Upland Software Inc (UPLD) Analyst Thoughts: How High Can It Go?

Upland Software Inc (NASDAQ:UPLD) concluded the trading at $3.69 on Wednesday, November 27, with a fall of -4.65% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.87 and 5Y monthly beta was reading 1.142 with its price kept floating in the range of $3.55 and $3.8796 on the day. Considering stock’s 52-week price range provides that UPLD hit a high price of $5.28 and saw its price falling to a low level of $1.79 during that period. Over a period of past 1-month, stock came adding 67.73% in its value.

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With its current market valuation of $96.55 million, Upland Software Inc is set to declare its quarterly results in December. Analysts are in estimates of 0.2 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.95 for current year with estimates of that growing to 0.84 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 67.84M. They suggested that in the process company could generate revenue of as low as 67M which could climb up to 68.91M to hit a high. The average estimate is representing a decrease of -6.01% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 274.62M in current fiscal year, which will be -7.80% less from revenue generated by the company last year.

In contrast, when we review UPLD stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 50% Buy for it.

According to ratings assigned by 4 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 3 of them are recommending Upland Software Inc (UPLD) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.

Digging deeper we become aware of the PEG ratio of the UPLD stock which is currently positioned at 0. It further provides that stock’s current price level is 29.76% away from its 20-day simple moving average and is 42.29% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 68.67 while volatility remained at 14.93% over the past week which changes to 11.23% when measuring it over the past month. Beta is valued at 1.34, while measure of average true range or ATR is currently at 0.35. In predicting price targets of as low as $2.5 and as high as $25, analysts are in agreement on assigning the stock over the next 12 months average price target of $15.5. Stock’s current price level is 32.25% above from estimated low price target while it is -577.51% below the estimated high; and even if the UPLD’s share succeeded to reach the median price of $15.5, then the outlook of -320.05% could come to the excitement of the investors.

Having a second look at Upland Software Inc (NASDAQ:UPLD) provides that stock’s average daily trading volume for 3 months was 182.97K, while it jumped to 528010 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 29.91 million.

The percentage of outstanding shares held by the insiders is 19.11% while it is 56.94% for the institutional holders. The figures also indicate that as of 2024-11-15, number of stock’s short shares was 0.18 million which implies a short ratio of 1.3. This shows down a 72.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 0.22 million in the previous month. Subtraction of -12.77% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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