Surging Earnings Estimates Signal Upside for Upstart (UPST) Stock

Core Viewpoint - Upstart Holdings, Inc. (UPST) is experiencing a positive shift in earnings estimates, which is likely to drive its stock price higher due to strong short-term price momentum and improving earnings outlook [1][2]. Earnings Estimate Revisions - Current-quarter earnings estimate is $0.15 per share, reflecting a year-over-year increase of +148.39% [4]. - Over the last 30 days, the Zacks Consensus Estimate for Upstart has risen by 49.49%, with two estimates moving higher and no negative revisions [4]. - For the full year, the expected earnings are $1.13 per share, indicating a year-over-year change of +665% [5]. - In the past month, four estimates have increased for Upstart, contributing to a 56.22% rise in the consensus estimate with no negative revisions [5]. Zacks Rank and Performance - Upstart has achieved a Zacks Rank 2 (Buy), indicating favorable estimate revisions that suggest strong investment potential [6]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging an annual return of +25% since 2008 [3][6]. - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500, highlighting the potential for Upstart's stock [6]. Recent Stock Performance - Upstart shares have increased by 30.9% over the past four weeks, indicating investor confidence in its earnings growth prospects [7].