Should I buy or sell Upstart stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upstart in the last twelve months. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" UPST shares. View UPST analyst ratings or view top-rated stocks .

What is Upstart's stock price target for 2024?

11 analysts have issued twelve-month target prices for Upstart's shares. Their UPST share price targets range from $9.00 to $64.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View analysts price targets for UPST or view top-rated stocks among Wall Street analysts .

How have UPST shares performed in 2024?

Upstart's stock was trading at $40.86 at the start of the year. Since then, UPST shares have decreased by 45.4% and is now trading at $22.31. View the best growth stocks for 2024 here .

When is Upstart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our UPST earnings forecast .

How can I listen to Upstart's earnings call?

Upstart will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Upstart's earnings last quarter?

Upstart Holdings, Inc. (NASDAQ:UPST) released its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.51) earnings per share for the quarter, topping analysts' consensus estimates of ($0.56) by $0.05. The business had revenue of $140.31 million for the quarter, compared to analyst estimates of $135.28 million. Upstart had a negative net margin of 46.76% and a negative trailing twelve-month return on equity of 35.47%.

What ETFs hold Upstart's stock?

ETFs with the largest weight of Upstart (NASDAQ:UPST) stock in their portfolio include Roundhill MEME ETF (MEME) , SoFi Web 3 ETF (TWEB) , Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) , WisdomTree Growth Leaders Fund (PLAT) , First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) , Global X FinTech Thematic ETF (FINX) and Direxion Moonshot Innovators ETF (MOON) . Invesco DWA SmallCap Momentum ETF (DWAS) .

What guidance has Upstart issued on next quarter's earnings?

Upstart updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $125.0 million-$125.0 million, compared to the consensus revenue estimate of $151.2 million.

When did Upstart IPO?

Upstart (UPST) raised $252 million in an initial public offering on Wednesday, December 16th 2020. The company issued 12,000,000 shares 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.

How do I buy shares of Upstart?

Shares of UPST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:UPST

Upstart (UPST) Stock Price, News & Analysis

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$22.31

-0.13 (-0.58%)

(As of 05:17 PM ET)

Compare

Today's Range: $21.86
▼
$23.02
50-Day Range: $21.94
▼
$35.47
52-Week Range: $11.93
▼
$72.58

Volume: 2.85 million shs
Average Volume: 6.91 million shs
Market Capitalization: $1.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $26.00

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Upstart MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.64 Rating Score
Upside/Downside: 16.5% Upside
$26.00 Price Target
Short Interest: Bearish
36.93% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.08
Upright™ Environmental Score
News Sentiment: -0.25
Based on 6 Articles This Week
Insider Trading: Selling Shares
$1.86 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.19) to ($1.30) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.25 out of 5 stars

Computer And Technology Sector

386th out of 586 stocks

Nondepository Credit Institutions Industry

24th out of 43 stocks

1.8

Analyst's Opinion

Consensus Rating
Upstart has received a consensus rating of Reduce. The company's average rating score is 1.64, and is based on 1 buy rating, 5 hold ratings, and 5 sell ratings.
Amount of Analyst Coverage
Upstart has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
36.93% of the float of Upstart has been sold short.
Short Interest Ratio / Days to Cover
Upstart has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Upstart has recently increased by 0.77%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Upstart does not currently pay a dividend.
Dividend Growth
Upstart does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Upstart has received a 20.01% net impact score from Upright. Upstart seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Loan servicing software for consumer credit granting" product. See details.
Environmental Sustainability
The Environmental Impact score for Upstart is -1.08.

1.0

News and Social Media Coverage

News Sentiment
Upstart has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Upstart this week, compared to 2 articles on an average week.
Search Interest
Only 43 people have searched for UPST on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
Only 23 people have added Upstart to their MarketBeat watchlist in the last 30 days. This is a decrease of -28% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Upstart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,864,629.00 in company stock.
Percentage Held by Insiders
18.06% of the stock of Upstart is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
63.01% of the stock of Upstart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Upstart are expected to grow in the coming year, from ($2.19) to ($1.30) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Upstart is -7.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Upstart is -7.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Upstart has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Upstart Stock (NASDAQ:UPST)

Upstart Holdings, Inc., is a leading fintech operating in the United States as a lending platform. Together, with its subsidiaries, Upstart Holdings operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company was founded in 2012 and is headquartered in San Mateo, California. By mid-2022 the company had originated more than $28.6 billion in loans with more than 75% of them fully automated.

