Core Viewpoint - Upstart Holdings Inc reported adjusted fourth-quarter earnings of 46 cents per share, slightly below the estimated 47 cents, while revenue exceeded expectations [1] Group 1: Earnings and Revenue - The adjusted earnings per share for the fourth quarter were 46 cents, missing the consensus estimate of 47 cents [1] - Revenue for the fourth quarter surpassed estimates, indicating a positive trend in sales despite the earnings miss [1] Group 2: Stock Performance - Shares of Upstart Holdings Inc are down 15.6%, trading at $32.88, and have decreased by 48% over the past 12 months [1][2] - The stock is currently trading below its descending 100-day moving average and is close to its 18-month low of $31.40 [2] Group 3: Analyst Reactions - Analysts have issued three price-target cuts, with Truist reducing its target from $59 to $49, while the 12-month consensus price target remains at $60.33, representing a 79.4% premium to current levels [1] Group 4: Options Market Activity - The call/put volume ratio for Upstart is 2.87, indicating a higher-than-usual appetite for bearish bets compared to bullish ones [3] - The stock's put/call open interest ratio of 1.15 is in the 100th percentile of its annual range, suggesting a significant preference for call options among short-term traders [4] - Over 19,000 calls and 12,000 puts have been traded today, with the February 30 call being the most popular contract [4]