Upstart Holdings, Inc. (UPST) Stock Dips While Market Gains: Key Facts

Core Insights - Upstart Holdings, Inc. (UPST) closed at $48.22, reflecting a -1.4% change from the previous day, underperforming the S&P 500 which gained 0.32% [1] - Over the past month, UPST shares have appreciated by 17.08%, significantly outperforming the Finance sector's gain of 5.94% and the S&P 500's gain of 4.7% [1] Earnings Performance - Upstart Holdings is expected to report an EPS of $0.47, representing an 80.77% increase from the same quarter last year [2] - The consensus estimate for revenue is projected at $288.47 million, indicating a 31.74% rise from the equivalent quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates forecast earnings of $1.68 per share and revenue of $1.04 billion for the full year, reflecting year-over-year changes of +940% and +62.77%, respectively [3] Analyst Estimates - Changes in analyst estimates for Upstart Holdings are crucial as they often reflect shifts in short-term business dynamics, with positive adjustments indicating a favorable outlook on business health and profitability [4] Zacks Rank - Upstart Holdings currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [6] - The Zacks Rank system has shown that 1 ranked stocks yield an average annual return of +25% since 1988 [6] Valuation Metrics - Upstart Holdings has a Forward P/E ratio of 29.2, which is a premium compared to its industry's Forward P/E of 12.31 [7] - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 100, placing it in the top 41% of over 250 industries [7]