Upland Software Inc [NASDAQ: UPLD] price surged by 28.22 percent to reach at $0.57.
The one-year UPLD stock forecast points to a potential upside of 26.0. The average equity rating for UPLD stock is currently 2.67, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Upland Software Inc [UPLD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UPLD shares is $3.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UPLD stock is a recommendation set at 2.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Upland Software Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on November 10, 2023. While these analysts kept the previous recommendation, Truist raised their target price from $11 to $9. The new note on the price target was released on February 24, 2023, representing the official price target for Upland Software Inc stock. Previously, the target price had yet another raise to $8, while ROTH MKM analysts kept a Neutral rating on UPLD stock.
The Average True Range (ATR) for Upland Software Inc is set at 0.29, with the Price to Sales ratio for UPLD stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 3.60, with the Price to Cash per share for the same quarter was set at 8.39. Price to Free Cash Flow for UPLD in the course of the last twelve months was 1.88 with Quick ratio for the last quarter at 2.27.
UPLD Stock Performance Analysis:
Upland Software Inc [UPLD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.73. With this latest performance, UPLD shares dropped by -9.76% in over the last four-week period, additionally sinking by -22.92% over the last 6 months – not to mention a drop of -28.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UPLD stock in for the last two-week period is set at 54.29, with the RSI for the last a single of trading hit 61.84, and the three-weeks RSI is set at 49.65 for Upland Software Inc [UPLD]. The present Moving Average for the last 50 days of trading for this stock 2.58, while it was recorded at 2.22 for the last single week of trading, and 3.67 for the last 200 days.
Insight into Upland Software Inc Fundamentals:
Upland Software Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.27 and a Current Ratio set at 2.27.
Upland Software Inc [UPLD] Institutonal Ownership Details
The top three institutional holders of UPLD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in UPLD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in UPLD stock with ownership which is approximately 5.8386%.
