Upstart Holdings, Inc. (UPST)
| Market Cap | 2.02B |
| Revenue (ttm) | 538.43M |
| Net Income (ttm) | -175.48M |
| Shares Out | 87.88M |
| EPS (ttm) | -2.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,920,609 |
| Open | 22.87 |
| Previous Close | 22.90 |
| Day's Range | 22.31 - 23.21 |
| 52-Week Range | 19.84 - 72.58 |
| Beta | 2.01 |
| Analysts | Sell |
| Price Target | 26.23 (+14.19%) |
| Earnings Date | Aug 6, 2024 |
About UPST
Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California. [Read more]
Financial Performance
In 2023, UPST's revenue was $513.56 million, a decrease of -39.04% compared to the previous year's $842.44 million. Losses were -$240.13 million, 121.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for UPST stock is "Sell." The 12-month stock price forecast is $26.23, which is an increase of 14.19% from the latest price.
News
Diamond Credit Union Selects Upstart for Personal Lending
POTTSTOWN, Pa. & SAN MATEO, Calif.--(BUSINESS WIRE)--Diamond Credit Union Selects Upstart for Personal Lending.
Castlelake to buy up to $1.2 bln in consumer loans from Upstart
Private credit lender Castlelake will buy up to $1.2 billion in consumer installment loans from fintech firm Upstart to expand its foothold in the retail lending space, it said on Thursday.
Castlelake Agrees to Purchase up to $1.2 Billion of Consumer Installment Loans Originated on Upstart's Platform
MINNEAPOLIS , June 20, 2024 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit investments, has reached an agreement to...
Upstart stock price could crash 45%: BTIG analyst warns
Upstart (NASDAQ: UPST) stock price is down more than 5.0% on Friday after a BTIG analyst issued a super bearish note against it.
Seattle Credit Union Selects Upstart for Personal Lending
SEATTLE & SAN MATEO, Calif.--(BUSINESS WIRE)--Seattle Credit Union Selects Upstart for Personal Lending.
Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
Consumers are acting vastly different depending on income level.
Upstart, Like Its Customers, Remains Focused on Return to Growth
If you are in the business of providing loans, there will always be a demand for your product. As for the customers that need to be served, the total addressable market (TAM) for annual loan originat...
Upstart beats on earnings but misses with its forecast
Upstart Holdings Inc. beat expectations with its latest earnings, but the company's forecast for the current quarter came up short.
Upstart Announces First Quarter 2024 Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces First Quarter 2024 Results.
Upstart Launches First AI Certification Program for Financial Services
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart launches first AI Certification Program for Financial Services.
Upstart Launches Recognized Customer Personalization
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Launches Recognized Customer Personalization.
PriorityONE Credit Union of Florida Selects Upstart for Personal Lending
SUNRISE, Fla. & SAN MATEO, Calif.--(BUSINESS WIRE)--PriorityONE Credit Union of Florida Selects Upstart for Personal Lending.
Upstart to Report First Quarter 2024 Earnings on May 7, 2024
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Report First Quarter 2024 Earnings on May 7, 2024.
Former Upstart Founding Executive, Jeff Keltner, Joins LawFi as Strategic Advisor
JACKSONVILLE, Fla.--(BUSINESS WIRE)--LawFi, Inc., (“LawFi”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” is pleased to announce the addition of Mr. Jeff Keltner to our gr...
Kaua'i Federal Credit Union Selects Upstart for Personal Lending
LIHUE, Hawaii & SAN MATEO, Calif.--(BUSINESS WIRE)--Kaua'i Federal Credit Union Selects Upstart for Personal Lending.
Shorts prevail as SunPower, Volcon, Upstart (UPST) stocks plunge
Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continu...
Liberty Savings Bank Selects Upstart for Personal Lending
WILMINGTON, Ohio & SAN MATEO, Calif.--(BUSINESS WIRE)--Liberty Savings Bank Selects Upstart for Personal Lending.
Upstart Delivers Reservation and Deposit System for New Kia EV9 SUV
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Delivers Reservation and Deposit System for New Kia EV9 SUV.
Upstart stock plunges 16% on revenue and EBITDA forecast miss, where's it headed?
Upstart Holdings, Inc. (NASDAQ: UPST), a prominent player in the artificial intelligence (AI) lending marketplace, faced a significant downturn in its stock price, plummeting by 16% following the rele...
Upstart's Outlook Was a ‘Shock.' The Stock Sinks.
Chief Financial Officer Sanjay Datta says rising delinquencies have started to make their way to more affluent borrowers.
Upstart Says Automated Credit Origination Process Draws ‘Best Borrowers'
Upstart achieved an all-time high in its automated credit origination process in the fourth quarter. The artificial intelligence (AI) lending marketplace had 89% of its unsecured loans approved throug...
Upstart whiffs on earnings outlook while seeing ‘difficult lending environment'
Upstart Holdings Inc. whiffed with its outlook for the current quarter, even as it beat top-line expectations in the most recent one.
Upstart Announces Fourth Quarter and Full Year 2023 Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Fourth Quarter and Full Year 2023 Results.
Upstart to Expand Vehicle Financing to Another 13 States
Upstart plans to expand its auto retail financing capability to another 13 states during the first quarter. The lending marketplace aims to reach 90% of U.S. consumers by the end of the quarter, up fr...
Upstart Expands AI-Powered Vehicle Financing Nationwide
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart expands AI-powered vehicle financing nationwide, enhances auto retail platform.