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Upstart Holdings Inc. (NASDAQ:UPST) Stock Has Fallen -84.88% YTD, What Do Analysts Anticipate Next?

In last trading session, Upstart Holdings Inc. (NASDAQ:UPST) saw 9.72 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $22.87 trading at -$0.16 or -0.69% at ring of the bell on the day assigns it a market valuation of $1.97B. That closing price of UPST’s stock is at a discount of -1655.53% from its 52-week high price of $401.49 and is indicating a premium of 1.97% from its 52-week low price of $22.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.5 million shares which gives us an average trading volume of 8.25 million if we extend that period to 3-months.

Upstart Holdings Inc. (NASDAQ:UPST) trade information

Upright in the red during last session for losing -0.69%, in the last five days UPST remained trading in the red while hitting it’s week-highest on Thursday, 09/15/22 when the stock touched $22.87 price level, adding 14.25% to its value on the day. Upstart Holdings Inc.’s shares saw a change of -84.88% in year-to-date performance and have moved -9.64% in past 5-day. Upstart Holdings Inc. (NASDAQ:UPST) showed a performance of -14.79% in past 30-days. Number of shares sold short was 25.75 million shares which calculate 3.34 days to cover the short interests.

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Upstart Holdings Inc. (UPST) estimates and forecasts

Statistics highlight that Upstart Holdings Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -82.02% of value to its shares in past 6 months, showing an annual growth rate of -70.04% while that of industry is 5.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -83.90% in the current quarter and calculating -60.00% decrease in the next quarter. This year revenue growth is estimated to rise 28.00% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $241.63 million for the same. And 10 analysts are in estimates of company making revenue of $248.92 million in the next quarter that will end on Sep 2022.

In 2022, company’s earnings growth rate is likely to be around -71.30% while estimates for its earnings growth in next 5 years are of 30.00%.

UPST Dividends

Upstart Holdings Inc. is more likely to be releasing its next quarterly report between March 15 and March 21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Upstart Holdings Inc. (NASDAQ:UPST)’s Major holders

Insiders are in possession of 13.73% of company’s total shares while institution are holding 47.81 percent of that, with stock having share float percentage of 55.42%. Investors also watch the number of corporate investors in a company very closely, which is 47.81% institutions for Upstart Holdings Inc. that are currently holding shares of the company. Vulcan Value Partners, LLC is the top institutional holder at UPST for having 7.24 million shares of worth $789.94 million. And as of Mar 30, 2022, it was holding 8.54% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 5.82 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 6.87% of outstanding shares, having a total worth of $635.14 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 1.94 million shares of worth $211.81 million or 2.29% of the total outstanding shares. The later fund manager was in possession of 1.69 million shares on Mar 30, 2022, making its stake of worth around $183.92 million in the company or a holder of 1.99% of company’s stock.

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