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Leading today’s Green Deals is a rare discount on Tesla’s Universal and Standard Wall Connector EV charging stations to new low prices, starting from $420. Anker’s early fall Prime Day sale has also returned its new C300 90,000mAh Power Stations to their lowest rates for the first time since launching, starting from $150. Next, Juiced has dropped its latest JetCurrent Pro Foldable e-bike down to $2,099, while Hiboy’s EX6 Step-Thru Fat Tire e-bike is back at its $800 low. We also have another EcoFlow flash sale that is offering the lowest prices we’ve tracked on bundles for the DELTA Pro and RIVER 2 Pro power stations that will only last through the rest of the day, and bringing up the rear is Goal Zero’s Alta 80 Portable Electric Fridge and Freezer at a new low price too. Plus, all the other hangover Green Deals in the links at the bottom of the page, like yesterday’s $975 discount on the Segway x260 Electric Dirt Bike, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Tesla universal and standard Wall Connector EV charging stations see rare discount to new lows from $420

Coming to us directly from its official Amazon storefront, Tesla is offering a rare and significant price cut on its Wall Connector EV chargers, with the Universal model down at $550 shipped. Originally carrying a $620 price tag, it permanently fell to $580 back in May and has mainly been kept at that price, while some third-party retailers have offered it at $5 to $10 cheaper occasionally. Today though, you’re looking at the best rate we have tracked to date, as an additional $30 is shaved off the tag here, giving you a rarely occurring drop to a new all-time low price.

It’s not every day that we get this kind of deal on Tesla devices, especially its charging stations, and this Universal Wall Connector delivers a customizable output of up to 48A charging speeds for you to install at your home (or any other space you may frequent), either indoors or outdoors for a completed EV setup. When you install it and set it to its maximum amperage, you’ll be getting upward of 44 miles of travel for each hour that you keep it plugged in, and it utilizes a J1772 adapter to provide recharges to non-Tesla vehicles too. By connecting it to your local Wi-Fi network, you’ll ensure that it can keep itself updated with the latest firmware, which you can also manually control through the Tesla app.

If you’re a Tesla-only household and aren’t concerned with having universal compatibility, you’ll also find Tesla’s standard wall connector at $420, down from $450. Other than the missing J1772 adapter, you’ll be getting the same performance out of this charging station as its above counterpart.

Tesla Universal Wall Connector

Anker’s new SOLIX C300 90,000mAh portable power stations return to lowest prices for first time from $150

Anker is offering a second chance to score either of its new C300 90,000mAh Portable Power Stations at their lowest rates since launching, with the DC model at $149.99 shipped, and the AC model at $189.99 shipped, which is also matched at Amazonafter clipping the on-page $60 off coupon. Down from their $200 and $250 price tags, We’ve only seen these prices once before during the week-long early bird specials back at the tail-end of August. Since then we’ve seen a few discounts, mainly from Amazon, with the lowest price cut keeping $10 above these low prices. Today you can score them again at their all-time lowest prices while Anker’s ongoing early fall Prime Day sale continues through October 9.

Anker’s SOLIX C300 AC model delivers a 90,000mAh capacity to cover your on-the-go charging needs while also running smaller appliances with a 600W max power output. There are three included AC ports on this model, as opposed to its counterpart DC model that mainly focuses on USB needs, with three USB-C ports, a single USB-A port, and a 120W auxiliary/car port. Unlike the DC model, this one doesn’t offer dual-recharging capabilities but does reach similar speeds when plugged into a standard wall outlet, along with solar charging options. It’s a bit easier to carry thanks to the integrated handle on top, and includes a light bar above the display screen for nighttime support, especially great for when you’re in the dark at a campsite.

