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.
Similarly, 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.
Is UPST a Buy Sell or Hold? 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?
Thereof, Is UPST a good stock to buy?
The financial health and growth prospects of UPST, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
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 is Upst so low?
I rate Upstart Holdings, Inc.’s (NASDAQ:UPST) shares as a Hold. 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.
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.
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 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 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 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.
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 do analysts say about upstart?
What do analysts say about Upstart Holdings? Upstart Holdings’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.
What is Nvda target price?
The shares of NVIDIA Corporation (NASDAQ: NVDA) have received a $280 price target from New Street.
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 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.
Is Upstart Holdings profitable?
But more importantly, Upstart is profitable, and that’s rare for a relatively young tech company. With $2.35 in estimated earnings per share for 2022, Upstart’s stock trades at a forward price-to-earnings multiple of 36.
Does UPST make money?
Upstart’s valuation is ~20x forward sales for a business that is currently profitable and expected to grow revenue by nearly 40% to $800M in 2022 based on consensus estimates.
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About UPST.
| Symbol | Last Price | % Chg |
|---|---|---|
| UPSTPost | 103.77 103.95 | -10.12% 0.17% |
29 nov. 2021
Is Upstart a Chinese company?
China Upstart CEO Steps Down After Building $44 Billion Fortune.
Is Sofi overvalued?
All in all, the company is exiting and executing its strategy. However, after the stellar earnings report, SOFI stock is slightly overvalued, considering the current environment. Once this stock cools off, the risk-taking investors should invest again.
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)
Is UPST short squeeze?
Stock – Short Squeeze, Short Sale Volume, Borrow Rates, Fails-To-Deliver.
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.
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 a good company to work for?
Is Upstart a good company to work for? Upstart has an overall rating of 4.1 out of 5, based on over 141 reviews left anonymously by employees. 75% of employees would recommend working at Upstart to a friend and 76% have a positive outlook for the business. This rating has decreased by -5% over the last 12 months.
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.
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