Should I buy or sell Upstart stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upstart in the last twelve months. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" UPST shares. View UPST analyst ratings or view top-rated stocks .

What is Upstart's stock price target for 2024?

11 brokers have issued twelve-month target prices for Upstart's shares. Their UPST share price targets range from $9.00 to $64.00. On average, they anticipate the company's stock price to reach $25.09 in the next twelve months. This suggests that the stock has a possible downside of 7.9%. View analysts price targets for UPST or view top-rated stocks among Wall Street analysts .

How have UPST shares performed in 2023?

Upstart's stock was trading at $13.22 at the start of the year. Since then, UPST shares have increased by 106.1% and is now trading at $27.24. View the best growth stocks for 2023 here .

When is Upstart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our UPST earnings forecast .

How were Upstart's earnings last quarter?

Upstart Holdings, Inc. (NASDAQ:UPST) released its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.44) by $0.04. The firm had revenue of $134.56 million for the quarter, compared to analysts' expectations of $139.69 million. Upstart had a negative net margin of 48.64% and a negative trailing twelve-month return on equity of 36.84%.

What ETFs hold Upstart's stock?

ETFs with the largest weight of Upstart (NASDAQ:UPST) stock in their portfolio include Roundhill MEME ETF (MEME) , Invesco Dorsey Wright Financial Momentum ETF (PFI) , Mohr Growth ETF (MOHR) , SoFi Web 3 ETF (TWEB) , Direxion Moonshot Innovators ETF (MOON) , SPDR FactSet Innovative Technology ETF (XITK) , Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and Wisdomtree Growth Leaders Fund (PLAT) .

When did Upstart IPO?

(UPST) raised $252 million in an initial public offering (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 served as the underwriters for the IPO and Jefferies, Barclays, JMP Securities and Blaylock Van were co-managers.

Who are Upstart's major shareholders?

Upstart's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (2.25%), Mirae Asset Global Investments Co. Ltd. (1.21%), Optiver Holding B.V. (0.00%), Northern Trust Corp (0.84%), Charles Schwab Investment Management Inc. (0.66%) and Fred Alger Management LLC (0.60%). Insiders that own company stock include Alison Nicoll , Anna M Counselman , Cassidy Sukhinder Singh , Daniel S Loeb , Dave Girouard , Hilliard C Terry III , Kerry Whorton Cooper , Mary Hentges , Natalia Mirgorodskaya , Paul Gu , Sanjay Datta and Scott Darling. 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 .

Upstart Stock Price, News & Analysis (NASDAQ:UPST)

$27.02

+0.85 (+3.25%)

(As of 01:03 PM ET)

Compare

Today's Range: $26.39
▼
$27.97
50-Day Range: $20.87
▼
$30.32
52-Week Range: $11.93
▼
$72.58

Volume: 6.59 million shs
Average Volume: 7.81 million shs
Market Capitalization: $2.30 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.09

Upstart MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.73 Rating Score
Upside/Downside: 7.9% Downside
$25.09 Price Target
Short Interest: Bearish
45.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.08
Upright™ Environmental Score
News Sentiment: -0.52
Based on 8 Articles This Week
Insider Trading: Selling Shares
$2.56 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.73) to ($1.08) Per Share

Overall MarketRank^™

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

1.50 out of 5 stars

Computer And Technology Sector

541st out of 598 stocks

Nondepository Credit Institutions Industry

39th out of 46 stocks

1.9

Analyst's Opinion

Consensus Rating
Upstart has received a consensus rating of Reduce. The company's average rating score is 1.73, and is based on 2 buy ratings, 4 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.09, Upstart has a forecasted downside of 7.9% from its current price of $27.24.
Amount of Analyst Coverage
Upstart has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
45.10% of the float of Upstart has been sold short.
Short Interest Ratio / Days to Cover
Upstart has a short interest ratio ("days to cover") of 5.8.
Change versus previous month
Short interest in Upstart has recently increased by 7.92%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Upstart does not currently pay a dividend.
Dividend Growth
Upstart does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Upstart has received a 20.01% net impact score from Upright. Upstart seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Loan servicing software for consumer credit granting" product. See details.
Environmental Sustainability
The Environmental Impact score for Upstart is -1.08.

