Upstart (NASDAQ:UPST) Hits New 1-Year Low – Should You Sell?

Upstart Holdings, Inc. (NASDAQ:UPST)’s stock price hit a new 52-week low on Monday. The stock traded as low as $22.10 and last traded at $22.1390, with a volume of 2,950,966 shares trading hands. The stock had previously closed at $23.02.

Trending Headlines about Upstart

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Upstart reported Q3 revenue of about $371 million, up roughly 34% year over year, and adjusted EPS of $0.33, above analysts’ estimate of $0.20. Contribution profit reached a record, and the secured-loan business turned profitable. 3 Key Takeaways From Upstart’s Latest Report
• Neutral Sentiment: BTIG and Needham cut their price targets to $40 and $30, respectively, but both maintained Buy ratings. The reductions may temper enthusiasm, while the continued ratings signal that the analysts see potential upside. BTIG Research ratings
• Negative Sentiment: Despite the quarterly beat, Upstart’s outlook was cautious: it lowered full-year revenue guidance amid macroeconomic headwinds and balance-sheet pressure, while cutting EBITDA guidance. That guidance likely overshadowed the strong Q3 figures and contributed to shares reversing an initial post-earnings gain. Upstart reports Q3 earnings above expectations; guides on 2026 with caution

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Upstart from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Citizens Jmp dropped their target price on Upstart from $20.00 to $18.00 and set a “market underperform” rating on the stock in a research report on Thursday, October 15th. Piper Sandler increased their target price on Upstart from $46.00 to $51.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Bank of America reissued a “neutral” rating and set a $28.00 target price on shares of Upstart in a research note on Wednesday. Finally, The Goldman Sachs Group reduced their price target on Upstart from $39.00 to $28.00 and set a “neutral” rating for the company in a report on Tuesday, October 13th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $39.31.

Upstart Price Performance

The firm’s 50-day simple moving average is $24.98 and its two-hundred day simple moving average is $29.76. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 43.61, a price-to-earnings-growth ratio of 0.75 and a beta of 2.48.

Upstart (NASDAQ:UPST) last issued its earnings results on Tuesday, November 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.13. The company had revenue of $370.52 million during the quarter, compared to analysts’ expectations of $362.68 million. Upstart had a net margin of 4.84% and a return on equity of 7.13%. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period last year, the company posted $0.23 earnings per share. On average, analysts expect that Upstart Holdings, Inc. will post 0.72 EPS for the current fiscal year.

Insider Transactions at Upstart

In other Upstart news, insider Natalia Mirgorodskaya sold 913 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $30.03, for a total value of $27,417.39. Following the sale, the insider owned 35,875 shares of the company’s stock, valued at approximately $1,077,326.25. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjay Datta sold 116,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $27.29, for a total value of $3,165,640.00. Following the completion of the transaction, the insider owned 476,578 shares of the company’s stock, valued at approximately $13,005,813.62. This represents a 19.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 148,652 shares of company stock valued at $4,133,720 in the last three months. 17.29% of the stock is owned by company insiders.

Hedge Funds Weigh In On Upstart

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its position in Upstart by 76.7% during the third quarter. Parallel Advisors LLC now owns 1,656 shares of the company’s stock worth $38,000 after buying an additional 719 shares during the period. Asset Management One Co. Ltd. grew its holdings in Upstart by 33.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 1,790 shares of the company’s stock valued at $41,000 after buying an additional 446 shares during the period. Apollon Wealth Management LLC grew its holdings in Upstart by 3.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 32,995 shares of the company’s stock valued at $759,000 after buying an additional 1,027 shares during the period. Sterling Capital Management LLC grew its holdings in Upstart by 838.2% in the 3rd quarter. Sterling Capital Management LLC now owns 2,824 shares of the company’s stock valued at $65,000 after buying an additional 2,523 shares during the period. Finally, Sepio Capital LP increased its stake in shares of Upstart by 4.3% during the 3rd quarter. Sepio Capital LP now owns 24,300 shares of the company’s stock valued at $559,000 after acquiring an additional 1,000 shares during the last quarter. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

About Upstart

Upstart Holdings, Inc (NASDAQ: UPST) operates an artificial intelligence-powered lending marketplace. Its platform connects consumers seeking credit with banks and credit unions, using data-driven underwriting models designed to evaluate applicants beyond traditional credit-score-based methods.

The company provides technology for several lending categories, including personal loans, automotive retail and refinance lending, home equity lines of credit, and small-dollar lending. Upstart’s platform supports financial institutions with application processing, risk assessment, loan origination, and related automation, while offering consumers a digital borrowing experience.

Founded in 2012, Upstart is headquartered in San Mateo, California, and primarily serves the United States.