Upstart Holdings Inc [NASDAQ: UPST] stock went on an upward path that rose over 3.04% on Monday, amounting to a one-week price increase of more than 12.30%.
Over the last 12 months, UPST stock rose by 118.82%. The one-year Upstart Holdings Inc stock forecast points to a potential downside of -18.69. The average equity rating for UPST stock is currently 2.94, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $6.47 billion, with 91.00 million shares outstanding and 78.72 million shares in the current float. Compared to the average trading volume of 6.26M shares, UPST stock reached a trading volume of 7389286 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 $59.77 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 2.94. 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.
Needham have made an estimate for Upstart Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 13, 2024. While these analysts kept the previous recommendation, Redburn Atlantic raised their target price from $37 to $95. The new note on the price target was released on December 03, 2024, representing the official price target for Upstart Holdings Inc stock.
The Average True Range (ATR) for Upstart Holdings Inc is set at 4.25, with the Price to Sales ratio for UPST stock in the period of the last 12 months amounting to 11.60. The Price to Book ratio for the last quarter was 10.84, with the Price to Cash per share for the same quarter was set at 7.19. Price to Free Cash Flow for UPST in the course of the last twelve months was 42.45 with Quick ratio for the last quarter at 4.26.
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 12.30. With this latest performance, UPST shares gained by 19.79% in over the last four-week period, additionally plugging by 107.37% over the last 6 months – not to mention a rise of 118.82% 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 59.97, with the RSI for the last a single of trading hit 67.16, and the three-weeks RSI is set at 56.59 for Upstart Holdings Inc [UPST]. The present Moving Average for the last 50 days of trading for this stock 68.62, while it was recorded at 66.64 for the last single week of trading, and 44.46 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 4.26 and a Current Ratio set at 4.26.
Upstart Holdings Inc [UPST] Institutonal Ownership Details
There are presently around $58.19%, or 66.77%% 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%.
