What is Wedbush’s Forecast for Upstart FY2026 Earnings?

Upstart Holdings, Inc. (NASDAQ:UPST) – Research analysts at Wedbush increased their FY2026 earnings per share (EPS) estimates for Upstart in a note issued to investors on Monday, November 25th. Wedbush analyst D. Chiaverini now anticipates that the company will post earnings of $0.31 per share for the year, up from their previous forecast of $0.30. Wedbush currently has a “Neutral” rating and a $60.00 target price on the stock. The consensus estimate for Upstart’s current full-year earnings is ($2.18) per share.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. upgraded shares of Upstart from an “underweight” rating to a “neutral” rating and lifted their price target for the stock from $30.00 to $45.00 in a research note on Friday, November 8th. Piper Sandler upgraded shares of Upstart from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $31.00 to $85.00 in a research note on Friday, November 8th. BTIG Research upgraded Upstart from a “sell” rating to a “neutral” rating in a research note on Monday, November 11th. Needham & Company LLC reiterated a “hold” rating on shares of Upstart in a research report on Thursday, August 8th. Finally, Citigroup raised Upstart from a “neutral” rating to a “buy” rating and raised their target price for the stock from $56.00 to $87.00 in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $46.83.

Upstart Stock Performance

NASDAQ UPST opened at $79.52 on Tuesday. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of -41.20 and a beta of 1.97. The stock has a 50-day moving average of $52.29 and a 200 day moving average of $37.24. Upstart has a one year low of $20.60 and a one year high of $86.07.

Insider Activity at Upstart

In other Upstart news, CEO Dave Girouard sold 41,667 shares of Upstart stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $65.15, for a total transaction of $2,714,605.05. Following the transaction, the chief executive officer now owns 61,512 shares of the company’s stock, valued at $4,007,506.80. The trade was a 40.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chief Legal Officer Scott Darling sold 9,000 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $45.00, for a total transaction of $405,000.00. Following the completion of the sale, the insider now directly owns 164,870 shares of the company’s stock, valued at approximately $7,419,150. This trade represents a 5.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 451,742 shares of company stock worth $24,719,949. 18.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of UPST. Vanguard Group Inc. boosted its stake in Upstart by 1.6% during the first quarter. Vanguard Group Inc. now owns 7,128,975 shares of the company’s stock worth $191,698,000 after buying an additional 115,057 shares during the period. Geode Capital Management LLC increased its holdings in Upstart by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,816,774 shares of the company’s stock worth $72,702,000 after purchasing an additional 29,482 shares during the period. Fred Alger Management LLC raised its holdings in shares of Upstart by 153.2% in the third quarter. Fred Alger Management LLC now owns 1,246,839 shares of the company’s stock valued at $49,886,000 after acquiring an additional 754,416 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Upstart by 63.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 725,582 shares of the company’s stock valued at $29,031,000 after purchasing an additional 282,481 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Upstart by 5.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 642,876 shares of the company’s stock worth $25,721,000 after buying an additional 32,052 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors.

Upstart Company Profile

Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.