The SOLIX C300 DC model offers boosted self-recharging speeds with its two bidirectional 140W USB-C ports being used together to hit 280W. Sharing most of the other qualities with its above sibling, it offers a 120W auxiliary/car port, two USB-A ports, and four USB-C ports – two of which are 140W ports, one being a 100W port, and the last one hitting 15W. It also sports a pop-up LED light in place of the carrying handle with multiple brightness levels. If you’re instead still wanting something smaller, I recommend checking out the PowerCore Reserve 60,000mAh predecessor that is currently sitting at $120.

Juiced JetCurrent Pro Foldable e-bike drops to $2,099

Juiced Bikes has dropped the price on its latest JetCurrent Pro Foldable e-bike to $2,099 shipped. Down from its $2,799 price tag, we’ve mainly been seeing this model keep down around $2,299 regularly, with occasional sales taking costs lower for short periods. In August, we saw it $1,954 during a similar weekend sitewide sale, with a “blink-and-you-missed-it” short-term fall to the $1,889 low recently. You’re still looking at a solid $700 markdown that gives you a chance to climb aboard at the third-lowest price that we have tracked.

Juiced’s latest entry into the EV market, the JetCurrent Pro Foldable e-bike, arrives sporting the first of the brand’s folding frames to better help riders save space when not aboard the saddle. Alongside this new feature, it also happens to be the brand’s fastest model released, as the supercharged 1,200W NeoBlade motor (peaking at 2,000W), along with the 52V battery and five levels of pedal assistance, propel the bike up to 34 MPH top speeds and provide a longer 70-mile travel distance. To better support riders, its been given joint torque and cadence sensors to reduce lag time between the system’s pick up, with a throttle included for pure electric action too. There’s an active cruise control feature here to keep speeds under 20 MPH and conserve travel distance, or you can take the opposite approach with its race track mode that turns off its electronic limits to race around at its fastest settings.

Things don’t stop there either, as its been given a 1,050-lumen Shadowblaster headlight for increased visibility at night, as well as 4-inch fat tires with fenders over each, 4-piston hydraulic disc brakes, turn signal functionality on both the front and rear sections, and a separate brake light too. In terms of add-on gear, there’s also the rear cargo rack, a folding mirror, an “automotive grade horn,” a backlit LCD display with a USB port to charge your phone – plus, it even has a security alarm with a wireless remote for your peace of mind.

Tesla Universal Wall Connector

EcoFlow flash sale saves you up to $1,800 on DELTA Pro and RIVER 2 Pro power station bundles from $599 lows

EcoFlow has launched the next of its 24-hour flash sales from its ongoing Early Prime Big Deal Days sale, with two power station bundles benefitting from up to $1,800 off discounts for the rest of the day. The biggest of savings is coming from the brand’s official Amazon storefront on its DELTA Pro Portable Power Station that comes with a 400W solar panel for $2,399 shippedafter clipping the on-page $1,600 coupon. Normally this package would cost you $4,199, but you’re looking at a combined 43% markdown while the flash sale continues which ultimately saves you $1,800 and gives you the best rate we have tracked to date – beating out July’s previous low by $200.

One of EcoFlow’s larger backup power units on the market, the DELTA Pro station brings you a 3,600Wh capacity that can be further expanded up to 10kWh when paired with multiple dedicated smart extra batteries, or even more to its 25kWh max with additional extra batteries and power stations all linked together. It provides up to 3,600W of steady power output that can grow to 7,200W while surging, with plenty of output ports to ensure devices and appliances remain running – five AC ports, four USB-A ports, two USB-C ports, two DC ports, and a car port. Recharging is fairly quick too, as the station can regain its entire capacity in 1.8 hours connected to a wall outlet, or you can use up to 1,600W of solar input to get a full battery in 2.8 hours.

The second bundle in the sale is on the RIVER 2 Pro Portable Power Station that comes with a 160W solar panel for a return $599 low, down from $1,048. This smaller model sports a 768Wh capacity and a power output of 1,600W thanks to its X-boost tech that allows it to “run 80% of home appliances.” Last minute trips won’t be such a worry with this unit as a wall outlet can fully recharge its battery in just 70 minutes, with additional charging options through solar (220W max), USB-C, or the car port. There’s also the four AC ports, three USB-A ports, and only one of the USB-C ports to connect your devices and appliances to.

