Upstart Holdings, Inc. (UPST) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Upstart Holdings, Inc. (UPST) closed the latest trading day at $65.14, indicating a +0.25% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.36%. Elsewhere, the Dow saw a downswing of 0.28%, while the tech-heavy Nasdaq appreciated by 0.51%.

Shares of the company witnessed a gain of 9.73% over the previous month, beating the performance of the Finance sector with its gain of 5.23% and the S&P 500's gain of 2.11%.

The upcoming earnings release of Upstart Holdings, Inc. will be of great interest to investors. The company's earnings report is expected on February 11, 2025. The company is forecasted to report an EPS of -$0.05, showcasing a 54.55% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $180.06 million, up 28.33% from the year-ago period.

Investors should also take note of any recent adjustments to analyst estimates for Upstart Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Upstart Holdings, Inc. presently features a Zacks Rank of #3 (Hold).

Investors should also note Upstart Holdings, Inc.'s current valuation metrics, including its Forward P/E ratio of 96.99. Its industry sports an average Forward P/E of 10.31, so one might conclude that Upstart Holdings, Inc. is trading at a premium comparatively.

The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 66, which puts it in the top 27% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.