Goldman Sets $71 Price Target on Upstart

by MarketNewsData

Upstart Holdings (NASDAQ: UPST) has surged 44.8% over the past month, outperforming both the Finance sector and the S&P 500. Despite Monday’s 4.31% dip to $75.62, the stock remains well above a new $71 price target set by Goldman Sachs, signaling a cautious stance amid strong momentum.

Upstart, known for its AI-driven credit underwriting platform, is set to report Q2 earnings on August 5. Analysts expect:

  • EPS: $0.27 (↑ 258.8% YoY)
  • Revenue: $225.3M (↑ 76.5% YoY)

As of the latest trading session, UPST is priced at $72.35 with a $6.88B market cap and volume of 3.38M shares.

While Goldman’s price target implies modest downside, strong earnings expectations may keep investor interest elevated heading into August.

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