Upstart Holdings, Inc. (NASDAQ:UPST) Receives Average Recommendation of “Hold” from Brokerages

Upstart Holdings, Inc. (NASDAQ:UPST) has earned a consensus rating of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $60.50.

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. lowered their price target on Upstart from $88.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. BTIG Research reiterated a “neutral” rating on shares of Upstart in a report on Wednesday, November 5th. Needham & Company LLC dropped their target price on shares of Upstart from $82.00 to $56.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. The Goldman Sachs Group restated a “sell” rating and issued a $40.00 price target on shares of Upstart in a report on Thursday, November 6th. Finally, Piper Sandler decreased their price objective on shares of Upstart from $80.00 to $56.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th.

Upstart Stock Performance

Upstart stock opened at $47.59 on Tuesday. Upstart has a 1 year low of $31.40 and a 1 year high of $96.43. The firm has a 50 day moving average price of $44.93 and a 200 day moving average price of $58.80. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 216.33 and a beta of 2.27.

Upstart (NASDAQ:UPST) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.10. Upstart had a net margin of 3.33% and a return on equity of 3.68%. The company had revenue of $258.54 million for the quarter, compared to analyst estimates of $288.94 million. During the same quarter last year, the business earned ($0.07) EPS. Upstart’s revenue for the quarter was up 70.9% on a year-over-year basis. Sell-side analysts predict that Upstart will post -0.03 EPS for the current year.

Insider Buying and Selling at Upstart

In other Upstart news, CFO Sanjay Datta sold 13,624 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $36.58, for a total transaction of $498,365.92. Following the transaction, the chief financial officer owned 284,280 shares in the company, valued at $10,398,962.40. The trade was a 4.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Natalia Mirgorodskaya sold 821 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $36.62, for a total value of $30,065.02. Following the completion of the sale, the insider directly owned 27,160 shares of the company’s stock, valued at $994,599.20. The trade was a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 16,707 shares of company stock worth $633,080. Insiders own 16.67% of the company’s stock.

Hedge Funds Weigh In On Upstart

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jericho Capital Asset Management L.P. boosted its holdings in Upstart by 22.6% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,480,809 shares of the company’s stock worth $227,625,000 after acquiring an additional 826,974 shares during the period. Geode Capital Management LLC lifted its position in shares of Upstart by 3.8% during the second quarter. Geode Capital Management LLC now owns 2,009,116 shares of the company’s stock worth $129,965,000 after purchasing an additional 73,582 shares in the last quarter. Driehaus Capital Management LLC boosted its stake in shares of Upstart by 71.5% in the first quarter. Driehaus Capital Management LLC now owns 1,215,237 shares of the company’s stock valued at $55,937,000 after purchasing an additional 506,787 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Upstart by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,197,966 shares of the company’s stock valued at $55,143,000 after purchasing an additional 44,635 shares in the last quarter. Finally, Norges Bank purchased a new stake in Upstart during the 2nd quarter worth $67,777,000. 63.01% of the stock is owned by institutional investors and hedge funds.

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.