Macro pressure trims guidance even as secured lending turns profitable early.
UPST Upstart Holdings, Inc. Common stock
XNAS
22.02
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
UPST
$22.02
—
What changed
Recent filings, trades and movesKey stats
$22.02
- 52-Week Range
- $20.59 – $52.10
- YTD
- -51.95%
- IV Rank (30D)
- 27.58
- Straddle Price
- $3.53
- P/C Vol Ratio
- 0.38
- Market Cap
- $2.2B
- Open
- $22.03
- Day Range
- $21.70 – $22.43
- Volume
- 2,400,069
- Prev Close
- $21.89
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 2.45 |
| Cost of Equity (CAPM) | 18.40% (VRP-adj) |
| WACC | 18.24% |
| Volatility Risk Premium | +14.8pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 2.8% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.2B |
| Return on Equity (TTM) | 7.3% |
| Book / Price | 35.6% — banking bias active (P/B is primary) |
| Bank Quality Adj | ×0.50 (target ROE vs peer median) |
| Gross Margin (TTM) | 100.0% |
| FCF Margin (TTM) | -16.0% |
| Debt / Equity | 0.03 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $24.50 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $23.28 |
| Bollinger Width / SMA20 | 16.4% (drives anchor stability) |
| Net Debt | $-0.4B |
| Market Cap | $2B |
Peers used for multiples: AFRM, BFH, NU, OMF, PGY, SYF
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
63%
20-Day Fair Value
≈ by Dec 8, 2026
$21.86
α -0.8%
rank 38%
conviction
57%
40-Day Fair Value
≈ by Jan 6, 2027
$22.31
α +1.2%
rank 39%
conviction
44%
60-Day Fair Value
≈ by Feb 4, 2027
$22.61
α +2.6%
rank 36%
conviction
63%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $2.85 | 9% | median 9.1× · 6 peers |
| Peer EV/EBITDA | n/a | 0% | median 6.8× · 5 peers |
| Peer P/B | $16.22 | 14% | median 2.1× · 6 peers |
| Peer P/S | $6.13 | 5% | median 1.1× · 6 peers |
| Market Anchor (SMA50) | $24.50 | 42% | stability 68% (BB-width) |
| Options Expected (B-L 30d) | $21.24 | 31% | 30 strikes · skew -0.65 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- FINANCE SERVICES (6199) · industry map
- Exchange
- XNAS
- Market Cap
- $2.2B
- Employees
- 1,405
- List Date
- 2020-12-16
- CIK
- 0001647639
- Last Earnings
- Nov 3 before open · +0.3% vs ±13.7% expected
- Next Earnings
- ~Feb 9, 2027 (estimated)
- Headquarters
- Burlingame, CA
- Homepage
- https://www.upstart.com
Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The company support development of different lending product offerings, which are grouped into three operating segments - Personal Lending (unsecured personal loans and small dollar loans), Auto Lending (auto refinance, auto retail loans, and auto secured personal loans), and Other (HELOCs and other).
