Upstart Holdings Inc (NASDAQ:UPST)’s traded shares stood at 11.24 million during the last session, with the company’s beta value hitting 2.09. At the close of trading, the stock’s price was $67.80, to imply a decrease of -2.35% or -$1.63 in intraday trading. The UPST share’s 52-week high remains $86.07, putting it -26.95% down since that peak but still an impressive 70.13% since price per share fell to its 52-week low of $20.25. The company has a valuation of $6.19B, with an average of 11.73 million shares in intraday trading volume over the past 10 days and average of 7.96 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Upstart Holdings Inc (UPST), translating to a mean rating of 3.17. Of 12 analyst(s) looking at the stock, 4 analyst(s) give UPST a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.

Upstart Holdings Inc (NASDAQ:UPST) trade information

After registering a -2.35% downside in the last session, Upstart Holdings Inc (UPST) has traded red over the past five days. The 5-day price performance for the stock is 25.60%, and 28.14% over 30 days. With these gigs, the year-to-date price performance is 65.93%. Short interest in Upstart Holdings Inc (NASDAQ:UPST) saw shorts transact 22.48 million shares and set a 3.42 days time to cover.

The extremes give us $12 and $85 for target low and target high price respectively. As such, UPST has been trading -25.37% off suggested target high and 82.3% from its likely low.

Upstart Holdings Inc (UPST) estimates and forecasts

Looking at statistics comparing Upstart Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. Upstart Holdings Inc (UPST) shares are 141.20% up over the last 6 months, with its year-to-date growth rate lower than industry average at -17.86% against 9.60%. Revenue is forecast to grow 63.60% this quarter before jumping 93.50% for the next one. The rating firms project that company’s revenue will grow 3.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 11 analysts is 180.8M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 182.27M.Earnings reports from the last fiscal year show that sales brought in 152.85M and 124.87M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 18.30% before jumping 46.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -76.37% for the past 5-year period. While 2024 is set for a 14.49% return in earnings, projections for the next 5 years are at 77.68% annually.

UPST Dividends

Upstart Holdings Inc has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Upstart Holdings Inc insiders hold 12.57% of total outstanding shares, with institutional holders owning 46.51% of the shares at 53.20% float percentage. In total, 46.51% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 7.3 million shares (or 8.3871% of shares), all amounting to roughly $172.19 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 5.66 million shares, or about 6.5084% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $133.62 million.