Upstart Holdings Inc [UPST] stock is trading at $51.13, up 1.41%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UPST shares have gain 2.77% over the last week, with a monthly amount glided 35.34%, 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.
Upstart Holdings Inc [UPST] stock has fluctuated between $19.84 and $57.40 over the past year. 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 $51.13 at the most recent close of the market. An investor can expect a potential drop of -27.99% based on the average UPST price forecast.
Analyzing the UPST fundamentals
Upstart Holdings Inc [NASDAQ:UPST] reported sales of 530.29M for the trailing twelve months, which represents a drop of -4.37%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.24.
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 49.64 points at the first support level, and at 48.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.89, and for the 2nd resistance point, it is at 54.64.
Ratios To Look Out For
For context, Upstart Holdings Inc’s Current Ratio is 4.29. As well, the Quick Ratio is 4.29, while the Cash Ratio is 5.32. Considering the valuation of this stock, the price to sales ratio is 8.63, the price to book ratio is 7.66.
Transactions by insiders
Recent insider trading involved Datta Sanjay, Chief Financial Officer, that happened on Oct 28 ’24 when 1500.0 shares were sold. Officer, Datta Sanjay completed a deal on Oct 28 ’24 to buy 1500.0 shares. Meanwhile, Chief Financial Officer Datta Sanjay sold 1500.0 shares on Oct 21 ’24.