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 41.37% | -24.64% | 44.92% | -18.14% | 6.49% | -14.38% | 5.94% |
| Feb | -6.56% | 34.65% | -8.37% | -20.28% | 5.54% | -31.39% | -4.40% |
| Mar | 93.34% | -24.97% | -11.40% | 2.17% | -25.38% | -9.30% | 4.08% |
| Apr | -24.44% | -31.19% | -14.93% | -16.27% | 3.91% | 24.53% | -9.73% |
| May | 29.79% | -39.71% | 109.86% | 8.09% | -1.09% | 3.21% | 18.36% |
| Jun | -13.56% | -31.20% | 20.37% | -2.20% | 35.03% | 5.42% | 2.31% |
| Jul | -2.55% | -25.87% | 79.86% | 21.97% | 19.96% | -24.28% | 11.52% |
| Aug | 71.74% | 8.19% | -55.38% | 67.32% | -7.50% | -2.55% | 13.64% |
| Sep | 39.52% | -19.88% | -13.38% | 4.57% | -26.56% | -16.06% | -5.30% |
| Oct | 7.79% | 12.85% | -12.81% | 28.85% | -8.84% | 0.31% | 4.69% |
| Nov | -40.57% | -11.82% | 8.82% | 62.52% | -5.43% | 3.28%* | 2.80% |
| Dec | -15.78% | -30.57% | 26.23% | -8.64% | -1.20% | -- | -5.99% |
| Total | 172.74% | -90.35% | 110.50% | 140.95% | -19.21% | -53.68% | 43.49% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $23.20
SMA 50: $24.36
SMA 200: $29.15
Current: $22.05
EMA 12: $22.69
EMA 26: $23.36
MACD: -0.6651 | Signal: -0.0699
BEARISH
ADX (14): 9.85
RANGE
+DI: 19.69
−DI: 20.84
Momentum Oscillators
RSI (14): 42.77
NEUTRAL
Stoch %K: 33.29
Stoch %D: 38.60
Williams %R: -66.09
Volume & Volatility
BB Upper: $25.16
BB Lower: $21.23
NEUTRAL
OBV: -149,346,044
Vol SMA 20: 4,761,626
Vol ROC: -25.49%
ATR: $1.35
True Range: $0.73
HV 20: 71.2%
HV 30: 61.5%
HV 60: 54.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before UPST’s Nov 3 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report
Executive Summary Overall assessment: BEARISH (Confidence level: 6/10) Key drivers: High volatility, negative news sentiment Primary risks: Technical breakdown, high risk due to beta >1.5 Investment thesis: Upstart's stock price is likely to experience further declines due to high volatility and bearish technical signals. Recent news sentiment impact: Negative news headlines have contributed to the bearish tone.
Technical Analysis Trend Direction: * Short-term (1-4 weeks): BEARISH * Medium-term (1-3 months): NEUTRAL * Long-term (3-12 months): BULLISH
Support/Resistance Levels: * Lower: $25.00 * Middle: $28.48 * Upper: $31.96
Momentum Signals: * RSI: 38.99 (neutral) * MACD: -1.07 / Signal: -0.36 / Histogram: -0.71 (bearish) * Bollinger Bands: Price is near the middle band, indicating neutral momentum.
Volume Analysis: * Volume SMA 20: 4202034.75 * On-Balance Volume (OBV): -40926071.00 (negative sentiment) * Volume Rate of Change: -1.28% (declining volume)
News & Sentiment Analysis Recent Headlines Summary: * Negative headlines dominating the narrative, contributing to bearish sentiment. Sentiment Assessment: NEGATIVE Catalyst Identification: None notable Market Narrative: Technical signals contradicting recent news headlines.
Risk & Volatility Assessment Beta Interpretation: HIGH RISK (beta >1.5) Volatility Regime: HIGH VOLATILITY Options Market Signals: * IV Rank: 21.9% (Low) * Current IV: 75.5% * Expected Move: $3.70 (32 DTE), 7-DTE: $1.55
Downside Protection: * Support levels: $25.00, $28.48 * Risk management considerations: Stop-loss levels and position sizing considerations.
Market Context & Positioning Sector Performance: NEUTRAL vs sector/market Institutional Activity: VOLUME PATTERN SUGGESTS INSTITUTIONAL INTEREST Correlation Analysis: How stock moves relative to market (R-squared interpretation) Relative Valuation: POSITION WITHIN TRADING RANGE
Key Levels & Action Items Critical Price Levels: * Support: $25.00, $28.48 * Resistance: $31.96 Breakout/Breakdown Levels: * Breakout above $31.96 would indicate a potential reversal. Time-Sensitive Catalysts: * Earnings dates, FDA approvals, product launches Risk Management: * Stop-loss levels and position sizing considerations.
Conclusion The analysis suggests that Upstart's stock price is likely to experience further declines due to high volatility and bearish technical signals. The recent negative news headlines have contributed to the bearish tone. It is essential to consider risk management strategies, such as stop-loss levels and position sizing considerations, to mitigate potential losses.
