Upstart (UPST) Stock Plunges 22% Despite Q3 Beat

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Upstart Holdings Inc (UPST) PT Lowered to $300 at Jefferies

November 10, 2021 8:04 AM EST

Jefferies analyst John Hecht lowered the price target on Upstart Holdings Inc (NASDAQ: UPST) to $300.00 (from $330.00) while maintaining a Hold rating.

The analyst commented, "PST reported 3Q21 adj. EPS of $0.60, beating our $0.31/the Streets $0.33. Top-line expansion exceeded anticipation at $228M however fee... More

Upstart Holdings (UPST) Tops Q3 EPS by 25c, Offers Guidance

November 9, 2021 4:11 PM EST

Upstart Holdings (NASDAQ: UPST) reported Q3 EPS of $0.60, $0.25 better than the analyst estimate of $0.35. Revenue for the quarter came in at $228.5 million versus the consensus estimate of $214.9 million.

GUIDANCE:

Upstart Holdings sees Q4 2021 revenue of $255-265 million, versus the consensus of $226.6... More