At the time of writing, Upstart Holdings Inc [UPST] stock is trading at $53.13, up 2.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UPST shares have gain 12.99% over the last week, with a monthly amount glided 32.83%, 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 October 14, 2024, when Wedbush upgraded its rating to a Neutral and also boosted its price target to $45 from $10. Previously, Citigroup upgraded its rating to Neutral on August 07, 2024, and elevated its price target to $33. On July 31, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $31 on the stock. BTIG Research started tracking the stock assigning a Sell rating and suggested a price target of $14 on June 07, 2024. Redburn Atlantic upgraded its rating to a Neutral and raised its price target to $25.50 on June 04, 2024. BofA Securities started tracking with a Underperform rating for this stock on April 04, 2024, and assigned it a price target of $22. In a note dated September 25, 2023, Needham initiated an Hold rating.
For the past year, the stock price of Upstart Holdings Inc fluctuated between $19.84 and $57.40. Currently, Wall Street analysts expect the stock to reach $36.82 within the next 12 months. Upstart Holdings Inc [NASDAQ: UPST] shares were valued at $53.13 at the most recent close of the market. An investor can expect a potential drop of -30.7% based on the average UPST price forecast.
Analyzing the UPST fundamentals
According to Upstart Holdings Inc [NASDAQ:UPST], the company’s sales were 530.29M for trailing twelve months, which represents an -4.37% plunge. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.32 and Total Capital is -0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.24.
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 51.76 points at the first support level, and at 50.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.40, and for the 2nd resistance point, it is at 55.67.
Ratios To Look Out For
It is important to note that Upstart Holdings Inc [NASDAQ:UPST] has a current ratio of 4.29. Further, the Quick Ratio stands at 4.29, while the Cash Ratio is 5.32. Considering the valuation of this stock, the price to sales ratio is 8.97, the price to book ratio is 7.96.
Transactions by insiders
Recent insider trading involved Datta Sanjay, Chief Financial Officer, that happened on Oct 14 ’24 when 1500.0 shares were sold. Chief Technology Offier, Gu Paul completed a deal on Oct 14 ’24 to sell 20000.0 shares. Meanwhile, Chief Legal Officer Darling Scott sold 84000.0 shares on Oct 14 ’24.
