Group 1 - Upstart Holdings, Inc. closed at $63.30, with a slight increase of +0.21% from the previous trading session, underperforming the S&P 500 which gained 0.72% [1] - Over the past month, shares of Upstart Holdings, Inc. have decreased by 0.55%, while the Finance sector and S&P 500 gained 3.24% and 1.02% respectively [1] - The upcoming earnings report is scheduled for February 11, 2025, with projected earnings per share (EPS) of -$0.05, indicating a 54.55% increase year-over-year, and a revenue estimate of $180.06 million, reflecting a 28.33% rise from the same quarter last year [2] Group 2 - Recent changes in analyst estimates for Upstart Holdings, Inc. are important as they reflect the shifting dynamics of short-term business patterns, with positive changes indicating analyst optimism [3] - The Zacks Rank system, which assesses estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Upstart Holdings, Inc. currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] Group 3 - Upstart Holdings, Inc. is trading at a Forward P/E ratio of 94.28, significantly higher than the industry average Forward P/E of 10.04, suggesting it is trading at a premium [6] - The Financial - Miscellaneous Services industry, part of the Finance sector, has a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Wall Street expects a year-over-year increase in earnings on higher revenues when Upstart Holdings, Inc. (UPST) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

The online lending marketplace still has a bright future.Upstart's (UPST -3.82%) stock more than doubled over the past 12 months. The online lending marketplace, which had fallen out of favor as interest rates rose in 2022 and 2023, became more attractive as the Federal Reserve finally reined in rates again.But even after that impressive rally, Upstart's stock still trades more than 80% below its all-time high from October 2021. Let's check out four reasons it's worth accumulating before it posts its fourth ...

Upstart Holdings, Inc. (UPST) , an AI-driven fintech disruptor, has delivered an impressive 35.9% surge over the past three months, far outpacing the Financial Select Sector SPDR Fund (XLF) ETF and the S&P 500, which gained 10.3% and 6.5%, respectively. While this rally reflects growing investor confidence, a question arises: Is now the time to buy, hold or sell? Given Upstart Holdings’ long-term potential and current valuation, holding the stock appears to be the best strategy.3-Month Price Return Performa ...

In the latest market close, Upstart Holdings, Inc. (UPST) reached $66.07, with a -0.68% movement compared to the previous day. This change lagged the S&P 500's 0.47% loss on the day. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq decreased by 0.51%.Heading into today, shares of the company had gained 8.04% over the past month, outpacing the Finance sector's gain of 4.45% and the S&P 500's gain of 1.67% in that time.Investors will be eagerly watching for the performa ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Icon for the smartphone apps DeepSeek is seen on a smartphone screen in Beijing, Tuesday, Jan. 28, 2025. Credit: AP Photo/Andy Wong The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fun ...

These two stocks had a lot of hype in 2020 and 2021 but crashed, and they have been trying to reclaim their former glory ever since.Some of the newer financial technology stocks (or fintechs) have endured wide-ranging interest rates, making for a wild ride. Upstart Holdings (UPST -2.70%) and SoFi Technologies (SOFI -0.61%) went public between 2020 and 2021 amid zero-percent interest rates intended to buoy the U.S. economy during the coronavirus epidemic.However, these rates ultimately inflated a stock marke ...

The stock market was having a generally strong day on Wednesday, with the S&P 500 (^GSPC 1.62%) and Nasdaq Composite (^IXIC 2.13%) up by 1.7% and 2.3%, respectively, as of 10:30 a.m. ET. However, several financial technology, or fintech, stocks were spiking much higher.Lending technology platform Upstart (UPST 9.10%) was higher by 12%, innovative brokerage app provider Robinhood (HOOD 9.96%) gained nearly 10%, and real estate technology platform Opendoor (OPEN 10.95%) was up by as much as 13% for the day. A ...

Shares of Upstart (UPST -2.50%) stock gained 51% in 2024 according to data provided by S&P Global Market Intelligence. The AI credit evaluation company might have hit rock bottom, and the market expects lower interest rates to help it climb back up.Everyone loves a disruptorUpstart stock earned a lot of fans early in its time on the market. It was reporting staggeringly high growth and soaring profitability. Investors couldn't fathom that the tide might turn under different conditions, but the reason behind ...

Core Viewpoint - Upstart's stock has experienced significant volatility since its IPO, but recent trends indicate a potential recovery as interest rates decline and the business stabilizes, suggesting a favorable outlook for investors [1][3]. Company Performance - Upstart's online lending platform utilizes AI to approve loans based on nontraditional data points, allowing it to serve a broader range of customers [4]. - The company saw impressive growth metrics in 2021, with originated loans growth at 338%, a conversion rate of 24%, and a revenue growth of 264% [6]. - However, in 2022 and 2023, the company faced challenges as interest rates rose, leading to a decline in originated loans, conversion rates, and revenue [6][7]. Recent Developments - As of the first nine months of 2024, Upstart's loans grew again with rising conversion rates due to declining interest rates, and adjusted EBITDA turned positive in Q3 [7]. - Analysts project a 17% revenue increase for 2024, with expectations of a CAGR of 29% from 2024 to 2026, reaching $995 million by 2026 [9]. Financial Position - Upstart ended Q3 2024 with a high debt-to-equity ratio of 2.2 but has refinanced a significant portion of its convertible debt, extending maturities to 2029 [10]. - The company's enterprise value is currently $5.8 billion, translating to 7 times next year's sales, which could rise to 12 times next year's sales if the stock reaches $100 [12]. Market Outlook - The CFO noted improving market conditions and liquidity in the banking sector, which could enhance Upstart's lending environment [11]. - The introduction of the T-Prime program aims to attract super prime borrowers, reducing exposure to riskier customers [11].