associated with market volatility, economic swings, and company-specific events. Peers / Competitors; Continue. In . Upstart Holdings, Inc. Upstart Holdings, Inc. (UPST) has recently been on Zacks.com's list of the most searched stocks. Upstart's return on equity of 0.68% beat Social Leverage Acquisition Corp I's return on equity. Statistics: Only 27.6% of the global population has received one dose of . Also note among these loans transacted, the company improved the conversion rate of people who actually took a loan by 15% (which is the #No of loans transacted by the number of loan inquiries received). #247 Mark Cuban Identify stocks that meet your criteria using seven unique stock screeners. Key Points. Upstart uses around 1,600+ data points and over 10-milllion of trained data around repayment events to accurately identify and measure credit risks. (M$) LATITUDE GROUP HOLDINGS LIMITED . Y'all are in for a treat, it's a 2-Rohit's-for-the-price of one analysis! Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart HoldingsInc ownership drivers and Upstart HoldingsInc insiders and institutional holders. Inside Upstart Holdings, Inc.'s 10-Q Quarterly Report: Financial - Expense Highlight. Upstart actually made profits over the trailing 12 months, but revenue declined, and the company swung from a profit of $37 million in net income in the year-ago quarter to a net loss of $30 . This is impressive. Upstart Holdings Inc 's competitive profile, comparisons of quarterly results to its competitors, by sales, income, profitability, market share by products and services - CSIMarket Company Name, Ticker, Customers, else.. My name is Dave Girouard, co-founder and CEO of Upstart, which is a leading artificial intelligence ("AI") lending platform. Prodigy's product is well-loved among dealerships. Upstart has a beta of 1.06, meaning that its stock price is 6% more volatile than the S&P 500. The full range of available rates varies by state. I wrote this article myself, and it expresses my own opinions. NasdaqGS:QFIN US$2.7b. Now the key question is: Where could the stock be headed in the near term? Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. This is the same archaic system that has been used for many decades and many groups of people are being excluded due to this process. In the table, you'll find all the components (individual stock symbols) found in that sector, ranking them by their Weighted Alpha (a rating of growth patterns in a one-year period). I have no business relationship with any company whose stock is mentioned in this article. Given Upstart's higher probable upside, equities analysts plainly believe Upstart is more favorable than Social Leverage Acquisition Corp I. Upstart has higher revenue and earnings than Social Leverage Acquisition Corp I. Upstart beats Social Leverage Acquisition Corp I on 9 of the 13 factors compared between the two stocks. Hence, in 2021 more banks are looking for more sophisticated tools to lend out cash reserves in a responsible and profitable manner. Upstart ranks 1st in Gender Score on Comparably vs its competitors. The $828.94 million and $665.68 million estimates for the current and next fiscal years indicate changes of -2.3% and -19.7%, respectively. They will spend more money, ultimately leading to a higher demand for loans. Use fundamental and technical analysis of Upstart Holdings and its peers Upstart Holdings Inc (NASDAQ:UPST) 16.86 Delayed Data As of Dec 07 -0.27 / -1.58% Today's Change 14.02 Today ||| 52-Week Range 199.80 -88.86% Year-to-Date Quote Profile News Charts Forecasts. A Goldman Sachs analyst downgraded his rating for artificial-intelligence lending company Upstart Holdings citing competition and reduced revenue guidance. The company remarkably grew top-line revenue at over 70% annualized while achieving profitability, generating free cash flow. Upstart stock came to market on 16 December 2020 at an opening price of $20 a share.The price rose by 50% on the first day of trading, closing at $29.47. Shares of Upstart Holdings Inc. were plunging 60% in Tuesday morning trading after the company cut its forecast for the full year . The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 25.05% and 60 monthly payments of $25.80 per . Upstart Holdings ( UPST -1.94%) is all-digital lending platform with an artificial intelligence model that measures alternative metrics when assessing a potential borrower. Increased digitization of banking is helping with lesser people going into the branches. Some of Moderna's competitors have not been so fortunate. Upstart has a net margin of 0.55% compared to Social Leverage Acquisition Corp I's net margin of 0.00%. Export data to Excel for your own analysis. This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. Compare this 13F-HR Manager Holdings to its predecessor by reading our highlights to see what text and tables were removed , . Volume reflects consolidated markets. Upstart Holdings is able to approve 27% more borrowers as compared to the traditional approval methods followed by financial institutions, and the loan defaults are also 48% lower compared to. