Upstart Holdings, Inc.
Upstart is the leading artificial intelligence ( AI ) lending marketplace. We aim to radically reduce the cost and complexity of borrowing for all Americans by using our proprietary AI models to remake the entire lending process.
$23.85
+$0.19 (+0.80%)
EOD Oct 22, 2026
Net margin is thin at 5.13%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue grew 64.0% YoY.
At 46x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.
45.9x earnings. Above the financial-sector median (~13x). The market is pricing in above-average returns or growth, any credit deterioration would compress the multiple quickly.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.25B
▲ +64.0% YoY
Net Income (TTM)
$60M
▲ +141.7% YoY
Net Margin
4.84%
P/E
45.9x
Balance Sheet
Total Assets
$3.17B
Equity
$797M
Total Debt
$22M
Cash & Equiv.
$456M
5Y CAGR: +34.9%
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SourceComputed from the 10-Q filed 28 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Upstart Holdings (UPST) overvalued?
At a P/E of 45.9, Upstart Holdings (UPST)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Upstart Holdings scores 62/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Upstart Holdings a high-quality business?+
Upstart Holdings scores 62 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 4.0% operating margin and a 6.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Upstart Holdings a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh UPST's valuation and scores 62/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Finance Services
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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