Upstart Holdings Inc (NASDAQ:UPST) shares, rose in value, with the stock price down by -1.24% to the previous day’s close as strong demand from buyers drove the stock to $58.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $59.08. Referring to stock’s 52-week performance, its high was $96.43, and the low was $20.60. On the whole, UPST has fluctuated by 25.10% over the past month.
With the market capitalization of Upstart Holdings Inc currently standing at about $5.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.01B, with a low estimate of 223M and a high estimate of 231.32M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 225.68M.
The stock’s technical analysis shows that the price of UPST currently trading nearly 12.19% and 20.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.84, while the 7-day volatility ratio is showing 7.10% which for the 30-day chart, stands at 4.36%. Furthermore, Upstart Holdings Inc (UPST)’s beta value is 2.30, and its average true range (ATR) is 3.32.
A comparison of Upstart Holdings Inc (UPST) with its peers suggests the former has fared considerably weaker in the market. UPST showed an intraday change of -1.24% in today’s session so far, and over the past year, it grew by 160.59%%.
Data on historical trading for Upstart Holdings Inc (NASDAQ:UPST) indicates that the trading volumes over the past 3 months, they’ve averaged 6.28 million. According to company’s latest data on outstanding shares, there are 95.07 million shares outstanding.
Nearly 13.28% of Upstart Holdings Inc’s shares belong to company insiders and institutional investors own 63.06% of the company’s shares. The stock has fallen by -5.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UPST stock heading into the next quarter.
