Upstart Holdings, Inc. (NASDAQ:UPST) Receives Average Recommendation of “Hold” from Analysts

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have received a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $60.3636.

Several analysts recently commented on UPST shares. JPMorgan Chase & Co. cut their price objective on shares of Upstart from $88.00 to $65.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Bank of America lowered their price target on Upstart from $81.00 to $71.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Truist Financial assumed coverage on shares of Upstart in a research note on Tuesday, January 6th. They issued a “buy” rating and a $59.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Upstart in a report on Monday, December 29th. Finally, Piper Sandler lowered their price target on shares of Upstart from $80.00 to $56.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th.

Insiders Place Their Bets

In other Upstart news, Director Kerry Whorton Cooper sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $50.00, for a total value of $75,000.00. Following the completion of the transaction, the director directly owned 23,934 shares in the company, valued at $1,196,700. This represents a 5.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Sanjay Datta sold 13,624 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $36.58, for a total transaction of $498,365.92. Following the completion of the transaction, the chief financial officer directly owned 284,280 shares in the company, valued at $10,398,962.40. This trade represents a 4.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 16,707 shares of company stock valued at $633,080 in the last 90 days. 16.67% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UPST. AQR Capital Management LLC lifted its position in Upstart by 89.5% during the first quarter. AQR Capital Management LLC now owns 96,706 shares of the company’s stock valued at $4,451,000 after purchasing an additional 45,664 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Upstart by 13.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock valued at $213,000 after acquiring an additional 563 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Upstart by 20.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock valued at $92,000 after acquiring an additional 333 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Upstart by 18.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,017 shares of the company’s stock worth $7,964,000 after acquiring an additional 27,287 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Upstart during the first quarter worth approximately $208,000. 63.01% of the stock is owned by hedge funds and other institutional investors.

Upstart Trading Down 2.8%

Upstart stock opened at $38.58 on Wednesday. The firm has a market cap of $3.75 billion, a P/E ratio of 175.37 and a beta of 2.38. Upstart has a 1-year low of $31.40 and a 1-year high of $96.43. The firm has a 50-day moving average of $46.09 and a 200-day moving average of $54.43.

Upstart (NASDAQ:UPST) last announced its earnings results on Tuesday, November 4th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.10. The company had revenue of $258.54 million during the quarter, compared to the consensus estimate of $288.94 million. Upstart had a return on equity of 3.68% and a net margin of 3.33%.The firm’s revenue for the quarter was up 70.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) earnings per share. Research analysts forecast that Upstart will post -0.03 earnings per share for the current fiscal year.

Upstart Company Profile

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.