Shares of Upstart Holdings Inc (UPST, Financial) fell 6.43% in mid-day trading on Dec 27. The stock reached an intraday low of $67.26, before recovering slightly to $67.40, down from its previous close of $72.03. This places UPST 24.23% below its 52-week high of $88.95 and 227.18% above its 52-week low of $20.60. Trading volume was 1,954,792 shares, 25.4% of the average daily volume of 7,691,213.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Upstart Holdings Inc (UPST, Financial) is $57.17 with a high estimate of $100.00 and a low estimate of $9.00. The average target implies an downside of 15.18% from the current price of $67.40. More detailed estimate data can be found on the Upstart Holdings Inc (UPST) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Upstart Holdings Inc’s (UPST, Financial) average brokerage recommendation is currently 3.0, indicating “Hold” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Upstart Holdings Inc (UPST, Financial) in one year is $37.54, suggesting a downside of 44.3% from the current price of $67.4. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. More detailed data can be found on the Upstart Holdings Inc (UPST) Summary page.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
On December 27, shares of Upstart Holdings Inc (UPST) saw a significant decrease, dropping 6.43% in value. This decline comes after a period of strong growth for the company, which has been making waves in the financial technology industry.
Investors may be reacting to various factors such as market volatility, profit-taking, or broader economic concerns. It’s important to note that one day of trading does not necessarily indicate a long-term trend, and fluctuations in stock prices are common in the market.
Despite this recent dip, Upstart Holdings Inc remains a promising player in the fintech sector, with its innovative AI-driven lending platform disrupting traditional lending practices. Investors and analysts will be closely watching to see how the company performs in the coming days and weeks.
Tags:
Upstart Holdings Inc, UPST stock, UPST share price, UPST news, UPST stock price, UPST stock update, UPST stock analysis, UPST stock performance, UPST stock market, UPST stock news, UPST stock price today, UPST stock price decrease, UPST stock price drop.
#Upstart #Holdings #UPST #Shares #Dec
Leave a Reply