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Upstart Holdings, Inc. All these factors should lead to better growth in 2021. ii) Expanding TAM through the acquisition of Prodigy Software: This will be a game changer for Upstart. For the current quarter, Upstart Holdings, Inc. is expected to post a loss of $0.47 per share, indicating a change of -152.8% from the year-ago quarter. (Dec 3): Microsoft Corp is ready to fight for its US$69 billion acquisition of gaming company Activision Blizzard Inc if the US Federal Trade Commission files a lawsuit seeking to block the deal, according to a person familiar with the matter.The Xbox maker hasn't had conversations with the FTC about remedies or concessions aimed at getting the deal approved, said the person, who asked not . Retail . Company profile page for Upstart Holdings Inc including stock price, company news, press releases, executives, board members, and contact information The company uses the. contact@marketbeat.com Borrowers can expect the following with an Upstart loan: Loan amounts $1,000-$50,000 Loan terms 3 & 5 year Rates 8.27%-35.99% APR Next-day funding No prepayment penalty fee I founded Upstart more than 7 years ago in order to improve access to affordable credit. Now for Q1, the company expects to report revenue between $112 million to $118 million and net income . This chart shows the number of new MarketBeat users adding UPST and its top 5 competitors to their watchlist. Background is in Business and Finance/Economics.--1) I write for the Seeking Alpha community2) I share short daily insights on Twitter | https://twitter.com/InvestiAnalyst 3) Personal full write-ups on Substack | https://investianalystnewsletter.substack.com/welcome. Upstart competitors include Float, Plaid, Kiavi (formerly LendingHome), Affirm and Earnest. I will discuss this point later, so remember these points below as being important later in this analysis. Hartalega Holdings Bhd (Nov 9, RM4.74) Maintain neutral call on Hartalega Holdings with a rolled-over target price (TP) of RM4.37: Hartalega Holdings recorded a 19.9% year-on-year (y-o-y) increase in its first half ended Sept 30, 2016 of financial year 2017 (1HFY17) revenue to RM838.8 million, while net profit grew 3.4% y-o-y to RM127.3 million, accounting for 46% and 49% of our and consensus . 18.9% of Upstart shares are held by company insiders. 360 DigiTech. I have a good feeling the former, further expansion into Latin American countries might be the next expansion markets, so I expect to hear more news in 2021. Top Competitors of Upstart LendingClub Corp 1,384 $1B 1 Upgrade Inc 1,300 $670M 2 LendingTree LLC 1,407 $1B 3 Social Finance Inc 2,500 $1B 4 Avant LLC 501 $179M 5 CashCall Inc 1,001 $516M 6 Compare CEO How does Dave Girouard compare against Competing Companies' CEOs? Give your feedback below or email audiofeedback@marketwatch.com. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. Gross profit fell 19.3% to S$11.8 million as costs of sales rose 3.7% to S$8.4 million. . CIK: 1908965 Want the latest recommendations from Zacks Investment Research? Competitors. They are making lending more fair, inclusive and helping people with improving their credit scores. Six upstart electric vehicle companies to watch. Upstart Holdings, Inc. (UPST) key stats comparison: compare with other stocks by metrics: valuation, growth, profitability . Upstart stock analysis. Note: The Weighted Alpha is limited in the amount it may change from one day to the next, thus eliminating large price jumps from the calculation. SHOP Shopify $38.97 UPST Upstart . Delaware, United States. The business has a 50 day simple moving average of $21.00 and a two-hundred day simple moving average of $27.87. iii) Build vs Lease: To rebuild a model/system to recreate credit decisions is expensive but it's much easier to partner with Upstart to save costs which creates a win-win for banks and consumers. Upstart investors can expect increased activity in this space. It offers loans ranging from $1,000 up to $50,000, with interest rates as high as 35.99 %, paid over 36 or 60 months. Services may be provided by Western Union Financial Services, Inc. NMLS# 906983 and/or Western Union International Services, LLC NMLS# 906985, which are licensed as Money Transmitters by the New York State Department of Financial Services. The company offers personal loans, marketplace lending, consumer credit, machine learning, etc. Weighted Alphais a measure of how much a stock has risen or fallen over a one-year period. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. The bottom-line and operational metrics for the company continued to outperform. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term. Upstart attributes its growth to higher conversion of members and higher loan volume transactions in the latter half of the year as more people felt comfortable with borrowing and taking on risks. The most comprehensive method for keeping track of all your investments. Investors typically determine Upstart HoldingsInc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. We are continuously working to improve our web experience, and encourage users to. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. CREDIT ACCEPTANCE CORPORATION-31.08%: 6 126 . For the current fiscal year, the consensus earnings estimate of $0.10 points to a change of -95.8% from the prior year. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term. Macroaxis can help you discover thousands of investment opportunities in different asset classes. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. Bottom line is that the acquisition should lead to = Better Affordable financing + simplified consumer experience + higher approvals for dealers which means more revenue = A win-win for all parties involved. Upstart Peerform CommonBond SoFi Prosper For sources of this data, please see the company profile View company profiles Peerform HQ New York, US Employees 1 Over the past month, the estimate has changed -66%. Upstart Holdings, Inc. reported revenues of $157.23 million in the last reported quarter, representing a year-over-year change of -31.2%. Its key to note that Upstart is always getting into the car shopping experience. geldnutzer has a follow-up prediction for Upstart Holdings Inc., but this time predicts that Upstart Holdings Inc. is a Sell. UPSTART HOLDINGS, INC. : UPST Stock Price | US91680M1071 | MarketScreener Log in