Upstart Holdings, Inc. (NASDAQ:UPST) Receives $47.77 Consensus Target Price from Brokerages

Upstart Holdings, Inc. (NASDAQ:UPST) has been given an average rating of “Hold” by the sixteen research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $48.00.

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Upstart in a research note on Monday, December 29th. Mizuho decreased their target price on shares of Upstart from $66.00 to $51.00 and set an “outperform” rating on the stock in a research report on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $40.00 price target on shares of Upstart in a research note on Wednesday, March 11th. BTIG Research upgraded shares of Upstart from a “neutral” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Monday, March 16th. Finally, Zacks Research cut Upstart from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th.

Upstart Price Performance

NASDAQ:UPST opened at $24.77 on Thursday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 58.98, a PEG ratio of 0.64 and a beta of 2.44. The business has a 50 day moving average of $32.86 and a 200 day moving average of $43.27. Upstart has a 1-year low of $24.43 and a 1-year high of $87.30.

Upstart (NASDAQ:UPST) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The business had revenue of $296.09 million for the quarter, compared to analysts’ expectations of $288.54 million. Upstart had a net margin of 5.13% and a return on equity of 6.30%. The business’s quarterly revenue was up 35.2% on a year-over-year basis. During the same period last year, the business earned $0.26 earnings per share. As a group, sell-side analysts anticipate that Upstart will post -0.03 EPS for the current year.

Upstart announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 19th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Upstart

In related news, CFO Sanjay Datta sold 7,982 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $29.86, for a total transaction of $238,342.52. Following the transaction, the chief financial officer directly owned 276,688 shares in the company, valued at $8,261,903.68. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders sold 9,481 shares of company stock worth $282,201. 16.67% of the stock is owned by company insiders.

Institutional Trading of Upstart

Several hedge funds and other institutional investors have recently bought and sold shares of UPST. Clearstead Advisors LLC purchased a new stake in shares of Upstart during the third quarter valued at approximately $25,000. Bayforest Capital Ltd purchased a new position in shares of Upstart in the fourth quarter worth $25,000. Quarry LP increased its stake in shares of Upstart by 749.2% in the third quarter. Quarry LP now owns 501 shares of the company’s stock worth $25,000 after buying an additional 442 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Upstart by 132.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock valued at $39,000 after buying an additional 439 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in Upstart during the 4th quarter valued at $40,000. Institutional investors own 63.01% of the company’s stock.

Upstart Company Profile

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.