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

Upstart Holdings, Inc. (NASDAQ:UPST) has received an average rating of “Hold” from the seventeen analysts that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $44.7333.

A number of brokerages have recently weighed in on UPST. B. Riley Financial cut their price target on shares of Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Weiss Ratings cut shares of Upstart from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. Morgan Stanley set a $35.00 price objective on shares of Upstart in a research report on Thursday, May 7th. Truist Financial set a $40.00 target price on Upstart in a research note on Wednesday, May 6th. Finally, Piper Sandler reduced their target price on Upstart from $56.00 to $46.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th.

Upstart Price Performance

UPST stock opened at $34.78 on Friday. Upstart has a 52 week low of $23.97 and a 52 week high of $87.30. The business has a 50-day simple moving average of $31.28 and a 200 day simple moving average of $34.37. The company has a market cap of $3.33 billion, a PE ratio of 91.53, a price-to-earnings-growth ratio of 0.91 and a beta of 2.26.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data 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). Upstart had a return on equity of 5.63% and a net margin of 4.34%.The firm had revenue of $308.21 million for the quarter, compared to analyst estimates of $301.30 million. During the same quarter in the previous year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 44.3% on a year-over-year basis. On average, analysts anticipate that Upstart will post 0.92 EPS for the current fiscal year.

Insider Activity at Upstart

In other Upstart news, CEO Paul Gu acquired 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average cost of $27.50 per share, for a total transaction of $1,375,000.00. Following the transaction, the chief executive officer directly owned 70,000 shares in the company, valued at $1,925,000. This represents a 250.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dave Girouard acquired 170,240 shares of Upstart stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of $29.37 per share, for a total transaction of $4,999,948.80. Following the completion of 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 have sold 33,346 shares of company stock worth $991,672 in the last three months. Insiders own 17.29% of the company’s stock.

Institutional Investors Weigh In On Upstart

Hedge funds have recently made changes to their positions in the stock. Cresset Asset Management LLC grew its holdings in shares of Upstart by 3.3% during the 2nd quarter. Cresset Asset Management LLC now owns 5,241 shares of the company’s stock valued at $339,000 after purchasing an additional 169 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Upstart by 29.1% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,068 shares of the company’s stock valued at $69,000 after purchasing an additional 241 shares during the last quarter. Advisory Services Network LLC boosted its position in Upstart by 5.3% in the second quarter. Advisory Services Network LLC now owns 5,399 shares of the company’s stock valued at $349,000 after buying an additional 272 shares in the last quarter. California State Teachers Retirement System boosted its position in Upstart by 0.4% in the second quarter. California State Teachers Retirement System now owns 76,368 shares of the company’s stock valued at $4,939,000 after buying an additional 332 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Upstart by 20.0% during the first quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock worth $92,000 after buying an additional 333 shares during the last quarter. 63.01% of the stock is currently 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.