Upstart Holdings Inc (NASDAQ: UPST) – Suitable For Long Term Buy?

Currently, there are 93.47M common shares owned by the public and among those 78.83M shares have been available to trade.

The company’s stock has a 5-day price change of 22.48% and 28.16% over the past three months. UPST shares are trading 41.12% year to date (YTD), with the 12-month market performance up to 228.38% higher. It has a 12-month low price of $20.60 and touched a high of $96.43 over the same period. UPST has an average intraday trading volume of 6.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 23.96%, 25.40%, and 89.16% respectively.

Institutional ownership of Upstart Holdings Inc (NASDAQ: UPST) shares accounts for 64.15% of the company’s 93.47M shares outstanding.

It has a market capitalization of $7.93B and a beta (3y monthly) value of 2.26. The earnings-per-share (ttm) stands at -$1.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.91% over the week and 6.73% over the month.

Analysts forecast that Upstart Holdings Inc (UPST) will achieve an EPS of 0.17 for the current quarter, 0.23 for the next quarter and 1.96 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.14 while analysts give the company a high EPS estimate of 0.14. Comparatively, EPS for the current quarter was -0.31 a year ago. Earnings per share for the fiscal year are expected to increase by 741.40%, and 65.44% over the next financial year.

Looking at the support for the UPST, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on February 14, 2025, with the firm’s price target at $12-$70. JP Morgan coverage for the Upstart Holdings Inc (UPST) stock in a research note released on February 12, 2025 offered a Neutral rating with a price target of $79. B. Riley Securities was of a view on February 12, 2025 that the stock is Buy, while Needham gave the stock Buy rating on December 13, 2024, issuing a price target of $100. Redburn Atlantic on their part issued Buy rating on December 03, 2024.

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