Analysts Set Upstart Holdings, Inc. (NASDAQ:UPST) Target Price at $60.36

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have been assigned an average recommendation of “Hold” from the thirteen ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $60.3636.

A number of research firms recently issued reports on UPST. Bank of America decreased their target price on shares of Upstart from $81.00 to $71.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Citigroup decreased their price objective on Upstart from $100.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Upstart in a report on Monday, December 29th. Morgan Stanley set a $45.00 price target on Upstart in a report on Wednesday, November 5th. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $40.00 price objective on shares of Upstart in a research report on Thursday, November 6th.

Insider Activity

In other Upstart news, insider Natalia Mirgorodskaya sold 762 shares of Upstart stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $38.91, for a total value of $29,649.42. Following the completion of the transaction, the insider owned 26,398 shares of the company’s stock, valued at approximately $1,027,146.18. The trade was a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sanjay Datta sold 13,624 shares of the company’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 completion of the transaction, the chief financial officer owned 284,280 shares of the company’s stock, valued at approximately $10,398,962.40. This trade represents a 4.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,707 shares of company stock worth $633,080 in the last ninety days. Corporate insiders own 16.67% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in UPST. Norges Bank acquired a new stake in Upstart in the 2nd quarter valued at $67,777,000. Jericho Capital Asset Management L.P. lifted its holdings in Upstart by 22.6% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,480,809 shares of the company’s stock valued at $227,625,000 after purchasing an additional 826,974 shares in the last quarter. Baillie Gifford & Co. acquired a new stake in shares of Upstart in the fourth quarter valued at about $33,188,000. Mane Global Capital Management LP purchased a new stake in shares of Upstart during the second quarter worth about $43,576,000. Finally, Clear Street Group Inc. acquired a new position in shares of Upstart during the 3rd quarter worth about $29,018,000. 63.01% of the stock is owned by institutional investors and hedge funds.

Upstart Trading Up 10.5%

Shares of NASDAQ:UPST opened at $38.24 on Wednesday. Upstart has a twelve month low of $31.40 and a twelve month high of $96.43. The company’s 50 day moving average is $45.72 and its 200 day moving average is $53.91. The company has a market cap of $3.72 billion, a PE ratio of 173.83 and a beta of 2.38.

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

About Upstart

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.