UPST (UPST): one to watch?

Growth is real and improving, but the stock is cheap because lending is inherently cyclical and rate-sensitive, not because of a one-off fixable problem.

👀 WATCH Fundamentals58/100

Down 94% from its all-time high of $390.00 — now $23.81

Why UPST dropped

The recent drop is mostly a broad, sector-wide selloff in consumer lending names (Upstart, Affirm, SoFi all fell together) rather than company-specific bad news; Upstart actually posted a record contribution profit and returned to GAAP profitability last quarter, but macro worries about loan demand and funding keep pressuring the stock.

Fwd P/E 6.8Op margin 7.2%Rev growth 42.3%Debt/equity 258.0%Analyst upside 68.0%

How this scored 58/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Net profit margin 4.7%

✅ Generates cash Free cash flow $-132M

✅ Not drowning in debt Debt/equity 258.0% — exempt (banks run on leverage by design)

✅ Can pay its bills Exempt (financials)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 6/25

Operating margin 7.2% 3/9

Net profit margin 4.7% 2/8

Return on equity 7.9% 1/8

Growth Is it getting bigger, or dying? 25/25

Revenue growth 42.3% 9/9

Earnings growth 211.2% 8/8

Expected profit change 568.5% 8/8

Value Is it cheap right now? 19/25

Forward P/E 6.8 10/10

PEG ratio unknown 2/8

Analyst target upside 68.0% 7/7

Balance sheet Will it survive? 8/25

Debt / equity 258.0% 0/10

Current ratio 10.5 8/8

Free cash flow $-132M 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-09-28. Research only — not financial advice.