Upstart Holdings, Inc. (NASDAQ:UPST) Given Consensus Recommendation of “Hold” by Analysts

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have earned a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $43.9333.

Several equities research analysts have commented on the company. Wall Street Zen lowered Upstart from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Citigroup dropped their target price on shares of Upstart from $80.00 to $61.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. B. Riley Financial cut their price target on shares of Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Truist Financial set a $40.00 price target on shares of Upstart in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group boosted their price objective on shares of Upstart from $32.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th.

Insiders Place Their Bets

In related news, insider Sanjay Datta sold 15,000 shares of Upstart stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $30.41, for a total transaction of $456,150.00. Following the transaction, the insider owned 313,556 shares in the company, valued at approximately $9,535,237.96. The trade was a 4.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dave Girouard purchased 170,240 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of $29.37 per share, with a total value of $4,999,948.80. Following the completion of the transaction, the director owned 8,512,941 shares in the company, valued at $250,025,077.17. This trade represents a 2.04% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 33,346 shares of company stock worth $991,672. 17.29% of the stock is owned by company insiders.

Institutional Investors Weigh In On Upstart

A number of large investors have recently modified their holdings of UPST. Bayforest Capital Ltd purchased a new stake in shares of Upstart during the 4th quarter valued at about $25,000. Quarry LP boosted its holdings in Upstart by 749.2% in the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock worth $25,000 after acquiring an additional 442 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Upstart by 132.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock valued at $39,000 after acquiring an additional 439 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Upstart during the fourth quarter valued at approximately $40,000. Finally, Bogart Wealth LLC purchased a new stake in shares of Upstart during the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

Upstart Price Performance

Shares of NASDAQ UPST opened at $27.44 on Wednesday. Upstart has a 52-week low of $23.97 and a 52-week high of $87.30. The firm has a fifty day moving average of $31.30 and a 200-day moving average of $31.81. The stock has a market capitalization of $2.63 billion, a PE ratio of 72.21, a P/E/G ratio of 0.73 and a beta of 2.29.

Upstart (NASDAQ:UPST) last issued its earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.46). Upstart had a return on equity of 5.63% and a net margin of 4.34%.The firm had revenue of $308.21 million during the quarter, compared to analysts’ expectations of $301.30 million. During the same period last year, the business posted $0.30 earnings per share. The company’s quarterly revenue was up 44.3% compared to the same quarter last year. Equities research analysts expect that Upstart will post 0.92 EPS for the current fiscal year.

Upstart Company Profile

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.