1.9

News and Social Media Coverage

News Sentiment
Upstart has a news sentiment score of -0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Upstart this week, compared to 1 article on an average week.
Search Interest
95 people have searched for UPST on MarketBeat in the last 30 days. This is an increase of 217% compared to the previous 30 days.
MarketBeat Follows
19 people have added Upstart to their MarketBeat watchlist in the last 30 days. This is an increase of 90% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Upstart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,555,687.00 in company stock.
Percentage Held by Insiders
18.45% of the stock of Upstart is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.50% of the stock of Upstart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Upstart are expected to grow in the coming year, from ($2.73) to ($1.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Upstart is -8.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Upstart is -8.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Upstart has a P/B Ratio of 3.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Upstart Stock (NASDAQ:UPST)

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

UPST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UPST Stock News Headlines

November 29, 2023 | seekingalpha.com

Upstart: Things Are About To Get Worse In 2024

November 27, 2023 | americanbankingnews.com

Upstart Holdings, Inc. (NASDAQ:UPST) Given Average Recommendation of "Reduce" by Brokerages

November 29, 2023 | Tomorrow Investor (Ad)

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November 25, 2023 | americanbankingnews.com

Upstart Holdings, Inc. (NASDAQ:UPST) CTO Sells $468,116.87 in Stock

November 20, 2023 | seekingalpha.com

Upstart Holdings: Inflation Trajectory Is A Game Changer, Strong Buy The Dip

November 9, 2023 | seekingalpha.com

Upstart: Buy The Panic

November 9, 2023 | bizjournals.com

Upstart Holdings recovers some of its post-earnings losses following disappointing quarter

November 8, 2023 | seekingalpha.com

Upstart: Price Matters Both Ways (Rating Upgrade)

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November 8, 2023 | seekingalpha.com

Upstart Holdings' 2024 Vision: Navigating Challenges, Striving For Growth

November 8, 2023 | seekingalpha.com

Upstart Q3: Horror Show, I'm Staying On The Sidelines Here

November 7, 2023 | seekingalpha.com

Upstart Holdings, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 20, 2023 | seekingalpha.com

Upstart: Yielding 16%, We're Cautiously Optimistic

October 19, 2023 | seekingalpha.com

Upstart: A Promising Outlook For 2024 Amidst Improved Operations

October 19, 2023 | seekingalpha.com

Upstart: The Cracks Are Forming Again - Why The $25 Level Is Pivotal

October 10, 2023 | seekingalpha.com

Upstart: The Story Is Still Evolving, But The Price Is Getting Attractive

September 19, 2023 | seekingalpha.com

Upstart: Not Just A Meme Stock, The Stars Are Beginning To Align

September 14, 2023 | investorplace.com

All Eyes on AI: Why Upstart Might Be Your Next Smart Stock Pick

September 14, 2023 | seekingalpha.com

Upstart: This Is A Great Time To Load Up The Truck

September 11, 2023 | seekingalpha.com

Upstart Holdings: Slumped Sales, Rising Leverage, And Downward Price Trend

August 28, 2023 | seekingalpha.com

Upstart: A Perfectly Creditable Outlook Perfectly Misunderstood By Market

August 26, 2023 | seekingalpha.com

Upstart: Still Trading At A Premium, Despite The Recent Correction

August 21, 2023 | seekingalpha.com

Upstart Holdings: Price Plunge Creates Massive Opportunity (Technical Analysis)

August 15, 2023 | seekingalpha.com

Upstart Has A Lot To Prove

August 10, 2023 | seekingalpha.com

Upstart: I'm Going To Buy The Plunge Hand Over Fist (Rating Upgrade)

August 10, 2023 | seekingalpha.com

Upstart Q2: Significant Shift In Risk/Reward Warrants Caution (Rating Downgrade)

