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Upstart Holdings, Inc. logo

Upstart Holdings, Inc.

UPST

NASDAQFinancial ServicesFinancial - Credit Services

Open in GoAI

Previous close

$30.30

+$1.44 · +4.99%

Aug 21, 4:00 PM ET

Pre-market

$30.10

−$0.20 · -0.66%

Aug 24, 6:12 AM ET

UPST company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

75

Undervalued

Momentum

38

Weakening

Sentiment

65

Bullish

Risk resilience

25

High Risk

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Company profile

Company website

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company operates through three segments: Personal Lending, Auto Lending, and Other. Its platform includes unsecured personal loans, small dollar loans, auto refinance, auto retail loans, and auto secured personal loan, and home equity lines of credit. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.

Industry
Financial - Credit Services
Sector
Financial Services
Headquarters
US
CEO
Paul Gu
Listed since
Dec 16, 2020
Employees
1,405

Market position

Day range

Current $30.30

52-week range

Current $30.30

Open
$29.00
Previous close
$28.86
Volume
4.63M
1× average
Average volume
4.64M
Average daily volume
Market cap
2.9B USD
Beta
2.17
Market reference 1
50-day average
$30.8152
-1.67% below average
200-day average
$34.5628
-12.33% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.39B USD
P/E (TTM)
48.76×
P/B (TTM)
3.67×
P/S (TTM)
2.51×
EV / EBITDA
68.12×
Earnings yield
1.28%
Free cash flow yield
-3.96%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
74.44%
Operating margin
4.16%
Net margin
5.22%
Return on equity
6.71%
Return on assets
1.80%
Return on invested capital
2.01%

Financial health

Debt / equity
2.54×
Current ratio
2.99×
Altman Z-score
1.35
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends114%57%-1%-58%Gross margin, FY2021: 99.61%Gross margin, FY2022: 98.18%Gross margin, FY2023: 92.77%Gross margin, FY2024: 92.89%Gross margin, FY2025: 95.21%Operating margin, FY2021: 15.74%Operating margin, FY2022: -12.78%Operating margin, FY2023: -43.82%Operating margin, FY2024: -18.97%Operating margin, FY2025: 5.05%Net margin, FY2021: 15.94%Net margin, FY2022: -12.73%Net margin, FY2023: -43.84%Net margin, FY2024: -18.99%Net margin, FY2025: 4.98%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 99.61%. Gross margin FY2022 98.18%. Gross margin FY2023 92.77%. Gross margin FY2024 92.89%. Gross margin FY2025 95.21%. Operating margin FY2021 15.74%. Operating margin FY2022 -12.78%. Operating margin FY2023 -43.82%. Operating margin FY2024 -18.97%. Operating margin FY2025 5.05%. Net margin FY2021 15.94%. Net margin FY2022 -12.73%. Net margin FY2023 -43.84%. Net margin FY2024 -18.99%. Net margin FY2025 4.98%.

