Upstart or Upst is the leading loan provider for education and employment in the United States. In this article, I will discuss the technical analysis for Upst Stock Price Target
What is Upst?
Upstart is an AI lending platform that has partnered with credit card and bank unions to provide loans with the help of non-traditional variables like employment and education to determine creditworthiness. The founding team of the company is Anna Counselman, former manager of global enterprises customer programs and Gmail consumer operations at Google, Dave Girouard, former President of Enterprise Google, and Paul Ga, a Thiel Fellow.
The company is headquartered in San Mateo, California, US. The revenue reported by the company for 2021 was $848.59 million and the net income was $135.44 million. The total assets of the company were $1.82 billion and the total equity was $807.08 million.
Upst stock price
The current Upst stock price is $20.98. The stock has been trading at similar prices for the last five months. The highest stock price was $400 in October 2021.
Upst stock price financial
Upst stock price technical analysis
Upst stock has consolidated in the zone for the last 9 months. If the stock breaks the upper line, then the buyers can think of buying the stock.
Upst stock price target
Upst stock price target for 2023
It is estimated by analysts that the stock will have a negative trend. The minimum expected price that can be touched by Upst stock is $12.93 and the maximum price that can be crossed is $15.40.
Upst stock price target for 2024
The research analysts have estimated that the stock will show positive trends compared to 2023. Upst stock price is likely to cross the maximum price of 2023. The minimum price is expected to be $15.90 and the maximum price is expected to be $18.60. The stock represented monthly volatility of 15.035%.
Upst stock price target for 2025
Upst stock price is expected to show huge growth in 2025 as per stock market analysts. The stock price is expected to touch $27.60 by the end of the year. Apart from this, the minimum expected Upst stock price is $24 and the maximum expected price is $30.80.
Upst stock price target for 2026
The stock market analyst predicted that the lowest Upst stock price is $28.9 and the highest stock price is $34. There are high chances of an upward trend with monthly volatility of 17.19%.
What is the future of Upst stock?
Almost 13 stock market analysts stated that the 12-month price forecast has a median target of $15, a low estimate of $8, and a high estimate of $24.
Who are Upst competitors?
Some of the competitors are Social Leverage Acquisition Corp I (SLAC), CTS (CTS), OSI Systems (OSIS), Compass (COMP), Harmonic (HLIT), Stem (STEM), Perion Network (PERI), Alkami Technology (ALKT), Ultra Clean (UCTT), and Magnite (MGNI).
Should I hold Upst?
The consensus among analysts is ‘hold’. Out of thirteen ratings, three are ‘buy’, eight are ‘hold’, and two are ‘sell’. Upstart Stock is a Hold right now – meaning that analysts are advising you to neither buy new shares nor sell the ones you are holding and maintain your current stock position.
Frequently asked questions
Is Upst a dividend stock?
No, Upst does not pay dividends. It is not a dividend stock.
Is Upst a good buy?
Upst can be a good buy.
Is Upst risky?
Upst can be risky and it is advised to closely observe the risk and return analysis of the company. The score of Upst is 46 which is 8% less than the historic median score of 50. This means a higher risk than normal
Is Upst a profitable company?
The company has risen by 59% in terms of revenue in the previous year which is an indication that it is better than several other loss-making companies.
Disclaimer: If you want to invest in the stock market, you should consult your financial advisor before making a buying decision. You should assess the risk and study the company details.
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