Don’t miss out on all the great discounts that EcoFlow’s Prime Deal Days sale is offering until October 7, which you can look through in full here on this landing page.

Hiboy

Hiboy’s EX6 step-thru fat-tire e-bike carries you for up to 70 miles at return $800 low

Best Buy is offering the Hiboy EX6 Step-Thru Fat-Tire e-bike for $799.99 shipped. Normally priced at $1,580 most days, this is the first discount we’ve seen on this model come from Best Buy, after the retailer recently added a whole new array of EV brands to its marketplace in the last few weeks. We’ve only seen this same price show up twice in 2024, first in March over at Amazon, with Hiboy directly lowering costs back in mid-July. Today, you can add this affordable commuter to your garage at a 49% markdown that gives you $780 in savings and lands it at the return all-time lowest price we have tracked – even beating out Hiboy’s current sale that has it discounted to $900.

Whether you’re new to the world of e-bikes or an experienced rider, Hiboy’s EX6 Step-Thru e-bike arrives stocked and ready to support you from where you are to where you need to be – all at a significantly affordable rate too. It’s been given a 500W brushless geared motor and a removable 48V waterproof battery that hits top speeds of 25 MPH while travelling for up to 75 miles (depending on your selected riding mode).

There are three here to balance out needs, with a pedal assist mode for the best mileage benefits, a pure electric mode that does all the work for you, but does cut its travel distance to 41 miles, and a bicycle mode for when you want to get some cardio in. It’s been designed to be ergonomically comfortable for you throughout your entire journey, with additional features that include dual disc brakes, a bright headlight, a 7-speed Shimano derailleur, 20-inch all-terrain fat tires with fenders over each, a hydraulic suspension fork, a rear cargo rack, and an LCD display.

goal zero

Goal Zero’s 78L Alta 80 dual-zone portable electric fridge/freezer drops to new $700 low

Coming to us through its official Amazon storefront, Goal Zero is offering its Alta 80 Portable Fridge and Freezer for $699.97 shippedafter clipping the on-page 30% off coupon. It has spent most of 2024 sitting at its full $1,000 price tag, with only a few amount of discounts taking costs down lower, primarily to $800, while we did spot one fall to $750 during Memorial Day sales. We haven’t seen the price budge for the last three months, but today that trend is being upset by this $300 markdown that takes it further than ever before to carve out a new all-time low price.

While many might consider summer the camping season, there are plenty of folks prepping and gearing up to enjoy nature during the autumn season, and this portable fridge and freezer is a great addition for folks who are taking along a Goal Zero power station for any situation – even for worksite jobs too. Unlike its smaller Alta 50 counterpart, which can switch between refrigerating and freezing your perishables, this larger model sports dual zones to keep both functions running simultaneously. Its massive 78L capacity outsizes most competitor models on the market and holds up to 130 12-ounce cans at once, making it an ideal addition to larger family travel plans. It doesn’t have its own battery, but it does have a cable to connect your Yeti power station for power, and depending on which model you’re connecting, you’ll be able to get up to 12+ days of runtime.

Fall e-bike deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Anker SOLIX power stations up to 55% off, EcoFlow WAVE 3 AC and GLACIER coolers from $807, Greenworks, EGO batteries, more

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Anker SOLIX power stations up to 55% off, EcoFlow WAVE 3 AC and GLACIER coolers from 7, Greenworks, EGO batteries, more

