“Down Over 90%, Is it Finally Time to Buy This AI Stock?”
UPST has an attractive valuation (6.8x forward P/E, $58 DCF) but carries high risk from macro headwinds and potential defaults.
Appstart uses artificial intelligence to make lending decisions. This company is experiencing changes in two key factors. The first is the enthusiasm surrounding obtaining its banking license, which it expects to receive in 2027.
This is the direction in which the majority of its increasing expenses are going, which worries investors as they see the company's costs rising.