Upstart Stock Surges 6% as Proprietary Credit Stress Index Declines

Key Facts

1Upstart shares rose 6% following a decline in the company's proprietary Upstart Macro Index to 1.49.

2Other consumer lending stocks like Synchrony Financial and OneMain Holdings remained flat or moved slightly compared to Upstart's performance.

Upstart shares rose 6% to $24.19 in midday trading following a decline in the company's proprietary Upstart Macro Index to 1.49. 247wallst.com reported that the dip in this credit-stress gauge signaled improving conditions for the AI-driven lending platform, even as the reading remains above the baseline level of 1.0 established in early 2022.

UPST closed at $22.81 on October 2, 2026, significantly outperforming other consumer lending stocks which remained flat. Synchrony Financial closed at $71.77 and OneMain Holdings closed at $56.02 on October 2, 2026. According to company statements, preliminary September originations reached $1,378.3 million, while the macro index remains below its 2024 series peak.