Upstart Holdings Inc (UPST) concluded trading on Wednesday at a closing price of $62.67, with 6.18 million shares of worth about $387.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 96.09% during that period and on January 15, 2025 the price saw a gain of about 9.95%. Currently the company’s common shares owned by public are about 91.00M shares, out of which, 78.95M shares are available for trading.
Stock saw a price change of 4.02% in past 5 days and over the past one month there was a price change of -18.69%. Year-to-date (YTD), UPST shares are showing a performance of 1.79% which increased to 96.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.60 but also hit the highest price of $88.95 during that period. The average intraday trading volume for Upstart Holdings Inc shares is 6.97 million. The stock is currently trading -5.02% below its 20-day simple moving average (SMA20), while that difference is down -8.73% for SMA50 and it goes to 53.21% higher than SMA200.
Upstart Holdings Inc (NASDAQ: UPST) currently have 91.00M outstanding shares and institutions hold larger chunk of about 55.22% of that.
The stock has a current market capitalization of $5.72B and its 3Y-monthly beta is at 2.28. It has posted earnings per share of -$1.93 in the same period. It has Quick Ratio of 4.26 while making debt-to-equity ratio of 1.75. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UPST, volatility over the week remained 4.59% while standing at 6.96% over the month.
Analysts are in expectations that Upstart Holdings Inc (UPST) stock would likely to be making an EPS of -0.04 in the current quarter, while forecast for next quarter EPS is -0.02 and it is 0.57 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.07 which is 0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.95% while it is estimated to increase by 219.69% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on December 13, 2024 offering a Buy rating for the stock and assigned a target price of $100 to it. Coverage by Redburn Atlantic stated Upstart Holdings Inc (UPST) stock as a Buy in their note to investors on December 03, 2024, suggesting a price target of $95 for the stock. Stock get an Overweight rating from Piper Sandler on November 08, 2024.