Sign up Markets News Analysis Stock Picks Portfolios Watchlists Rankings Screeners Tools Our Services Indexes Equities Currencies Commodities Trackers / ETF News Analysis Watchlists Virtual Portfolios Newsletters and notifications New member European Portfolio EPS of -$0.24 for the same period compares with $0.60 a year ago. So, it's important to know a company's potential revenue growth. Is this happening to you frequently? Lastly, the team is led by superior Co-founders and management team with credentials from Google. Over the last 30 days, this estimate has changed -126.2%. Peers & Competitors. Upstart management started this as a pilot year for Auto-loans. Upstart also expects that as the economy reopens with consumers high-saving rates, there will be more risk appetite amongst consumers to take on loans as they get more involved in the economy. In the table, you'll find all the components (individual stock symbols) found in that sector, ranking them by theirWeighted Alpha (a rating of growth patterns in a one-year period). APR is calculated based on 5-year rates offered in September 2022. Moderna's Covid-19 vaccine is one of the most effective on the market, and there have been very few negative stories of bad reactions. August 2022. It was too good to pass up collaborating with another Rohit :). Upstart Holdings, Inc. (UPST) has recently been on Zacks.com's list of the most searched stocks. Management mentioned that restaurants and retailers routinely offer Spanish language alternative but, we have not seen any with AI online lenders. We will continue to monitor risks and operational metrics, customer concentration and approval rates. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. Please log in to your account or sign up in order to add this asset to your watchlist. Latitude Group Holdings Limited advise that effective 15 December 2022 the Company's Registered Office and Principal Place of Business will change to: Level 18, 130 Lonsdale Street, Melbourne VIC. Although, the reward is that consumers might also take on smaller loan sizes (which is Upstart's target market). We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment. 44.8% of Upstart shares are held by institutional investors. When done correctly, Upstart HoldingsInc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Upstart HoldingsInc. Please. Upstart HoldingsInc ownership drivers and Upstart HoldingsInc insiders and institutional holders. Right-click on the chart to open the Interactive Chart menu. This is the first blog post that I have collaborated on. Pan Malaysia Holdings Bhd PMH saw sharply higher trading volume Monday. I don't plan to explain much about Upstart as I believe previous authors have done a great job explaining the value proposition of the company. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. Published: 16:51 EST, 3 December 2022 . The company was founded in 2012 and is headquartered in San Mateo, California. However, Upstart HoldingsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Real-time analyst ratings, insider transactions, earnings data, and more. Michael Ng . This also benefits the auto dealers/financial institutions behind the loans. Overall, I expect to hear more news going into the future. Barchart is committed to ensuring digital accessibility for individuals with disabilities. Can Pfizer, Johnson & Johnson Continue Outperforming the Index? Moderna is one of the leading providers of COVID-19 vaccines in the world. Click to get this free report, Upstart Holdings, Inc. (UPST) : Free Stock Analysis Report. UPST. Sophisticated investors, who have witnessed. Have entry barrier for future competitors --> As Upstart is embedded into the banks credit process, it will create high switching costs for banks to move to another lending platform in the future. The Question of a Fed Pivot Isn't If, It's When, Here's Why, The 10 Best Lithium Stocks to Buy for a Post Gasoline World, 7 Battery Stocks That Will Make You a Millionaire by 2030, The 7 Best Electric Vehicle Stocks That Aren't Tesla, 15 Stocks Institutional Investors Are Selling Now, 7 Cheap Large-Cap Stocks to Buy Before They Go Back Up, 7 Stocks to Buy During a Housing Downturn, 7 Most Overhyped Penny Stocks to Sell Now. The plan is to improve and make the entire auto loan process better while gradually growing the business. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Non GAAP EPS was $0.99, down 10% and ahead of the market's forecast of $0.84. Its share price has rallied over the past week on active investor interests, culminating in an Unusual Market Activity (UMA) query on 18 Dec. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. See below how Upstart compares to its competitors with CEO Rankings, Overall Culture Score, eNPS, Gender and Diversity Scores. The company topped consensus revenue estimates three times over this period. Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. A correlation of about +1.0 implies that the price of Upstart and its corresponding peer move in tandem. Regarding revenues from Prodigy, it will not contribute materially to revenue in the first half of 2021. b) Switching costs: The value to banks is that Upstart's advanced machine learning increases more effective data-driven loans -> leading to lower loss/default/fraud rates -> leading to more loans approved for the right people -> which eventually leads to more money for the financial institutions -> ultimately, more revenues for Upstart. Also, the diversification and effectiveness of marketing campaigns and conversion rate of customers will be a risk to monitor. As outlined, the business was affected by the pandemic, so over a normalized growth, we will get around 70% growth YoY. Comparatively, 20.0% of Social Leverage Acquisition Corp