Upstart Holdings, Inc. (NASDAQ:UPST) Receives $44.73 Average PT from Brokerages

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have been given an average recommendation of “Hold” by the seventeen research firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $44.9333.

Several equities research analysts have recently issued reports on the company. Truist Financial set a $40.00 price objective on Upstart in a research note on Wednesday, May 6th. B. Riley Financial cut their target price on Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Jefferies Financial Group restated a “hold” rating and set a $30.00 price target on shares of Upstart in a report on Tuesday, June 9th. Weiss Ratings downgraded Upstart from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Finally, Citigroup reaffirmed a “market underperform” rating on shares of Upstart in a research note on Thursday, June 11th.

Key Headlines Impacting Upstart

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Needham raised its price target on Upstart to $40 from $37 and kept a buy rating, implying meaningful upside from current levels. Upstart (NASDAQ:UPST) Given New $40.00 Price Target at Needham & Company LLC
• Positive Sentiment: BTIG reaffirmed its buy rating and set a $43 price target, reinforcing a bullish analyst view on Upstart’s business and valuation. Upstart (NASDAQ:UPST) Given “Buy” Rating at BTIG Research
• Positive Sentiment: Technical analysts say Upstart may be about 15% undervalued after a bullish breakout above a long-term downtrend and key moving averages, which could attract momentum buyers. Upstart Holdings (UPST) Could Be 15% Undervalued After Bullish Breakout
• Neutral Sentiment: Upstart is trending on Zacks due to increased investor interest, but the coverage does not point to a specific new business catalyst. Upstart Holdings, Inc. (UPST) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent articles note that Upstart has outperformed over the past month and quarter, but it is still down year to date, highlighting continued volatility rather than a clear fundamental shift. Upstart Holdings, Inc. (UPST) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: The stock has recently shown a bigger daily decline than the broader market, reflecting profit-taking after its strong run-up and reminding investors that volatility remains elevated. Upstart Holdings, Inc. (UPST) Registers a Bigger Fall Than the Market: Important Facts to Note

Upstart Stock Down 3.8%

Shares of NASDAQ:UPST opened at $31.81 on Friday. The firm has a fifty day simple moving average of $31.28 and a two-hundred day simple moving average of $34.01. Upstart has a 52 week low of $23.97 and a 52 week high of $87.30. The stock has a market capitalization of $3.04 billion, a P/E ratio of 83.71, a PEG ratio of 0.87 and a beta of 2.26.

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

Insider Transactions at Upstart

In related news, CFO Andrea Blankmeyer sold 7,044 shares of Upstart stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $29.63, for a total transaction of $208,713.72. Following the completion of the transaction, the chief financial officer directly owned 162,383 shares of the company’s stock, valued at approximately $4,811,408.29. The trade was a 4.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Natalia Mirgorodskaya sold 974 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $28.99, for a total transaction of $28,236.26. Following the transaction, the insider owned 37,374 shares in the company, valued at $1,083,472.26. The trade was a 2.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 33,346 shares of company stock worth $991,672. 17.29% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Upstart

Several hedge funds and other institutional investors have recently modified their holdings of UPST. Jericho Capital Asset Management L.P. grew its holdings in shares of Upstart by 11.9% in the fourth quarter. Jericho Capital Asset Management L.P. now owns 5,011,809 shares of the company’s stock worth $219,166,000 after purchasing an additional 531,000 shares during the last quarter. Morgan Stanley raised its holdings in shares of Upstart by 154.6% in the fourth quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock valued at $183,955,000 after acquiring an additional 2,554,591 shares in the last quarter. Geode Capital Management LLC lifted its stake in Upstart by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 2,068,515 shares of the company’s stock worth $90,469,000 after acquiring an additional 26,734 shares during the period. Halter Ferguson Financial Inc. lifted its stake in Upstart by 253.3% in the first quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company’s stock worth $37,638,000 after acquiring an additional 1,052,039 shares during the period. Finally, Norges Bank bought a new position in Upstart during the 4th quarter worth about $49,915,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

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.