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Is Upstart Holdings Stock a Buy Now?

TheMotleyFool

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Is Upstart Holdings Stock a Buy Now?Photo, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Upstart Holdings (NASDAQ: UPST) was one of the hottest tech stocks last year. The cloud-based lending platform provider went public at $20 per share in December 2020, and its stock started trading at $26. It skyrocketed to an all-time high of $390 last October, but now trades back at about $26 again.

Should investors buy Upstart after that wild round trip? Let's take a fresh look at its business, growth rates, and valuation to decide.

Image source: Getty Images.

Source Fool.com

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