50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Comcast is an Asset Bonanza Priced Cheap
US stocks slip deeper into a slump as recession fears grow
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
British pound plunges to new low as tax cuts spark concern
Lights out, ovens off: Europe preps for winter energy crisis
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Comcast is an Asset Bonanza Priced Cheap
US stocks slip deeper into a slump as recession fears grow
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
British pound plunges to new low as tax cuts spark concern
Lights out, ovens off: Europe preps for winter energy crisis
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Comcast is an Asset Bonanza Priced Cheap
US stocks slip deeper into a slump as recession fears grow
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
British pound plunges to new low as tax cuts spark concern
Lights out, ovens off: Europe preps for winter energy crisis
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Comcast is an Asset Bonanza Priced Cheap
US stocks slip deeper into a slump as recession fears grow
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
British pound plunges to new low as tax cuts spark concern
Lights out, ovens off: Europe preps for winter energy crisis
NASDAQ:UPST

Upstart - UPST Stock Forecast, Price & News

$20.80
-0.70 (-3.26%)
(As of 09/26/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.79
$22.48
50-Day Range
$20.80
$36.28
52-Week Range
$20.41
$401.49
Volume
5.31 million shs
Average Volume
10.08 million shs
Market Capitalization
$1.69 billion
P/E Ratio
23.37
Dividend Yield
N/A
Price Target
$88.38

Upstart MarketRank™ Forecast

Analyst Rating
Hold
1.77 Rating Score
Upside/​Downside
324.9% Upside
$88.38 Price Target
Short Interest
Bearish
37.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.00mentions of Upstart in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$41,473 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.76) to ($0.45) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Computer And Technology Sector

313th out of 629 stocks

Nondepository Credit Institutions Industry

20th out of 35 stocks

UPST stock logo

About Upstart (NASDAQ:UPST) Stock

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

Receive UPST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Upstart and its competitors with MarketBeat's FREE daily newsletter.

UPST Stock News Headlines

Upstart (NASDAQ:UPST) Trading 3.9% Higher
Financial Comparison: Lufax (NYSE:LU) & Upstart (NASDAQ:UPST)
126% Average Gains While Stocks Crash
Investors have lost $15 trillion so far, and it's about to get much worse. But Dr. Martin Weiss offers the solution with “Crash Profits Trades.” These could have produced average gains of 126% with NO losing trades, even with stocks tumbling! Click here to discover Crash Profit Trades. pixel
Upstart’s Week From Hell Is Hardly a Buy Signal
The Collapse of 2022 Has Begun
Almost every asset you own could be in grave danger -- stocks, bonds, real estate and even banks. Today, Dr. Martin Weiss reveals his survival plan for these unprecedented times. Protect your wealth now. pixel
Upstart Stock Investors Must Act Fast Today
Why Is Upstart (UPST) Stock Plunging 60% Today?
Buy Upstart Ahead of Its First Quarter Earnings
Here’s Why Upstart Holdings is Not a Buy Right Now
Upstart Has 35% Upside if This Analyst Is Right
Upstart Holdings and Why It’s Still a Winner
See More Headlines
Receive UPST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Upstart and its competitors with MarketBeat's FREE daily newsletter.

UPST Company Calendar

Last Earnings
8/08/2022
Today
9/27/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:UPST
Fax
N/A
Employees
1,497
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$88.38
High Stock Price Forecast
$330.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+324.9%
Consensus Rating
Hold
Rating Score (0-4)
1.77
Research Coverage
13 Analysts

Profitability

Net Income
$135.44 million
Pretax Margin
8.40%

Debt

Sales & Book Value

Annual Sales
$848.59 million
Cash Flow
$1.70 per share
Book Value
$9.85 per share

Miscellaneous

Free Float
65,998,000
Market Cap
$1.69 billion
Optionable
Not Optionable
Beta
1.05

Key Executives

  • Mr. David J. GirouardMr. David J. Girouard (Age 56)
    Co-Founder, Pres, CEO & Chairperson of the Board
    Comp: $455k
  • Mr. Paul GuMr. Paul Gu (Age 31)
    Co-Founder, CTO & Director
    Comp: $1M
  • Ms. Anna M. CounselmanMs. Anna M. Counselman (Age 40)
    Co-Founder and Sr. VP of People & Operations
    Comp: $689.42k
  • Mr. Sanjay Datta CFA
    Chief Financial Officer
  • Ms. Alison NicollMs. Alison Nicoll (Age 50)
    Gen. Counsel & Sec.
    Comp: $689.42k
  • Mr. Jason Schmidt
    VP of Investor Relations
  • Ms. Annie Delgado
    Chief Compliance Officer
  • Ms. Pavi Ramamurthy
    Chief Information Security Officer
  • Natalia MirgorodskayaNatalia Mirgorodskaya
    Corp. Controller













UPST Stock - Frequently Asked Questions

Should I buy or sell Upstart stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upstart in the last year. There are currently 5 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UPST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UPST, but not buy additional shares or sell existing shares.
View UPST analyst ratings
or view top-rated stocks.

What is Upstart's stock price forecast for 2022?

13 Wall Street research analysts have issued 12-month price targets for Upstart's shares. Their UPST share price forecasts range from $19.00 to $330.00. On average, they predict the company's share price to reach $88.38 in the next year. This suggests a possible upside of 324.9% 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 2022?

Upstart's stock was trading at $151.30 at the start of the year. Since then, UPST shares have decreased by 86.3% and is now trading at $20.80.
View the best growth stocks for 2022 here
.

When is Upstart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our UPST earnings forecast
.

How were Upstart's earnings last quarter?

Upstart Holdings, Inc. (NASDAQ:UPST) announced its earnings results on Monday, August, 8th. The company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.33) by $0.03. The business had revenue of $228 million for the quarter, compared to the consensus estimate of $235.30 million. Upstart had a trailing twelve-month return on equity of 11.50% and a net margin of 8.48%. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share.

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

Upstart updated its third quarter 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $170.00 million-$170.00 million, compared to the consensus revenue estimate of $248.92 million.

When did Upstart IPO?

(UPST) raised $252 million in an IPO 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.

What is Upstart's stock symbol?

Upstart trades on the NASDAQ under the ticker symbol "UPST."

Who are Upstart's major shareholders?

Upstart's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (1.62%), IMC Chicago LLC (0.00%), Mirae Asset Global Investments Co. Ltd. (1.18%), Group One Trading L.P. (0.00%), Sculptor Capital LP (0.00%) and Amundi (0.56%). Insiders that own company stock include Alison Nicoll, Anna M Counselman, Cassidy Sukhinder Singh, Daniel S Loeb, Dave Girouard, Hilliard C Terry III, Mary Hentges, Natalia Mirgorodskaya and Paul Gu.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Upstart's stock price today?

One share of UPST stock can currently be purchased for approximately $20.80.

How much money does Upstart make?

Upstart (NASDAQ:UPST) has a market capitalization of $1.69 billion and generates $848.59 million in revenue each year. The company earns $135.44 million in net income (profit) each year or $0.89 on an earnings per share basis.

How many employees does Upstart have?

The company employs 1,497 workers across the globe.

How can I contact Upstart?

The official website for the company is www.upstart.com. The company can be reached via phone at 650-204-1000 or via email at ir@upstart.com.

This page (NASDAQ:UPST) was last updated on 9/27/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.