I shares are held by company insiders. Upstart Holdings, Inc. is graded B on this front, indicating that it is trading at a discount to its peers. Upstart Holdings Competition Correlation Matrix Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. This was below our and consensus estimates of 93.2% and 93.9% respectively. By segment, Subscription services revenues grew 22% to $1.43 billion, marginally ahead of the Street's forecast of $1.42 billion. FinVolution Group. This has led to high product reviews and higher NPS of 79 for their partners as indicated above. Workday's Financials. We'll see how this impacts them. Should you be buying Upstart stock or one of its competitors? . This information on internet performance in Zenica, Federation of Bosnia and Herzegovina, Bosnia and Herzegovina is updated regularly based on Speedtest data from millions of consumer-initiated tests taken every day. About Upstart Holdings Inc CEO Dave Girouard, MBA Number Of Employees 1,497 Sector Technology Services Upstart Holdings, Inc. engages in the provision of a cloud-based artificial intelligence. Here's one of the business secrets - Upstart is not entirely dependent on one party within the ecosystem. The story for Upstart is early. The amount of employer payroll tax-related expense on employee stock transactions is dependent on our stock price and other factors that are beyond our control and which not correlate to the operation of the business; Adjusted EBITDA and Adjusted EBITDA Margin . See what's happening in the market right now with MarketBeat's real-time news feed. geldnutzer has 50% into this prediction Performance without dividends (%) Upstart is a Founder-Led disruptor using Artificial Intelligence effectively to disrupt Lending and the Fintech Ecosystem. X Founded in 2012 by Google alums, Upstart is an AI-powered online lending platform that went public last month . It's remarkable. iv) Competitor Barrier to Entry: This is generally a low to medium risk. Upstart Holdings, Inc., is a leading fintech operating in the United States as a lending platform. I am not receiving compensation for it (other than from Seeking Alpha). The bottom line is that this was a stunning earnings report - the business performed well despite the pandemic which bodes well for 2021. i) How Sustainable is a Revenue Growth over 100%+ in 2021? By Luke Barr, Financial Mail On Sunday. Competitors The Competitors page allows you to view information for other symbols found in the same sector. Overall, Upstart has come out of the pandemic in even much better shape with regard to leveraging technology. I have no business relationship with any company whose stock is mentioned in this article. Analysis of Upstart Holdings Inc 's to Effective Tax Rate, ranking within Miscellaneous Financial Services industry and Financial Sector, Income taxes expenses / -benefit and Pre-Tax Income quarterly change - CSIMarket 326 E 8th St #105, Sioux Falls, SD 57103 As mentioned earlier, this should not be an issue, but something to monitor. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day and. Who owns upstart financial? Together, with its subsidiaries, Upstart Holdings operates a cloud-based artificial intelligence (AI) lending platform in the United States. A stock whose price has not changed in the period will have a small Weighted Alpha and a stock whose price has dropped over the period will have a negative Weighted Alpha. The business model is built around partnership with banks. Equity Research Analyst conducting comprehensive analysis into the best companies.Led Data Analytics technology projects within the Banking Industry. Company Profile UPST. The biggest name in electric vehicles keeps getting bigger. NYSE:FINV US$1.4b. NasdaqGM:NRDS US$714.3m. Retail . Upstart Holdings, Inc. (NASDAQ:UPST) just had a week where the stock is up over 112% in just one week! | December 2, 2022 . 2022 Barchart.com, Inc. All Rights Reserved. Leading to the fact that if consumers are confident with the vaccine rollouts, people will want to spend more, travel more or dine out. The EPS surprise was -242.86%. However, on its market debut, the stock jumped 47% to $29.47, while its closing price valued the Silicon Valley company at $2.1 billion. Comparatively, Social Leverage Acquisition Corp I has a beta of 0.03, meaning that its stock price is 97% less volatile than the S&P 500. If you have an ad-blocker enabled you may be blocked from proceeding. Management has emphasized this because these smaller banks don't have the huge resources like the bigger banks. Upstart's (Nasdaq: UPST) mission is to enable effortless credit based on true risk. Factors like these will boost. Upstart vs. Additionally, Upstart's earnings per share (EPS), excluding some items, came in at 7 cents. Type Public Status Active Founded 2012 HQ By creating a free account, you agree to our, This Is the Perfect Gift for Entrepreneurial Kids, House advances giant Texas storm surge project in water bill, Gas prices fall again in NJ, nation as demand remains low, Twitter relaunching subscriber service after debacle, Japanese company's lander rockets toward moon with UAE rover, Facing COVID surge, China expanding hospitals, ICUs, Police arrest man wounded in Oklahoma pot farm slayings. Upstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform. Barchart.com takes this Alpha (measure of how much a stock has changed in the one-year period) and weights this, assigning more weight to recent activity, and less (0.5 factor) to activity at the beginning of the period. The program has been launched in 1 state - now expanding into 14 states. About Weighted Alpha Upstart Holdings Inc provides credit services. Compare Upstart against competitors. Sign in to your free account to enjoy all that MarketBeat has to