In a recent update, Goldman Sachs has maintained its "Sell" rating for Upstart Holdings (UPST, Financial), a notable player in the financial technology sector. Despite holding the previous rating, the analyst, Michael Ng, has raised the price target from $15.00 to $16.50. This adjustment represents a 10% increase in the target price.
Michael Ng, the analyst at Goldman Sachs, cited various factors contributing to this adjusted price target while maintaining a cautious outlook on UPST. As of May 8, 2025, the new price target is $16.50, up from the prior target of $15.00, reflecting a strategic reassessment of the company's valuation in the current market.
Upstart Holdings (UPST, Financial) has remained under scrutiny, and while Goldman Sachs increased the price target, the "Sell" rating indicates that they foresee potential challenges ahead for the company. Investors in UPST might find this combination of a maintained rating with an increased price target indicative of mixed signals from the market perspective.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Upstart Holdings Inc (UPST, Financial) is $57.12 with a high estimate of $106.00 and a low estimate of $9.00. The average target implies an upside of 14.97% from the current price of $49.68. More detailed estimate data can be found on the Upstart Holdings Inc (UPST) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Upstart Holdings Inc's (UPST, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Upstart Holdings Inc (UPST, Financial) in one year is $48.70, suggesting a downside of 1.97% from the current price of $49.68. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Upstart Holdings Inc (UPST) Summary page.
