Upstart Holdings, Inc. (UPST) closed at $26.93 in the latest trading session, marking a -2.39% move from the prior day. This change lagged the S&P 500's daily gain of 0.05%. Meanwhile, the Dow gained 0.46%, and the Nasdaq, a tech-heavy index, lost 0.64%.
Coming into today, shares of the company had lost 16.32% in the past month. In that same time, the Finance sector gained 1.74%, while the S&P 500 gained 0.61%.
The upcoming earnings release of Upstart Holdings, Inc. will be of great interest to investors. The company's earnings report is expected on August 4, 2026. The company is expected to report EPS of $0.58, up 61.11% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $354.89 million, indicating a 37.93% upward movement from the same quarter last year.
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.
It is also important to note the recent changes to analyst estimates for Upstart Holdings, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Upstart Holdings, Inc. possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Upstart Holdings, Inc. has a Forward P/E ratio of 12.24 right now. This signifies a premium in comparison to the average Forward P/E of 10.63 for its industry.
We can also see that UPST currently has a PEG ratio of 0.3. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Financial - Miscellaneous Services industry was having an average PEG ratio of 0.97.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Upstart Holdings, Inc. (UPST): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).