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UPST

Upstart Holdings, Inc.

UPST

NASDAQ·Financial Services·Financial - Credit Services·Mkt cap $2.7B

$28.05

-1.65%

P/E

53.80

Mkt Cap

$2.7B

52-Wk Range

$23.97–$71.38

52-Week Range

$23.97 - $71.38

P/E

53.80

Fwd P/E

40.15

Beta

2.17

Div Yield

0.00%

Avg Vol

4.5M

Shares Out

95.7M

Mkt Cap

$2.7B

Price action

Price chart

Down 58.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Advanced AI Risk Assessment
  • Machine Learning Technology
  • Proprietary Credit Modeling
  • Extensive Bank Partnership Network

Bear Case

2 risks

  • High volatility (beta 2.2). Larger-than-normal price swings expected.
  • Growth premium of 3.9x vs Digital Payments peers. Significant premium - requires sustained high growth to justify.

Growth

Moderate growth ahead

AI Technology Advancement

Value

Growth premium of 3.9x vs Digital Payments peers. Significant premium - requires sustained high growth to justify.

Momentum

Weak

-9.5% over 3m

Quality

Excellent

High-growth business (47% revenue growth, 95% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $0.16 vs $0.18 consensus (-10.2% surprise). Revenue of $364.7M vs $354.7M expected (+2.8%).

EPS miss
Rev beat +2.8%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-10.2%

Revenue trend · last 8Q

+67%

+67%

+96%

+71%

+44%

+40%

+38%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$162.1M

$211.3M

$220.4M

$265.1M

$285.9M

$304.2M

$308.2M

$364.7M

Margins · last 8Q

Gross

-82.9%

Operating

4.0%

Profit

4.5%

Wall Street consensus

6 analysts · 83% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

83%

Hold

1

17%

Sell

0%

Median Price Target

Latest: Piper Sandler · Aug 5, 2026

vs Industry

How UPST stacks vs Financial - Credit Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.