Upstart Holdings, Inc. (NASDAQ:UPST) Receives $78.83 Consensus PT from Analysts

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have earned an average recommendation of “Hold” from the fourteen research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $78.8333.

UPST has been the topic of several recent research reports. JPMorgan Chase & Co. upgraded shares of Upstart from a “neutral” rating to an “overweight” rating and lowered their price objective for the stock from $93.00 to $88.00 in a research note on Wednesday, August 20th. Piper Sandler set a $80.00 price objective on shares of Upstart in a research note on Monday, October 20th. Weiss Ratings restated a “sell (e+)” rating on shares of Upstart in a research note on Wednesday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $82.00 price target (up previously from $70.00) on shares of Upstart in a report on Wednesday, August 6th. Finally, Bank of America dropped their price target on shares of Upstart from $88.00 to $87.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th.

Insiders Place Their Bets

In other Upstart news, CEO Dave Girouard sold 41,667 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $64.93, for a total value of $2,705,438.31. Following the completion of the transaction, the chief executive officer directly owned 52,614 shares in the company, valued at $3,416,227.02. This represents a 44.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kerry Whorton Cooper sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $69.21, for a total transaction of $34,605.00. Following the completion of the transaction, the director owned 25,434 shares of the company’s stock, valued at approximately $1,760,287.14. The trade was a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 106,214 shares of company stock valued at $6,803,558. Insiders own 16.67% of the company’s stock.

Hedge Funds Weigh In On Upstart

A number of hedge funds have recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in Upstart by 23.3% during the 1st quarter. GAMMA Investing LLC now owns 1,662 shares of the company’s stock valued at $77,000 after buying an additional 314 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Upstart by 175.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,712 shares of the company’s stock valued at $585,000 after buying an additional 8,098 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Upstart by 1.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 24,352 shares of the company’s stock valued at $1,121,000 after buying an additional 322 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in Upstart by 71.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 2,010 shares of the company’s stock valued at $93,000 after buying an additional 836 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Upstart by 106.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,138 shares of the company’s stock valued at $1,341,000 after buying an additional 15,045 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors.

Upstart Stock Down 3.8%

Shares of NASDAQ:UPST opened at $48.75 on Monday. The firm’s 50 day moving average price is $59.30 and its 200-day moving average price is $59.74. Upstart has a twelve month low of $31.40 and a twelve month high of $96.43. The stock has a market capitalization of $4.69 billion, a PE ratio of -609.38 and a beta of 2.28.

Upstart (NASDAQ:UPST) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.09. Upstart had a negative net margin of 0.75% and a negative return on equity of 5.95%. The firm had revenue of $257.29 million for the quarter, compared to analysts’ expectations of $225.35 million. During the same quarter in the prior year, the business earned ($0.17) EPS. The business’s quarterly revenue was up 101.6% on a year-over-year basis. Upstart has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Upstart will post -0.03 earnings per share for the current fiscal year.

Upstart Company Profile

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.