Upstart is trading at $22.18 (-4.43%) as investors may still be weighing its reduced 2026 outlook.

  • On November 5, management lowered 2026 total revenue guidance to $1.35 billion from $1.40 billion and adjusted EBITDA guidance to $260 million from $294 million.
  • Reports linked the cautious outlook to weaker consumer-credit conditions and higher funding costs.
  • The prior session closed up 9.41%; available information does not confirm a separate November 5 company announcement or quantify trading volume.