- Upstart (UPST, Financial) achieves a remarkable 56.1% revenue growth, yet stock drops by 40.4% post-announcement.
- Analyst consensus suggests a price target of $70.14, signaling a potential upside of 71.49%.
- Current GuruFocus GF Value indicates a 19.55% upside, reflecting interesting investment possibilities.
Upstart Holdings Inc. (UPST) recently stunned the market with a striking 56.1% year-on-year revenue increase, reaching an impressive $219 million and exceeding analyst expectations by 20.1%. Despite these strong performance indicators, the stock has plummeted 40.4% since this announcement, currently trading at $40.11. This discrepancy between performance and market reaction may offer a unique opportunity for investors to explore.
Wall Street Analysts' Forecast
Wall Street analysts are keeping a close eye on Upstart as 14 experts have provided a one-year price target. The average target price for UPST is $70.14, with estimates ranging from a high of $110.00 to a low of $9.00. This average suggests a promising upside potential of 71.49% from its current trading price of $40.90. For a more in-depth analysis, visit the Upstart Holdings Inc (UPST, Financial) Forecast page.
Further reflecting this outlook, the consensus recommendation from 15 brokerage firms places Upstart Holdings Inc. (UPST, Financial) at an average brokerage recommendation of 2.7, which classifies it in the "Hold" category. On this rating scale, 1 indicates a Strong Buy, whereas 5 signifies a Sell.
According to GuruFocus estimates, the GF Value for Upstart Holdings Inc. (UPST, Financial) over the next year is estimated at $48.90, projecting an upside of 19.55% from its current price of $40.9025. The GF Value is calculated by considering the historical multiples at which the stock has traded, past business growth, and future business performance estimates. For additional insights, visit the Upstart Holdings Inc (UPST) Summary page.