Generated
News
All UPST news →
Earnings History
12 of 24 under expected move
Avg Expected Move
19.80%
Avg Actual Move
23.65%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-03-17 | After-Close | 12.58% | 89.32% | 7.10x | Exceeded |
| 2021-05-11 | After-Close | 20.47% | 2.66% | 0.13x | Within |
| 2021-08-10 | After-Close | 11.92% | 26.18% | 2.20x | Exceeded |
| 2021-11-09 | After-Close | 15.94% | 18.21% | 1.14x | Exceeded |
| 2022-02-15 | After-Close | 23.86% | 35.65% | 1.49x | Exceeded |
| 2022-05-09 | After-Close | 25.11% | 56.42% | 2.25x | Exceeded |
| 2022-07-08 | After-Close | 13.14% | 0.22% | 0.02x | Within |
| 2022-11-08 | After-Close | 21.80% | 10.40% | 0.48x | Within |
| 2023-02-14 | After-Close | 24.93% | 28.13% | 1.13x | Exceeded |
| 2023-05-09 | After-Close | 20.87% | 34.63% | 1.66x | Exceeded |
| 2023-08-08 | After-Close | 21.70% | 34.24% | 1.58x | Exceeded |
| 2023-11-07 | After-Close | 23.19% | 27.30% | 1.18x | Exceeded |
| 2024-02-13 | After-Close | 22.84% | 19.62% | 0.86x | Within |
| 2024-05-07 | After-Close | 21.13% | 5.56% | 0.26x | Within |
| 2024-08-06 | After-Close | 24.32% | 39.51% | 1.62x | Exceeded |
| 2024-11-07 | After-Close | 24.50% | 46.02% | 1.88x | Exceeded |
| 2025-02-11 | After-Close | 30.03% | 31.82% | 1.06x | Exceeded |
| 2025-05-06 | After-Close | 20.04% | 9.65% | 0.48x | Within |
| 2025-08-05 | After-Close | 20.30% | 18.74% | 0.92x | Within |
| 2025-11-04 | After-Close | 17.38% | 9.71% | 0.56x | Within |
| 2026-02-10 | After-Close | 16.86% | 15.04% | 0.89x | Within |
| 2026-05-05 | After-Close | 15.09% | 7.92% | 0.52x | Within |
| 2026-08-04 | After-Close | 13.60% | 0.40% | 0.03x | Within |
| 2026-11-03 | Pre-Market | 13.68% | 0.28% | 0.02x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
UPST Options Activity & IV Rank
UPST IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 67.2%
7-DTE IV: 69.5%
Expected Move: $3.53
7-DTE Move: $1.36
Days to Exp: 32 (2026-12-11)
Options Flow · All expiries
Call Volume: 12,168
Put Volume: 4,632
P/C Volume: 0.381
BULLISH
Call OI: 177,367
Put OI: 97,378
P/C OI: 0.549
Total OI: 274,745
ATM Options Pricing
ATM Call: $1.85
ATM Put: $1.68
Call %: 8.4%
Put %: 7.6%
Chain Summary
Chain Volume: 16,800
Chain OI: 274,745
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 39th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
39%
vs own history
GEX tilt
-0.06
OI-weighted, today
Vanna tilt
+0.32
δ-sensitivity to IV
Charm tilt
-0.62
δ-decay vs time
Vanna tilt +0.32: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.62: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 115 ATM contracts, 54k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
33%
+1.9
pts
EXTREME
ATM 68.5% / Wing 70.4%
30 DTE / 10d
51%
+5.9
pts
EXTREME
ATM 68.2% / Wing 74.0%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)23.6LowNov 9
IV Rank (30 DTE)27.6MediumNov 9
Straddle Price (30 DTE)$3.53Nov 9
Beta Analysis
Risk Metrics
Beta: 2.6690
Alpha: -69.10%
Correlation: 0.5721
R-Squared: 32.7%
Stock Volatility: 64.1%
Market Volatility: 13.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own UPST
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $52.0M | #595 of 3716 | +29.2% | 13F | |
| Citadel Hedge fund Ken Griffin | $33.9M | #874 of 6285 | +51.4% | 13F | |
