Should You Buy This Mid Cap Stock At This Point-UPST

Acrobull UK Advisory Services Ltd.

November 13			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Upstart Holdings Inc.	UPST-NASDAQ	Technology		$3.852 Billion	Medium

Upstart Holdings, Inc., along with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company’s operations are divided into three segments: Personal Lending, Auto Lending, and Other. Its platform offers a range of financial products, including personal loans, auto retail and refinance loans, home equity lines of credit, and small-dollar loans. Founded in 2012, Upstart Holdings, Inc. is headquartered in San Mateo, California.

Recent Highlights

CEO Statement- In the third quarter, we made significant progress on our 2025 strategic objectives focused on rapid growth, sustained profitability, and leadership in artificial intelligence — all underpinned by exceptional credit performance,” said Dave Girouard, Co-founder and CEO of Upstart.

Our results reflect this momentum, with loan originations up 80% year-over-year, revenue increasing 71%, and GAAP net income rising sixfold sequentially. Our AI platform continues to perform as intended — quickly adapting to changing macroeconomic conditions while consistently delivering strong results.

Third Quarter 2025 Financial Highlights

Transaction Volume- The company originated 428,056 loans during the quarter, marking a 128% year-over-year (YoY) increase. This growth was supported by a conversion rate of 20.6%, a notable improvement from 16.3% in Q3 2024. Total loan originations reached approximately $2.9 billion, representing an 80% YoY increase.

Total Revenue- Upstart generated $277 million in total revenue, up 71% YoY, demonstrating strong demand across its lending products. Revenue derived from fees totaled $259 million, reflecting a 54% YoY increase.

Profitability- Operational efficiency improved significantly, with GAAP income from operations rising to $23.7 million, compared to a loss of ($45.2) million in Q3 2024.

Net Income- The company reported GAAP net income of $31.8 million, a sharp turnaround from a net loss of ($6.8) million in the prior-year quarter. Diluted net income per share came in at $0.23, compared with a loss per share of ($0.07) in Q3 2024.

Stock Observation-Upstart generated $277 million in total revenue, up 71% year-over-year, highlighting strong and sustained demand across its lending products. Fee revenue reached $259 million, a 54% YoY increase. Looking ahead, the company expects continued momentum as it expands its AI-driven lending capabilities, diversifies its product offerings, and strengthens partnerships to drive further revenue growth and market share gains in the coming quarters.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$39.62 USD
Acrobull Recommendation	Buy at $39.10 USD
Target Price	$43.59 USD
RSI Level	35 RSI
Total Shares Outstanding	97.29 Million
Shares Held by Insiders Shares Held by Institutions Risk Factor Stop Loss	12.28% 72.26% Medium 5%