Upstart Holdings, Inc. (NASDAQ:UPST) Given Average Rating of “Hold” by Brokerages

Upstart Holdings, Inc. (NASDAQ:UPST) has earned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $49.50.

Several equities research analysts recently weighed in on the company. Citigroup downgraded Upstart from a “buy” rating to a “strong sell” rating in a report on Friday, February 13th. Bank of America reduced their target price on shares of Upstart from $81.00 to $71.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Zacks Research downgraded shares of Upstart from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. JPMorgan Chase & Co. cut their price target on shares of Upstart from $88.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Finally, Citizens Jmp restated a “market underperform” rating and issued a $20.00 price objective on shares of Upstart in a research report on Friday, February 13th.

Insider Buying and Selling at Upstart

In related news, Director Kerry Whorton Cooper sold 1,500 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $50.00, for a total value of $75,000.00. Following the completion of the sale, the director owned 23,934 shares in the company, valued at $1,196,700. This trade represents a 5.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Sanjay Datta sold 7,982 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $29.86, for a total transaction of $238,342.52. Following the transaction, the chief financial officer owned 276,688 shares in the company, valued at $8,261,903.68. The trade was a 2.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,981 shares of company stock worth $357,201 over the last 90 days. Insiders own 16.67% of the company’s stock.

Institutional Investors Weigh In On Upstart

Institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its stake in Upstart by 89.5% in the 1st 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 in the last quarter. Integrated Wealth Concepts LLC grew its holdings in Upstart by 13.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock valued at $213,000 after purchasing an additional 563 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Upstart by 20.0% in the first quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock valued at $92,000 after purchasing an additional 333 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of 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 valued at $7,964,000 after purchasing an additional 27,287 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Upstart in the first quarter valued at about $208,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Upstart Stock Performance

Shares of UPST opened at $27.23 on Friday. Upstart has a fifty-two week low of $26.80 and a fifty-two week high of $87.30. The firm has a 50-day simple moving average of $41.06 and a 200-day simple moving average of $48.91. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 64.83, a price-to-earnings-growth ratio of 0.71 and a beta of 2.38.

Upstart (NASDAQ:UPST) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. Upstart had a return on equity of 6.30% and a net margin of 5.13%.The firm had revenue of $296.09 million during the quarter, compared to the consensus estimate of $288.54 million. During the same period in the prior year, the business earned $0.26 EPS. The firm’s revenue was up 35.2% compared to the same quarter last year. Equities research analysts forecast that Upstart will post -0.03 EPS for the current year.

Upstart declared that its board has initiated a stock buyback program on Thursday, February 19th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy up to 3.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

About Upstart

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.