| Point72 Hedge fund Steve Cohen | $31.4M | #453 of 1945 | +17.1% | 13F | |
| Coatue Management Hedge fund Philippe Laffont | $30.9M | #46 of 66 | 0.0% | 13F | |
| Oaktree Capital Asset manager Howard Marks | $8.3M | #79 of 130 | +70.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $821K | #1826 of 4729 | +58.8% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
UPST Institutional Ownership (13F)
Filings for 2026-06-30 · 146 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 113,788,379 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
23 filers$627.13M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $216.80M | 34.57% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $113.97M | 18.17% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $101.29M | 16.15% | 2026-06-30 |
| 4 | D. E. Shaw & Co., Inc. Custodian | $56.21M | 8.96% | 2026-06-30 |
| 5 | HSBC Holdings plc Custodian | $36.60M | 5.84% | 2026-06-30 |
| 6 | Caption Management, LLC | $17.71M | 2.82% | 2026-06-30 |
| 7 | Point72 Asset Management, L.P. | $16.44M | 2.62% | 2026-06-30 |
| 8 | Walleye Trading LLC | $10.32M | 1.65% | 2026-06-30 |
| 9 | PEAK6 LLC | $8.77M | 1.40% | 2026-06-30 |
| 10 | TUDOR INVESTMENT CORP ET AL | $8.34M | 1.33% | 2026-06-30 |
| 11 | Squarepoint Ops LLC | $7.48M | 1.19% | 2026-06-30 |
| 12 | CAPITAL FUND MANAGEMENT S.A. | $7.33M | 1.17% | 2026-06-30 |
| 13 | NOMURA HOLDINGS INC | $7.09M | 1.13% | 2026-06-30 |
| 14 | Parallax Volatility Advisers, L.P. | $4.25M | 0.68% | 2026-06-30 |
| 15 | Balyasny Asset Management L.P. | $4.24M | 0.68% | 2026-06-30 |
| 16 | Walleye Capital LLC | $2.75M | 0.44% | 2026-06-30 |
| 17 | UBS Group AG Custodian | $2.48M | 0.40% | 2026-06-30 |
| 18 | Interval Partners, LP | $1.92M | 0.31% | 2026-06-30 |
| 19 | Qube Research & Technologies Ltd | $1.07M | 0.17% | 2026-06-30 |
| 20 | Millennium Management LLC Custodian | $928.27K | 0.15% | 2026-06-30 |
| 21 | LPL Financial LLC Custodian | $574.75K | 0.09% | 2026-09-30 |
| 22 | Two Sigma Investments, LP Custodian | $460.59K | 0.07% | 2026-06-30 |
| 23 | Advisory Services Network, LLC Custodian | $106.29K | 0.02% | 2026-06-30 |
24 filers$516.27M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $183.49M | 35.54% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $121.95M | 23.62% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $63.18M | 12.24% | 2026-06-30 |
| 4 | PEAK6 LLC | $33.37M | 6.46% | 2026-06-30 |
| 5 | D. E. Shaw & Co., Inc. Custodian | $25.67M | 4.97% | 2026-06-30 |
| 6 | Walleye Trading LLC | $14.08M | 2.73% | 2026-06-30 |
| 7 | Squarepoint Ops LLC | $10.52M | 2.04% | 2026-06-30 |
| 8 | BNP Paribas Financial Markets Custodian | $8.50M | 1.65% | 2026-06-30 |
| 9 | Clear Street Group Inc. | $8.47M | 1.64% | 2026-06-30 |
| 10 | Barclays PLC Custodian | $8.28M | 1.60% | 2026-09-30 |
| 11 | Millennium Management LLC Custodian | $5.85M | 1.13% | 2026-06-30 |
| 12 | Centiva Capital, LP | $4.99M | 0.97% | 2026-06-30 |
| 13 | Point72 Asset Management, L.P. | $4.71M | 0.91% | 2026-06-30 |
| 14 | SANDLER CAPITAL MANAGEMENT | $4.39M | 0.85% | 2026-06-30 |
| 15 | Walleye Capital LLC | $4.01M | 0.78% | 2026-06-30 |
| 16 | Jain Global LLC | $3.54M | 0.69% | 2026-06-30 |
| 17 | UBS Group AG Custodian | $3.19M | 0.62% | 2026-06-30 |
| 18 | CREDIT AGRICOLE S A | $2.95M | 0.57% | 2026-06-30 |