Today’s Green Deals is jam-packed with amazing deals, starting with Anker’s SOLIX Mother’s Day Sale that is taking up to 55% off another massive lineup of power station offers, complete with limited flash sales and some free gear on select purchases – all starting from $70. We’re also looking back in on EcoFlow’s Spring-to-Summer Sale to spotlight the launch deals we’re seeing on the brand’s new WAVE 3 Portable AC/Heater and the multiple sizes of GLACIER Classic Electric Coolers that are getting bonus savings and start from $807. We also spotted three of Greenworks’ cordless electric riding mowers (CrossoverT, CrossoverZ, and MaximusZ) getting up to $1,000 taken off their tags, as well as EGO’s 56V 2.5Ah and 5.0Ah batteries starting from $110. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s latest EcoFlow sale offers, the new low prices on Lectric’s XP 3.0 e-bikes, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Save up to 55% on a massive lineup of power station deals during Anker’s SOLIX Mother’s Day sale starting from $70

Anker has launched its Mother’s Day sale running through May 11, with up to 55% being taken off its massive lineup of power stations and solar generators, as well as some multi-day flash sale offers and extra savings in the form of free gear on select purchases. A notable inclusion for campers is the brand’s F2000 Portable Solar Generator bundle that comes along with a 400W solar panel for $1,599 shipped, and also matching in price over at Amazon. Coming down off its usual $2,898 price tag, we’ve seen discounts in 2025 mostly dropping costs between $1,899 and $1,599, with today’s deal only beaten out by the discount from Christmas sales that dropped things $100 lower. You’re looking at the best price we’ve otherwise tracked, which saves you $1,299 while also equipping you with a reliable means of backup power for trips and emergencies.

As mentioned before, there are some benefits you can take advantage of during this event, with three different gift offers accompanying select purchases. When you buy a C1000 and EverFrost 2 40L bundle, you’ll get a free Tritan water bottle, while any of the C300 bundles come along with a free car charging cable, and purchases of either the F3800 or F3800 Plus score you a free protective cover.

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A solid mid-tier option for keeping devices and appliances running, Anker’s SOLIX F2000 power station provides a 2,048Wh LiFePO4 capacity that can deliver up to 2,400W of output on average with the ability to surge to 3,600W for larger appliance needs. Its 12 output ports give you a versatile range of coverage, including a TT-30 port to connect to your RV while out on the road and beyond. You can regain 80% of its battery in 1.4 hours by plugging it into a standard wall outlet, with it also boasting a 1,000W max solar input that would yield the same amount in 2.5 hours (and a little over 5 hours for the included 400W panel). There’s also the option to connect it to your car’s auxiliary port, as well as the usual array of smart controls available through its companion app.

Anker SOLIX Mother’s Day Sale flash offers (ending May 2):

Anker Mother’s Day Sale SOLIX F2000 deals:

Anker Mother’s Day Sale SOLIX C1000 deals:

Anker Mother’s Day Sale SOLIX C800 deals:

Anker Mother’s Day Sale SOLIX C200 & C300 deals:

Standard F3800 power station/solar generator offers:

Standard F3800 home backup bundles:

F3800 Plus power station/solar generator offers:

F3800 Plus home backup bundles:

Anker Mother’s Day Sale SOLIX accessory deals:

You can browse the entire lineup of Anker’s SOLIX Mother’s Day sale on the landing page here.

EcoFlow WAVE 3 AC/Heater

EcoFlow launches WAVE 3 AC/Heater and GLACIER Classic electric coolers at up to 49% off starting from $807

EcoFlow has launched its newest portable AC/heater and electric cooler units, which are joining the lineup of power station deals we’re seeing as part of the brand’s Spring-to-Summer Sale, but will be outlasting the sale through May 25 – plus, there’s even bonus savings and free gear to be had! Things start at the base WAVE 3 Portable Air Conditioner and Heater for $806.55 shippedafter using the promo code EFWGAFF5 at checkout for an additional 5% off. This new unit will carry a $1,299 price tag once the launch savings have ended, with the combined 38% markdown we’re seeing striking $492 off the going rate to set the bar for discounts down the road. Head below to learn more about this new device and check out its many bundle deals that we’ve collected together for you.

