《Down Over 90%, Is it Finally Time to Buy This AI Stock?》
UPST 估值具吸引力（远期市盈率 6.8 倍，DCF 估值 58 美元），但面临宏观逆风与潜在违约带来的高风险。
Appstart 利用人工智能做出贷款决策。这家公司正在经历两个关键因素的变化。第一个是围绕其获得银行牌照的热情，该公司预计将在2027年获得该牌照。其不断增加的支出大部分都投向了这个方向，这让投资者感到担忧，因为他们看到公司的成本正在上升。
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.