Upstart Holdings, Inc. (UPST)

NASDAQ: UPST · IEX Real-Time Price · USD
21.71
-0.23 (-1.05%)
Apr 16, 2024, 12:07 PM EDT - Market open
-1.05%
Market Cap 1.88B
Revenue (ttm) 513.56M
Net Income (ttm) -240.13M
Shares Out 86.43M
EPS (ttm) -2.87
PE Ratio n/a
Forward PE 44.84
Dividend n/a
Ex-Dividend Date n/a
Volume 1,759,108
Open 21.43
Previous Close 21.94
Day's Range 21.10 - 21.90
52-Week Range 11.93 - 72.58
Beta 1.94
Analysts Sell
Price Target 24.08 (+10.92%)
Earnings Date May 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]

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 $24.08, which is an increase of 10.92% from the latest price.

Price Target
$24.08
(10.92% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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.

4 days 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...

6 days 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.

12 days 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
21 days 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.

26 days 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.

7 weeks 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...

2 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.

2 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...

2 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.

2 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.

2 months ago - Business Wire

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...

2 months ago - PYMNTS

Upstart Expands AI-Powered Vehicle Financing Nationwide

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart expands AI-powered vehicle financing nationwide, enhances auto retail platform.

2 months ago - Business Wire

Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads

Tyson Foods drops CVS for startup PBM offering drug price transparency

Other symbols: CVSTSN
2 months ago - CNBC

Upstart to Report Fourth Quarter and Full Year 2023 Earnings on February 13, 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Report Fourth Quarter and Full Year 2023 Earnings on February 13, 2024.

3 months ago - Business Wire

A Hollywood Upstart Looks to Become a Major Player

After more than a decade of producing and financing movies and shows, Skydance Media's David Ellison eyes Paramount.

3 months ago - WSJ

Maine Savings Selects Upstart for Personal Lending

HAMPDEN, Maine & SAN MATEO, Calif.--(BUSINESS WIRE)--Maine Savings Selects Upstart for Personal Lending.

3 months ago - Business Wire

Most shorted US stocks in 2024: FSR, UPST, BYND, LMND, AI

American stocks had a great performance in 2023 as the Nasdaq 100 index jumped by more than 55%. The blue-chip S&P 500 index rose by over 22%, making it one of its best years in a long time.

Other symbols: AIBYNDLMND
3 months ago - Invezz

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

3 months ago - Barrons

Mutual Security Credit Union Selects Upstart for Personal Lending

SHELTON, Conn. & SAN MATEO, Calif.--(BUSINESS WIRE)--Mutual Security Credit Union Selects Upstart for Personal Lending.

4 months ago - Business Wire

High Point Federal Credit Union Selects Upstart for Personal Lending

OLEAN, New York & SAN MATEO, Calif.--(BUSINESS WIRE)--High Point Federal Credit Union Selects Upstart for Personal Lending.

4 months ago - Business Wire

REGIONAL federal credit union Selects Upstart for Personal Lending

VALPARAISO, Ind. & SAN MATEO, Calif.--(BUSINESS WIRE)--REGIONAL federal credit union Selects Upstart for Personal Lending.

5 months ago - Business Wire

Upstart Stock Sinks After Earnings. Here's Why One Analyst Remains Bullish.

BTIG's Lance Jessurun sticks with his Buy recommendation on the stock.

5 months ago - Barrons

Upstart's stock could post worst day in a year as analysts see more pain ahead

Upstart Holdings Inc. continues to find itself in a challenging spot as would-be borrowers back away from loans with high interest rates, and that could help push its volatile stock toward its worst d...

5 months ago - Market Watch

Upstart stock price forecast: Avoid as UPST woes mount

Upstart (NASDAQ: UPST) stock price was among the worst-performing companies in the premarket session on Wednesday. The company, which describes itself as the leading AI lending marketplace, crashed by...

5 months ago - Invezz