After The Stock Fell -7.06% Over The Week, Is Upstart Holdings Inc (NASDAQ: UPST) Still A Buy?

Upstart Holdings Inc (NASDAQ:UPST)’s traded shares stood at 1.23 million during the latest session, with the company’s beta value hitting 2.24. At the last check today, the stock’s price was $66.70, to imply a decrease of -0.04% or -$0.03 in intraday trading. The UPST share’s 52-week high remains $96.43, putting it -44.57% down since that peak but still an impressive 69.12% since price per share fell to its 52-week low of $20.60.

Analysts have given a consensus recommendation of Hold for Upstart Holdings Inc (UPST), translating to a mean rating of 2.78. 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 0.17.

Upstart Holdings Inc (NASDAQ:UPST) trade information

After registering a -0.04% downside in the latest session, Upstart Holdings Inc (UPST) has traded red over the past five days. The 5-day price performance for the stock is -7.06%, and 0.95% over 30 days. With these gigs, the year-to-date price performance is 8.33%.

The extremes give us $45 and $85 for target low and target high price respectively. As such, UPST has been trading -27.44% off suggested target high and 32.53% from its likely low.

Upstart Holdings Inc (UPST) estimates and forecasts

The rating firms project that company’s revenue will grow 58.27% compared to the previous financial year.

Revenue forecast for the current quarter as set by 11 analysts is 201.1M. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 225.41M.Earnings reports from the last fiscal year show that sales brought in 127.79M and 127.63M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 57.36% before jumping 76.61% in the following quarter.

UPST Dividends

Upstart Holdings Inc has its next earnings report out in March. 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

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.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Upstart Holdings Inc (UPST) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 2.37 shares. This is just over 2.53% of the total shares, with a market valuation of $158.51 million. Data from the same date shows that the other fund manager holds a little less at 2.12, or 2.26% of the shares, all valued at about 141.85 million.