SELL
A painful one. He doesn't like their business model, their last quarter or their pre-announcement.
Technology

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DON'T BUY
Buy now, pay later stocks: Affirm, Upstart, Block and Paypal Upstart is down 92% from its high, Affirm 89%, Block 78% and PayPal 76%. Some of this is due to these stocks being massively massively overpriced to begin with. At peak, Affirm was trading at 30x sales (not earnings), and it won't be profitable before 2026. Block and PayPal are profitable, but were trading at sky-high multiples last year (170x PE and 65x respectively). The market hates the buy-now, pay-later stocks because they don't make money (though are well-run). He liked Upstart early on; it wasn't a buy-not,pay-later story, but helped facilitate loans using technology. But Upstart took on far more credit risk than assumed, which upset him. The business models of these stocks were far better when interest rates were low. Also, more competitors have rushed in now. The lesson: don't be caught up in euphoria. Earnings, valuations and interest rates matter.
Technology
PAST TOP PICK
(A Top Pick Aug 04/21, Down 70%) He got out as the macro picture changed. Lowered guidance because of lower borrowing demand. (Analysts’ price target is $51.00)
Technology
SELL
He was hoping it would be a loan platform, not a loaner, and hoped they had gotten loans off their books to have an asset-lite model. A pandemic play.
Technology
SELL
They just cut their forecast, and shares are plunging 43% after hours. Valuations matter. This didn't make sense then or now. Share are down 90%.
Technology
WEAK BUY
Assessing credit worthiness on behalf of banks and lenders. Extremely popular, and it took off. Now back down to earth. 12-month price target of $148. He's been in and out, you have to be nimble. Perhaps, you may want to use the options market, because then you know exactly how much you have at risk in the market.
Technology
BUY
Careful with this. Fintech is considered toxic now. This has fallen a lot and could be taken out.
Technology
COMMENT
The market has turned against this hard. He believes in their technology, but be careful with this. Fintech is considered toxic now. This has fallen a lot and could be taken out by a bigger company.
Technology
COMMENT
The market has turned against this hard. He believes in their technology, but be careful with this. Fintech is considered toxic now. This has fallen a lot and could be taken out by a bigger company.
Technology
PAST TOP PICK
(A Top Pick Jun 22/21, Up 29%) It went up 211% between June 22 and October 15, but then they missed earnings. That's why it's up only 30%.
Technology
COMMENT
They're the AI lending platform. It reports Tuesday. He doesn't understand their business, so he will listen to their conference call.
Technology
BUY on WEAKNESS
Their AI is better at screening borrowers than traditional credit scores. It's had a monster run since December as shares have zoomed. They connect borrowers with lenders and collect a fee. It boasts spectacular numbers. It's set to more than triple sales this year. It keeps raising its forecast. Shares may be overextended, though.
Technology
PARTIAL SELL
Still owns, but has written $280 calls on 3/4 of his position. Above his 12-month price target of $268. Analytical tools to assess creditworthiness. Rapidly penetrating the massive auto loan market. Great story.
Technology
TOP PICK
Price target of $145. Very cool company. Revolutionary data analytics solutions for the banking system. Proprietary AI tools that they sell to banks to assess credit worthiness. Proven to bring down loan default rates by 175%. No dividend. (Analysts’ price target is $140.00)
Technology
BUY
It's hugely shorted at 25%--that's the problem. It's a great AI credit company and he believes in the CEO when others don't.
Technology
Showing 1 to 15 of 17 entries

Upstart Holdings(UPST-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 8

Stockchase rating for Upstart Holdings is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Upstart Holdings(UPST-Q) Frequently Asked Questions

What is Upstart Holdings stock symbol?

Upstart Holdings is a American stock, trading under the symbol UPST-Q on the NASDAQ (UPST). It is usually referred to as NASDAQ:UPST or UPST-Q

Is Upstart Holdings a buy or a sell?

In the last year, 8 stock analysts published opinions about UPST-Q. 4 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Upstart Holdings.

Is Upstart Holdings a good investment or a top pick?

Upstart Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for Upstart Holdings.

Why is Upstart Holdings stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Upstart Holdings worth watching?

8 stock analysts on Stockchase covered Upstart Holdings In the last year. It is a trending stock that is worth watching.

What is Upstart Holdings stock price?

On 2022-12-08, Upstart Holdings (UPST-Q) stock closed at a price of $17.14.