Analysts Set Upstart Holdings, Inc. (NASDAQ:UPST) Price Target at $60.36

Shares of Upstart Holdings, Inc. (NASDAQ:UPST) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $60.3636.

Several research firms have commented on UPST. The Goldman Sachs Group reissued a “sell” rating and set a $40.00 target price on shares of Upstart in a research report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Upstart in a report on Monday, December 29th. Stephens cut their price objective on Upstart from $55.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. BTIG Research reaffirmed a “neutral” rating on shares of Upstart in a research report on Wednesday, November 5th. Finally, Bank of America cut their price target on shares of Upstart from $81.00 to $71.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th.

Upstart Trading Up 0.4%

NASDAQ UPST opened at $48.12 on Friday. The business has a fifty day simple moving average of $44.78 and a 200 day simple moving average of $57.38. Upstart has a 12 month low of $31.40 and a 12 month high of $96.43. The firm has a market capitalization of $4.68 billion, a P/E ratio of 218.74 and a beta of 2.28.

Upstart (NASDAQ:UPST) last posted its earnings results on Tuesday, November 4th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.10. Upstart had a net margin of 3.33% and a return on equity of 3.68%. The firm had revenue of $258.54 million during the quarter, compared to analyst estimates of $288.94 million. During the same quarter in the prior year, the business posted ($0.07) EPS. The business’s revenue was up 70.9% compared to the same quarter last year. As a group, sell-side analysts predict that Upstart will post -0.03 EPS for the current fiscal year.

Insider Activity at Upstart

In other news, CFO Sanjay Datta sold 13,624 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $36.58, for a total transaction of $498,365.92. Following the completion of the transaction, the chief financial officer directly owned 284,280 shares of the company’s stock, valued at $10,398,962.40. This represents a 4.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Natalia Mirgorodskaya sold 821 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $36.62, for a total transaction of $30,065.02. Following the sale, the insider owned 27,160 shares of the company’s stock, valued at approximately $994,599.20. The trade was a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 16,707 shares of company stock valued at $633,080 in the last three months. Insiders own 16.67% of the company’s stock.

Institutional Investors Weigh In On Upstart

Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in Upstart by 89.5% in the first quarter. AQR Capital Management LLC now owns 96,706 shares of the company’s stock worth $4,451,000 after purchasing an additional 45,664 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Upstart by 13.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock valued at $213,000 after acquiring an additional 563 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Upstart by 20.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock valued at $92,000 after acquiring an additional 333 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Upstart by 18.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,017 shares of the company’s stock worth $7,964,000 after acquiring an additional 27,287 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in Upstart by 70.8% in the 1st quarter. Intech Investment Management LLC now owns 74,134 shares of the company’s stock worth $3,412,000 after purchasing an additional 30,739 shares during the period. Hedge funds and other 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.