Upstart Holdings, Inc. (UPST) closed the most recent trading day at $30.88, moving -2.25% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.51%. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 1.47%.
The company's shares have seen an increase of 3.71% over the last month, surpassing the Finance sector's gain of 3.25% and the S&P 500's gain of 0.53%.
Investors will be eagerly watching for the performance of Upstart Holdings, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. The company's upcoming EPS is projected at $0.58, signifying a 61.11% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $354.89 million, up 37.93% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.25 per share and revenue of $1.43 billion, which would represent changes of +29.31% and +36.53%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Upstart Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Upstart Holdings, Inc. is currently a Zacks Rank #3 (Hold).
In terms of valuation, Upstart Holdings, Inc. is currently trading at a Forward P/E ratio of 14.02. This indicates a premium in contrast to its industry's Forward P/E of 11.11.
One should further note that UPST currently holds a PEG ratio of 0.34. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Financial - Miscellaneous Services was holding an average PEG ratio of 0.94 at yesterday's closing price.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 161, placing it within the bottom 35% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Upstart Holdings, Inc. (UPST): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).