$UPST

Upstart Holdings, Inc.

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No SEC Form 4 filings for $UPST in the last 30 days.

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Upstart (UPST) Appoints Tim Wennes to Board of Directors, Succeeding Jeff Huber

Upstart Holdings (NASDAQ:UPST) said it appointed Tim Wennes to its board effective May 28, replacing Jeff Huber, who is stepping down after five years. Upstart said Wennes has 35+ years in financial services, most recently as Santander Holdings USA president and CEO. The move follows Upstart’s Q1 2026 earnings update that 100+ banks use its AI models and 91% of marketplace loans were fully automated.

Could Upstart Stock Double in 5 Years?

Upstart (UPST) says its AI/ML platform has enabled $57 billion in loan originations since 2014. For Q1 2026 ended March 31, the company reported 44% year-over-year revenue growth, driven by 77% higher loan volumes, with 91% of loans automated; adjusted EBITDA was $40.5 million (13% margin) and management expects 21% for full-year. In 2023, revenue fell 39% and it posted a $257 million operating loss.

Could Upstart Stock Double in 5 Years?

Upstart (NASDAQ: UPST) reported Q1 2026 revenue up 44% y/y, driven by a 77% rise in loan volumes; 91% of loans were fully automated, according to the company. Adjusted EBITDA was $40.5M (13% margin), with management targeting 21% for FY. The article notes $57B in originations since 2014 and shares down 92% from late-2021.