Upstart (UPST) Stock Forecast, Price Target & Predictions
UPST Stock Forecast
Upstart stock forecast is as follows: an average price target of $33.11 (represents a -12.94% downside from UPST’s last price of $38.03) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
UPST Price Target
The average price target for Upstart (UPST) is $33.11 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $10.00. This represents a potential -12.94% downside from UPST's last price of $38.03.
UPST Analyst Ratings
According to 14 Wall Street analysts, Upstart's rating consensus is 'Hold'. The analyst rating breakdown for UPST stock is 0 'Strong Buy' (0.00%), 2 'Buy' (14.29%), 7 'Hold' (50.00%), 5 'Sell' (35.71%), and 0 'Strong Sell' (0.00%).
Upstart Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Ramsey El-Assal | Barclays | $35.00 | $36.25 | -3.45% | -7.97% |
| Aug 07, 2024 | Arvind Ramnani | Piper Sandler | $31.00 | $33.30 | -6.91% | -18.49% |
| Aug 07, 2024 | Peter Christiansen | Citigroup | $33.00 | $33.30 | -0.90% | -13.23% |
| Jul 31, 2024 | Dan Dolev | Mizuho Securities | $31.00 | $26.03 | 19.09% | -18.49% |
| May 09, 2024 | Dan Dolev | Mizuho Securities | $17.00 | $23.11 | -26.44% | -55.30% |
| Feb 14, 2024 | Michael Ng | Goldman Sachs | $12.00 | $26.46 | -54.65% | -68.45% |
| Feb 14, 2024 | Arvind Ramnani | Piper Sandler | $24.00 | $26.46 | -9.30% | -36.89% |
| May 10, 2023 | David Chiaverini | Wedbush | $10.00 | $18.75 | -46.67% | -73.70% |
| Feb 15, 2023 | Arvind Ramnani | Piper Sandler | $16.00 | $20.74 | -22.87% | -57.93% |
| Feb 15, 2023 | Dan Dolev | Mizuho Securities | $16.00 | $20.74 | -22.87% | -57.93% |
The latest Upstart stock forecast, released on Aug 12, 2024 by Ramsey El-Assal from Barclays, set a price target of $35.00, which represents a -3.45% decrease from the stock price at the time of the forecast ($36.25), and a -7.97% decrease from UPST last price ($38.03).
Upstart Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 7 |
| Avg Price Target | - | $32.50 | $26.14 |
| Last Closing Price | $38.03 | $38.03 | $38.03 |
| Upside/Downside | -100.00% | -14.54% | -31.26% |
In the current month, the average price target of Upstart stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Upstart's last price of $38.03. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 20, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Aug 20, 2024 | Wedbush | Equal-Weight | Equal-Weight | Hold |
| Aug 12, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | JMP Securities | Market Perform | Market Perform | Hold |
| Aug 07, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Aug 07, 2024 | Wedbush | Underperform | Underperform | Hold |
| Aug 07, 2024 | J.P. Morgan | Underweight | Underweight | Hold |
| Aug 07, 2024 | Citigroup | Neutral | Mixed | Upgrade |
| Aug 07, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 31, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
Upstart's last stock rating was published by Piper Sandler on Aug 20, 2024. The company gave UPST a "Underperform" rating, the same as its previous rate.
