Streetbeat News

UPST

Upstart Holdings, Inc.

https://www.upstart.com

Industry

Financial - Credit Services

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. The company was founded in 2012 and is headquartered in San Mateo, California.

Open

65.27

Mkt cap

7.3B

Volume

40M

High

82.25

P/E Ratio

-34.91

52-wk high

82.25

Low

64.59

Div yield

N/A

52-wk low

19.84

JMP Securities analyst Andrew Boone has reiterated a 'Market Perform' rating on Upstart Holdings (NASDAQ:UPST), indicating a neutral outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:12 pm

Shares of companies in the financial sector are down despite strong bank earnings, due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:40 pm

Shares of companies in the financial sector are trading lower due to market weakness following hotter-than-expected March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:02 pm

In the past three months, 5 analysts have provided varied ratings for Upstart Holdings (NASDAQ:UPST), with recent actions including maintaining, raising, and lowering ratings and price targets. The average 12-month price target remains at $25.00. Upstart's financials show challenges in revenue growth, profitability, and asset utilization, with a notable decline in revenue by -5.17% as of December 31, 2023, and a net margin of -31.44%. The company's market capitalization and financial performance indicators like ROE and ROA are below industry averages, despite a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 6:00 pm

Kaua'i Federal Credit Union has chosen Upstart, a leading artificial intelligence (AI) lending platform, to enhance its personal lending services. This partnership aims to leverage Upstart's advanced AI technology to provide more accessible and efficient loan options to the credit union's members.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:02 pm

B of A Securities analyst Nat Schindler reinstates Upstart Holdings (UPST) with an Underperform rating and sets a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:03 pm

Deep-pocketed investors have shown unusual options activity in Upstart Holdings (NASDAQ:UPST), with a bullish sentiment prevailing. Benzinga's options scanner detected 11 significant trades, with a focus on a price band between $20.0 and $75.0. The trading volume and open interest analysis suggest heightened interest in UPST's options. Currently, UPST's stock is up by 1.69% at $27.01, with an RSI indicating it may be approaching overbought territory. An analyst from Piper Sandler maintains a Neutral rating with a target price of $28.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 4:17 pm

Shares of companies in the financial services sector are trading higher following the Federal Reserve's decision to leave interest rates unchanged.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 7:29 pm

Analysts have provided mixed reviews on Upstart Holdings (NASDAQ:UPST) over the past three months, with recent ratings ranging from neutral to underweight. The average 12-month price target for UPST has been adjusted to $25.75, up from $25.00, indicating a positive shift in analyst sentiment. Despite this, Upstart faces challenges in revenue growth, profitability, and asset utilization, with its financial metrics falling below industry averages.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 5:00 pm

Piper Sandler analyst Arvind Ramnani maintains a Neutral rating on Upstart Holdings (UPST) with a $28 price target.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 3:35 pm

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