shows strong market demand, particularly with 91% of loan processes fully automated.
- Significant Revenue Growth: In Q1 2026, Upstart reported a 44% year-over-year revenue increase, driven by a 77% surge in loan volumes, indicating a recovery in loan demand, with management projecting EBITDA margins to rise from 13% to 21% for the full year.
- Optimistic Market Outlook: Analysts forecast Upstart's revenue to grow at an annualized rate of 30.8% from 2025 to 2028, providing investor confidence, especially given the company's ability to expand rapidly, suggesting a potential doubling of stock price over the next five years.
- Attractive Valuation: With a price-to-sales ratio below 2.7 and a stock price still 92% off its peak, there is room for upside if market sentiment improves, although the company must demonstrate profitability in adverse economic conditions.
See More
Class Action Filed Against Upstart Holdings for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Upstart Holdings, alleging violations of federal securities laws during the period from May 14, 2025, to November 4, 2025, seeking damages for affected investors.
- Model Errors Impact: The complaint claims that Upstart's AI underwriting model, Model 22, frequently overreacted to negative macroeconomic signals, leading to an overstatement of its loan approval accuracy, which adversely affected the company's revenue results.
- Unreliable Revenue Guidance: Due to Model 22's overly conservative assessments of credit and macroeconomic conditions, Upstart's previously issued full-year 2025 revenue guidance is deemed unreliable, potentially exposing investors to significant losses.
- Investor Rights Protection: The law firm offers legal services on a contingency fee basis, meaning they will only charge fees if they successfully recover damages, ensuring that investors' rights are protected throughout the legal process.
See More
Upstart Holdings Faces Class Action Lawsuit Over Misleading Statements
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Upstart Holdings for violations of the Securities Exchange Act, involving securities purchased between May 14, 2025, and November 4, 2025, with a deadline to contact the firm by June 8, 2026.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading public statements during the class period, particularly regarding its 'Model 22' AI, which failed to accurately respond to macroeconomic signals, negatively impacting business performance.
- Investor Losses: As the market learned the truth about Upstart, investors suffered damages, prompting the Schall Law Firm to encourage affected shareholders to join the lawsuit to recover their losses, highlighting the firm's commitment to investor rights.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and urges shareholders to take action before class certification to ensure their rights are protected and avoid being absent class members.
See More
Reminder of Class Action Lawsuit for Upstart Holdings Investors
- Class Action Notice: Rosen Law Firm reminds investors who purchased Upstart Holdings securities between May 14, 2025, and November 4, 2025, to apply as lead plaintiffs by June 8, 2026, to participate in the class action, as those who do not will not be eligible for compensation.
- Fee Arrangement: Participants can seek compensation without any upfront costs, as attorney fees will be covered through a contingency fee arrangement, significantly lowering the financial barrier for investors to join the lawsuit.
- Lawsuit Background: The lawsuit alleges that Upstart made false and misleading statements during the class period, particularly regarding the accuracy of its Model 22 risk-separation process and inflated loan approval rates, resulting in investor losses when the truth emerged in the market.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first by ISS for the number of securities class action settlements in 2017, showcasing its expertise and influence in the field.
See More
Upstart Reports Strong Q1 with 44% Revenue Growth
- Significant Revenue Growth: Upstart's Q1 2026 revenue surged 44% year-over-year, driven by a 77% increase in loan volumes, indicating robust market demand for its lending services, which could lay the groundwork for future profitability.
- Improving Profitability: The company reported adjusted EBITDA of $40.5 million with a 13% margin, and management expects this margin to rise to 21% for the full year, potentially paving the way for future GAAP earnings, although expenses grew faster than revenue.
- Optimistic Market Outlook: Analysts project Upstart's revenue to grow at an annualized rate of 30.8% from 2025 to 2028, reflecting the company's potential for sustained growth in the massive lending market, especially given its demonstrated strong expansion capabilities.
- Limited Stock Price Potential: Despite Upstart's current price-to-sales ratio being below 2.7 and its stock trading 92% off its 2021 peak, the cyclical nature of its business leads to a low probability of the stock doubling in the future, prompting investors to carefully assess changing market conditions.
See More
Upstart Holdings Faces Class Action Lawsuit
- Class Action Reminder: The Schall Law Firm alerts investors of a class action lawsuit against Upstart Holdings for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between May 14 and November 4, 2025, with a deadline to contact the firm by June 8, 2026.
- False Statement Allegations: The complaint alleges that Upstart made false and misleading statements during the class period, claiming that its 'Model 22' AI poorly reacted to macroeconomic signals and overstated its overall accuracy, resulting in investor losses.
- Market Reaction Impact: When the market learned the truth about Upstart, investors suffered significant damages, indicating that the company's public statements were false and materially misleading, adversely affecting its business performance.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, highlighting the firm's specialization in securities class action lawsuits and shareholder rights litigation aimed at helping investors recover losses.
See More
