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Where Will Upstart Stock Be in 1 Year?


Upstart (NASDAQ: UPST) has been a tough stock to hold over the past three years. The online lending marketplace went public at $20 in December 2020, and its stock hit an all-time high of $390 the following October before dropping back to about $26.

The bulls initially rushed to Upstart as it grew like a weed in a low interest rate environment, but they retreated as rising interest rates throttled its lending activity. Will this volatile stock slip lower or head higher over the next 12 months?

Image source: Getty Images.

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Source Fool.com

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