Upstart Holdings Inc. ($UPST) Stock Forecast: Up 5.1% Today

What is Upstart Holdings Inc.?

Upstart Holdings, Inc. (UPST) is a technology company that utilizes artificial intelligence to automate lending. The stock is listed on the NASDAQ exchange.

Why is Upstart Holdings Inc. going up?

UPST stock is up 5.1% on Oct 4, 2024 16:13

• UPST witnessed a strong bullish movement today, with the stock price closing higher than the previous trading day.
• Unusual options activity pointing towards a bullish stance from investors with significant capital may have influenced the positive momentum.
• Despite a slight -0.1% dip mentioned previously, the overall market sentiment remained bullish, possibly due to the optimistic outlook on Upstart Holdings' innovative AI lending technology.
• The stagnant price noted may not accurately portray the overall bullish trend observed in UPST today.

UPST Price Chart

UPST News

Upstart Holdings, Inc. ( UPST ) Flat As Market Sinks: What You Should Know

In the closing of the recent trading day, Upstart Holdings, Inc. (UPST) stood at $38.94, denoting no change from the preceding trading day.

https://www.zacks.com/stock/news/2345713/upstart-holdings-inc-upst-flat-as-market-sinks-what-you-should-know

Upstart Hldgs Unusual Options Activity - Upstart Hldgs ( NASDAQ:UPST )

Investors with a lot of money to spend have taken a bullish stance on Upstart Hldgs UPST. We noticed this today when the positions 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/24/09/41099776/upstart-hldgs-unusual-options-activity

Upstart Holdings, Inc. ( UPST ) Stock Moves -0.1%: What You Should Know

In the closing of the recent trading day, Upstart Holdings, Inc. (UPST) stood at $40.85, denoting a -0.1% change from the preceding trading day.

https://www.zacks.com/stock/news/2342992/upstart-holdings-inc-upst-stock-moves--01-what-you-should-know

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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.

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.

01.09.2024 - UPST Stock was down 5.1%

• Observing unusual options activity showing a bullish stance contrasting with the stock's bearish movement.
• A slight -0.1% stock movement observed, possibly contributing to an overall bearish trend.
• Investors with significant capital taking a bearish stance, indicating a lack of confidence in Upstart Holdings due to potential concerns about future performance or market conditions.

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.

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.

24.08.2024 - UPST Stock was down 6.3%

• The bearish movement in UPST today could be attributed to profit-taking by investors after the stock's impressive 71% rise in the past three months.
• The Federal Reserve's unexpected 50 basis points interest rate cut might have initially boosted UPST shares, but profit-taking and bearish sentiment in the options market could have contributed to the downward movement.
• The bullish stance taken by some investors and the overall market rally following the interest rate cut might suggest that the bearish movement in UPST today could be a temporary correction rather than a long-term trend.
• Investors may be reassessing their positions in UPST amidst conflicting signals from the options market and the broader market conditions, leading to the bearish movement observed today.

24.08.2024 - UPST Stock was down 5.0%

• Despite the recent positive sentiment surrounding UPST, the decline in stock price today could be linked to profit-taking by investors benefitting from the stock's previous gains.
• The bearish standpoint of large investors and the shift in options trading activities towards pessimism may have influenced the downward trajectory of UPST's stock price.
• The overall market upsurge following the Federal Reserve's interest rate adjustment could have prompted a reallocation of funds from UPST to other investment prospects, resulting in a temporary decline in the stock value.
• In light of market uncertainties, investors might be reevaluating their positions in UPST, leading to a short-term decline in stock performance despite the highlighted long-term growth potential.

04.09.2024 - UPST Stock was up 5.1%

• UPST witnessed a strong bullish movement today, with the stock price closing higher than the previous trading day.
• Unusual options activity pointing towards a bullish stance from investors with significant capital may have influenced the positive momentum.
• Despite a slight -0.1% dip mentioned previously, the overall market sentiment remained bullish, possibly due to the optimistic outlook on Upstart Holdings' innovative AI lending technology.
• The stagnant price noted may not accurately portray the overall bullish trend observed in UPST today.

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.