As a bonus, you’ll also be getting some free gear along with both the AC and the cooler, with the WAVE 3 coming along with a free 110W solar panel while the GLACIER coolers are getting a free Power Hat. These offers are only slated to continue through May 2, however, with the extra savings code lasting through May 25.

EcoFlow’s WAVE 3 provides similar performance to its previous-generation model, but with some notable upgrades, like the space coverage from the previous 108 square feet to 120 to 180 square feet. Whether you’re looking to utilize it for camping in a tent, car, RV, or other enclosed space, it’s 1,800W cooling output (6,100 BTU power) is claimed by the brand to drop temperatures by 15 degrees in 15 minutes, with the 2,000W heating output (6,800 BTU power) providing a similar speed of warming a space by 17 degrees in 15 minutes. It comes with an expanded list of smart controls through its companion app, with new features like the PetCare mode that automatically starts cooling once temperatures reach 77 degrees to protect your fur-babies from heatstroke, while also sending you notifications. There are also notifications for when its water drain needs attention, as well as offering a dehumidification mode and a sleep mode that drops operating noise to 44dB so you can sleep while it runs.

Like its predecessor, the standalone WAVE 3 can be powered by simply plugging it into an outlet or power station, or you can get up to 8 hours of wireless action with its add-on LiFePO4 battery (bundles below). Of course, once its battery is attached, there are some alternative ways to keep it juiced up and going, like utilizing up to its 400W max solar input to refill the battery in up to 3 hours, which can also be split between solar and an AC outlet to cut that time to 75 minutes. You can also connect it to your car with the brand’s 800W alternator, charging to regain a full battery after a little more than one hour of charging, while connecting it to your car’s auxiliary port takes longer, at 10 hours.

***Note: The 5% promo coupon has not been factored into the prices below; make sure to enter the code EFWGAFF5 at checkout to score the maximum savings where applicable!

EcoFlow’s WAVE 3 AC/Heater bundles:

EcoFlow GLACIER CLASSIC deals:

Be sure to also check out EcoFlow’s full Spring-to-Summer Sale power station lineup, which are getting up to 52% discounts on top of bonus savings in the form of an alternate sitewide 5% off code – with these deals only lasting through May 7.

Greenworks 60V CrossoverZ 42-inch Cordless Zero Turn Riding Lawn Mower

Cover up to 1.5 acres on Greenworks’ 60V CrossoverZ zero turn cordless electric riding mower at $3,800

Amazon is offering the Greenworks CrossoverZ 60V 42-inch Zero Turn Cordless Electric Riding Mower with four 8.0Ah batteries and two dual-port chargers for $3,799.99 shipped, and also matching the price directly from the brand’s website. Normally fetching $4,800 when it’s not on sale, discounts have been more stagnant than we saw last year, with it spending most of the time since October keeping to its full price and occasionally dropping down to $3,800 at best. Today’s deal is no different as the 21% markdown here cuts $1,000 off the tag and returns costs to the best price we’ve tracked since fall Prime Day. Head below to learn more and check out the other riding mowers seeing discounts.

One of Greenworks’ most highly-rated lawn care solutions, you’ll get a fully comprehensive mowing experience aboard the CrossoverZ, with this 60V package able to tackle up to 1.5 acres on a single charge of the included batteries. It’s been given a TRUBRUSHLESS motor housed within a 42-inch reinforced 12-gauge steel cutting deck, providing the equivalent output of a 24-horsepower gas motor that can easily handle inclines up to 15 degrees. The whole thing comes with an IPX4 waterproof design, ensuring it can handle sudden weather shifts when you’re in the middle of a job.

You’ll sit comfortably with the high-back padded seat that supports your back, all while the mower gets your lawn to desired heights ranging from 1-1/2 inches to 4-1/2 inches. This deal includes two dual-port turbo chargers which can have batteries refilled and ready to go in just 90 minutes. A quick tip from the brand – you can use two batteries to run the mower while charging the other two simultaneously, and switching them out when needed for more continuous mowing. If you have any additional 60V batteries from the brand, you’ll also have to option to throw them into the mix for extended performance too.