Upstart Financial Forecast
Upstart Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $140.31M | - | $135.77M | $102.93M | $145.74M | $157.23M | - | $310.14M | $298.50M | $227.70M | $193.95M | $121.33M | $77.72M |
| Avg Forecast | $220.43M | $207.23M | $197.20M | $182.51M | $192.42M | $180.80M | $176.93M | $167.99M | $161.85M | $149.22M | $124.55M | $125.05M | $134.83M | $139.68M | $135.21M | $99.72M | $133.61M | $169.44M | $241.63M | $300.13M | $262.86M | $214.88M | $157.75M | $115.64M | $73.68M |
| High Forecast | $223.27M | $209.90M | $199.73M | $184.85M | $194.90M | $183.13M | $179.21M | $170.16M | $163.93M | $149.85M | $126.15M | $126.65M | $135.29M | $145.39M | $136.95M | $101.01M | $135.33M | $171.62M | $241.63M | $334.49M | $292.96M | $239.48M | $175.81M | $128.88M | $82.12M |
| Low Forecast | $218.27M | $205.20M | $195.27M | $180.72M | $190.54M | $179.03M | $175.20M | $166.35M | $160.27M | $148.96M | $123.33M | $123.82M | $134.55M | $137.42M | $133.89M | $98.75M | $132.30M | $167.78M | $241.63M | $266.37M | $233.29M | $190.70M | $140.00M | $102.63M | $65.39M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | - | 1.00% | 1.03% | 1.09% | 0.93% | - | 1.03% | 1.14% | 1.06% | 1.23% | 1.05% | 1.05% |
Upstart's average Quarter revenue forecast for Mar 24 based on 3 analysts is $125.05M, with a low forecast of $123.82M, and a high forecast of $126.65M. UPST's average Quarter revenue forecast represents a -10.88% decrease compared to the company's last Quarter revenue of $140.31M (Dec 23).
Upstart EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-38.40M | - | $-23.72M | $-131.84M | $-46.73M | $-49.44M | - | $36.45M | $62.30M | $30.30M | $39.78M | $12.17M | $3.12M |
| Avg Forecast | $-7.32M | $-6.88M | $-6.55M | $-6.06M | $-6.39M | $-6.00M | $-5.87M | $-5.58M | $-5.37M | $-4.95M | $-4.14M | $-2.33M | $-4.48M | $-4.64M | $-4.49M | $-2.12M | $-4.44M | $20.95M | $-8.02M | $-1.93M | $86.53M | $19.05M | $49.72M | $7.14M | $-2.45M |
| High Forecast | $-7.25M | $-6.81M | $-6.48M | $-6.00M | $-6.33M | $-5.94M | $-5.82M | $-5.52M | $-5.32M | $-4.95M | $-4.09M | $-1.87M | $-4.47M | $-4.56M | $-4.45M | $-1.70M | $-4.39M | $25.14M | $-8.02M | $-1.54M | $103.84M | $22.85M | $59.66M | $8.57M | $-2.17M |
| Low Forecast | $-7.41M | $-6.97M | $-6.63M | $-6.14M | $-6.47M | $-6.08M | $-5.95M | $-5.65M | $-5.44M | $-4.98M | $-4.19M | $-2.80M | $-4.49M | $-4.83M | $-4.55M | $-2.54M | $-4.49M | $16.76M | $-8.02M | $-2.31M | $69.22M | $15.24M | $39.78M | $5.71M | $-2.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 8.58% | - | 5.28% | 62.19% | 10.54% | -2.36% | - | -18.92% | 0.72% | 1.59% | 0.80% | 1.70% | -1.27% |
4 analysts predict UPST's average Quarter EBITDA for Jul 22 to be $-8.02M, with a high of $-8.02M and a low of $-8.02M. This is -122.01% lower than Upstart's previous annual EBITDA (Mar 22) of $36.45M.
