In recent trading session, Upstart Holdings Inc (NASDAQ:UPST) saw 2.25 million shares changing hands at last check today with its beta currently measuring 2.24. Company’s recent per share price level of $69.90 trading at $2.67 or 3.97% at last check today assigns it a market valuation of $6.38B. That most recent trading price of UPST’s stock is at a discount of -27.25% from its 52-week high price of $88.95 and is indicating a premium of 70.53% from its 52-week low price of $20.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.92 million shares which gives us an average trading volume of 7.67 million if we extend that period to 3-months.
For Upstart Holdings Inc (UPST), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.06. Splitting up the data highlights that, out of 12 analysts covering the stock, 4 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.
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Upstart Holdings Inc (NASDAQ:UPST) trade information
Upright in the green today for gaining 3.97%, in the last five days UPST remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $69.90 price level, adding 19.65% to its value on the day. Upstart Holdings Inc’s shares saw a change of 71.07% in year-to-date performance and have moved -17.24% in past 5-day. Upstart Holdings Inc (NASDAQ:UPST) showed a performance of -0.71% in past 30-days. Number of shares sold short was 21.57 million shares which calculate 2.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 45 to the stock, which implies a fall of -55.33% to its recent value today. Analysts have been projecting 33 as a low price target for the stock while placing it at a high target of 85. It follows that stock’s current price would jump 52.79% in reaching the projected high whereas dropping to the targeted low would mean a gain of 52.79% for stock’s current value.
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 added 201.03% of value to its shares in past 6 months, showing an annual growth rate of -10.71% while that of industry is 7.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 16.66% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 182.08M for the same. And 10 analysts are in estimates of company making revenue of 184.24M in the next quarter. Company posted 140.31M and 127.79M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -76.37% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 15.28% while estimates for its earnings growth in next 5 years are of 30.00%.
Upstart Holdings Inc (NASDAQ:UPST)’s Major holders
Insiders are in possession of 12.52% of company’s total shares while institution are holding 56.51 percent of that, with stock having share float percentage of 64.60%. Investors also watch the number of corporate investors in a company very closely, which is 56.51% institutions for Upstart Holdings Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at UPST for having 7.3 million shares of worth $172.19 million. And as of 2024-06-30, it was holding 8.3871 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 5.66 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5084 of outstanding shares, having a total worth of $133.62 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.37 shares of worth $166.35 million or 2.59% of the total outstanding shares. The later fund manager was in possession of 1.98 shares on Oct 31, 2024, making its stake of worth around $139.44 million in the company or a holder of 2.17% of company’s stock.