Other Greenworks riding mower discounts:

  • CrossoverT Pro 80V 42-inch Electric Lawn Tractor: $3,999 (Reg. $4,500)
    • Comes with four 5.0Ah batteries and plug-in charger
  • CrossoverZ 80V 42-inch Zero Turn Mower: $3,999 (Reg. $5,000)
    • Comes with four 5.0Ah batteries and plug-in charger
  • MaximusZ 80V 60-inch Zero Turn Mower: $7,500 (Reg. $8,500)
    • Comes with two 16.0Ah batteries, four 8.0Ah batteries, and wall charger
EGO 56V 2.5Ah ARC battery

Stock up on EGO 2.5Ah and 5.0Ah batteries for your lawn care arsenal while they’re up to $80 off starting from $110

EGO Power+ fans are getting a great opportunity to build up their battery collection as Amazon is now offering significant discounts on two varying sizes of batteries, starting with the brand’s 56V 2.5Ah ARC Battery at $109.99 shipped. Normally carrying a $180 price tag, it’s been more recently seen with discounts that keep it bouncing between $160 and $130. This is the second time we’re seeing it drop this low in 2025, with the $70 markdown here only beaten out by its $99 low that we haven’t seen for some time.

EGO is one of the most popular electric tool brands on the market, especially for lawn care needs. Its 56V ARC batteries are well known as interchangeable models between its ecosystem of equipment, which allows you to power most of its tools all with the same batteries. While the 2.5Ah batteries are the smallest of them, it still provides plenty of power to tackle many jobs around homes, with it even sporting a fuel gauge indicator light to keep you aware of its remaining battery level as you work. Right now, you can also find its larger 5.0Ah counterpart coming with a charger discounted at Amazon for $249.31 shipped, down from $329.

Best Spring EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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BYD just broke a record for premium EV deliveries in this booming market

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BYD just broke a record for premium EV deliveries in this booming market

BYD secured a new record for the most premium EV deliveries in a single day in India. After launching its new midsize electric SUV, the Sealion 7, BYD has officially entered the India Book of Records.

BYD sets new record for premium EV deliveries in India

Less than a month after opening orders for the new Sealion 7 in January, BYD India announced the new electric SUV had secured over 1,000 bookings.

Now, it’s officially in the India Book of Records. EVM Southcoast BYD delivered the highest number of premium EVs in a single day after handing over 51 Sealion 7 models.

The Sealion 7 is available in two versions: Premium and Performance, with all-wheel drive (AWD) and rear-wheel drive (RWD) options. The entry-level Premium model starts at ₹48.9 lakh ($57,500), while the Performance variant costs ₹54.9 lakh ($64,500).

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Powered by an 82.56 kWh BYD Blade battery, the Performance variant offers up to 542 km (337 miles) driving range while the Premium model can travel up to 567 km (352 miles) on a single charge (NEDC).

BYD-record-premium-EV-deliveries
BYD Sealion 7 delivery event in India (Source: BYD)

The Sealion 7 is 4,830 mm long, with a wheelbase of 2,930 mm, which is about the same size as the new Tesla Model Y, at 4,790 mm in length.

Designed by Wolfgang Egger, a former Lamborghini and Audi designer, the electric SUV features sleek character lines and an aerodynamic profile.

Inside, the Sealion 7 features a 15.6″ rotating touchscreen at the center of a minimalistic setup. Other interior highlights include a heads-up display, panoramic sunroof, premium Nappa leather seats, and an immersive audio system.

Variant Driving Range
(NEDC)
Starting Price
BYD Sealion 7 Premium 542 km (337 miles) ₹48.9 lakh ($57,500)
BYD Sealion 7 Performance 567 km (352 miles) ₹54.9 lakh ($64,500)
BYD Sealion 7 driving range and price by trim in India (Source: BYD)

BYD said the accomplishment “isn’t just a delivery milestone” but a “bold step toward a cleaner, greener, and more sustainable India.”

