Upstart Holdings, Inc. (NASDAQ:UPST) is a financial technology company that leverages artificial intelligence to enhance lending decisions. The company is scheduled to release its quarterly earnings on February 11, 2025. Wall Street anticipates an EPS of -$0.04 and revenue of around $182 million. Upstart's innovative approach in the fintech sector has garnered significant investor interest.
Upstart's projected revenue of $185 million for Q4 2024 closely matches the Zacks Consensus Estimate of $180.1 million. The anticipated loss of 5 cents per share signifies an improvement from the previous year's 11 cents per share loss. Over the past four quarters, UPST has consistently outperformed the Zacks Consensus Estimate, with an average earnings surprise of 39.7%.
Despite a negative price-to-earnings (P/E) ratio of -37.01, Upstart's price-to-sales ratio of 11.30 indicates investor willingness to pay $11.30 for every dollar of sales. The enterprise value to sales ratio stands at 12.36, reflecting the company's valuation relative to its revenue. The debt-to-equity ratio of 1.75 suggests a relatively high level of debt compared to equity.
Upstart's current ratio of 6.65 indicates a strong ability to cover short-term liabilities with short-term assets. Recent Federal Reserve rate cuts, along with new product launches and an AI-driven lending model, are expected to positively impact UPST's Q4 revenues. The company's innovative strategies continue to attract attention in the financial technology sector.