offer. Why You Should Avoid Carvana Even if it Avoids Bankruptcy. Finally, the % of loans automated was around 71% in 2020 from the low 60% in 2019 - this will continue to be important to track because it helps with margin improvement, it was high and they expect it to normalize overtime. In the previous week, Upstart had 4 more articles in the media than Social Leverage Acquisition Corp I. MarketBeat recorded 4 mentions for Upstart and 0 mentions for Social Leverage Acquisition Corp I. KUALA LUMPUR (Dec 1): Here is a brief recap of some corporate announcements that made news on Thursday (Dec 1): AMMB Holdings Bhd, QL Resources Bhd, KNM Group Bhd, Sime Darby Plantation Bhd, Sime Darby Property Bhd, Ireka Corp Bhd, Kumpulan Perangsang Selangor Bhd (KPS), Ranhill Utilities Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), TAFI Industries Bhd, YLI Holdings Bhd, Bank . No investment decision can be efficient without considering a stock's valuation. Upstart Holdings, Inc. Company Profile | San Mateo, CA | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for Upstart Holdings, Inc. of San Mateo, CA. As loss-making energy firm Octopus cuts deal with Ministers: Hard cash behind maverick leading battle for Bulb. These companies are all part of the "computer and technology" sector. Equally important to note is that revenue from Prodigy has not yet been considered, but I expect this to contribute much later into Q3/Q4 2021 which should further boost growth. And Upstart Holdings stock has prospered since its recent initial public offering. Its platform connects consumers, banks, and institutional investors through a shared AI . 1,2 (844) 978-6257. As seen below, Upstart's models approval almost 3x the normal rate for banks. View which stocks are hot on social media with MarketBeat's trending stocks report. Please disable your ad-blocker and refresh. Click here to see the values of some of the valuation metrics that have driven this grade. For example, the total cost of a $10,000 loan would be $16,376 including a $695 origination fee. . American Consumer News, LLC dba MarketBeat 2010-2022. Mar. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Correlation between Upstart HoldingsInc and its competitors represents the degree of relationship between the price movements of corresponding stocks. I will also note that as Upstart attracts more and more bank partners, their data and modelling even gets better because it is exposed to more different scenarios which further creates a network effects within their ecosystem. The company expects rapid revenue growth of over 100% coming into 2021 and Q1 2021 revenue of about $112M, representing a growth of over 80%. Based off the earnings report: The company grew revenue for 2020 to $233M (Up to 42% YoY). Management mentioned they intend on targeting a different demographic "underserved" by traditional lending models. Management indicated definitely seeing increased interest from larger banks in helping banks obtain loans from the platform. Stats. NerdWallet. Each company is represented with a line over a 90 day period. 24, 2021 10:01 AM ET Upstart Holdings, Inc. (UPST) 63 Comments 26 Likes Investi Analyst 1.99K Follower s Summary Upstart is an emerging leader using Artificial Intelligence to transform. Upstart is a company that I had heard of in passing through reading articles on TechCrunch and evaluating peer to peer lending competitors. : I think it's possible. It's a flexible choice for banks. Technicals Analysis Premiums Ownership Competition. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. In an attempt to capitalise on a wave of enthusiasm for the financial technology sector, Upstart went public in 2020 on the Nasdaq, pricing its IPO at $20 per share - at the low end of it range. For the next fiscal year, the consensus earnings estimate of $0.49 indicates a change of +391.7% from what Upstart Holdings, Inc. is expected to report a year ago. NasdaqGS:ATLC US$392.2m. a) Advanced AI Models: Upstart was one of the first movers within this space within the lending market in the US. It will be difficult for someone to easily replicate these same datasets to price risks. Consumers can refinance their loans at better rates saving around $72 per month. Upstart Holdings Inc. sell geldnutzer Upstart Holdings Inc. Start price 17.41 04.12.22 / 50% Target price 16.00 04.12.23 Performance (%) -6.83% Price 16.22 09.12.22 Upstart Holdings Inc. Nov 21 Nov 23 Nov 25 Nov 28 Nov 30 Dec 02 Dec 05 Dec 07 Dec 09 15 16 17 18 19 20 Volume 29,868 0 20k 40k JS chart by amCharts c)The Ease of Use, Customizability & Integration capabilities: Upstart easily integrates with bank partners existing systems allowing the bank to input their variables and to define their own credit policies. I am not receiving compensation for it (other than from Seeking Alpha). CEO Rank 4th eNPS Rank 2nd Gender Rank 1st Diversity Rank 1st Today & the future is AI-Data-Driven Decision Making: Upstart is transforming this sector by using a more holistic and comprehensive method where they apply Artificial Intelligence which utilizes 1600+ data points based on over 10.5 Million trained variables about a person's background to determine data-driven credit-lending decisions while eliminating human process/error. In-depth profiles and analysis for 20,000 public companies. Prior to this, Datuk Dr Yu Kuan Chon (also chairman of YNH Property Bhd) had proposed to acquire a 70% stake in PMH for RM77 million. The company was founded in 2012 and is headquartered in San Mateo, California. This growth continued, and by 1 February 202, the share price stood at $62.19 - a 211% increase on its initial public offering (IPO) level.. As automation and digitization has improved, the percentage of fraud rate for loans approved