Electrek’s Take

The Sealion 7 joins a growing number of vehicles BYD sells in India, including the Seal sedan, Atto 3 SUV, and eMAX 7.

Nearly 100,000 electric vehicles were sold in India last year, up 20% from the 82,688 sold in 2023. However, with new models arriving from Maruti Suzuki, Hyundai, BYD, and others, analysts expect significant growth in 2025.

According to S&P Global Mobility, EV production in India is expected to surge 140% to around 301,400 units. That’s about 6% of the roughly 5.16 million vehicles expected to be made in India this year.

And India is just one market BYD is rapidly expanding in. After overseas vehicle sales doubled in the first three months of 2025, BYD’s growth is poised to accelerate this year. BYD’s sales in Europe are expected to double in 2025, while other regions, such as Southeast Asia and Central and South America, are likely to see higher sales with the introduction of new models and the start of local production.

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Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades

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Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades

Jared Isaacman, CEO of Shift4 Payments, at the New York Stock Exchange on June 3, 2021.

Source: NYSE

Fintech stocks were in focus Tuesday as fresh earnings reports and analyst notes drove sharp reactions across the sector.

Shift4 Payments and Upstart Holdings surged following upbeat news, while PayPal shares were slightly higher despite delivering a strong earnings beat.

Shift4 shares rose more than 10% after the company reported better-than-expected first-quarter results and raised its full-year guidance.

Shift4 reported adjusted earnings of $1.07 per share, above the LSEG expectation of 71 cents per share. Sales in the first quarter of $848 million were below the consensus estimate of $868 million.

The payments firm, which has been pushing into new verticals such as stadiums, gaming and travel, projected adjusted EBITDA of $853 million for 2025, up from $843 million. End-to-end payment volume hit $45 billion for the quarter, topping StreetAccount’s consensus estimate of $43 billion.

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Shift4 Payments one day stock chart

Upstart Holdings rallied after Bank of America upgraded the stock to neutral from underperform, setting a $53 price target. The firm cited a more balanced risk-reward outlook, supported by improving business fundamentals and a more reasonable valuation, following a 45% decline in Upstart shares since mid-February.

Analysts pointed to encouraging signs of recovery, particularly Upstart’s increasingly diversified loan portfolio, which is expected to provide more stable volumes. Over the past 18 months, Upstart has added prime loans, HELOCs, small-dollar loans, and has enhanced its auto loan product, expanding its addressable market beyond subprime borrowers and reducing its reliance on riskier credit segments.

Shares of Upstart have traded sharply higher after each of the last three earnings reports, as improvements in funding and loan volumes have boosted investor confidence. Still, nearly 28% of Upstart’s shares are currently shorted, according to Bloomberg.

Upstart reports first-quarter earnings on May 6 with an artificial intelligence-focused Investor Day scheduled for May 14.

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PayPal, meanwhile, delivered a mixed headline quarter. Shares were 1.5% higher after reporting an earnings beat and revenue that fell slightly short of the Street’s estimate.

One bright spot was Venmo, as revenue rose 20% year over year, reflecting early progress in the company’s effort to better monetize the platform.

While it has long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals such as Zelle and Square Cash has intensified.

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PayPal shares move higher after reporting earnings

Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products such as Pay with Venmo at online checkout, Venmo debit cards and instant transfers, but not from peer-to-peer payments.

Analysts at Mizuho said on Tuesday that while the stock reaction was initially negative, they expect it to rebound. They noted that branded total payment volume rose 6% year over year excluding leap day effects — a better result than expected — and that PayPal reiterated its full-year total payment volume growth target despite macroeconomic uncertainty, signaling underlying strength.

However, Mizuho flagged that keeping full-year earnings per share guidance unchanged despite a lower tax rate could remain a drag on sentiment.

Read more about tech and crypto from CNBC Pro

PayPal CEO Alex Chriss: Huge opportunity to deliver to consumers and help small business

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