Is Upstart Stock a Buy Now?
Upstart (NASDAQ: UPST) capped off a transformational 2024 with a blowout fourth-quarter earnings report. The financial technology (fintech) innovator exceeded Wall Street expectations by posting 56% year-over-year revenue growth for the period that ended Dec. 31, with the pace accelerating from the prior quarter.
From years of struggling to generate consistent profitability, company guidance for at least a break-even net income for 2025 highlights a rapidly improving outlook. On the other hand, with the stock already returning 204% over the past year, investors may be wondering -- can the rally keep going, or has the opportunity already passed?
Let's discuss whether Upstart stock is a buy now.
Source Fool.com