is still very low at 0.30% for the company - impressive to see. Other operating income came in 68.4% higher at S$1.6 million. Upstart Holdings (UPST) NASDAQ: UPST Stock Analysis Analyst Forecasts Financials Chart Earnings Dividends News & Insights Insider Trading Crowd Wisdom Hedge Funds Similar Stocks Blogger Opinion Website Traffic Risk Analysis Upstart Holdings Similar Stocks 2,934 Followers Portfolio Comparison Results Select Columns Name Price Market Cap P/E Ratio View, measure Upstart HoldingsInc's market volatility, predict the probability of Upstart HoldingsInc's future price movements, Sponsored content. In the second half, they were able to onboard a few banks from start to finish, in about a 90-day process which was one of the fastest. A strong pipeline on the funding side from institutional clients is anticipated, so I expect this to be another business driver. Prodigy software Inc is an early stage company that provides software that aims at simplifying the car buying process. This loop process leads to high switching costs for banks since their platform is so effective and Upstart is embedded into the banks credit process. The software acts as an intermediary between dealerships and car shoppers. Photo by NicoElNino/iStock via Getty Images. [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]]. Atlanticus Holdings. Stock : USD 17.13 0.19 1.10% : Some institutional investors establish a significant position in stocks such as Upstart HoldingsInc in order to find ways to drive up its value. The growth drivers include the move into a larger TAM market for Auto loans, the potential of increasing new banking partners/institutional partners and lastly targeting new underserved demographics. iii) Banks need to loan large amount of their Cash Reserves: Banks in 2020/ 2021 are swimming in a cash pool of large deposits due to the current historic 10-17% consumer savings rate in the economy. The Zacks Consensus Estimate has changed -240.4% over the last 30 days. (Ad), There Is Fundamental Value In Broadcom, And It Yields 3.35%, Costco vs Amazon: an end of the year showdown, Discount Retailers Could Make Good Bargain Stocks. With a performance of -8.29%, the BUY prediction for Upstart Holdings Inc. by geldnutzer closed slightly in the red. It is arguably one of the largest Buy now-Pay later markets, and the auto market is worth over $625B/year. The Corporate Bonds theme has 40 constituents at this time. One of the issues I've observed with Upstart is the long sales process involved in attracting a new banking partner, but they making great progress. Please note, there is a significant difference between Upstart HoldingsInc's value and its price as these two are different measures arrived at by different means. 1st jan. Capi. As indicated in one of my articles, in a 2018 study, Upstart demonstrated to several large U.S. banks how the AI-based lending platform could triple approval rates while holding losses constant, compared to their current risk rating models. Bottom-line is that investors can expect higher growth rates of over 70% in 2021 even after adjusting for the year-over-year effects from Covid-19. Get short term trading ideas from the MarketBeat Idea Engine. Is It Time To Throw In The Towel On Gamestop? After you've learned about median download and upload speeds from Zenica over the last year, visit the list . Upstart currently has a consensus target price of $58.36, suggesting a potential upside of 241.67%. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. The company instead focused on investing into R&D - you will notice that the company doubled investment in engineering and product development by increasing hiring. Competition Is Growing. If you've bought Tesla, you know how sleek the experience can be for a customer. Therefore, you might want to consider some of the key factors that could influence the stock's. The old way/Today of evaluating credit decisions: Most Financial institutions use FICO scores built around 30 traditional indicators/credit models to determine your credit worthiness for a loan. This demonstrates efficiency and scalability of the company. Disclosure: I am/we are long UPST. Follow $18.67-.37 (-1.94%) 4:00 PM 12/02/22. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. A correlation of -1.0 means that prices move in opposite directions. The property tycoon is said to be upbeat on . With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The second aspect of ease of use is the superior consumer experience. Your research has to be compared to or analyzed against Upstart HoldingsInc's peers to derive any actionable benefits. Upgrade to remove this ad. Upstart Holdings, an online lender recently filed their S1. This is going to be an exciting opportunity to watch over the next decade! Upstart is a leading AI-powered lending platform, using machine learning model to assess the credit worthiness of a consumer and to determine their ability to payback the loans with the ultimate goal of making credit assessments more accurate. Impact of Stimulus checks as a risk-reward situation: When more people receive significant stimulus cheques over the next couple of months, we can assume that they will have more money in their pockets which *might* lower demand for loans and credit. I wrote this article myself, and it expresses my own opinions. We are a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. The company currently trades at around 14x 2022 Revenue sales growth suggesting more upside to the stock considering its growth rate over 100% and Gross margins above 80%. UPSTART HLDGS INC COM Stock: Finance, Insurance and Real Estate Finance Services: $1K 0.00%: 0.00% . This could imply expansion within the Hispanic population within the Southern parts of the US, or