Three Reasons to Buy Upstart Stock Right Now
Point Upstart recently reported 56% revenue growth and provided a strong outlook for 2025. The company is expanding beyond personal loans into auto loans and home equity lines of credit (HELOCs) , opening massive growth opportunities. Upstart expects to reach GAAP profitability in 2025 , marking a significant milestone for financial stability. Details image source : Upstart 1. Strong Growth and Improving Profitability Upstart has consistently outperformed market expectations , reporting impressive financial results over the past few quarters. Q4 2024 revenue: $285 million, up 56% year-over-year , and 35% sequential growth from Q3 Loan originations: $2.1 billion , a 68% increase from the previous year Adjusted EBITDA margin: 18%, up from 0% a year ago Net loss: $4.8 million, a 90% improvement from Q4 2023 More importantly, Upstart forecasts that 2025 will be its first billion-dollar revenue year . Additionally, it expects to reach break-even or better on a GAAP...