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, What does Upst company do?
operates a cloud- based artificial intelligence (AI) lending platform. The company’s platform aggregates consumer demand for loans and connects it to its network of the company’s AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform.
What type of stock is Upst? (UPST) Stock Price, News & Info | The Motley Fool. How Much Do I Need to Retire?
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Compare UPST Stock to Peers.
| Symbol | IBKR Interactive Brokers |
|---|---|
| Last Price | $65.67 |
| Market Cap | $27B |
| % Δ 1 Yr | -11.7% |
| % Δ 5 Yr | 98.4% |
Thereof, Who owns Upst 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 |
Why is UPST stock dropping?
UPST’s shares have dropped by -60% from its historical peak in mid-October 2021. The drop in UPST’s stock price is due to a sell-down in the fintech sector and concerns about the company’s rising default rates.
Why is UPST going down?
U.S. stocks were down amid concerns about Russia’s escalating military campaign in Ukraine. Upstart shares rose last month after the company posted higher-than-expected revenue and predicted 2022 revenue of $1.4 billion.
Is UPST shorted?
Short Shares Availability
This table shows the number of shares of US:UPST available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
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.
Why Upstart stock is going up?
Shares of Upstart Holdings were rising more than 30% Wednesday after the artificial-intelligence lending company reported fourth-quarter results that smashed Wall Street estimates and it issued an outlook ahead of consensus expectations.
Is UPST 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.
Is UPST expected to beat earnings?
Zacks Consensus Estimate
This company is expected to post quarterly earnings of $0.49 per share in its upcoming report, which represents a year-over-year change of +600%. Revenues are expected to be $261.43 million, up 201.5% from the year-ago quarter.
Why is Upstart stock going up?
Shares of Upstart Holdings were rising more than 30% Wednesday after the artificial-intelligence lending company reported fourth-quarter results that smashed Wall Street estimates and it issued an outlook ahead of consensus expectations.
Who is shorting Upst?
Short selling UPST is an investing strategy that aims to generate trading profit from Upstart as its price is falling. Upstart’s stock is trading down $4.13 today. To short Upstart stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender.
What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
Where can I find short volume?
For general shorting information about a company’s stock, you can usually go to any website with a stock quote service. For more specific short interest info, you would have to go to the stock exchange where the company is listed.
Is UPST a good long term stock?
According to Walletinvestor, UPST stock can be a beneficial long-term investment opportunity if you are seeking shares with a high return.
Is Upstart a good stock to buy?
UPSTART stock forecast for 2022
As of 5 April 2022, analysts rated Upstart stock a consensus ‘buy’. According to data from MarketBeat, Upstart stock had seven buy recommendations, three hold and one sell rating.
How do investors make money with upstart?
Upstart makes most of its money from fees that banks pay. Upstart receives referral fees for each loan, and platform fees are based on the number of loans referred. Upstart also receives a loan servicing fee as customers repay loans.
Is Upstart undervalued?
($UPST) is still undervalued (Strong Buy)
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 is the p e Ratio for UPST?
Performance Outlook
| Market Cap | 6.771B |
|---|---|
| PE Ratio (TTM) | 83.53 |
| EPS (TTM) | 0.99 |
| Earnings Date | Mar 15, 2022 – Mar 21, 2022 |
| Forward Dividend & Yield | N/A (N/A) |
What bank owns Upstart?
Upstart raised a Series D round of $50M from The Progressive Corporation in 2019.
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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 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 12, 2022 is 46.55.
When UPST reports earnings?
Upstart (NASDAQ:UPST) Earnings Frequently Asked Questions
Upstart has not confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, May 10th, 2022 based off last year’s report dates.
Will upstart stock go up?
Upstart might not be a future technology giant, but that doesn’t mean it will be a bad investment. If the company continues increasing its loan volume and eventually moves into mortgages, Upstart’s stock will likely be much higher in 2030 than today.
Is upstart publicly traded?
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.
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