Upstart Holdings, Inc. (NASDAQ:UPST) Stock Has Consensus Price Target of $32.40 According to Analysts

Key Points

• Analysts rate Upstart “Hold” overall: Of 17 analysts, seven recommend buying, eight holding and two selling; the average 12-month price target is $32.40.
• Upstart beat Q3 expectations, reporting EPS of $0.33 versus $0.20 consensus and revenue of $370.5 million, up 33.7% year over year.
• The outlook remains a concern: Upstart cut its 2026 revenue and adjusted EBITDA forecasts, citing weaker consumer credit quality and higher funding costs; several analysts also lowered their price targets.

Upstart Holdings, Inc. (NASDAQ:UPST - Get Free Report) has been assigned a consensus rating of "Hold" from the seventeen analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $32.40.

Several research analysts have commented on the company. B. Riley Financial restated a "buy" rating and issued a $42.00 target price (down from $54.00) on shares of Upstart in a research note on Wednesday. Bank of America reaffirmed a "neutral" rating and set a $28.00 target price on shares of Upstart in a report on Wednesday. The Goldman Sachs Group decreased their price target on Upstart from $28.00 to $24.00 and set a "neutral" rating on the stock in a research report on Wednesday. Piper Sandler increased their price target on shares of Upstart from $46.00 to $51.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Finally, Loop Capital initiated coverage on shares of Upstart in a report on Tuesday, September 8th. They issued a "hold" rating and a $34.00 price target on the stock.

Insider Activity

In related news, CFO Andrea Blankmeyer sold 7,175 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $29.36, for a total transaction of $210,658.00. Following the sale, the chief financial officer owned 155,208 shares of the company's stock, valued at approximately $4,556,906.88. This represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Natalia Mirgorodskaya sold 913 shares of the company's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $30.03, for a total transaction of $27,417.39. Following the sale, the insider directly owned 35,875 shares in the company, valued at $1,077,326.25. This trade represents a 2.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 148,652 shares of company stock worth $4,133,720 in the last three months. Insiders own 17.29% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of Upstart by 76.7% during the 3rd quarter. Parallel Advisors LLC now owns 1,656 shares of the company's stock valued at $38,000 after acquiring an additional 719 shares during the last quarter. Asset Management One Co. Ltd. increased its position in shares of Upstart by 33.2% in the third quarter. Asset Management One Co. Ltd. now owns 1,790 shares of the company's stock worth $41,000 after purchasing an additional 446 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Upstart by 274.4% in the first quarter. Geneos Wealth Management Inc. now owns 1,842 shares of the company's stock worth $47,000 after purchasing an additional 1,350 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of Upstart in the first quarter worth approximately $51,000. Finally, Sterling Capital Management LLC increased its position in shares of Upstart by 838.2% in the third quarter. Sterling Capital Management LLC now owns 2,824 shares of the company's stock worth $65,000 after purchasing an additional 2,523 shares during the last quarter. Institutional investors own 63.01% of the company's stock.

Upstart Price Performance

Upstart stock opened at $22.14 on Friday. Upstart has a one year low of $20.59 and a one year high of $52.10. The business has a fifty day moving average price of $24.67 and a 200-day moving average price of $29.51. The firm has a market capitalization of $2.15 billion, a P/E ratio of 37.53, a PEG ratio of 1.19 and a beta of 2.48.

Upstart (NASDAQ:UPST - Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.13. Upstart had a return on equity of 9.67% and a net margin of 4.86%. The company had revenue of $370.52 million during the quarter, compared to analysts' expectations of $362.68 million. During the same period in the previous year, the business earned $0.23 earnings per share. The firm's quarterly revenue was up 33.7% compared to the same quarter last year. Sell-side analysts expect that Upstart will post 0.72 earnings per share for the current fiscal year.

Key Headlines Impacting Upstart

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Upstart reported Q3 diluted EPS of $0.33, above the $0.20 consensus estimate, and revenue of $370.5 million, ahead of forecasts. Contribution profit reached a record $218 million, highlighting stronger operating performance. Upstart Stock Jumps On Earnings Beat As Full Year Outlook Is Cut
• Negative Sentiment: The company cut its 2026 revenue and adjusted EBITDA outlook, citing weaker consumer credit quality, higher funding costs and a 1.53 Upstart Macro Index reading, which signals elevated default risk. This caution tempered the impact of the earnings beat. UPST Q3 Earnings Call Highlights Macro Risks and Revised Outlook
• Negative Sentiment: Several analysts lowered price targets after the results, including Morgan Stanley and Goldman Sachs, reflecting more cautious expectations. Some firms kept Buy ratings, but target reductions reinforce concerns about the revised outlook. Morgan Stanley analyst update

Upstart Company Profile

Upstart Holdings, Inc NASDAQ: UPST operates an artificial intelligence-powered lending marketplace. Its platform connects consumers seeking credit with banks and credit unions, using data-driven underwriting models designed to evaluate applicants beyond traditional credit-score-based methods.

The company provides technology for several lending categories, including personal loans, automotive retail and refinance lending, home equity lines of credit, and small-dollar lending. Upstart's platform supports financial institutions with application processing, risk assessment, loan origination, and related automation, while offering consumers a digital borrowing experience.

Founded in 2012, Upstart is headquartered in San Mateo, California, and primarily serves the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.