Upstart Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-42.40M | - | $-28.16M | $-129.25M | $-55.26M | $-56.22M | - | $32.69M | $58.94M | $29.11M | $37.28M | $10.10M | $1.03M |
| Avg Forecast | $28.74M | $19.01M | $13.27M | $11.94M | $8.94M | $5.01M | $2.98M | $-3.01M | $-3.58M | $-12.98M | $-34.72M | $-2.98M | $-12.51M | $-1.70M | $-6.06M | $-2.71M | $-41.85M | $20.13M | $5.86M | $-2.46M | $81.87M | $18.30M | $46.60M | $5.93M | $1.10M |
| High Forecast | $29.22M | $19.33M | $13.49M | $12.14M | $9.09M | $5.10M | $3.03M | $-2.97M | $-3.54M | $-11.12M | $-34.28M | $-2.38M | $-6.67M | $-1.68M | $-5.98M | $-2.17M | $-41.32M | $24.16M | $5.86M | $-1.97M | $98.24M | $21.96M | $55.93M | $7.11M | $1.26M |
| Low Forecast | $28.38M | $18.77M | $13.10M | $11.79M | $8.83M | $4.95M | $2.94M | $-3.06M | $-3.64M | $-14.83M | $-35.30M | $-3.57M | $-14.18M | $-1.73M | $-6.16M | $-3.25M | $-42.55M | $16.10M | $5.86M | $-2.95M | $65.49M | $14.64M | $37.28M | $4.74M | $938.16K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.39% | - | 4.65% | 47.74% | 1.32% | -2.79% | - | -13.28% | 0.72% | 1.59% | 0.80% | 1.70% | 0.93% |
Upstart's average Quarter net income forecast for Jul 22 is $5.86M, with a range of $5.86M to $5.86M. UPST's average Quarter net income forecast represents a -82.06% decrease compared to the company's last Quarter net income of $32.69M (Mar 22).
Upstart SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $121.56M | - | $111.14M | $124.69M | $141.38M | $149.14M | - | $225.31M | $197.94M | $162.77M | $126.22M | $86.78M | $62.17M |
| Avg Forecast | $146.34M | $137.58M | $130.91M | $121.16M | $127.74M | $120.03M | $117.46M | $111.53M | $107.45M | $99.06M | $82.68M | $83.01M | $89.51M | $92.73M | $89.76M | $66.20M | $88.70M | $112.54M | $160.41M | $113.22M | $174.51M | $102.31M | $104.73M | $50.91M | $48.91M |
| High Forecast | $148.22M | $139.34M | $132.60M | $122.72M | $129.39M | $121.57M | $118.97M | $112.96M | $108.83M | $99.48M | $83.75M | $84.08M | $89.81M | $96.52M | $90.92M | $67.06M | $89.84M | $135.05M | $160.41M | $135.86M | $194.48M | $122.77M | $116.72M | $61.10M | $54.51M |
| Low Forecast | $144.90M | $136.23M | $129.63M | $119.97M | $126.49M | $118.85M | $116.31M | $110.43M | $106.40M | $98.89M | $81.87M | $82.20M | $89.32M | $91.23M | $88.88M | $65.56M | $87.83M | $90.03M | $160.41M | $90.58M | $154.87M | $81.85M | $92.95M | $40.73M | $43.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | - | 1.24% | 1.88% | 1.59% | 1.33% | - | 1.99% | 1.13% | 1.59% | 1.21% | 1.70% | 1.27% |
Upstart's average Quarter SG&A projection for Mar 24 is $83.01M, based on 3 Wall Street analysts, with a range of $82.20M to $84.08M. The forecast indicates a -31.71% fall compared to UPST last annual SG&A of $121.56M (Dec 23).
Upstart EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.50 | - | $-0.34 | $-1.58 | $-0.67 | $-0.69 | - | $0.39 | $0.71 | $0.37 | $0.49 | $0.14 | $0.04 |
| Avg Forecast | $0.33 | $0.21 | $0.15 | $0.14 | $0.10 | $0.06 | $0.03 | $-0.03 | $-0.04 | $-0.15 | $-0.39 | $-0.37 | $-0.14 | $-0.02 | $-0.07 | $-0.75 | $-0.47 | $-0.08 | $0.07 | $0.53 | $0.51 | $0.33 | $0.25 | $0.15 | $0.01 |
| High Forecast | $0.33 | $0.22 | $0.15 | $0.14 | $0.10 | $0.06 | $0.03 | $-0.03 | $-0.04 | $-0.13 | $-0.39 | $-0.36 | $-0.08 | $-0.02 | $-0.07 | $-0.74 | $-0.47 | $-0.08 | $0.07 | $0.61 | $0.58 | $0.38 | $0.28 | $0.17 | $0.01 |
| Low Forecast | $0.32 | $0.21 | $0.15 | $0.13 | $0.10 | $0.06 | $0.03 | $-0.03 | $-0.04 | $-0.17 | $-0.40 | $-0.37 | $-0.16 | $-0.02 | $-0.07 | $-0.76 | $-0.48 | $-0.08 | $0.07 | $0.45 | $0.43 | $0.29 | $0.21 | $0.13 | $0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.50% | - | 4.96% | 2.10% | 1.42% | 8.37% | - | 0.74% | 1.40% | 1.11% | 1.99% | 0.94% | 3.08% |
According to 4 Wall Street analysts, Upstart's projected average Quarter EPS for Jul 22 is $0.07, with a low estimate of $0.07 and a high estimate of $0.07. This represents a -82.72% decrease compared to UPST previous annual EPS of $0.39 (Mar 22).