| 19 | Balyasny Asset Management L.P. | $2.09M | 0.40% | 2026-06-30 |
| 20 | CAPITAL FUND MANAGEMENT S.A. | $2.07M | 0.40% | 2026-06-30 |
| 21 | LPL Financial LLC Custodian | $413.82K | 0.08% | 2026-09-30 |
| 22 | Marshall Wace, LLP Custodian | $410.99K | 0.08% | 2026-06-30 |
| 23 | Qube Research & Technologies Ltd | $99.20K | 0.02% | 2026-06-30 |
| 24 | BANK OF NOVA SCOTIA | $70.86K | 0.01% | 2026-06-30 |
UPST Insider Trading (Form 4)
Latest: 2026-09-10Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-09-10 | Sanjay Datta | President, Capital& Enterprise | Mixed Sell −116,000 · Exer +300,000 |
+184,000 | $8.58 | -$2.76M | EDGAR |
| 2026-09-10 | Paul Gu | Chief Executive Officer | Buy (P) | +50,000 | $25.55 | $1.28M | EDGAR |
| 2026-08-27 | Natalia Mirgorodskaya | See Remarks | Sell (S) | −913 | $30.03 | -$27.4K | EDGAR |
| 2026-08-21 | Natalia Mirgorodskaya | See Remarks | Sell (S) | −586 | $28.09 | -$16.5K | EDGAR |
| 2026-08-21 | Scott Darling | Chief Legal Officer | Sell (S) | −7,696 | $28.09 | -$216.2K | EDGAR |
| 2026-08-21 | Sanjay Datta | President, Capital& Enterprise | Sell (S) | −18,945 | $29.87 | -$565.9K | EDGAR |
| 2026-08-19 | Sanjay Datta | President, Capital& Enterprise | Sell (S) | −2,033 | $29.36 | -$59.7K | EDGAR |
| 2026-08-19 | Scott Darling | Chief Legal Officer | Sell (S) | −814 | $29.36 | -$23.9K | EDGAR |
| 2026-08-19 | Andrea Blankmeyer | Chief Financial Officer | Sell (S) | −10,175 | $29.35 | -$298.6K | EDGAR |
| 2026-06-11 | Sanjay Datta | President, Capital& Enterprise | Sell (S) | −15,000 | $30.41 | -$456.1K | EDGAR |
| 2026-06-02 | Mary Hentges | Director | Award (A) | +6,476 | — | EDGAR | |
| 2026-06-02 | Timothy H Wennes | Director | Award (A) | +6,476 | — | EDGAR | |
| 2026-06-02 | Peter J Bernard | Director | Award (A) | +6,476 | — | EDGAR | |
| 2026-06-02 | Ciaran O'Kelly | Director | Award (A) | +6,476 | — | EDGAR | |
| 2026-06-02 | Kerry Whorton Cooper | Director | Award (A) | +6,476 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
UPST Insider Holdings
14 insiders · @ $22.05
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Paul Gu | Chief Executive Officer | 1,147,546 | $25.31M | -$187.17M | 69 | 2026-09-10 |
| 2 | Dave Girouard | Chief Executive Officer | 599,115 | $13.21M | -$251.06M | 40 | 2026-05-08 |
| 3 | Sanjay Datta | President, Capital& Enterprise | 592,578 | $13.07M | -$16.75M | 103 | 2026-09-10 |
| 4 | Andrea Blankmeyer | Chief Financial Officer | 152,208 | $3.36M | -$507.3K | 3 | 2026-08-19 |
| 5 | Scott Darling | Chief Legal Officer | 119,916 | $2.64M | -$18.59M | 60 | 2026-08-21 |
| 6 | Ciaran O'Kelly | Director | 39,484 | $870.8K | $0 | 11 | 2026-06-02 |
| 7 | Hilliard C. Terry III | Director | 37,432 | $825.6K | -$15.07M | 9 | 2026-06-02 |
| 8 | Mary Hentges | Director | 37,149 | $819.3K | -$7.38M | 10 | 2026-06-02 |
| 9 | Natalia Mirgorodskaya | See Remarks | 35,875 | $791.2K | -$6.59M | 62 | 2026-08-27 |
| 10 | Kerry Whorton Cooper | Director | 34,183 | $753.9K | -$206.4K | 19 | 2026-06-02 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
UPST Board & Officers
As of SEC filings through Sep 10, 2026Directors 8
- Ciaran O'Kelly · since Dec 15, 2020
- Dave Girouard · since Dec 15, 2020
- Hilliard C. Terry III · since Dec 15, 2020
- Mary Hentges · since Dec 15, 2020
