Lumida
/UPST
⌘K
Upstart Holdings Inc

Upstart Holdings Inc

UPST
$25.59USD+1.95%+0.49 today

MARKET CAP

2.5B

P/E (TTM)

13.6x

FWD P/E

8.4x

DAY RANGE

$25 – $26

52W RANGE

$24
$71

AI Summary

Stalk
Sell NowHigh

UPST remains in a clear Stage 4 decline with sequential lower highs and lower lows across both medium and long terms. Price trades below the 9-, 20-, and 50-day moving averages, which are sloping downward and rejecting rally attempts. With no bullish divergences in RSI or options sentiment and fundamentals weak, selling into the 9/20 EMA cluster (~28.75–29.22) aligns with the downtrend framework, targeting further downside continuation.

  • Q2 2026 revenue $364.7M (+42% YoY); originations $4.2B (+50% YoY).
  • GAAP net income $17M in Q2, reaching profitability earlier than expected.
  • Operating expenses rose 45% YoY to $350M in Q2, squeezing margins.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$801.3M$907.3M$560.4M$635.5M$950.0M
YoY %+250.5%+13.2%-38.2%+13.4%+49.5%
P / Sales17.9x1.2x5.8x8.7x4.9x
EV / Sales17.9x2.1x7.6x10.2x6.6x
Gross Profit, Adj.$801.3M$907.3M$560.4M$635.5M$950.0M
YoY %+250.5%+13.2%-38.2%+13.4%+49.5%
Margin %100.0%100.0%100.0%100.0%100.0%
EV / Gross Profit17.9x2.1x7.6x10.2x6.6x
EBITDA, Adj.$101.1M$-35.5M$-365.7M$-298.2M$-105.1M
YoY %+995.8%-135.1%-929.6%+18.5%+64.8%
Margin %12.6%-3.9%-65.3%-46.9%-11.1%
EV / EBITDA142.1x-53.7x-11.7x-21.6x-59.2x
EBIT$93.6M$-49.0M$-390.6M$-318.8M$-129.9M
YoY %+1246.5%-152.4%-696.6%+18.4%+59.2%
Margin %11.7%-5.4%-69.7%-50.2%-13.7%
EV / EBIT153.5x-38.9x-10.9x-20.2x-47.9x
Net Income$135.4M$-108.7M$-240.1M$-128.6M$53.6M
YoY %-180.2%-121.0%+46.5%+141.7%
Net Margin16.9%-12.0%-42.8%-20.2%5.6%
EPS (GAAP)$1.43-$1.31-$2.87-$1.44$0.45
YoY %-191.6%-119.1%+49.8%+131.3%