(UPST) Upstart Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US91680M1071

Personal Loans, Auto Loans, Credit Lines, Small Loans

UPST EPS (Earnings per Share)

EPS (Earnings per Share) of UPST over the last years for every Quarter: "2020-03": 0.10057080728459, "2020-06": -0.42250254129173, "2020-09": 0.36151876016526, "2020-12": 0.039497113672462, "2021-03": 0.10999995644429, "2021-06": 0.39, "2021-09": 0.30000010304678, "2021-12": 0.59657322606405, "2022-03": 0.34247594224883, "2022-06": -0.35631128181883, "2022-09": -0.6883990983457, "2022-12": -0.67205072576565, "2023-03": -1.5779732735614, "2023-06": -0.33880424296228, "2023-09": -0.47763758071204, "2023-12": -0.49548086114896, "2024-03": -0.74224382890176, "2024-06": -0.61592633760724, "2024-09": -0.074989319736572, "2024-12": -0.029889025465884, "2025-03": -0.025955979846195, "2025-06": 0.05451506675106,

UPST Revenue

Revenue of UPST over the last years for every Quarter: 2020-03: 63.994, 2020-06: 17.353, 2020-09: 65.359, 2020-12: 86.71, 2021-03: 121.345, 2021-06: 193.946, 2021-09: 228.45, 2021-12: 304.848, 2022-03: 310.136, 2022-06: 228.162, 2022-09: 157.233, 2022-12: 146.913, 2023-03: 102.927, 2023-06: 135.766, 2023-09: 134.557, 2023-12: 134.869, 2024-03: 127.794, 2024-06: 127.63, 2024-09: 162.14, 2024-12: 211.27, 2025-03: 220.391, 2025-06: 257.291,

Description: UPST Upstart Holdings

Upstart Holdings, Inc. is a technology company that has revolutionized the lending industry with its cloud-based artificial intelligence (AI) platform. By leveraging machine learning algorithms, the company assesses creditworthiness and provides personalized loan options to consumers. The companys diversified product offerings, including personal loans, auto loans, and home equity lines of credit, cater to a wide range of customer needs.

Key performance indicators (KPIs) that can provide insights into the companys success include revenue growth, loan origination volume, and default rates. Notably, the companys ability to maintain a low default rate despite lending to non-traditional borrowers is a testament to the effectiveness of its AI-powered underwriting process. Additionally, metrics such as customer acquisition costs and retention rates can help investors understand the companys operational efficiency and long-term viability.

The companys growth prospects are further bolstered by its expanding partnerships with banks and other financial institutions, which enable it to reach a broader customer base. As the consumer finance industry continues to evolve, Upstart Holdings, Inc. is well-positioned to capitalize on emerging trends and opportunities. Investors can monitor the companys progress by tracking its quarterly earnings reports, guidance, and industry trends.

From a valuation perspective, investors can analyze metrics such as the price-to-sales ratio, enterprise value-to-EBITDA, and revenue multiples to determine whether the stock is fairly valued. Given the companys high growth rate, a premium valuation may be justified. However, investors should also be aware of potential risks, including regulatory changes, market competition, and economic downturns, which can impact the companys financial performance.

UPST Stock Overview

Market Cap in USD 6,167m
Sub-Industry Consumer Finance
IPO / Inception 2020-12-16

UPST Stock Ratings

Growth Rating 36.4%
Fundamental 53.2%
Dividend Rating -
Return 12m vs S&P 500 46.4%
Analyst Rating 3.47 of 5

UPST Dividends

Currently no dividends paid

UPST Growth Ratios

Growth Correlation 3m 49.4%
Growth Correlation 12m 31.7%
Growth Correlation 5y -33.2%
CAGR 5y 21.47%
CAGR/Max DD 5y 0.22
Sharpe Ratio 12m -0.30
Alpha 17.55
Beta 4.100
Volatility 90.29%
Current Volume 5782.7k
Average Volume 20d 6839.9k
Stop Loss 68.4 (-6.7%)
Signal -1.45

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (-6.35m TTM) > 0 and > 6% of Revenue (6% = 51.1m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA 16.97pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 40.13% (prev 252.0%; Δ -211.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.03 (>3.0%) and CFO -65.2m <= Net Income -6.35m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 2.17 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (102.9m) change vs 12m ago 16.30% (target <= -2.0% for YES)
Gross Margin 97.86% (prev 89.24%; Δ 8.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 39.60% (prev 28.83%; Δ 10.77pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.70 (EBITDA TTM -6.08m / Interest Expense TTM 40.7m) >= 6 (WARN >= 3)

Altman Z'' 0.03

(A) 0.14 = (Total Current Assets 634.4m - Total Current Liabilities 292.8m) / Total Assets 2.48b
(B) -0.16 = Retained Earnings (Balance) -408.0m / Total Assets 2.48b
(C) -0.01 = EBIT TTM -28.4m / Avg Total Assets 2.15b
(D) -0.23 = Book Value of Equity -408.0m / Total Liabilities 1.76b
Total Rating: 0.03 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 53.21

1. Piotroski 3.0pt = -2.0
2. FCF Yield 2.58% = 1.29
3. FCF Margin 21.79% = 5.45
4. Debt/Equity 1.98 = 0.80
5. Debt/Ebitda data missing
6. ROIC - WACC -18.73% = -12.50
7. RoE -0.97% = -0.16
8. Rev. Trend 69.90% = 3.50
9. Rev. CAGR 19.61% = 2.45
10. EPS Trend 75.47% = 1.89
11. EPS CAGR 30.50% = 2.50

What is the price of UPST shares?

