Wedbush upgraded Upstart from Underperform to Neutral and set a new price target of $45.00 from $10.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | Sell → Neutral | BTIG Research | |
| 11/8/2024 | $56.00 → $87.00 | Neutral → Buy | Citigroup |
| 11/8/2024 | $30.00 → $45.00 | Underweight → Neutral | JP Morgan |
| 11/8/2024 | $31.00 → $85.00 | Neutral → Overweight | Piper Sandler |
| 10/14/2024 | $10.00 → $45.00 | Underperform → Neutral | Wedbush |
| 8/7/2024 | $15.00 → $33.00 | Sell → Neutral | Citigroup |
| 7/31/2024 | $17.00 → $31.00 | Underperform → Outperform | Mizuho |
| 6/7/2024 | $14.00 | Sell | BTIG Research |
4 - Upstart Holdings, Inc. (0001647639) (Issuer)
4 - Upstart Holdings, Inc. (0001647639) (Issuer)
4 - Upstart Holdings, Inc. (0001647639) (Issuer)
The Bank of Elk River, one of the largest community banks in Sherburne County, Minnesota, has announced a new partnership with Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, to provide digital-initiated personal loans to customers outside of their typical footprint.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Financials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TFC CALL TRADE BULLISH 08/16/24 $45.00 $636.3K 895 10.1K UPST CALL TRADE BULLISH 12/20
Upstart Hldgs's (NYSE:UPST) short percent of float has fallen 3.26% since its last report. The company recently reported that it has 25.16 million shares sold short, which is 32.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.64 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
BTIG Research upgraded Upstart from Sell to Neutral
Citigroup upgraded Upstart from Neutral to Buy and set a new price target of $87.00 from $56.00 previously
JP Morgan upgraded Upstart from Underweight to Neutral and set a new price target of $45.00 from $30.00 previously
SC 13G/A - Upstart Holdings, Inc. (0001647639) (Subject)
SC 13G/A - Upstart Holdings, Inc. (0001647639) (Subject)
SC 13G - Upstart Holdings, Inc. (0001647639) (Subject)
144 - Upstart Holdings, Inc. (0001647639) (Subject)
8-K - Upstart Holdings, Inc. (0001647639) (Filer)
8-K - Upstart Holdings, Inc. (0001647639) (Filer)
Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced a programmatic purchase commitment from funds managed by Blue Owl Capital Inc. ("Blue Owl"). Blue Owl's Alternative Credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months. The transaction includes an initial acquisition of a $290 million personal loan portfolio, which closed in September. "We are excited to support Upstart's efforts to make the consumer lending process dramatically more efficient for both borrowers and lenders," said David Aidi, Co-Head of Financial Assets, Blue Owl Alternative Credit. "We are also proud to leverage the Blue
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley
LawFi, Inc., ("LawFi") a pioneering Legal Fintech Lender and the Inventor of the "Legal Fee Loan" is pleased to announce the addition of Mr. Jeff Keltner to our growing team. Mr. Keltner has signed on as an Advisor to help guide our highly experienced teams. Jeff Keltner is an innovative digital lending veteran, formerly of Upstart (NASDAQ:UPST), a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for banks and credit unions. Upstart is the leading AI lending marketplace, connecting millions of consumers to 100+ banks and credit unions who leverage Upstart's artificial intelligence models and
Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced that DR Bank, an FDIC-insured member bank, is using Upstart's small-dollar loan product to support customers with short-term financial needs. These small relief loans are available in amounts between $250-$2,500, for periods of time between three to 18 months—at or below 36% APR. The loans are fast, simple, and far more affordable than many higher-cost credit options traditionally available to consumers facing urgent financial challenges. "We're excited DR Bank has chosen our small-dollar loan product to expand access to bank-quality credit," said Upstart co-founder and CEO Dave Girouard
UNCLE Credit Union (UNCLE), a Northern California-based credit union with over 38,000 members, has announced a new partnership with Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113614042/en/ "At UNCLE Credit Union, we are committed to offering exceptional financial services to meet all our members' needs while also promoting financial wellness throughout our surrounding communities," said Dree Johnson, Senior Vice President and Chief Operating Officer at UNCLE Credit Union. "We partnere
Upstart Holdings, Inc. (NASDAQ:UPST) today announced the pricing of $425,000,000 aggregate principal amount of Convertible Senior Notes due 2030 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act"). Upstart also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date the notes are first issued, up to an additional $75,000,000 aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on November 15, 20
Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for its third quarter of fiscal year 2024 ended September 30, 2024. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "With 43% sequential growth in lending volume and a return to positive adjusted EBITDA, we continue to strengthen Upstart's position as the fintech leader in artificial intelligence," said Dave Girouard, co-founder and CEO of Upstart. "Even without a significant boost from the macroeconomy, we're back in growth mode." Third Quarte
Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, announced today that its third quarter fiscal year 2024 business and financial results will be released on Thursday, Nov. 7, 2024, after the market close. Upstart will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. Prior to the conference call, the third quarter 2024 earnings press release and investor presentation will be available on Upstart's investor relations website at ir.upstart.com. Live webcast. The live webcast will be accessible on Upstart's investor relations website, ir.upstart.com, and an archived webcast of the conference call will be availabl
Upstart Holdings, Inc. (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for its second quarter of fiscal year 2024 ended June 30, 2024. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "The guidance we released today demonstrates that we're on track toward resuming our role as the fintech known for high growth and healthy margins," said Dave Girouard, CEO, Upstart. "The improvements in our business are coming from significant advances in our AI model, a revitalized funding supply, and increased operating efficiency.