Upstart Holdings Inc. ($UPST) Stock Forecast: Up 6.0% Today

What is Upstart Holdings Inc.?

Upstart Holdings, Inc. (UPST) is a technology company that utilizes artificial intelligence for automated lending, having gone public in December 2020 and demonstrating notable growth in the fintech sector.

Why is Upstart Holdings Inc. going up?

UPST stock is up 6.0% on Sep 19, 2024 18:58

• UPST stock displayed strong bullish movement today.
• An unexpected interest rate cut of 50 basis points by the Federal Reserve has bolstered market sentiment, resulting in a broad market rally.
• The favorable market reaction to the interest rate cut is likely a factor in UPST's upward trajectory.
• Despite some investors adopting a bearish position in the options market, it appears to have had minimal impact on UPST’s bullish momentum, indicating a prevailing sense of optimism towards the stock in the market.

UPST Price Chart

UPST News

What's Going On With Upstart Holdings Stock? - Upstart Hldgs ( NASDAQ:UPST )

Upstart Holdings, Inc. UPST shares are trading higher Thursday after the Federal Reserve cut interest rates by 50 basis points ( bps ) on Wednesday. Upstart shares are climbing amid a broad market rally as investors digest the Fed's larger-than-anticipated interest rate cut which marked the ...

https://www.benzinga.com/news/24/09/40942973/whats-going-on-with-upstart-holdings-stock

What the Options Market Tells Us About Upstart Hldgs - Upstart Hldgs ( NASDAQ:UPST )

Investors with a lot of money to spend have taken a bearish stance on Upstart Hldgs UPST. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/24/09/40940233/what-the-options-market-tells-us-about-upstart-hldgs

Upstart Holdings, Inc. ( UPST ) Gains As Market Dips: What You Should Know

Upstart Holdings, Inc. (UPST) concluded the recent trading session at $38.31, signifying a +1.64% move from its prior day's close.

https://www.zacks.com/stock/news/2338197/upstart-holdings-inc-upst-gains-as-market-dips-what-you-should-know

Why Upstart Stock Is Down Today - Upstart Hldgs ( NASDAQ:UPST )

Upstart Holdings, Inc. UPST shares are trading lower Monday after the company announced a private offering of $300 million convertible senior notes. Upstart expects to grant the initial purchasers of the notes an option to purchase up to an additional $45 million aggregate principal amount of the ...

https://www.benzinga.com/news/24/09/40883262/why-upstart-stock-is-down-today

iTeos Therapeutics, Upstart Holdings And Other Big Stocks Moving Lower In Monday's Pre-Market Session - ITeos Therapeutics ( NASDAQ:ITOS )

U.S. stock futures were mixed this morning, with the Dow futures gaining around 100 points on Monday. Shares of iTeos Therapeutics, Inc. ITOS fell sharply in today's pre-market trading. The company announced follow-up interim data from GALAXIES Lung-201.

https://www.benzinga.com/news/24/09/40877062/iteos-therapeutics-upstart-holdings-and-other-big-stocks-moving-lower-in-mondays-pre-market-session

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Upstart Holdings Inc. Price History

16.08.2024 - UPST Stock was up 5.9%

• Significant investors expressed bullish sentiments towards Upstart Holdings, evident from options trading trends.
• The overall positive market sentiment, with the Nasdaq 100 closing substantially higher, may have influenced the optimism surrounding Upstart Holdings.
• A shift in focus from a different stock to Upstart Holdings, possibly due to bearish movements, led to heightened buying activity.
• The convergence of upbeat options trends and favorable market conditions likely fueled Upstart Holdings' strong bullish performance today.

30.07.2024 - UPST Stock was down 6.0%

• The bearish movement in UPST today could be attributed to the negative sentiment from significant market players.
• The partnership announcement with Fibre Federal Credit Union for personal lending, while positive news, may not have been substantial enough to offset the impact of the bearish sentiment from institutional investors.
• The broader market movement could have also played a role in UPST's bearish performance today.
• Investors may be closely monitoring UPST's momentum following its recent 1.54% increase over the week, evaluating whether the stock has the potential to regain bullish momentum in the near future.

23.07.2024 - UPST Stock was up 7.0%

• UPST demonstrated a bullish trend today, potentially influenced by positive market sentiment and momentum.
• Despite noticeable bearish options activity, other positive factors likely overshadowed this, contributing to the overall bullish movement.
• Concerns initially arose from the Chief Technology Officer's sale of over $1.2 million in stock, but market reactions suggest this news was largely disregarded.
• While negative industry news regarding Upstart Airlines had implications for the broader airline sector, UPST's performance remained relatively unaffected, showcasing the company's resilience amidst industry challenges.