As of August 31, 2025, the stock is trading at USD 73.28 with a total of 5,782,687 shares traded.
Over the past week, the price has changed by +6.43%, over one month by -8.89%, over three months by +56.95% and over the past year by +71.21%.

Is Upstart Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Upstart Holdings is currently (August 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 53.21 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of UPST is around 68.10 USD . This means that UPST is currently overvalued and has a potential downside of -7.07%.

Is UPST a buy, sell or hold?

Upstart Holdings has received a consensus analysts rating of 3.47. Therefor, it is recommend to hold UPST.
  • Strong Buy: 4
  • Buy: 2
  • Hold: 7
  • Sell: 1
  • Strong Sell: 1

What are the forecasts/targets for the UPST price?

Issuer Target Up/Down from current
Wallstreet Target Price 81.7 11.5%
Analysts Target Price 59.3 -19.1%
ValueRay Target Price 81.7 11.5%

Last update: 2025-08-19 02:49

UPST Fundamental Data Overview

Market Cap USD = 6.17b (6.17b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 400.6m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 39.3701
P/S = 6.9694
P/B = 8.5409
Beta = 2.391
Revenue TTM = 851.1m USD
EBIT TTM = -28.4m USD
EBITDA TTM = -6.08m USD
Long Term Debt = 1.24b USD (from longTermDebt, last quarter)
Short Term Debt = 189.5m USD (from shortTermDebt, last quarter)
Debt = 1.43b USD (Calculated: Short Term 189.5m + Long Term 1.24b)
Net Debt = 1.07b USD (from netDebt column, last quarter)
Enterprise Value = 7.19b USD (6.17b + Debt 1.43b - CCE 400.6m)
Interest Coverage Ratio = -0.70 (Ebit TTM -28.4m / Interest Expense TTM 40.7m)
FCF Yield = 2.58% (FCF TTM 185.5m / Enterprise Value 7.19b)
FCF Margin = 21.79% (FCF TTM 185.5m / Revenue TTM 851.1m)
Net Margin = -0.75% (Net Income TTM -6.35m / Revenue TTM 851.1m)
Gross Margin = 97.86% ((Revenue TTM 851.1m - Cost of Revenue TTM 18.3m) / Revenue TTM)
Tobins Q-Ratio = -17.63 (set to none) (Enterprise Value 7.19b / Book Value Of Equity -408.0m)
Interest Expense / Debt = 0.54% (Interest Expense 7.77m / Debt 1.43b)
Taxrate = 0.87% (from quarterly Income Tax Expense: 49.0k / 5.66m)
NOPAT = -28.4m (EBIT -28.4m, no tax applied on loss)
Current Ratio = 2.17 (Total Current Assets 634.4m / Total Current Liabilities 292.8m)
Debt / Equity = 1.98 (Debt 1.43b / last Quarter total Stockholder Equity 722.0m)
Debt / EBITDA = -234.8 (Net Debt 1.07b / EBITDA -6.08m)
Debt / EBITDA = -234.8 --> set to None
Debt / FCF = 7.70 (Debt 1.43b / FCF TTM 185.5m)
Total Stockholder Equity = 656.9m (last 4 quarters mean)
RoA = -0.26% (Net Income -6.35m, Total Assets 2.48b )
RoE = -0.97% (Net Income TTM -6.35m / Total Stockholder Equity 656.9m)
RoCE = -1.50% (Ebit -28.4m / (Equity 656.9m + L.T.Debt 1.24b))
RoIC = -1.48% (NOPAT -28.4m / Invested Capital 1.92b)
WACC = 17.25% (E(6.17b)/V(7.60b) * Re(21.12%)) + (D(1.43b)/V(7.60b) * Rd(0.54%) * (1-Tc(0.01)))
Shares Correlation 5-Years: 40.0 | Cagr: 1.01%
Discount Rate = 21.12% (= CAPM, Blume Beta Adj.) -> capped to 17.95% (dynamic)
[DCF Debug] Terminal Value 38.99% ; FCFE base≈185.5m ; Y1≈121.8m ; Y5≈55.7m
Fair Price DCF = 4.48 (DCF Value 431.1m / Shares Outstanding 96.2m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 69.90 | Revenue CAGR: 19.61%
Rev Growth-of-Growth: 46.74
EPS Correlation: 75.47 | EPS CAGR: 30.50%
EPS Growth-of-Growth: 116.5

Additional Sources for UPST Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle