Upstart Holdings, Inc. (NASDAQ:UPST) Receives $60.36 Average Target Price from Analysts

Upstart Holdings, Inc. (NASDAQ:UPST) has earned a consensus rating of “Hold” from the thirteen research firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $60.3636.

Several equities analysts have recently weighed in on UPST shares. Piper Sandler dropped their price objective on shares of Upstart from $80.00 to $56.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $40.00 price target on shares of Upstart in a research note on Thursday, November 6th. Bank of America cut their price target on Upstart from $81.00 to $71.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Truist Financial initiated coverage on Upstart in a report on Tuesday, January 6th. They set a “buy” rating and a $59.00 price objective for the company. Finally, Morgan Stanley set a $45.00 target price on Upstart in a research report on Wednesday, November 5th.

Insider Buying and Selling at Upstart

In other Upstart news, Director Kerry Whorton Cooper sold 1,500 shares of Upstart stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $50.00, for a total transaction of $75,000.00. Following the completion of the transaction, the director owned 23,934 shares in the company, valued at approximately $1,196,700. The trade was a 5.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Paul Gu acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were bought at an average cost of $39.23 per share, with a total value of $3,923,000.00. Following the completion of the acquisition, the chief technology officer directly owned 80,000 shares in the company, valued at approximately $3,138,400. This represents a -500.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold a total of 16,707 shares of company stock valued at $633,080 over the last ninety days. 16.67% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC raised its position in Upstart by 14,710.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,481 shares of the company’s stock valued at $65,000 after buying an additional 1,471 shares during the last quarter. Traynor Capital Management Inc. bought a new stake in shares of Upstart in the 4th quarter worth $261,000. Holos Integrated Wealth LLC purchased a new stake in shares of Upstart in the fourth quarter valued at about $94,000. Swiss Life Asset Management Ltd bought a new position in shares of Upstart during the third quarter valued at about $200,000. Finally, Groupama Asset Managment purchased a new position in Upstart during the third quarter worth about $25,400,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Upstart Stock Performance

Shares of UPST opened at $46.45 on Friday. Upstart has a 52-week low of $31.40 and a 52-week high of $96.43. The business’s 50 day moving average price is $44.38 and its two-hundred day moving average price is $57.56. The firm has a market cap of $4.52 billion, a PE ratio of 211.15 and a beta of 2.28.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.42 by $0.10. The company had revenue of $258.54 million during the quarter, compared to the consensus estimate of $288.94 million. Upstart had a net margin of 3.33% and a return on equity of 3.68%. The company’s quarterly revenue was up 70.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.07) EPS. Research analysts predict that Upstart will post -0.03 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.