Upstart (UPST) Expected to Announce Quarterly Earnings on Tuesday

Upstart (NASDAQ:UPST - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect Upstart to post earnings of $0.19 per share and revenue of $201.08 million for the quarter. Upstart has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Upstart (NASDAQ:UPST - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02. Upstart had a negative return on equity of 25.87% and a negative net margin of 20.20%. On average, analysts expect Upstart to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Upstart Price Performance

UPST traded up $2.39 during trading on Friday, hitting $50.08. The stock had a trading volume of 7,624,226 shares, compared to its average volume of 6,630,835. The company has a 50 day moving average price of $48.19 and a 200-day moving average price of $60.42. Upstart has a one year low of $20.60 and a one year high of $96.43. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of -34.30 and a beta of 2.39.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Bank of America raised shares of Upstart from an "underperform" rating to a "neutral" rating and set a $53.00 target price on the stock in a report on Tuesday. JPMorgan Chase & Co. raised shares of Upstart from an "underweight" rating to a "neutral" rating and lifted their price objective for the company from $57.00 to $79.00 in a research note on Wednesday, February 12th. Morgan Stanley upgraded Upstart from an "underweight" rating to an "equal weight" rating and upped their target price for the stock from $12.00 to $70.00 in a research note on Friday, February 14th. B. Riley upgraded Upstart from a "neutral" rating to a "buy" rating and lifted their price target for the company from $49.00 to $105.00 in a research note on Wednesday, February 12th. Finally, The Goldman Sachs Group boosted their price target on Upstart from $13.50 to $15.00 and gave the stock a "sell" rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $70.54.

Insider Buying and Selling at Upstart

In other Upstart news, insider Natalia Mirgorodskaya sold 794 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $79.02, for a total transaction of $62,741.88. Following the completion of the sale, the insider now owns 21,985 shares of the company's stock, valued at $1,737,254.70. This represents a 3.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sanjay Datta sold 16,070 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $79.02, for a total transaction of $1,269,851.40. Following the sale, the chief financial officer now owns 295,537 shares of the company's stock, valued at approximately $23,353,333.74. This represents a 5.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,395 shares of company stock worth $2,638,828 over the last 90 days. Corporate insiders own 16.67% of the company's stock.

About Upstart

Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.