Upstart shares rose 6.2% after the AI lending platform reported September 2026 monthly loan origination volume of $1,378.3 million and an improvement in its proprietary credit risk metric, the Upstart Macro Index. The index reading fell to 1.49 as of October 5, 2026, down slightly from 1.50 the prior month, indicating default risk is approximately 49% above what the firm expects in a normal economy benchmarked at 1.0. September originations averaged $53.1 million across 25.95 funding days, up from $50.7 million per day in August, bringing cumulative third-quarter originations to $4,117.8 million across 79.85 funding days. The company noted the index has remained above 1.0 since early 2022 but stays well below its historical peak of 1.68 reached in 2024. Upstart is down 46.9% since the start of the year and trades at $24.33 per share, 53.9% below its 52-week high of $52.74 from October 2025.
Upstart Holdings IncUpstart Macro Index credit risk metric improved to 1.49 from 1.50, indicating better credit performance.
Yulon Finance Corp