- Paul Gu · since Dec 15, 2020
- Kerry Whorton Cooper · since Mar 15, 2021
- Peter J Bernard · since Feb 19, 2025
- Timothy H Wennes · since May 28, 2026
Officers 5
- Paul Gu · Chief Executive Officer · listed since May 2026
- Sanjay Datta · President, Capital& Enterprise · listed since May 2026
- Andrea Blankmeyer · Chief Financial Officer · since Mar 16, 2026
- Scott Darling · Chief Legal Officer · since Dec 5, 2022
- Natalia Mirgorodskaya · Chief Accounting Officer and Controller · listed since Jul 2025
10% owners 1
- Dave Girouard · since Dec 15, 2020
Changes in the last 10 years (36)
| May 28, 2026 | Timothy H Wennes became a director |
| May 19, 2026 | The company announced the departure of Jeff Huber from the board in an SEC filing |
| May 18, 2026 | Sanjay Datta listed as President, Capital& Enterprise (previously Chief Financial Officer) in SEC filings |
| May 14, 2026 | Paul Gu listed as Chief Executive Officer (previously Chief Technology Offier) in SEC filings |
| Mar 16, 2026 | Andrea Blankmeyer became Chief Financial Officer |
| Feb 10, 2026 | The company announced the departure of Dave Girouard as Chief Executive Officer in an SEC filing |
| Jul 10, 2025 | Natalia Mirgorodskaya listed as Chief Accounting Officer and Controller (previously Corporate Controller) in SEC filings |
| Feb 19, 2025 | Peter J Bernard became a director |
| Dec 5, 2022 | Scott Darling became Chief Legal Officer |
| Dec 2, 2022 | Paul Gu listed as Chief Technology Offier (previously SVP, Product and Data Science) in SEC filings |
| Oct 5, 2022 | The company announced the departure of Alison Nicoll as General Counsel and Secretary in an SEC filing |
| Feb 11, 2022 | Alison Nicoll listed as General Counsel and Secretary (previously General Counsel) in SEC filings |
| Dec 3, 2021 | Third Point LLC reported in an SEC filing no longer being a 10% owner |
| Nov 26, 2021 | Third Point LLC first listed as a 10% owner in an SEC filing |
| Nov 17, 2021 | Third Point LLC no longer listed as a 10% owner in SEC filings |
| Nov 15, 2021 | The company announced the departure of Robert S Schwartz from the board in an SEC filing |
| Jun 23, 2021 | Jeff Huber became a director |
| Mar 15, 2021 | Kerry Whorton Cooper became a director |
| Dec 22, 2020 | Daniel S Loeb no longer listed as a 10% owner in SEC filings |
| Dec 15, 2020 | de la Miel Oskar Mielczarek became a director |
| Dec 15, 2020 | Third Point LLC became a 10% owner |
| Dec 15, 2020 | Sanjay Datta became Chief Financial Officer |
| Dec 15, 2020 | Robert S Schwartz became a director |
| Dec 15, 2020 | Paul Gu became a director |
| Dec 15, 2020 | Paul Gu became SVP, Product and Data Science |
| Dec 15, 2020 | Natalia Mirgorodskaya became Corporate Controller |
| Dec 15, 2020 | Mary Hentges became a director |
| Dec 15, 2020 | Hilliard C. Terry III became a director |
| Dec 15, 2020 | Dave Girouard became a director |
| Dec 15, 2020 | Dave Girouard became a 10% owner |
| Dec 15, 2020 | Dave Girouard became Chief Executive Officer |
| Dec 15, 2020 | Daniel S Loeb became a 10% owner |
| Dec 15, 2020 | Ciaran O'Kelly became a director |
| Dec 15, 2020 | Cassidy Sukhinder Singh became a director |
| Dec 15, 2020 | Anna M. Counselman became SVP, People and Operations |
| Dec 15, 2020 | Alison Nicoll became General Counsel |
