Upstart Holdings Inc [NASDAQ: UPST] stock went on a downward path that fall over -5.57% on Tuesday, amounting to a one-week price increase of more than 0.37%.
Over the last 12 months, UPST stock rose by 32.38%. The one-year Upstart Holdings Inc stock forecast points to a potential downside of -45.7. The average equity rating for UPST stock is currently 3.76, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $3.38 billion, with 86.33 million shares outstanding and 77.20 million shares in the current float. Compared to the average trading volume of 7.64M shares, UPST stock reached a trading volume of 5191317 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Upstart Holdings Inc [UPST]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UPST shares is $25.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UPST stock is a recommendation set at 3.76. 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.
Citigroup have made an estimate for Upstart Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 07, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $17 to $31. The new note on the price target was released on July 31, 2024, representing the official price target for Upstart Holdings Inc stock. Previously, the target price had yet another raise to $14, while BTIG Research analysts kept a Sell rating on UPST stock. On June 04, 2024, analysts increased their price target for UPST shares from 22.50 to 25.50.
The Average True Range (ATR) for Upstart Holdings Inc is set at 2.90, with the Price to Sales ratio for UPST stock in the period of the last 12 months amounting to 6.38. The Price to Book ratio for the last quarter was 5.66, with the Price to Cash per share for the same quarter was set at 6.26.
UPST Stock Performance Analysis:
Upstart Holdings Inc [UPST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.37. With this latest performance, UPST shares dropped by -11.11% in over the last four-week period, additionally plugging by 46.78% over the last 6 months – not to mention a rise of 32.38% 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 UPST stock in for the last two-week period is set at 49.89, with the RSI for the last a single of trading hit 46.26, and the three-weeks RSI is set at 52.01 for Upstart Holdings Inc [UPST]. The present Moving Average for the last 50 days of trading for this stock 35.43, while it was recorded at 39.82 for the last single week of trading, and 29.92 for the last 200 days.
Insight into Upstart Holdings Inc Fundamentals:
Upstart Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.29 and a Current Ratio set at 4.29.
UPST Stock EPS
With the latest financial reports released by the company, Upstart Holdings Inc posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UPST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Upstart Holdings Inc go to 30.00%.
Upstart Holdings Inc [UPST] Institutonal Ownership Details
There are presently around $45.71%, or 52.43%% of UPST stock, in the hands of institutional investors. The top three institutional holders of UPST stocks are: VANGUARD GROUP INC with ownership of 7.3 million shares, which is approximately 8.3871%. BLACKROCK INC., holding 5.66 million shares of the stock with an approximate value of $$133.62 million in UPST stocks shares; and BLACKROCK INC., currently with $$77.52 million in UPST stock with ownership which is approximately 3.7757%.
