Upstart Holdings, Inc. (UPST)
| Market Cap | 6.42B |
| Revenue (ttm) | 604.94M |
| Net Income (ttm) | -168.22M |
| Shares Out | 91.23M |
| EPS (ttm) | -1.92 |
| PE Ratio | n/a |
| Forward PE | 334.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,863,598 |
| Open | 71.39 |
| Previous Close | 71.11 |
| Day's Range | 68.60 - 73.94 |
| 52-Week Range | 20.60 - 86.07 |
| Beta | 1.98 |
| Analysts | Hold |
| Price Target | 50.94 (-27.64%) |
| Earnings Date | Nov 7, 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, Upstart Holdings's revenue was $548.46 million, a decrease of -35.72% compared to the previous year's $853.29 million. Losses were -$240.13 million, 121.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for UPST stock is "Hold." The 12-month stock price forecast is $50.94, which is a decrease of -27.64% from the latest price.
News
DR Bank Chooses Upstart's Small-Dollar Loan Product to Expand Access to Credit
SAN MATEO, Calif.--(BUSINESS WIRE)--DR Bank Chooses Upstart's Small-Dollar Loan Product to Expand Access to Credit.
UNCLE Credit Union Selects Upstart for Personal Lending
LIVERMORE, Calif. & SAN MATEO, Calif.--(BUSINESS WIRE)--UNCLE Credit Union Selects Upstart for Personal Lending.
Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030.
Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030.
Upstart: This Is The Perfect Time To Sell (Rating Downgrade)
Upstart's Q3 earnings exceeded expectations, driven by strong demand for personal and auto loans, resulting in a 46% surge in share price and a $2.2B market cap increase. The fintech's revenue grew 27...
Upstart: Don't Get Too Much Excited
Upstart Holdings has shown improved operating momentum in Q3, with a 43% increase in lending volume and positive adjusted EBITDA, but remains a risky investment. The company's AI lending models are st...
Fintechs Upstart and Toast soar on earnings
Wall Street applauded results from fintech companies Upstart and Toast. Both companies reported better-than-expected quarterly results.
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services' Digital Makeover
On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5)...
Upstart's Enhanced Lending Model Drives Revenue Growth, Analyst Sees Further Upside Potential
Piper Sandler analyst Arvind Ramnani upgraded Upstart Holdings, Inc. UPST to Overweight from Neutral, raising the price forecast to $85 from $31.
Upstart Stock Sails Higher as Lending Boom Boosts Q3 Results
Upstart stock is scaling the charts Friday after the AI lending platform beat Q3 expectations on strong loan growth. Here's what you need to know.
Upstart's stock roars higher. Here's why analysts say the tide is turning.
Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.
Top 3 Financials Stocks That May Fall Off A Cliff This Month
As of Nov. 8, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Upstart Holdings, Inc. (UPST) Q3 2024 Earnings Call Transcript
Upstart Holdings, Inc. (NASDAQ:UPST) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Alice Berry - Senior Director of Investor Relations Dave Girouard - Co-Founder &...
Upstart's return to ‘growth mode' helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.
Upstart Announces Third Quarter 2024 Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Third Quarter 2024 Results.
The Big 3: CCJ, UNH, UPST
Mike Shorr of @ProsperTradingAcademy swings by with a nuclear power play: Cameco (CCJ). He says A.I. power demand will mean big things for this space, but says CCJ is a technical play. Mike also pro...
Upstart Launches T-Prime
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Launches T-Prime.
KBRA Assigns Preliminary Ratings to Upstart Securitization Trust 2024-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Upstart Securitization Trust 2024-1 (“UPST 2024-1”), a $208.001 million consumer l...
WECU Selects Upstart for Personal Lending
BELLINGHAM, Wash. & SAN MATEO, Calif.--(BUSINESS WIRE)--WECU Selects Upstart for Personal Lending.
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of quarterly reports has yet to be seen from the digital ...
Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement
SAN MATEO, Calif.--(BUSINESS WIRE)--Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement.
Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital.
Upstart to Report Third Quarter 2024 Earnings on Nov. 7, 2024
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Report Third Quarter 2024 Earnings on Nov. 7, 2024.
MIT Federal Credit Union Selects Upstart for Personal Lending
LEXINGTON, Mass. & SAN MATEO, Calif.--(BUSINESS WIRE)--MIT Federal Credit Union Selects Upstart for Personal Lending.
Upstart Holdings: Fed Catalyst Is Kicking Off
Upstart Holdings is set to benefit from the central bank's recent 50 bps rate cut, boosting loan originations and sales growth. The fintech's sales stabilized in Q2, but profitability remains a challe...