Out Fox The $treet

Upstart Holdings, Inc. experienced a disappointing quarter, with AI model errors and analyst mistakes contributing to weak results and a significant stock decline. The AI lending platform misinterpreted macroeconomic signals, reducing loan approvals and missing revenue estimates despite strong demand and industry peers performing well. UPST stock now trades at a low valuation, around 4x 2026 sales and 16x 2026 EPS targets, making it attractive for value-oriented investors despite execution concerns. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Despite a good market,  Upstart Holdings, Inc.  ( UPST ) had a very disappointing quarter. The AI lending platform trades at the lows as the company was both hit by an analyst error and internal  mistakes. My  investment thesis  is Bullish on the the stock due to falling over 50% in the last few months, not necessari...

Update - Nov. 11, 2025 At the recent Investor Day, LendingClub outlined a medium term path to boost total loan originations to ~$20 billion. The fintech would finally top the prior peak levels and double current originations.  The stock is cheap at 12x '26 EPS targets. LendingClub has the opportunity to push financials and the stock if far higher levels. The biggest concern is that the company doesn't move fast enough.  Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Original article posted on Oct. 27 LendingClub delivered another strong quarter, beating Q3'25 estimates and driving shares to multi-year highs. LC's loan originations remain below bullish expectations, but a $1 billion BlackRock financing deal and higher marketing spend could drive future growth. The stock now trades at 1.5x tangible book value, but LendingClub is still cheap at only 12x 2026 EPS targets tha...

  Rivian Automotive is poised for major growth with the upcoming R2 SUV launch, targeting a broader, more affordable EV market segment. RIVN's strong Q3 results, robust technology initiatives, and partnerships with Volkswagen and Mind Robotics highlight its evolution into a tech-driven EV leader. The company has ample liquidity, ambitious production expansion plans, and trades at a significant valuation discount to peers like Tesla and Lucid. With the R2 launch and upcoming Autonomous & AI Day as catalysts, RIVN is a compelling buy on any weakness before its next growth phase. Rivian Automotive, Inc.  ( RIVN ) is making huge progress towards launching the R2 SUV, vastly broadening the market opportunity. The new vehicle allows the EV manufacturer to enter mainstream auto with a list price below  the current average selling prices. My  investment thesis  remains ultra-Bullish with the launch of the R2 and other tech. Initiatives reinvigorating the growth stor...

 Update - Nov. 5, 2025 Perplexity AI deal completely changes the investment story when combined with subscriptions. The AHs trade at $9 is just the start of the AI rally.  -Starting in early 2026, Perplexity will appear in the chat interface for Snapchat users around the world, the companies said. -Perplexity will pay Snap $400M over one year, through a combination of cash and equity, as the company rolls the service out globally. Snap expects revenue from the partnership to begin contributing in 2026. Original article posted on Aug. 8 Snap's post-earnings slump is overdone; the market is ignoring strong subscription growth and undervaluing future revenue streams. The social messaging subscription business is gaining traction, with nearly 16 million subscribers and new higher-priced tiers like Lens+ and Platinum boosting potential revenue. Despite weak ad growth, Snap's Q3 guidance beats consensus, and the stock trades at a deep discount compared to peers like Pinterest and Re...

  Roku is positioned for strong growth, turning $100 into a solid support level after robust Q3'25 results. ROKU's platform revenues surged 17%, outpacing user engagement growth, with monetization initiatives expected to drive higher ARPU and revenue. The streaming platform is accelerating profits, with EBITDA nearly doubling by 2027 and a substantial cash hoard supporting share repurchases and future investments. Investors should view any pullback to $100 as a buying opportunity, given ROKU's multi-year growth trajectory and innovative monetization strategies. Roku, Inc.  ( ROKU ) traded at $100 heading into earnings, and the stock appeared doomed to another selloff. The market appeared disappointed with the guidance for the current quarter, but the company highlighted strong growth driver turning the  resistance at $100 into strong support going forward. My  investment thesis  remains ultra Bullish on Roku, with the streaming platform continuing to drive stron...

Update - Oct. 30, 2025  Roblox reported massive Q3'25 growth with bookings up 70% to $1.9 billion. The stock is down roughly 10% with the market lost focusing on GAAP revenue and net loss metrics, which don't fully incorporate billings.  Q3 Net loss of $257M Revenue of $1.4B (+23.9% Y/Y)  misses by $300M . Bookings up 70% Y/Y to $1.9B Average Daily Active Users 151.5M (+70% Y/Y) The mobile gaming platform reported bookings grew nearly $500 million above the record levels in Q2. The market cap has dipped to $82 billion and the company is likely to see 2026 bookings estimates reach $8+ billion next year, so the stock trades at ~10x forward bookings.  Roblox isn't historically cheap, but this level of bookings growth will warrant higher valuation multiples.  Original article posted on Sept. 9  Roblox remains a top growth story, but the stock is now priced for perfection after a major run. The immersive gaming platform faces more child safety lawsuits and ...