Upstart (UPST) Expected to Announce Earnings on Tuesday

Upstart (NASDAQ:UPST) 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) last released its earnings results on Tuesday, February 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Stock Down 1.2 %

Shares of UPST stock opened at $48.10 on Tuesday. The stock has a 50 day moving average of $49.73 and a 200-day moving average of $60.63. The firm has a market cap of $4.57 billion, a PE ratio of -32.94 and a beta of 2.39. Upstart has a 12 month low of $20.60 and a 12 month high of $96.43.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Bank of America raised shares of Upstart from an “underperform” rating to a “neutral” rating and set a $53.00 price objective for the company in a research report on Tuesday. The Goldman Sachs Group upped their target price on Upstart from $13.50 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, February 12th. Needham & Company LLC boosted their price target on shares of Upstart from $100.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Citigroup raised their price objective on shares of Upstart from $87.00 to $108.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. Finally, Morgan Stanley raised shares of Upstart from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $12.00 to $70.00 in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $70.54.

Insider Activity

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 value of $62,741.88. Following the sale, the insider now directly owns 21,985 shares in the company, valued at approximately $1,737,254.70. This trade represents a 3.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Dave Girouard sold 4,524 shares of Upstart stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $79.01, for a total value of $357,441.24. Following the transaction, the chief executive officer now owns 52,614 shares in the company, valued at $4,157,032.14. This trade represents a 7.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,395 shares of company stock valued at $2,638,828. 16.67% of the stock is currently owned by insiders.

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.