Upstart Holdings Inc (UPST) PT Lowered to $24 at Piper Sandler

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Go back to Upstart Holdings Inc (UPST) PT Lowered to $24 at Piper Sandler

UPDATE: Upstart Holdings (UPST) Guidance Highlights Near-Term Headwinds - Atlantic Equities

August 11, 2022 11:29 AM EDT

(Updated - August 11, 2022 11:29 AM EDT)

Shares of Upstart Holdings (NASDAQ: UPST) were cut to Underweight from Neutral at Atlantic Equities on Thursday, with the firm's price target lowered by $10 to $22 per share.

Analyst Simon Clinch said in a note that after weak second-quarter earnings, as preannounced, Upstart... More

Upstart Falls on Soft Results and Disappointing Revenue Forecast, Analysts Concerned

August 9, 2022 8:23 AM EDT

Shares of Upstart (NASDAQ: UPST) are down over 10% after the company provided investors with a soft Q3 revenue projection.

Upstart reported revenue of $228.2 million to miss on the $249.3 million consensus. Adjusted EPS came in at $0.01, again much lower than the analyst estimate of $0.08.... More