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. Upstart’s own testing shows its system produces 75% fewer defaults at the same approval rate and approves upwards of 170% more loans with the same default rate as compared to the US largest lenders.

The platform works by aggregating consumer demand for loans and connecting them with its network of AI-enabled bank partners. 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.

Lenders can enhance their businesses by partnering with Upstart 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 Upstart-powered financing solutions at the point of sale or within their omnichannel experience.

Upstart 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.

Upstart Holdings was founded by Dave Girouard, Paul Gu, and Anna M. Counselman. The three have extensive backgrounds in AI, the internet, and finance and serve as the company’s CEO, chief technology officer, and operations chief

UPST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UPST Stock News Headlines

April 3, 2024 | marketbeat.com

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Upstart Stock Is Down 94%. Is It Finally Time to Buy?

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Is Upstart a Millionaire Maker?

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:UPST
CUSIP: N/A
CIK: 1647639
Web: www.upstart.com
Phone: 650-204-1000
Fax: N/A
Employees: 1,388
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.00
High Stock Price Target: $64.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +15.9%
Consensus Rating: Reduce
Rating Score (0-4): 1.64
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.90)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-240,130,000.00
Net Margins: -46.76%
Pretax Margin: -46.74%
Return on Equity: -35.47%
Return on Assets: -11.85%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.39
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $513.56 million
Price / Sales: 3.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.47 per share
Price / Book: 3.00

Miscellaneous

Outstanding Shares: 87,810,000
Free Float: 71,947,000
Market Cap: $1.97 billion
Optionable: Optionable
Beta: 1.94

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Key Executives

Mr. David J. Girouard (Age 58)
Co-Founder, President, CEO & Chairperson of the Board
Comp: $667k
Mr. Paul Gu (Age 33)
Co-Founder, CTO & Director
Comp: $623.7k
Mr. Sanjay Datta CFA
Chief Financial Officer
Mr. Scott Darling Esq. (Age 52)
Chief Legal Officer & Corporate Secretary
Comp: $687.76k
Ms. Anna M. Counselman (Age 42)
Co-Founder & Senior VP of Business Operations
Comp: $414k
Mr. Jason Schmidt
VP of Investor Relations
Ms. Annie Delgado
Chief Compliance Officer
Natalia Mirgorodskaya
Corporate Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UPST Stock Analysis - Frequently Asked Questions

Should I buy or sell Upstart stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upstart in the last twelve months. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" UPST shares.
View UPST analyst ratings or view top-rated stocks.
What is Upstart's stock price target for 2024?: 11 analysts have issued twelve-month target prices for Upstart's shares. Their UPST share price targets range from $9.00 to $64.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts price targets for UPST or view top-rated stocks among Wall Street analysts.
How have UPST shares performed in 2024?: Upstart's stock was trading at $40.86 at the start of the year. Since then, UPST shares have decreased by 45.4% and is now trading at $22.31.
View the best growth stocks for 2024 here.
When is Upstart's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our UPST earnings forecast.
How can I listen to Upstart's earnings call?: Upstart will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Upstart's earnings last quarter?: Upstart Holdings, Inc. (NASDAQ:UPST) released its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.51) earnings per share for the quarter, topping analysts' consensus estimates of ($0.56) by $0.05. The business had revenue of $140.31 million for the quarter, compared to analyst estimates of $135.28 million. Upstart had a negative net margin of 46.76% and a negative trailing twelve-month return on equity of 35.47%.

What ETFs hold Upstart's stock?: ETFs with the largest weight of Upstart (NASDAQ:UPST) stock in their portfolio include Roundhill MEME ETF (MEME), SoFi Web 3 ETF (TWEB), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), WisdomTree Growth Leaders Fund (PLAT), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), Global X FinTech Thematic ETF (FINX) and Direxion Moonshot Innovators ETF (MOON).Invesco DWA SmallCap Momentum ETF (DWAS).
What guidance has Upstart issued on next quarter's earnings?: Upstart updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $125.0 million-$125.0 million, compared to the consensus revenue estimate of $151.2 million.
When did Upstart IPO?: Upstart (UPST) raised $252 million in an initial public offering on Wednesday, December 16th 2020. The company issued 12,000,000 shares 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.
How do I buy shares of Upstart?: Shares of UPST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UPST) was last updated on 4/18/2024 by MarketBeat.com Staff

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