Upstart stock dropped 20% post-earnings despite exceeding expectations and raising guidance. With strong growth potential, it’s worth considering now. Loan origination volume grew by 154% to $2.8 billion in Q2, revenue doubled, and the company posted its first GAAP profit in years. Conversion rates and loan volumes increased, but more loans on the balance sheet pose risks. Upstart’s core personal loan business has room to grow, especially with $1.2 trillion in credit card debt. Auto and home loan verticals show promise, with home loan originations up 67% sequentially. Despite impressive growth, these segments make up less than 7% of Upstart’s business. Upstart isn’t cheap, trading at over 9 times sales, but a stellar earnings report and new verticals show potential. Consider the Motley Fool’s top 10 stock picks for better alternatives.

Read more at Yahoo Finance: Upstart Stock Dropped After Earnings — Could It Be a Screaming Bargain Right Now?