Upstart Holdings Inc (NASDAQ:UPST) price on current trading day, rose 6.72% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $51.00.
A look at the stock’s price movement, the close in the last trading session was $47.79, moving within a range at $48.06 and $51.6895. The beta value (5-Year monthly) was 2.252. Turning to its 52-week performance, $96.43 and $20.60 were the 52-week high and 52-week low respectively. Overall, UPST moved -41.31% over the past month.
Upstart Holdings Inc’s market cap currently stands at around $4.78 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-10.
Analysts have a consensus estimate of 201.1M for the company’s revenue for the quarter, with a low and high estimate of 199.61M and 204M respectively. The average forecast suggests up to a 57.36% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.01B, representing a 58.27% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UPST is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
12 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 2 recommend UPST as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 4 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
UPST’s current price about -12.67% and -20.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.85, while 7-day volatility ratio is 6.62% and 8.32% in the 30-day chart. Further, Upstart Holdings Inc (UPST) has a beta value of 2.38, and an average true range (ATR) of 5.07. Analysts have given the company’s stock an average 52-week price target of $48, forecast between a low of $45 and high of $85. Looking at the price targets, the low is 11.76% off current price level while to achieve the yearly target high, price needs to move -66.67%. Nonetheless, investors will most likely welcome a 5.88% jump to $48 which is the analysts’ median price.
If we refocus on Upstart Holdings Inc (NASDAQ:UPST), historical trading data shows that trading volumes averaged 5.54 over the past 10 days and 5.81 million over the past 3 months. The company’s latest data on shares outstanding shows there are 93.47 million shares.
The 13.23% of Upstart Holdings Inc’s shares are in the hands of company insiders while institutional holders own 62.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 16.72 million on 2025-02-28, giving us a short ratio of 2.25. The data shows that as of 2025-02-28 short interest in Upstart Holdings Inc (UPST) stood at 2034.9999999999998 of shares outstanding, with shares short falling to 17.92 million registered in 2025-01-31. Current price change has pushed the stock -17.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UPST stock continues to rise going into the next quarter.
