In the latest trading session, Upstart Holdings, Inc. (UPST Quick QuoteUPST - Free Report) closed at $33.66, marking a +2.09% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.05%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 0.24%.

Coming into today, shares of the company had gained 0.86% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 lost 1.42%.

Analysts and investors alike will be keeping a close eye on the performance of Upstart Holdings, Inc. in its upcoming earnings disclosure. On that day, Upstart Holdings, Inc. is projected to report earnings of $0.55 per share, which would represent year-over-year growth of 52.78%. Our most recent consensus estimate is calling for quarterly revenue of $354.89 million, up 37.93% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.27 per share and revenue of $1.43 billion, indicating changes of +30.46% and +36.53%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Upstart Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Upstart Holdings, Inc. possesses a Zacks Rank of #3 (Hold).

From a valuation perspective, Upstart Holdings, Inc. is currently exchanging hands at a Forward P/E ratio of 14.55. For comparison, its industry has an average Forward P/E of 11.12, which means Upstart Holdings, Inc. is trading at a premium to the group.

We can also see that UPST currently has a PEG ratio of 0.35. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Financial - Miscellaneous Services industry had an average PEG ratio of 1.05 as trading concluded yesterday.

The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 103, placing it within the top 43% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.