While Upstart Holdings Inc has overperformed by 8.00%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UPST rose by 124.84%, with highs and lows ranging from $86.07 to $20.60, whereas the simple moving average jumped by 109.09% in the last 200 days.
On Dec-04-24, Redburn Atlantic Upgraded Upstart Holdings Inc (NASDAQ: UPST) to Buy. A report published by JP Morgan on December 02, 2024, Downgraded its rating to ‘Underweight’ for UPST. Piper Sandler November 08, 2024d the rating to Overweight on November 08, 2024, and set its price target from $31 to $85. JP Morgan November 08, 2024d its ‘Underweight’ rating to ‘Neutral’ for UPST, as published in its report on November 08, 2024. Citigroup’s report from November 08, 2024 suggests a price prediction of $87 for UPST shares, giving the stock a ‘Buy’ rating. Wedbush also rated the stock as ‘Neutral’.
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Analysis of Upstart Holdings Inc (UPST)
Further, the quarter-over-quarter increase in sales is 20.50%, showing a positive trend in the upcoming months.
One of the most important indicators of Upstart Holdings Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -27.21% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.26, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and UPST is recording 7.92M average volume. On a monthly basis, the volatility of the stock is set at 8.65%, whereas on a weekly basis, it is put at 7.80%, with a loss of -8.48% over the past seven days. Furthermore, long-term investors anticipate a median target price of $55.89, showing decline from the present price of $72.78, which can serve as yet another indication of whether UPST is worth investing in or should be passed over.
How Do You Analyze Upstart Holdings Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 55.32% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
UPST shares are owned by institutional investors to the tune of 55.32% at present.