Out of 13 analysts, 6 (46.15%) are recommending UPST as a Strong Buy, 3 (23.08%) are recommending UPST as a Buy, 3 (23.08%) are recommending UPST as a Hold, 1 (7.69%) are recommending UPST as a Sell, and 0 (0%) are recommending UPST as a Strong Sell. What is UPST’s earnings growth forecast for 2022-2024?
Similarly, Is Upstart a publicly traded company?
Today marks our fourth earnings report as a publicly traded company, and I continue to be amazed and delighted with the progress the Upstart team has made. This is an entirely unique time in our history and executing as a newly public company in this environment is not without challenges.
Who owns Upstart stock? Top 10 Owners of Upstart Holdings Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 5.86% | 4,927,588 |
| Vulcan Value Partners LLC | 5.76% | 4,845,315 |
| Third Point LLC | 4.76% | 4,000,000 |
| Stone Ridge Asset Management LLC | 4.39% | 3,685,913 |
Thereof, Why is Upstart stock down?
Shares of Upstart Holdings were trading down 9% Tuesday after Wedbush downgraded the consumer-lending company to Underperform from Neutral, citing delinquency trends in the near future. Upstart shares (ticker: UPST) were down 10.8%, at $112.25, in recent trading.
Is UPST stock overvalued?
As UPST is also a financial stock, excess returns valuation applies here – and, just as with the above metrics, returns an overpriced judgment. Overall, no matter which financial analysis you employ in valuations, they all seem to point to an overvalued UPST.
Why is UPST stock going up?
What happened. Shares of Upstart Holdings ( UPST -6.15% ), a cloud-based artificial intelligence lending platform, were surging higher this morning after the company reported fourth-quarter revenue and earnings that blew past analysts’ consensus estimates. The tech stock was up by 31% at 10:19 a.m. ET.
What bank owns Upstart?
Upstart raised a Series D round of $50M from The Progressive Corporation in 2019.
…
Upstart (company)
| Type | Public company |
|---|---|
| Revenue | US$848.59 million (2021) |
| Operating income | US$140.88 million (2021) |
| Net income | US$135.44 million (2021) |
| Total assets | US$1.82 billion (2021) |
What is the intrinsic value of Upstart stock?
Simply Wall St’s valuation model estimates the intrinsic value at US$103 per share.
What is Amazon PE ratio?
The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Amazon PE ratio as of April 15, 2022 is 46.84.
Will Upstart continue to go up?
Summary. Upstart is emerging as a category leader in AI lending as it continues to see strong momentum in its current personal lending segment. Upstart is progressing well with auto loans in 2022 and could be launching new TAM like small business lending and mortgages in 2022 and 2023 respectively.
Will Upstart go up?
In 2022, it expects revenue to hit $1.4 billion, which would be 65% year-over-year growth. While not as strong as the 264% growth in 2021, if Upstart can consistently put up strong double-digit growth each year, this business will be much bigger a decade from now.
How do investors make money with Upstart?
Upstart makes most of its money from fees that banks pay. Upstart receives referral fees for each loan, and platform fees are based on the number of loans referred. Upstart also receives a loan servicing fee as customers repay loans.
What kind of company is upstart holdings?
Upstart Holdings, Inc. is a cloud-based artificial intelligence (AI) lending platform. The Company’s platform aggregates consumer demand for loans and connects it to its network of Upstart AI-enabled bank partners.
When did upstart holdings go public?
Upstart went public in December at $20 a share, and Jackson said he’s owned it since the IPO. After surging 24% on Wednesday, the stock is now hovering around $170, valuing the company at over $12 billion.
Is Upstart a fintech company?
Upstart Holdings is one of those demanding fintech companies as it uses machine learning and artificial intelligence for its loan determination process. Digital payments and banking services are slowly becoming the norm these days.
What is the P E ratio for UPST?
Key Stats
| Price and Performance | |
|---|---|
| PE Ratio | 58.59 |
| PE Ratio (Forward) | Upgrade |
| PS Ratio | 9.300 |
| Price to Book Value | 8.604 |
What is Uber’s PE ratio?
Uber Technologies PE Ratio 2017-2021 | UBER
Uber Technologies PE ratio as of April 15, 2022 is 148.54.
What is Tesla’s PE ratio?
Tesla PE ratio as of April 15, 2022 is 201.02. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Tesla Inc.
Is 55 a good PE ratio?
Examples of a Good P/E Ratio
I’d prefer it to be under 15, but it’s ok if not. It’s also ok if the stock is like P/E = 27. That’s not much different than P/E = 24– if you think about it. Say that a stock has great metrics all across the board, but the P/E is just barely higher than 25.
Is Upstart a good investment?
Investment Thesis
Upstart is a $7.9B company focused on artificial intelligence software for loan approval. Unlike many high-flying software companies, Upstart is currently GAAP profitable. With explosive revenue growth and the potential to have very high margins at scale, Upstart is worth buying at current prices.
Is upstart being shorted?
Short interest is the volume of Upstart shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 12,420,000 shares of UPST short. 18.69% of Upstart’s shares are currently sold short. Learn More on Upstart’s current short interest.
What will Upstart stock be worth in 5 years?
WalletInvestor’s Upstart share price forecast sees the price rising to $203.5 by April 2023, $283.2 by April 2024, $361 by April 2025 and $440 by April 2026. WalletInvestor’s five-year forecast generated an Upstart stock price prediction of $522 for February 2027.
How high will Upstart stock go?
Stock Price Forecast
The 13 analysts offering 12-month price forecasts for Upstart Holdings Inc have a median target of 180.00, with a high estimate of 350.00 and a low estimate of 75.00. The median estimate represents a +117.92% increase from the last price of 82.60.
What is the target price for upstart?
Stock Price Target
| High | $350.00 |
|---|---|
| Low | $75.00 |
| Average | $193.62 |
| Current Price | $88.02 |
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