At the time of writing, Upstart Holdings Inc [UPST] stock is trading at $27.11, up 0.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UPST shares have gain 16.85% over the last week, with a monthly amount glided 11.47%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Upstart Holdings Inc [NASDAQ: UPST] stock has seen the most recent analyst activity on June 07, 2024, when BTIG Research initiated its Sell rating and assigned the stock a price target of $14. Previously, Redburn Atlantic upgraded its rating to Neutral on June 04, 2024, and elevated its price target to $25.50. On April 04, 2024, BofA Securities initiated with a Underperform rating and assigned a price target of $22 on the stock. Needham started tracking the stock assigning a Hold rating. B. Riley Securities initiated its recommendation with a Neutral and recommended $49 as its price target on July 27, 2023. BTIG Research started tracking with a Buy rating for this stock on June 14, 2023, and assigned it a price target of $42. In a note dated April 11, 2023, JP Morgan initiated an Underweight rating and provided a target price of $11 on this stock.
For the past year, the stock price of Upstart Holdings Inc fluctuated between $19.84 and $72.58. Currently, Wall Street analysts expect the stock to reach $41.39 within the next 12 months. Upstart Holdings Inc [NASDAQ: UPST] shares were valued at $27.11 at the most recent close of the market. An investor can expect a potential return of 52.67% based on the average UPST price forecast.
Analyzing the UPST fundamentals
According to Upstart Holdings Inc [NASDAQ:UPST], the company’s sales were 536.12M for trailing twelve months, which represents an 24.16% jump. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -0.36%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.28 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.42 points at the first support level, and at 25.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.67, and for the 2nd resistance point, it is at 28.24.
Ratios To Look Out For
It is important to note that Upstart Holdings Inc [NASDAQ:UPST] has a current ratio of 3.79. Also, the Quick Ratio is 3.79, while the Cash Ratio stands at 3.79. Considering the valuation of this stock, the price to sales ratio is 4.44, the price to book ratio is 3.88.
Transactions by insiders
Recent insider trading involved Datta Sanjay, Chief Financial Officer, that happened on Jul 08 ’24 when 1000.0 shares were sold. Chief Technology Offier, Gu Paul completed a deal on Jul 01 ’24 to sell 5000.0 shares. Meanwhile, Chief Financial Officer Datta Sanjay sold 1000.0 shares on Jul 01 ’24.
