For the third quarter of 2026, analysts expect Upstart Holdings Inc to report consensus revenue of $365.18 million and earnings of $0.23 per share. The stock is currently trading at approximately $23.02, which represents significant upside potential compared to the average analyst price target of $38.38.
Investors are primarily focused on the final loan origination volumes, which serve as a critical barometer for the health of the company's AI-driven lending platform.
Preliminary Q3 data suggests originations reached $4.12 billion, marking a 42.1% year-over-year increase. Shareholders are also watching the Upstart Macro Index (UMI) and progress on the new 'Upstart Bank' initiative, as these factors will dictate growth in a high-interest-rate environment.