Upstart Holdings, Inc. (UPST)

NASDAQ: UPST · IEX Real-Time Price · USD
27.11
+0.19 (0.71%)
At close: Jul 12, 2024, 4:00 PM
27.20
+0.09 (0.33%)
After-hours: Jul 12, 2024, 7:59 PM EDT
0.71%
Market Cap 2.38B
Revenue (ttm) 538.43M
Net Income (ttm) -175.48M
Shares Out 87.88M
EPS (ttm) -2.05
PE Ratio n/a
Forward PE 44.84
Dividend n/a
Ex-Dividend Date n/a
Volume 5,980,798
Open 26.89
Previous Close 26.92
Day's Range 26.30 - 27.55
52-Week Range 19.84 - 72.58
Beta 1.97
Analysts Sell
Price Target 26.23 (-3.25%)
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]

Industry Credit Services
Sector Financials
IPO Date Dec 16, 2020
Employees 1,388
Stock Exchange NASDAQ
Ticker Symbol UPST
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for UPST stock is "Sell." The 12-month stock price forecast is $26.23, which is a decrease of -3.25% from the latest price.

Price Target
$26.23
(-3.25% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Upstart stock price is showing signs of bottoming

Upstart (UPST) stock has continued to struggle this year, benefiting investors who have shorted the company. It has dropped by more than 34% this year while the Nasdaq 100 and S&P 500 indices have ris...

2 days ago - Invezz

Upstart to Report Second Quarter 2024 Earnings on Aug. 6, 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Report Second Quarter 2024 Earnings on Aug. 6, 2024.

5 days ago - Business Wire

Diamond Credit Union Selects Upstart for Personal Lending

POTTSTOWN, Pa. & SAN MATEO, Calif.--(BUSINESS WIRE)--Diamond Credit Union Selects Upstart for Personal Lending.

24 days ago - Business Wire

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.

24 days ago - Reuters

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...

24 days ago - PRNewsWire

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.

5 weeks ago - Invezz

Seattle Credit Union Selects Upstart for Personal Lending

SEATTLE & SAN MATEO, Calif.--(BUSINESS WIRE)--Seattle Credit Union Selects Upstart for Personal Lending.

6 weeks ago - Business Wire

Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans

Consumers are acting vastly different depending on income level.

Other symbols: AXPGRMNTSN
2 months ago - CNBC

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...

2 months ago - PYMNTS

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.

2 months ago - Market Watch

Upstart Announces First Quarter 2024 Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces First Quarter 2024 Results.

2 months ago - Business Wire

Upstart Launches First AI Certification Program for Financial Services

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart launches first AI Certification Program for Financial Services.

2 months ago - Business Wire

Upstart Launches Recognized Customer Personalization

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Launches Recognized Customer Personalization.

2 months ago - Business Wire

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

Other symbols: SPWRVLCN
3 months ago - Invezz

Liberty Savings Bank Selects Upstart for Personal Lending

WILMINGTON, Ohio & SAN MATEO, Calif.--(BUSINESS WIRE)--Liberty Savings Bank Selects Upstart for Personal Lending.

4 months ago - Business Wire

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.

5 months ago - Business Wire

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...

5 months ago - Invezz

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.

5 months ago - Barrons

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...

5 months ago - PYMNTS

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.

5 months ago - Market Watch

Upstart Announces Fourth Quarter and Full Year 2023 Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Fourth Quarter and Full Year 2023 Results.

5 months ago - Business Wire