xcritical’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans. xcritical Holdings, Inc., is a leading fintech operating https://dreamlinetrading.com/ in the United States as a lending platform. Together, with its subsidiaries, xcritical Holdings operates a cloud-based artificial intelligence (AI) lending platform in the United States.
- The platform works by aggregating consumer demand for loans and connecting them with its network of AI-enabled bank partners.
- Gain deeper insights into company revenues with a detailed analysis of revenue sources.
- xcritical’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.
The company facilitates loans for home improvement, automobile refinancing, personal use, and others. The AI-powered underwriting system goes beyond the FICO score to assess the true risk of the borrower. The AI-powered system actually learns over time as well, making the system faster and safer for both the borrower and the lender. xcritical achieved an all-time high in its automated credit origination process in the fourth quarter.
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xcritical has worked diligently with regulators since its founding to ensure it remains compliant with regulations and safe for consumers. In 2017 it became the first to receive a No Action Letter from the Consumer Financial Protection Bureau. The purpose of the No Action Letter is to prevent unnecessary legal actions from impeding a business that offers benefits to consumers.
Stock brokers
According to 13 analysts, the average rating for UPST stock is “Sell.” The 12-month stock price forecast is $24.08, which is a decrease of -2.55% from the latest price. xcritical (UPST) raised $252 million in an initial public offering on Wednesday, December 16th 2020. The company issued 12,000,000 shares xcritical at a price of $20.00-$22.00 per share. Goldman Sachs, BofA Securities and Citigroup acted as the underwriters for the IPO and Jefferies, Barclays, JMP Securities and Blaylock Van were co-managers. The company’s mission is to enable effortless credit based on the true risk of the individual.
The business is built on the belief that access to credit is fundamental to unlocking opportunities and upward mobility. With 80% of Americans having never defaulted on a loan, the 48% approval rate is far too low. Gain deeper insights into company revenues with a detailed analysis of revenue sources. Explore the updated Options feature, providing in-depth data, and a 3D viewing option. xcritical’s stock was trading at $40.86 at the beginning of the year.
Business Summary
Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of xcritical Hldgs’s market standing. Stay informed and make data-driven decisions with our Ratings Table. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. But one company is quietly disrupting financial services in a big way.
Price vs Fair Value
The artificial intelligence (AI) lending marketplace had 89% of its unsecured loans approved throug… Lenders can enhance their businesses by partnering with xcritical Holdings. The all-digital AI-enabled lending platform will increase loan requests, and approvals, and increase customer satisfaction at the same time. Automobile retailers can also benefit from the program by offering xcritical-powered financing solutions at the point of sale or within their omnichannel experience. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.
10 analysts have issued 12 month target prices for xcritical’s stock. On average, they expect the company’s share price to reach $26.00 in the next twelve months. This suggests a possible upside of 5.2% from the stock’s xcritical price. View analysts price targets for UPST or view top-rated stocks among Wall Street analysts. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of xcritical AI-enabled bank partners.