The company is expected to return to revenues seen in 2021 and also be profitable from next year. UPST stock is trading at 8x trailing revenues, versus the 15x figure seen in 2021. With revenue growth expected to be 60% between 2023 and 2025, a rise in valuation multiple from current levels seems justified.
Data source: Upstart. YOY = Year-over-year. But in 2022 and 2023, its loans dried up as interest rates rose, which caused its conversion rate, revenue, and adjusted EBITDA to decline.
Based on short-term price targets offered by 16 analysts, the average price target for Upstart Holdings, Inc. comes to $58.56. The forecasts range from a low of $12.00 to a high of $100.00. The average price target represents an increase of 1.42% from the last closing price of $57.74.
Upstart Holdings has 10.63% upside potential, based on the analysts' average price target. Is UPST a Buy, Sell or Hold? Upstart Holdings has a consensus rating of Hold which is based on 5 buy ratings, 6 hold ratings and 4 sell ratings.
Largest shareholders include Vanguard Group Inc, BlackRock, Inc., Susquehanna International Group, Llp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, D. E. Shaw & Co., Inc., State Street Corp, Susquehanna International Group, Llp, IWM - iShares Russell 2000 ETF, Jane Street Group, Llc, and Susquehanna ...
AFRM Stock 12 Month Forecast
Based on 17 Wall Street analysts offering 12 month price targets for Affirm Holdings in the last 3 months. The average price target is $68.60 with a high forecast of $82.00 and a low forecast of $39.00. The average price target represents a 24.61% change from the last price of $55.05.
What Happened? Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 15.1% in the afternoon session after Needham analysts upgraded the stock from Hold to Buy and assigned a price target of $100.
SoFi Technologies Stock Price Target for 2030
We estimate SoFi's stock price to be $17.56 per share with a 10% year-over-year revenue growth. Our estimated stock price will be 24.10% higher than the current stock price of $14.15.
The analysts are definitely expecting Upstart Holdings' growth to accelerate, with the forecast 27% annualised growth to the end of 2025 ranking favourably alongside historical growth of 12% per annum over the past five years.
The average consensus on Wall Street is that Upstart will report a net loss again this year, but it will get close to breakeven. If the economy continues to improve, Upstart gets more business, and it starts to turn a profit, it could have a long and fruitful future.
Upstart Holdings, Inc. San Mateo, California, U.S. The founding team includes Dave Girouard, former President of Enterprise Google; Paul Gu, a Thiel Fellow; and Anna Counselman, former Manager of Global Enterprise Customer Programs and Gmail Consumer Operations at Google.
Shares of Upstart (NASDAQ: UPST) dropped 21.9% in December, according to data provided by S&P Global Market Intelligence. And as of this writing, it's down another 7% year to date in 2025. Interestingly enough, the drop seems to be correlated with changes to the federal funds rate on Dec. 18.
What Happened? Shares of aI-powered lending platform Upstart (NASDAQ:UPST) fell 13.7% in the afternoon session after J.P. Morgan analyst Reginald Smith downgraded some fintech stocks due to growth and valuation concerns.
Upstart (UPST) Q2 CY2024 Highlights:
Revenue: $127.6 million vs analyst estimates of $124.5 million (2.5% beat) Adjusted Operating Income: -$55.49 million vs analyst estimates of -$72.99 million (24% beat) EPS (non-GAAP): -$0.17 vs analyst estimates of -$0.39.
With rates trending downward and expectations of further cuts in 2025, Upstart is poised for a resurgence. Rising loan demand, driven by decreasing borrowing costs, could significantly boost revenue growth in the coming quarters.
There are currently no known stock splits for Upstart Holdings Inc. Did Upstart Holdings Inc pay a dividend in the past? To date, Upstart Holdings Inc has not paid any dividends.
APR range. Upstart is the winner when it comes to APR, which includes both your interest rates and origination fee. A 7.40 percent APR is very competitive in the current market, and it's hard to find other lenders offering such a low amount.
Out of 14 analysts, 8 (57.14%) are recommending AFRM as a Strong Buy, 2 (14.29%) are recommending AFRM as a Buy, 4 (28.57%) are recommending AFRM as a Hold, 0 (0%) are recommending AFRM as a Sell, and 0 (0%) are recommending AFRM as a Strong Sell.
From fiscal 2024 to fiscal 2027, analysts expect Affirm's revenue to grow at a compound annual growth rate (CAGR) of 26%. They also expect it to turn profitable on a GAAP basis in fiscal 2026 and grow its net income by 169% in fiscal 2027.
NASDAQ: UPST
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 12, 2022. If you purchased Upstart securities between March 18, 2021 and May 9, 2022 and would like to join the action, please click “Join This Class Action.”
With risk programs led by a team of financial industry professionals, each with over 15 years of experience, Upstart's Risk and Compliance teams partner with over 90 banks and credit unions nationwide to accommodate their regulatory requirements.
Total debt on the balance sheet as of September 2024 : $0.94 Billion USD.