Upstart is my most contrarian position to date.
I've never come across a more misunderstood company, with a deeper asymmetry, than $UPST.
And this is coming from an early Palantir $PLTR and Rocket Lab $RKLB investor!
Stay tuned for my debut article - follow and subscribe to my Substack!
-> https://t.co/QRa3m1qCKS
@HarryKay_@MagnusSigurdss@goddreng10 Agree, #UTPI is undeniably a leading indicator - it highlighted the model tightening in 3Q25 prior to ER. But the direct relationship is not 1:1, and is evolving quickly due to loan mix, etc. So I agree - it's directionally right, but not all encompassing
I think it can be interpreted to be directionally correct; it’s impossible to be exactly right.
We also have no idea how the flux in the mix of loans is altering, among other variables.
It’s the best we have but I take a conservative, directionally-focused view, on Parth’s work.
📅 Mark Your Calendars!
Friday, June 12th • 8:30 AM PT / 11:30 AM ET • I'll sit down with @Upstart $UPST CFO Andrea Blankmeyer LIVE 🚨
Have a question you'd like to ask Andrea? Drop it below and I'll bring the best to the stage 🎙️
Watch live right here on X @HenryInvests or @Rebellionaire (X & YouTube) 🦁🦁
Upstart $UPST May Trustpilot #UTPI reviews hit 1,343, up 64.4% YoY and 19.5% MoM🛡️⚔️
May's Trustpilot Reviews per Day hit 43.3, up 64.4% YoY and 15.6% MoM, reaching a new all-time high. This comes in light of April UMI reaching 1.46, the highest level since August '26.
Upstart will publish May origination data this Wednesday (June 3), which will reconcile the relationship between Trustpilot reviews and Originations.
This can never be part of a thesis and certainly isn’t factored into mine - but Upstart is unbelievably cheap right now and it’s starting to be recognised 👀
$UPST
https://t.co/eavuwIsJOg
Quick update: not dead.
$FIG Q1 results:
→ 46% YoY revenue growth, accelerating for the 2nd straight quarter
→ Net Dollar Retention Rate increased to 139%, our highest rate in over two years
→ Raising 2026 revenue guidance for the year
Design matters more than ever.
This is exactly why I have no worries re operating expenses and balance sheet…
They’re backing what they know; not fleeing the ship.
It’s not often you see management purchase shares of any public company these days - massive news
$UPST
Really great set of results for Omada - another company I’m keenly following.
Big fan of the CEO Sean Duffy a born founder: spotted a problem, fixed it himself.
$OMDA
@OmadaHealth just reported a milestone Q1 2026 💪
Very proud of the team for:
💡 1M+ Total Members, a first in our history
💡 Revenue +42% YoY to $78M
💡 GAAP net loss narrowed to $3M; positive Adjusted EBITDA (non-GAAP) in our highest-cost quarter
💡 Margins expanded; full-year guidance raised
Our business runs on four growth levers: expanding reach, increasing enrollment, deepening engagement, and operational efficiency. We delivered against each in Q1.
We believe our new offerings with Optum Rx and Lilly's Employer Connect will help catalyze our mission.
Grateful, proud, and more motivated than ever to keep bending the curve of chronic disease.
$OMDA https://t.co/0h2BSlPtzA
I think this is more so the core anxiety of most $UPST investors at the moment: the opportunity cost given the entire AI hardware space is ballooning in the mean time.
Personally, I'm quite settled, but it depends what kind of investor you are. I never entered Upstart for short/medium term gains, though I appreciate many have been invested for a lot longer than me too!
Time will tell.
guys it's not like @paulxgu bought $3.9m of Upstart in November or anything and now has ultimate control of the destiny of the company or anything...
$UPST