Loop Capital Initiates Coverage of Upstart Holdings with Hold Rating
Fintel reports that on September 9, 2026, Loop Capital initiated coverage of Upstart Holdings (NASDAQGS:UPST) with a Hold recommendation.
On September 8, 2026, the day before the coverage initiation, the stock closed at $26.98. By the close of the session on September 9, 2026, the latest close was recorded at $25.89. This latest close represents a price change of -8.09% over one week, compared to a baseline close of $28.17 on September 2, 2026. Over a one-month period, the stock has experienced a price change of -16.73% from a baseline close of $31.09 on August 7, 2026. Upstart Holdings operates within the financial technology sector, focusing on leveraging artificial intelligence to streamline the credit decision process and improve loan affordability and accessibility.
This individual rating from Loop Capital stands alongside broader market consensus data. As of August 28, 2026, the current consensus target mean for Upstart Holdings was $41.21, with a median target of $40.80. This mean target represents an implied change of +59.17% and is an increase from the prior consensus target mean of $40.60 recorded on August 4, 2026, reflecting a consensus target revision of +1.51%. In terms of analyst recommendations, the current period as of September 1, 2026, shows 4 strong buy, 9 buy, 7 hold, 1 sell, and 0 strong sell recommendations, totaling 21. This distribution results in 61.9% positive, 33.3% hold, and 4.8% negative recommendations. These figures are identical to the prior recommendation period as of August 1, 2026, which also recorded 4 strong buy, 9 buy, 7 hold, 1 sell, and 0 strong sell recommendations.
Upstart Holdings last reported earnings on August 4, 2026. The company reported an actual EPS of 0.57, exceeding the estimated EPS of 0.5448, which represents an EPS surprise of +4.63%. Actual revenue was reported at $364,708,000,000,000.00, compared to the estimated revenue of $359,312,768,000,000.00. According to the company's Form EX-99.1 filing dated August 4, 2026, titled Upstart Announces Second Quarter 2026 Results, the company announced financial results for the quarter ended June 30, 2026. The filing noted that originations were up 50% year-over-year and that the company returned to GAAP profitability.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 9, 2026 | Loop Capital | Hold | initiated coverage |
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This story originally appeared on Fintel.