|Bid||13.00 x 800|
|Ask||13.03 x 3000|
|Day's range||12.85 - 13.33|
|52-week range||12.01 - 125.40|
|Beta (5Y monthly)||1.57|
|PE ratio (TTM)||N/A|
|Earnings date||08 May 2023 - 12 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.95|
Recently, Zacks.com users have been paying close attention to Upstart Holdings, Inc. (UPST). This makes it worthwhile to examine what the stock has in store.
The S&P 500 entered a bear market on June 13, 2022, after dropping more than 20% from its all-time high in January 2021. The index has risen 6% since that fateful day, but that's well below the 20% gain it needs to qualify as a new bull market. It's unclear if a new bull market will start this year, but one of the hottest secular trends -- artificial intelligence -- could catch fire when it finally does.
A controversial research report about a prominent fintech was the torpedo that sank a clutch of the sector's stocks on Thursday. Two notable victims of this were insurance specialist Lemonade (NYSE: LMND) and next-generation lender Upstart Holdings (NASDAQ: UPST). The peer blasted with that report was Block (NYSE: SQ), which has drifted into the sights of a short-seller called Hindenburg Research.