Could Upstart Stock Double in 5 Years?
Investors shouldn't doubt that Upstart (NASDAQ: UPST) is an innovative company. It has introduced what it believes is an upgrade to the traditional loan credit-rating system. The business leverages its machine learning and artificial intelligence (AI) capabilities to expand credit access to more borrowers. Since 2014, it has facilitated $57 billion in loan originations.
This platform model, though, hasn't translated into a winning outcome for investors. This fintech stock currently trades 92% below its late-2021 high. Maybe there are better days ahead.
Does Upstart have what it takes to double its current share price in five years?
Source Fool.com


