Upstart Holdings Inc (NASDAQ: UPST) is 229.74% higher on its value in year-to-date trading and has touched a low of $20.60 and a high of $96.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UPST stock was last observed hovering at around $76.35 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $76.07, the stock is 21.64% and 40.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.34 million and changing -0.37% at the moment leaves the stock 32.49% off its SMA200. UPST registered 23.55% gain for a year compared to 6-month loss of 25.12%. The firm has a 50-day simple moving average (SMA 50) of $54.2666 and a 200-day simple moving average (SMA200) of $57.41445.
The stock witnessed a 48.05% gain in the last 1 month and extending the period to 3 months gives it a 118.59%, and is 17.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.55% over the week and 5.78% over the month.
Upstart Holdings Inc (UPST) has around 1193 employees, a market worth around $7.24B and $722.11M in sales. Fwd P/E is 33.21. Profit margin for the company is -9.20%. Distance from 52-week low is 269.27% and -21.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.13%).
The EPS is expected to grow by 845.35% this year.
Upstart Holdings Inc (UPST) Top Institutional Holders
511.0 institutions hold shares in Upstart Holdings Inc (UPST), with institutional investors hold 73.56% of the company’s shares. The shares outstanding are 95.07M, and float is at 82.43M with Short Float at 25.75%. Institutions hold 64.32% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.3 million shares valued at $172.19 million. The investor’s holdings represent 8.2538% of the UPST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.66 million shares valued at $133.62 million to account for 6.405 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.29 million shares representing 3.7157% and valued at over $77.52 million, while STATE STREET CORP holds 2.5594 of the shares totaling 2.26 million with a market value of $53.39 million.
