Upstart (NASDAQ:UPST – Get Free Report) will announce its earnings results after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of ($0.39) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Upstart (NASDAQ:UPST – Get Free Report) last released its quarterly earnings data on Tuesday, May 7th. The company reported ($0.74) earnings per share for the quarter, beating the consensus estimate of ($0.80) by $0.06. The firm had revenue of $127.79 million during the quarter, compared to the consensus estimate of $124.82 million. Upstart had a negative return on equity of 27.89% and a negative net margin of 32.59%. On average, analysts expect Upstart to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Upstart Price Performance
UPST stock opened at $23.76 on Monday. The business has a 50-day moving average price of $24.85 and a 200 day moving average price of $26.07. The company has a market capitalization of $2.09 billion, a P/E ratio of -11.53 and a beta of 1.97. Upstart has a 1-year low of $19.84 and a 1-year high of $71.08.
Insider Activity at Upstart
Analyst Ratings Changes
Several analysts recently weighed in on UPST shares. Wedbush restated an “underperform” rating and issued a $10.00 price objective on shares of Upstart in a report on Wednesday, May 8th. BTIG Research started coverage on shares of Upstart in a report on Friday, June 7th. They issued a “sell” rating and a $14.00 target price for the company. JMP Securities reiterated a “market perform” rating on shares of Upstart in a report on Wednesday, April 17th. Needham & Company LLC reiterated a “hold” rating on shares of Upstart in a report on Wednesday, May 8th. Finally, Mizuho upgraded shares of Upstart from an “underperform” rating to an “outperform” rating and upped their price objective for the company from $17.00 to $31.00 in a report on Wednesday, July 31st. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $23.05.
View Our Latest Analysis on Upstart
About Upstart
Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.
See Also
- Five stocks we like better than Upstart
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Market Crash? No Problem for DoorDash Stock’s Impressive Earnings
- What is a Stock Market Index and How Do You Use Them?
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- What is a Death Cross in Stocks?
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
Receive News & Ratings for Upstart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upstart and related companies with MarketBeat.com's FREE daily email newsletter.