Income trends

Revenue

1.08B USD+58.87%

Operating income

54.33M USD+182.73M USD

Net income

53.6M USD+182.18M USD
Income trends across reported periods1.21B USD680.83M USD154.56M USD−371.7M USDRevenue, FY2021: 849.89M USDRevenue, FY2022: 853.29M USDRevenue, FY2023: 547.72M USDRevenue, FY2024: 676.96M USDRevenue, FY2025: 1.08B USDOperating income, FY2021: 133.73M USDOperating income, FY2022: −109.07M USDOperating income, FY2023: −240.03M USDOperating income, FY2024: −128.4M USDOperating income, FY2025: 54.33M USDNet income, FY2021: 135.44M USDNet income, FY2022: −108.67M USDNet income, FY2023: −240.13M USDNet income, FY2024: −128.58M USDNet income, FY2025: 53.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 849.89M USD. Revenue FY2022 853.29M USD. Revenue FY2023 547.72M USD. Revenue FY2024 676.96M USD. Revenue FY2025 1.08B USD. Operating income FY2021 133.73M USD. Operating income FY2022 −109.07M USD. Operating income FY2023 −240.03M USD. Operating income FY2024 −128.4M USD. Operating income FY2025 54.33M USD. Net income FY2021 135.44M USD. Net income FY2022 −108.67M USD. Net income FY2023 −240.13M USD. Net income FY2024 −128.58M USD. Net income FY2025 53.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.08B USD676.96M USD547.72M USD853.29M USD849.89M USD
Cost of goods sold51.54M USD48.13M USD39.6M USD15.53M USD3.27M USD
Gross profit1.02B USD628.83M USD508.12M USD837.76M USD846.61M USD
Selling, general, and administrative743.62M USD555.73M USD489.95M USD719.06M USD572.47M USD
Operating expenses969.66M USD757.23M USD748.14M USD946.83M USD712.88M USD
Interest income204.23M USD186.36M USD169M USD105.58M USD20.63M USD
Interest expense51.54M USD48.13M USD39.6M USD15.53M USD3.27M USD
Depreciation and amortization24.84M USD20.55M USD24.9M USD13.51M USD7.54M USD
Operating income54.33M USD−128.4M USD−240.03M USD−109.07M USD133.73M USD
Net income53.6M USD−128.58M USD−240.13M USD−108.67M USD135.44M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.45
FY2025
Latest fiscal-year revenue
1.08B USD
FY2025 · +58.87% year over year
Next fiscal-year EPS consensus
0.691
FY2026 · 7 analysts
Next fiscal-year revenue consensus
1.42B USD
FY2026 · 10 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend4.031.52-0.99-3.5FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend2.87B2.02B1.18B336.74MFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$40.00

32.01% upside
Past 12 months12-month forecastHigh $51.00Average $40.00Low $30.00

Recent analyst actions

12 institutions
Compass PointupgradeSellNeutral

UPST news

fool.com

Is Upstart Stock a Buy After Falling 55% This Year? Here's What to Know as One Insider Disposes of Shares

The executive disposed of 18,945 shares across two trading sessions for a total transaction value of $566,000. The activity reduced the executive's direct equity holdings by 6%.

Read source
fool.com

An Upstart Insider Filing Involves $216,000. Here's How It Connects to a New Bank Charter

The disposition involved 7,696.0 shares at $28.09 per share, representing a total transaction value of $216,000 on August 20, 2026. The move reduced the total equity position by 6% and the direct ownership stake by 10%.

Read source
fool.com

Upstart's CFO Sold Stock as the Company Returned to Profit. Here's What to Know

The transaction involved 10,175 shares at a weighted average price of $29.35 per share, representing a total value of $298,600. This sale included a non-discretionary event executed to satisfy tax withholding obligations…

Read source
247wallst.com

SoFi Climbs 6%, Upstart Jumps 8%, Affirm Rises 7% as Fintech Names Rebound With Bond Market Catalyst

Fintech names are rebounding at midday Wednesday. SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) stock is up 6% to $18.66, Upstart Holdings (NASDAQ:UPST) stock is up 8% to $31.58, and Affirm Holdings…

Read source
zacks.com

SoFi vs. Upstart: Which Fintech Lending Stock Fits Your Portfolio Best?

SoFi's diversified revenues, stronger profitability and deposit funding give it an edge over Upstart, despite its richer forward sales valuation.

Read source
marketbeat.com

Upstart CEO Outlines AI Lending Growth Push, Targets Profitable Home and Auto Expansion

Upstart NASDAQ: UPST CEO Paul Gu said the company is entering a “second leg” of its development, focused on converting its artificial-intelligence lending platform into sustained profitable growth while expanding into…

Read source

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ETFs holding UPST

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
71.02M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
62.68M
Weight
0.08%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
51.29M
Weight
0.03%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
29.45M
Weight
0.07%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
26.58M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
25.77M
Weight
0.40%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94+0.80%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
23.01M
Weight
0.15%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
13.17M
Weight
0.07%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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