Upstart Holdings, Inc. (NASDAQ:UPST) Receives $43.93 Average Target Price from Analysts

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

A number of analysts recently issued reports on the stock. Needham & Company LLC lifted their price target on shares of Upstart from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group increased their price objective on shares of Upstart from $32.00 to $39.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Mizuho set a $45.00 price objective on shares of Upstart in a report on Friday, May 8th. Morgan Stanley set a $35.00 target price on shares of Upstart in a research report on Thursday, May 7th. Finally, Truist Financial set a $40.00 target price on shares of Upstart in a research note on Wednesday, May 6th.

Upstart Stock Up 1.5%

Shares of NASDAQ UPST opened at $27.44 on Wednesday. Upstart has a fifty-two week low of $23.97 and a fifty-two week high of $87.30. The business has a 50 day moving average price of $31.30 and a two-hundred day moving average price of $31.91. The firm has a market cap of $2.63 billion, a PE ratio of 72.21, a price-to-earnings-growth ratio of 0.72 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 analysts’ consensus estimates of $0.39 by ($0.46). The business had revenue of $308.21 million during the quarter, compared to analyst estimates of $301.30 million. Upstart had a net margin of 4.34% and a return on equity of 5.63%. The business’s revenue for the quarter was up 44.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 earnings per share. On average, analysts anticipate that Upstart will post 0.92 earnings per share for the current year.

Insider Transactions at Upstart

In other Upstart news, insider Natalia Mirgorodskaya sold 974 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $28.99, for a total transaction of $28,236.26. Following the sale, the insider owned 37,374 shares in the company, valued at $1,083,472.26. This represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dave Girouard acquired 170,240 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of $29.37 per share, for a total transaction of $4,999,948.80. Following the purchase, the director directly owned 8,512,941 shares of the company’s stock, valued at $250,025,077.17. This represents a 2.04% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 33,346 shares of company stock valued at $991,672 over the last 90 days. Corporate insiders own 17.29% of the company’s stock.

Institutional Investors Weigh In On Upstart

Institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley boosted its position in Upstart by 154.6% during the 4th quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock valued at $183,955,000 after purchasing an additional 2,554,591 shares during the period. Norges Bank bought a new position in Upstart during the 4th quarter worth $49,915,000. Halter Ferguson Financial Inc. increased its position 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 buying an additional 1,052,039 shares during the period. Azora Capital LP acquired a new stake in Upstart in the fourth quarter worth $38,580,000. Finally, Baillie Gifford & Co. bought a new stake in Upstart in the fourth quarter valued at $33,188,000. 63.01% of the stock is owned by institutional investors and hedge funds.

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.