August 9, 2023 | seekingalpha.com

Upstart: Price Matters

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:UPST
CUSIP: N/A
CIK: 1647639
Web: www.upstart.com
Phone: 650-204-1000
Fax: N/A
Employees: 1,875
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.09
High Stock Price Target: $64.00
Low Stock Price Target: $9.00
Potential Upside/Downside: -4.1%
Consensus Rating: Reduce
Rating Score (0-4): 1.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-108,670,000.00
Net Margins: -48.64%
Pretax Margin: -48.72%
Return on Equity: -36.84%
Return on Assets: -12.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.52
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $842.44 million
Price / Sales: 2.64
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $8.21 per share
Price / Book: 3.19

Miscellaneous

Outstanding Shares: 85,060,000
Free Float: 69,364,000
Market Cap: $2.23 billion
Optionable: Not Optionable
Beta: 2.09

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Key Executives

Mr. David J. Girouard (Age 57)
Co-Founder, President, CEO & Chairperson of the Board
Comp: $460k
Mr. Paul Gu (Age 32)
Co-Founder, CTO & Director
Comp: $85.33k
Ms. Anna M. Counselman (Age 42)
Co-Founder & Senior VP of Business Operations
Comp: $414k
Mr. Sanjay Datta CFA
Chief Financial Officer
Mr. Scott Darling Esq. (Age 51)
Chief Legal Officer & Corporate Secretary
Comp: $44.98k
Mr. Jason Schmidt
VP of Investor Relations
Ms. Annie Delgado
Chief Compliance Officer
Natalia Mirgorodskaya
Corporate Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UPST Stock Analysis - Frequently Asked Questions

Should I buy or sell Upstart stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upstart in the last twelve months. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" UPST shares.
View UPST analyst ratings or view top-rated stocks.
What is Upstart's stock price target for 2024?: 11 brokers have issued twelve-month target prices for Upstart's shares. Their UPST share price targets range from $9.00 to $64.00. On average, they anticipate the company's stock price to reach $25.09 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for UPST or view top-rated stocks among Wall Street analysts.
How have UPST shares performed in 2023?: Upstart's stock was trading at $13.22 at the start of the year. Since then, UPST shares have increased by 106.1% and is now trading at $27.24.
View the best growth stocks for 2023 here.
When is Upstart's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our UPST earnings forecast.
How were Upstart's earnings last quarter?: Upstart Holdings, Inc. (NASDAQ:UPST) released its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.44) by $0.04. The firm had revenue of $134.56 million for the quarter, compared to analysts' expectations of $139.69 million. Upstart had a negative net margin of 48.64% and a negative trailing twelve-month return on equity of 36.84%.

What ETFs hold Upstart's stock?: ETFs with the largest weight of Upstart (NASDAQ:UPST) stock in their portfolio include Roundhill MEME ETF (MEME), Invesco Dorsey Wright Financial Momentum ETF (PFI), Mohr Growth ETF (MOHR), SoFi Web 3 ETF (TWEB), Direxion Moonshot Innovators ETF (MOON), SPDR FactSet Innovative Technology ETF (XITK), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and Wisdomtree Growth Leaders Fund (PLAT).
When did Upstart IPO?: (UPST) raised $252 million in an initial public offering (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 served as the underwriters for the IPO and Jefferies, Barclays, JMP Securities and Blaylock Van were co-managers.
Who are Upstart's major shareholders?: Upstart's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (2.25%), Mirae Asset Global Investments Co. Ltd. (1.21%), Optiver Holding B.V. (0.00%), Northern Trust Corp (0.84%), Charles Schwab Investment Management Inc. (0.66%) and Fred Alger Management LLC (0.60%). Insiders that own company stock include Alison Nicoll, Anna M Counselman, Cassidy Sukhinder Singh, Daniel S Loeb, Dave Girouard, Hilliard C Terry III, Kerry Whorton Cooper, Mary Hentges, Natalia Mirgorodskaya, Paul Gu, Sanjay Datta and Scott Darling.
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.

This page (NASDAQ:UPST) was last updated on 11/29/2023 by MarketBeat.com Staff

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Upstart Stock Price, News & Analysis (NASDAQ:UPST)

Upstart MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Upstart Stock (NASDAQ:UPST)

UPST Stock Price History

UPST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

UPST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™