Wall Street analysts bearish on Upstart's AI-based lending growth potential may be affected by a Federal Reserve interest rate lowering, improved conversion rates, and expanding product offerings.

Wall Street analysts bearish on Upstart, an AI-based consumer loan provider, is met by a potential for growth, owing to its sensitivity to interest rates, improved conversion rates, efficient AI-based lending model, expanded product offerings, and improving economic conditions. The Federal Reserve's expected interest rate lowering in September may boost loan demand. If Upstart returns to revenue growth and profitability, it has potential to deliver significant returns similar to 2021.

August 24, 2024
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