20.07.2024 - UPST Stock was down 5.2%

• Unusual options activity indicating a bearish stance on UPST potentially affected market sentiment, resulting in increased selling pressure on the stock.
• A significant stock sale by Upstart Holdings' CTO may have indicated lack of confidence in the company's future prospects, contributing to the bearish movement.
• Information about the bleak future of Upstart Airlines could have instilled negative sentiment around the company, impacting UPST's stock price adversely.
• Despite reports of bullish options frenzy, the overall market movement appears to have been more swayed by bearish factors, leading to the downward trend in UPST's stock.

28.07.2024 - UPST Stock was down 5.2%

• Fibre Federal Credit Union's partnership with Upstart for personal lending could have initially boosted investor confidence, but the market sentiment shifted bearish.
• Deep-pocketed investors adopting a bearish approach towards Upstart could have triggered selling pressure and contributed to the stock's decline.
• Despite a recent 1.54% increase in one week, the overall market sentiment today was dominated by bearishness, possibly influenced by the negative outlook from institutional investors.

03.08.2024 - UPST Stock was down 5.3%

• Shifts in investor sentiment, potentially influenced by prominent investors' optimism, may have led to heightened market expectations for Upstart Holdings, culminating in today's sell-off.
• The recent partnership announcement with Fibre Federal Credit Union likely uplifted investor confidence initially but subsequent profit-taking actions may have contributed to the downward movement in stock price.
• Inclusion of Upstart in discussions on investment strategies alongside industry giants like PayPal and Affirm could have heightened competition concerns, impacting UPST's stock performance negatively.
• Various factors such as lofty market expectations, profit-taking behaviors, and growing competition apprehensions may have collectively played a role in driving the bearish movement observed in Upstart Holdings' stock today.

12.08.2024 - UPST Stock was up 5.5%

• The positive momentum in Upstart Holdings (UPST) could be linked to the upbeat options activity from investors with substantial capital, reflecting optimism about the company's future.
• Furthermore, the selling of shares by company executives in insider transactions may have been perceived as a confident stance towards Upstart Holdings, contributing to the bullish sentiment.
• The general optimism in the market as evidenced by the Nasdaq 100's strong closing, rising more than 400 points, likely created a supportive backdrop for UPST's notable bullish performance.

12.08.2024 - UPST Stock was up 5.7%

• Executives selling company shares may suggest wavering confidence in future performance, although these transactions could also align with predetermined plans.
• The upsurge in UPST's stock value could be tied to positive market outlooks, mirroring the broader positive trend in the Nasdaq 100 index, indicating overall investor confidence.
• Investors seem to be responding favorably to the company's AI-focused lending model, propelling the stock price despite reports of insider selling activities.
• Reports of insider selling may not have dented investor trust in Upstart Holdings significantly, evident in the robust uptick in the stock's performance today.

27.07.2024 - UPST Stock was up 6.0%

• Despite the skepticism from wealthy investors, Upstart Holdings, Inc. (UPST) observed a robust bullish movement today.
• The differing viewpoints among market participants and the atypical options activity hint at a clash between various investor factions.
• The favorable upsurge in the stock price could be credited to the company's innovative AI technology and its potential to revolutionize the conventional lending sector.
• Evidently, momentum investors are displaying keen interest in Upstart Holdings, Inc. (UPST) despite bearish speculations, signaling a disparity in market sentiment and investment approaches.

19.08.2024 - UPST Stock was up 6.2%

• Despite announcing a private offering of $300 million convertible senior notes, typically indicating dilution that can negatively impact stock prices, UPST managed to defy expectations and demonstrated a significant bullish movement.
• Even with a somewhat uncertain market sentiment, exemplified by certain major stocks like iTeos Therapeutics declining, investors remained optimistic about UPST, as indicated by options market activity.
• The market's enthusiastic response to UPST's AI-based credit accessibility approach may have outweighed concerns about the private offering, contributing to the stock's bullish performance.
• UPST's ability to attract bullish interest from investors, despite potential dilution from the convertible notes, reflects confidence in the company's future growth trajectory and technological advancements.

19.08.2024 - UPST Stock was up 6.0%

• UPST stock displayed strong bullish movement today.
• An unexpected interest rate cut of 50 basis points by the Federal Reserve has bolstered market sentiment, resulting in a broad market rally.
• The favorable market reaction to the interest rate cut is likely a factor in UPST's upward trajectory.
• Despite some investors adopting a bearish position in the options market, it appears to have had minimal impact on UPST’s bullish momentum, indicating a prevailing sense of optimism towards the stock in the market.

16.08.2024 - UPST Stock was up 7.1%

• Upstart's shares surged despite the announcement of a private offering of convertible senior notes, showcasing strong investor confidence.
• Positive trends in bullish options indicate optimism from various types of investors regarding Upstart's future growth potential.
• Executives selling shares did not dampen the overall positive market sentiment, likely due to the company's innovative AI lending technology and strong financial performance.
• Speculated investor shift from iTeos Therapeutics possibly contributed to increased buying activity in Upstart, leading to a rise in stock price.