Upstart Announces First Quarter 2022 Results

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Citi Downgrades Upstart Holdings Inc (UPST) to Neutral

May 10, 2022 6:17 AM EDT

Citi analyst Peter Christiansen downgraded Upstart Holdings Inc (NASDAQ: UPST) from Buy to Neutral with a price target of $50.00.

The analyst comments "Our thesis going into 1Q22 results recognized that consumer credit has been normalizing. Yet our expectation was that loan performance on recent... More

Upstart Holdings (UPST) Shares Plunge 36% After Guidance Misses Consensus

May 9, 2022 4:09 PM EDT

Upstart Holdings (NASDAQ: UPST) Shares Plunge 36% After Guidance Misses Consensus

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Upstart Holdings (UPST) Tops Q1 EPS by 7c, Guidance Misses Consensus

May 9, 2022 4:08 PM EDT

Upstart Holdings (NASDAQ: UPST) reported Q1 EPS of $0.61, $0.07 better than the analyst estimate of $0.54. Revenue for the quarter came in at $310 million versus the consensus estimate of $300.25 million.

GUIDANCE:

Upstart Holdings sees Q2 2022 revenue of $295-305 million, versus the consensus of $335... More