Not reported recently (3)
- Cassidy Sukhinder Singh · Last reported as a director in an SEC filing dated Dec 3, 2024
- Anna M. Counselman · Last reported as SVP, People and Operations in an SEC filing dated Feb 23, 2022
- de la Miel Oskar Mielczarek · Last reported as a director in an SEC filing dated Dec 15, 2020
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
UPST Proposed Insider Sales (Form 144)
Latest: 2026-09-08
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
10 filings
· $4.4M notice value
· 4 unique filers
· 20% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Datta Sanjay (4, $3.8M) · Blankmeyer Andrea (2, $299K) · Darling Scott (2, $240K) · Mirgorodskaya Natalia (2, $44K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-09-08 | Datta Sanjay | Officer | 116,000 | $3.17M | 2026-09-08 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-25 | Mirgorodskaya Natalia | Officer | 913 | $27.4K | 2026-08-25 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-20 | Mirgorodskaya Natalia | Officer | 586 | $16.5K | 2026-08-20 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-20 | Darling Scott | Officer | 7,696 | $216.2K | 2026-08-20 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-20 | Datta Sanjay | Officer | 8,945 | $251.3K | 2026-08-20 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-19 | Datta Sanjay | Officer | 10,000 | $314.6K | 2026-08-19 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-19 | Blankmeyer Andrea | Officer | 3,000 | $88.0K | 2026-08-19 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-17 | Datta Sanjay | Officer | 2,033 | $59.7K | 2026-08-17 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-17 | Darling Scott | Officer | 814 | $23.9K | 2026-08-17 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-08-17 | Blankmeyer Andrea | Officer | 7,175 | $210.6K | 2026-08-17 | Charles Schwab & Co., Inc. | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-03
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
67 ETFs hold UPST
25 shown · $292.82M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $59.6M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.07% | $49.4M | $76.6B | 2026-11-06 |
| 3 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.02% | $42.8M | — | 2026-09-30 |
| 4 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.05% | $22.6M | — | 2026-09-30 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.02% | $21.8M | — | 2026-09-30 |
| 6 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.33% | $21.7M | $6.6B | 2026-11-05 |
| 7 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.13% | $18.2M | $13.7B | 2026-11-06 |
| 8 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.05% | $11.5M | — | 2026-08-31 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.06% | $11.4M | — | 2026-09-30 |
| 10 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.03% | $10.9M | — | 2026-11-05 |
| 11 | VFH Vanguard Financials ETF | Vanguard | 0.02% | $3.2M | — | 2026-09-30 |
| 12 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $2.7M | $93.2B | 2026-11-06 |
| 13 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.03% | $2.6M | — | 2026-11-05 |
| 14 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.11% | $1.9M | — | 2026-09-30 |
