Upstart Holdings, Inc. (UPST)
| Market Cap | 4.70B |
| Revenue (ttm) | 575.96M |
| Net Income (ttm) | -201.78M |
| Shares Out | 89.51M |
| EPS (ttm) | -2.34 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,163,401 |
| Open | 53.81 |
| Previous Close | 53.13 |
| Day's Range | 51.60 - 54.43 |
| 52-Week Range | 19.84 - 57.40 |
| Beta | 2.02 |
| Analysts | Hold |
| Price Target | 31.50 (-40.05%) |
| 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 $31.5, which is a decrease of -40.05% from the latest price.
News
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...
Things Are Looking Up For Upstart As We Enter An Easing Cycle
The Fed has commenced its easing cycle with a 50bps rate cut last week which will give a lift to Upstart's conversion rates. Upstart is reverting towards being "capital efficient fee based business" a...
Upstart Announces Upsize and Pricing of Offering of $375,000,000 of 2.00% Convertible Senior Notes Due 2029
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Upsize and Pricing of Offering of $375,000,000 of 2.00% Convertible Senior Notes Due 2029.
iTeos Therapeutics, Upstart Holdings And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Monday.
Upstart Announces Proposed Private Offering of $300,000,000 of Convertible Senior Notes Due 2029
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Proposed Private Offering of $300,000,000 of Convertible Senior Notes Due 2029.
Upstart: Robust Near-Term Prospects, But Remains Overly Expensive
UPST's promising FQ3'24 guidance and narrowing adj EBITDA losses have triggered the market's optimism surrounding its intermediate term prospects. Perhaps part of the tailwinds may be attributed to th...
Upstart, Insulet And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed higher by over 400 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
Fibre Federal Credit Union Selects Upstart for Personal Lending
LONGVIEW, Wash. & SAN MATEO, Calif.--(BUSINESS WIRE)--Fibre Federal Credit Union Selects Upstart for Personal Lending.
'THE NEXT NVIDIA': Wall Street expert names 3 stocks that could explode
EMJ Capital founder Eric Jackson discusses why some on Wall Street have soured on Nvidia and whether generative A.I. will live up to the hype on 'Making Money.
Upstart Can Move Higher On Short Interest, Efficiency Gains
Upstart Holdings' share price has rebounded over 60% in the last three months, putting it in the green for 2024. Short interest in Upstart is high, potentially leading to a short squeeze that could dr...
AMOCO Federal Credit Union Selects Upstart for Personal Lending
TEXAS CITY, Texas & SAN MATEO, Calif.--(BUSINESS WIRE)--AMOCO Federal Credit Union Selects Upstart for Personal Lending.
Upstart: The First Really Positive Earnings Call In A While
Upstart Holdings Inc. released its Q2 2024 earnings, leading to a 40% jump in share price, fuelled by operational improvements. The company has shown progress in its AI-based credit decision models, l...
Upstart: Likely Fairly Valued (Rating Downgrade)
Upstart delivered solid Q2 earnings last week that included a strong Q3 revenue projection. Upstart also beat earnings estimates and saw double-digit Q/Q loan growth. The Fintech's shares have surged ...
Upstart Q2 Earnings: Not In Favor Of Its Post-Earnings Rally
Upstart Holdings, Inc. stock surged nearly 40% after beating its Q2 estimates. Despite its revenue and earnings beats, Upstart's financial results softened year-over-year. The company's operating metr...
Upstart Reported Strong Q2, But Analysts Are Concerned About Short Interest And Profitability - Here's Why
Upstart Holdings, Inc. UPST shares are jumping today after it reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates yesterday.
Crude Oil Jumps Over 3%; Upstart Shares Spike Higher
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 250 points on Wednesday.
Upstart Holdings jumps over 45% after Q2 earnings beat estimates, Citi upgrade: Should you buy?
Following an impressive second-quarter earnings report, Upstart Holdings Inc (NASDAQ: UPST) has witnessed a significant shift in analyst perceptions. Notably, Citi upgraded the company from ‘Sell/High...
Upstart Analysts Boost Their Forecasts Following Strong Q2 Results
Upstart Holdings, Inc. UPST reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates on Tuesday.
Upstart Q2 Earnings: A Lofty Price Of 50x EBITDA For This Fintech
Upstart's better-than-expected earnings led to a 20% share price increase, but its high debt and valuation make it a risky investment. The company faces challenges with debt, stock volatility, and mac...
Upstart Holdings, Inc. (UPST) Q2 2024 Earnings Call Transcript
Upstart Holdings, Inc. (NASDAQ:UPST) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Dave Girouard - Co-Founder, Chief Executive Officer Sanjay Datta - Chief Financial...