Upstart Holdings ( (UPST) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Upstart Holdings’ stock has been impacted by rising delinquencies in asset-backed securitizations, a trend affecting the broader industry rather than just the company. Analysts have rated the stock as Hold, considering it fairly valued at 15.4 times its projected 2027 earnings per share. However, concerns about a potential slowdown in loan originations and negative insider sentiment, with more insiders selling their shares, have added to the cautious market outlook.
More about Upstart Holdings
YTD Price Performance: -5.67%
Average Trading Volume: 6,887,301
Technical Sentiment Signal: Sell
Current Market Cap: $5.52B
For further insights into UPST stock on TipRanks’ Stock Analysis page.
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