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.
Similarly, How many shares of UPST are there?
Share Statistics
UPST has 84.65 million shares outstanding. The number of shares has increased by 372.01% in one year.
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.
Thereof, 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.
How does upstart make money?
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.
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 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) |
Is Upstart an AI company?
My name is Dave Girouard, co-founder and CEO of Upstart, which is a leading artificial intelligence (“AI”) lending platform. I founded Upstart more than 7 years ago in order to improve access to affordable credit.
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.
Is Upstart a Chinese company?
Upstart Holdings, Inc. San Mateo, California, U.S. Upstart is an AI lending platform that partners with banks and credit unions to provide consumer loans using non-traditional variables, such as education and employment, to predict creditworthiness.
What sector is Upstart stock?
Key Data
| Label | Value |
|---|---|
| Sector | Finance |
| Industry | Finance: Consumer Services |
| 1 Year Target | $194.00 |
| Today’s High/Low | $96.45/$90.44 |
What bank owns Upstart?
SAN MATEO, Calif. –(BUSINESS WIRE)–Jul. 28, 2021– Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Associated Bank , a leading Midwest regional bank, has launched enhanced personal loan capabilities including a seamless, digital experience enabled by Upstart.
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