| 15 | PRFZ Invesco RAFI US 1500 Small-Mid ETF | Nport | 0.06% | $1.7M | — | 2026-07-31 |
| 16 | VT Vanguard Total World Stock ETF | Vanguard | 0.00% | $1.6M | — | 2026-09-30 |
| 17 | FYC First Trust Small Cap Growth AlphaDEX® Fund | First Trust | 0.12% | $1.6M | $1.3B | 2026-11-06 |
| 18 | SCHB Schwab U.S. Broad Market ETF | Nport | 0.00% | $1.5M | — | 2026-08-31 |
| 19 | DUSG Dimensional US Small Cap Growth ETF | Dimensional | 0.06% | $1.2M | — | 2026-11-05 |
| 20 | KOMP State Street® SPDR® S&P Kensho New Economies Composite ETF | SPDR (State Street) | 0.05% | $1.1M | $2.3B | 2026-11-05 |
| 21 | ESML iShares ESG Aware MSCI USA Small-Cap ETF | iShares (BlackRock) | 0.04% | $1.1M | $2.7B | 2026-11-06 |
| 22 | RSSL Global X Russell 2000 ETF | Global X | 0.06% | $894,907 | — | 2026-11-06 |
| 23 | FINX Global X FinTech ETF | Global X | 0.40% | $601,866 | — | 2026-11-06 |
| 24 | ISCG iShares Morningstar Small-Cap Growth ETF | iShares (BlackRock) | 0.06% | $598,363 | $934.3M | 2026-11-06 |
| 25 | BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF | JPMorgan | 0.08% | $542,544 | $713.7M | 2026-11-06 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
38.61
TTM Diluted EPS
$0.57
TTM Revenue
$1.19B
TTM Net Income
$65.11M
TTM Op. Cash Flow
$-181.13M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $364.03M | $36.58M | $0.33 | $-19.75M |
| Q2 '26 | 2026-06-30 | $348.02M | $16.54M | $0.16 | $-136.63M |
| Q1 '26 | 2026-03-31 | $277.06M | $-6.65M | $-0.07 | $-133.30M |
| Q4 '25 | 2025-12-31 | $202.24M | $18.64M | $0.17 | $108.55M |
| Q3 '25 | 2025-09-30 | $258.54M | $31.80M | $0.23 | $-122.63M |
| Q2 '25 | 2025-06-30 | $240.78M | $5.61M | $0.05 | $-120.16M |
| Q1 '25 | 2025-03-31 | $185.47M | $-2.45M | $-0.03 | $-13.49M |
| Q4 '24 | 2024-12-31 | $217.90M | $-2.75M | $-0.02 | $-110.93M |
| Q3 '24 | 2024-09-30 | $162.14M | $-6.76M | $-0.07 | $179.34M |
| Q2 '24 | 2024-06-30 | $130.53M | $-54.47M | $-0.62 | $73.58M |
| Q1 '24 | 2024-03-31 | $138.07M | $-64.60M | $-0.74 | $44.34M |
| Q4 '23 | 2023-12-31 | $152.85M | $-42.40M | $-0.49 | $-145.60M |
Q3 2026 • period ending 2026-09-30 • filed 2026-11-03
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
38.61
P/B
2.92
P/S
2.11
EV/EBITDA
—
EV/Sales
1.73
ROE
7.6%
ROA
1.9%
Div Yield
3.35%
FCF Yield
-12.18%
Debt/Equity
0.04
Current Ratio
—
Market Cap
$2.33B
as of 2026-11-09
UPST vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| NU Nu Holdings Ltd. | $58.1B | — | — | −27.7% | 49 |
| SYF SYNCHRONY FINANCIAL | $24.0B | 7.7 | +0.5% | −13.0% | 50 |
| AFRM Affirm Holdings, Inc. Class A Common Sto | $23.1B | 12.3 | +29.6% | −8.6% | 43 |
| OMF OneMain Holdings, Inc. | $6.4B | 8.4 | +7.0% | −19.6% | 53 |
| KLAR Klarna Group plc | $5.2B | — | — | −53.2% | 47 |
| BFH Bread Financial Holdings, Inc. | $3.9B | 7.8 | +5.2% | +31.6% | 69 |
| UPST Upstart Holdings, Inc. Common stock | $2.2B | 38.7 | +32.0% | −51.9% | 28 |
| PGY Pagaya Technologies Ltd. Class A Ordinar | $1.5B | 10.8 | +10.8% | −18.6% | 25 |
| FINV FinVolution Group American depositary sh | $694M | — | — | −42.5% | 15 |
| Peer median | $5.8B | 8.4 | +7.0% | −19.1% | 48 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
26.89M
SI % of Float
33.80%
Days to Cover
6.41
Short Vol Ratio
37.6%
Free Float
79.54M
Float %
81.7%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-08-07