In the latest trading session, Upstart Holdings, Inc. (UPST) closed at $47.69, marking a -0.23% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.63%. At the same time, the Dow added 0.21%, and the tech-heavy Nasdaq gained 1.52%.
Shares of the company have appreciated by 0.36% over the course of the past month, outperforming the Finance sector's loss of 0.81% and the S&P 500's loss of 0.7%.
Market participants will be closely following the financial results of Upstart Holdings, Inc. in its upcoming release. The company plans to announce its earnings on May 6, 2025. The company is expected to report EPS of $0.19, up 161.29% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $200.74 million, indicating a 57.09% growth compared to the corresponding quarter of the prior year.
UPST's full-year Zacks Consensus Estimates are calling for earnings of $1.37 per share and revenue of $1.01 billion. These results would represent year-over-year changes of +785% and +59.26%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Upstart Holdings, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Upstart Holdings, Inc. is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Upstart Holdings, Inc. has a Forward P/E ratio of 34.89 right now. This represents a premium compared to its industry's average Forward P/E of 9.95.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 91, finds itself in the top 37% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Upstart Holdings, Inc. (UPST): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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