Upstart Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PYPL | PayPal | $70.10 | $109.18 | 55.75% | Buy |
| ALLY | Ally Financial | $32.97 | $47.21 | 43.19% | Buy |
| SOFI | SoFi | $7.74 | $9.74 | 25.84% | Hold |
| COF | Capital One Financial | $138.97 | $167.58 | 20.59% | Hold |
| V | Visa | $287.35 | $289.33 | 0.69% | Buy |
| MA | Mastercard | $493.36 | $469.03 | -4.93% | Buy |
| UPST | Upstart | $38.03 | $33.11 | -12.94% | Hold |
| AXP | American Express Company | $259.00 | $204.41 | -21.08% | Hold |
UPST Forecast FAQ
Is Upstart a good buy?
No, according to 14 Wall Street analysts, Upstart (UPST) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 14.29% of UPST's total ratings.
What is UPST's price target?
Upstart (UPST) average price target is $33.11 with a range of $10 to $85, implying a -12.94% from its last price of $38.03. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Upstart stock go up soon?
According to Wall Street analysts' prediction for UPST stock, the company can go down by -12.94% (from the last price of $38.03 to the average price target of $33.11), up by 123.51% based on the highest stock price target, and down by -73.70% based on the lowest stock price target.
Can Upstart stock reach $60?
UPST's highest twelve months analyst stock price target of $85 supports the claim that Upstart can reach $60 in the near future.
What are Upstart's analysts' financial forecasts?
Upstart's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $718.15M (high $727.39M, low $711.12M), average EBITDA is $-23.844M (high $-23.61M, low $-24.15M), average net income is $13.92M (high $14.24M, low $13.66M), average SG&A $476.76M (high $482.89M, low $472.09M), and average EPS is $0.157 (high $0.161, low $0.154). UPST's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $807.37M (high $817.75M, low $799.46M), average EBITDA is $-26.806M (high $-26.543M, low $-27.151M), average net income is $72.96M (high $74.18M, low $72.03M), average SG&A $535.99M (high $542.88M, low $530.74M), and average EPS is $0.825 (high $0.839, low $0.814).
Did the UPST's actual financial results beat the analysts' financial forecasts?
Based on Upstart's last annual report (Dec 2023), the company's revenue was $513.56M, beating the average analysts forecast of $509.45M by 0.81%. Apple's EBITDA was $-232M, beating the average prediction of $-15.723M by 1373.12%. The company's net income was $-240M, beating the average estimation of $-22.976M by 945.15%. Apple's SG&A was $465.05M, beating the average forecast of $338.21M by 37.50%. Lastly, the company's EPS was $-2.867, beating the average prediction of $-0.98 by 192.52%. In terms of the last quarterly report (Dec 2023), Upstart's revenue was $140.31M, beating the average analysts' forecast of $134.83M by 4.07%. The company's EBITDA was $-38.398M, beating the average prediction of $-4.477M by 757.76%. Upstart's net income was $-42.398M, beating the average estimation of $-12.507M by 238.98%. The company's SG&A was $121.56M, beating the average forecast of $89.51M by 35.80%. Lastly, the company's EPS was $-0.495, beating the average prediction of $-0.141 by 250.35%