Upstart Holdings (NASDAQ: UPST) has crushed it since going public in December. The lending technology company posted its first profitable year in 2020 and built on that growth in the first quarter. Furthermore, its latest guidance calls for 150% sales growth from last year's figures. Investors have been encouraged by the fintech's blazing public debut, as well as enriched -- in the six months it's been on the public markets, Upstart's stock has sextupled, giving the company a market cap of $12.3 billion.
Given the excellent growth, Upstart has had a lot of interested buyers pushing its stock to a lofty valuation. Can it keep winning?
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Source Fool.com