expansion into financial institutions within countries in Latin America or possibly Europe. Additionally, the company is expanding their TAM by moving into new markets while driving operating leverage with massive progress on the bottom-line. Or is there an opportunity to expand the business' product line in the future? Upstart has created a differentiated and better digital experience where you can easily get loans on mobile phones in less time. to determine if there is still room for growth. Upstart then partners with banks or institutional investors to loan out those funds to consumers. All rights reserved. This Is Why Daktronics Fell 40% In One Day. Today, you can download 7 Best Stocks for the Next 30 Days. As you read this section, it is important to note that Upstart does not issue loans nor bear any risks from default - Upstart simply aggregates and routes the loans. This article first appeared in The Edge Financial Daily, on May 5, 2016.. Hartalega Holdings Bhd (May 4, RM4.10) Downgrade to sell with a lower target price (TP) of RM3.90: Hartalega Holdings Bhd reported financial year 2016 (FY16) core net profit of RM256.3 million, up 22.4% year-on-year (y-o-y). Upstart Holdings (NASDAQ: UPST), the personal loan referral fintech company, says its platform is an artificial intelligence-based program connecting borrowers with its network of lenders. Upstart Holdings Upstart is an AI lending platform that partners with banks and credit unions to provide consumer loans using non-traditional variables, such as education and employment, to predict creditworthiness. Upstart also has competitors who are trying to capture a bank's technology . The main competitors of Upstart include Social Leverage Acquisition Corp I (SLAC), SES AI (SES), Digi International (DGII), Harmonic (HLIT), EchoStar (SATS), Infinera (INFN), A10 Networks (ATEN), OSI Systems (OSIS), Intapp (INTA), and Upwork (UPWK). Add company. Why Your IRA Could Crash on January 16th? Started in 2012, Upstart is a direct-to-consumer online lending platform that utilizes the power of machine learning and artificial intelligence to streamline the loan pricing and funding process. UPST. . Chart shows a steady growth. Compared to the Zacks Consensus Estimate of $171.67 million, the reported revenues represent a surprise of -8.41%. Funds or Etfs investing in different types of corporate debt instruments. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. Over the last four quarters, Upstart Holdings, Inc. surpassed consensus EPS estimates three times. In the case of Upstart Holdings, Inc. the consensus sales estimate of $133.54 million for the current quarter points to a year-over-year change of -56.2%. Empowerment Fund Project, Inc. Dec 2021 - Present1 year 1 month. D&B Business Directory HOME The original research was restricted to large cap stocks, so the corresponding rise in the S&P 500 index was subtracted; however, as there are a number of interesting stocks that do not fit well into any category, and others that fit into more than one category, the results are presented without subtracting any index. Customer Concentration: one of the risks that we will keep monitoring is how well Upstart can diversify the customer base and increase the number of bank partners. as seen below. Research Upstart Holdings (UPST) stock with daily updated analysis. In addition, you can, When running Upstart HoldingsInc price analysis, check to, Is Upstart HoldingsInc's industry expected to grow? The Competitors page allows you to view information for other symbols found in the same sector. It aggregates consumer demand for loans and connects it to its network of AI-enabled bank partners. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. Upstart has over 8-years of data building their AI credit models that has vastly learned and improved over the years. Social Leverage Acquisition Corp I's average media sentiment score of 0.00 beat Upstart's score of -0.03 indicating that Social Leverage Acquisition Corp I is being referred to more favorably in the news media. To show the leverage - the company also massively investing into Research & Development and increased sales and marketing, while achieving these metrics. My article focuses on reviewing the Competitive Advantages of Upstart, some notable highlights from the Full Year 2020 Financial Report and Future growth expectations in 2021. Their models are more efficient and effectiveness. Hence, many investors unfamiliar with the company may want to further understand the company better to determine if there is still room for growth. And if earnings estimates go up for a company, the fair value for its stock goes up. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Upstart HoldingsInc does not affect the price movement of the other competitor. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 26.57% and 60 monthly payments of $27.29 per $1,000 borrowed. Technicals Analysis Premiums Ownership Competition. Shares of Upstart plummeted Tuesday after the AI consumer lending platform cut its full-year revenue outlook. Thanks for reading my article - sorry for the length and hope you appreciate it. Capturing even a 1% market-share and take rate within the existing TAM of $700B - (excluding the vast opportunities in the large credit card and home mortgage loan markets). Yes, it is possible that the big institutional banks like JP Morgan have enormous resources to build a Data Science team. