原文标题:
Upstart stock pulls up 8% after Atlantic Equities makes bullish call
原文连结:
https://seekingalpha.com/news/3737641-upstart-stock-pulls-up-8-after-
atlantic-equities-makes-bullish-call
发布时间:
Sep. 07, 2021 1:01 PM ET
原文内容:
Upstart Holdings (NASDAQ:UPST) stock climbs 8.3% after Atlantic Equities
analyst Simon Clinch initiates coverage with an Overweight rating on the view
that the company is in "the very early stages of a long secular growth
opportunity."
"Our analysis calculates a potential market opportunity for UPST of $59B in
revenue today, rising to $77B by 2030," Clinch writes in a note to clients,
adding that the company's market penetration is currently only at 1.3%. He
estimates an increase to 6% by FY2030, "driving annualized revenue growth of
22% over the next decade."
Upstart's platform uses artificial intelligence to help banks assess consumer
credit risk.
Sets a price target of $290, implying potential upside of 17% from Friday's
close.
For Upstart (UPST), risks include customer concentration, with more than 60%
of its revenue coming from Cross River Bank and ~50% of its customer traffic
coming from Credit Karma. "Growth is also contingent on investor demand for
securitized loan portfolios," the analyst said.
Clinch's Overweight rating aligns with the average Wall Street rating of
Bullish (3 Very Bullish, 4 Bullish). The average SA Author rating also
heavily leans Bullish (2 Very Bullish, 4 Bullish, 2 Neutral, 1 Bearish).
Analysts have been revising earnings estimates upwards YTD as seen in the
chart below.
https://static.seekingalpha.com/uploads/2021/9/7/saupload_upst_thumb1.png
心得/评论: ※必需填写满20字
难怪今天大涨8% 看来现在只是早期阶段.
目前市值偏低,股价也还没反应市场估值
吸引许多买盘大量涌入.
看来现在还没发车 等著大家上呢.