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The company provides a proprietary, cloud-based, artificial intelligence lending platform. UPST - Upstart Holdings Inc Competitors - CNNMoney.com Upstart Holdings Inc (NASDAQ:UPST) 20.23 Delayed Data As of Nov 16 -1.40 / -6.47% Today's Change 14.02 Today ||| 52-Week Range. Upstart offers fixed-rate personal loans between $1,000 and $50,000. Upstart Holdings, Inc. (NASDAQ: UPST) Q3 2021 Earnings Call Nov 09, 2021, 4:30 p.m. I get an impression that in 2021, the company will grow aggressively, so it will be important to monitor if that erodes some metrics on the bottom-line especially as the business normalizes in 2021. The AI model improved steadily in that it became increased their ability to underwrite risks on behalf of their bank partners - ultimately leading to more conversion of people to take on loans in the back half of 2020. Upstart is a company that operates cloud-based artificial intelligence lending platforms. Dave Girouard CEO at Upstart Top 10% CEO management style Good 100% Bad 0% VS. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5. This is gold for banks! In 2020 -- a year that has included the company's long-awaited eligibility for. Research Upstart Holdings (UPST) stock with daily updated analysis. Please note, it is not enough to conduct a financial or market analysis of a single entity such as Upstart HoldingsInc. The Zacks Computers - IT Services industry, to which Upstart Holdings, Inc. belongs, has gained 9.1% over this period. The price grew over the course of the spring and entered a bull run in late . Upstart is a peer-to-peer lending (p2p lending) platform that offers financial solutions primarily for recent college graduates and young professionals. While Upstart is not a Peer to Peer lending company, like a LendingClub might be, it competes directly in the personal loan category. Get the latest business insights from Dun & Bradstreet. Upstart Holdings S-1 Review. Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The value proposition is that Upstart's AI model enables the bank partners to have higher approval rates at lower loss rates (better pricing of risks at better rates) and a highly automated digital experience for the customer. Operating and bottom-line metrics: Management also explained that contribution margin will moderate and there will be a slightly lower net-income in early 2021. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Thus the weighted alpha is a measure of one year growth with an emphasis on the most recent price activity. - A 501c (3) organization that creates, funds, and manages a multi-year investing program to grow assets . The company lowered its 2022 revenue estimate to $1.25 billion from $1.4 . Upstart competitors and similar companies Clear all Upstart's competitors and similar companies include Peerform, CommonBond, SoFi and Prosper. . The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Upstart Holdings, Inc. Upstart received 46 more outperform votes than Social Leverage Acquisition Corp I when rated by MarketBeat users. The 75% reduction in loss rates combined with over 70% of loans are performed without documents shows how their system is way advanced than competitors based on key data points. A stock whose price has risen over the one-year period will have a positive Weighted Alpha. What companies does Mark Cuban own? To see all exchange delays and terms of use please see Barchart's disclaimer. CEO discussed how this is going to be the future for the company -- it is key to note that Upstart's platform is developed in such a way that it flows loans through to capital markets and institutional buyers *if* banks are not ready and willing to fund the loans and hold them. Get daily stock ideas from top-performing Wall Street analysts. More than $1 trillion dollars' worth of cars are sold and financed in North America. The company is expecting Revenue Growth of over 100% in 2021 making them a great reopening candidate. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Last Reported Results and Surprise History. The platform aggregates consumer . However, there are state-specific minimums in Massachusetts ($7,000), Ohio ($6,000), New Mexico ($5,100) and Georgia ($3,100).. Upstart (NASDAQ:UPST) and Social Leverage Acquisition Corp I (NYSE:SLAC) are both small-cap computer and technology companies, but which is the better business? It's important to note that the pandemic and the elevated economic risks affected them earlier on. SINGAPORE (Nov 14): Sakae Holdings reported 3Q16 losses nearly doubled to S$3.1 million from a year ago as revenue fell 11.1% to S$20.3 million driven by a sluggish economy and fiercer competition in the F&B sector. As you look to open your wallet and make purchases for the holidays, now is the perfect time to add undervalued fintech stocks to the items you want to buy. SEC Filing Tools. Correlation between Upstart Holdings and its competitors represents the degree of relationship between the price movements of corresponding stocks. To read this article on Zacks.com click here. Comparatively, 68.9% of Social Leverage Acquisition Corp I shares are held by institutional investors. Fundamental data provided by Zacks and Morningstar. iv) Targeting a new demographic with the Launch of a Spanish language AI product: The Spanish language AI lending application is one of the first of its kind among digital lending platforms in the U.S (says a lot). These companies are all part of the "computer and technology" sector. Upstart Holdings, Inc. has a 1-year low of $14.02 and a 1-year high of $199.80. However, this is an opportunity to remember that Upstart target market are the small and regional banks. The company has stated that it is working on getting new bank partners as well as other financial institutions beyond banks to take on more loans. Sector and Competitors. Stock : USD 18.60 0.44 2.31% : Some institutional investors establish a significant position in stocks such as Upstart HoldingsInc in order to find ways to drive up its value. 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