Tue May 06 20:10:00 UTC 2025: ## Upstart (UPST) Poised for Earnings Announcement; Analysts Predict Strong Growth
**NEW YORK** – AI-powered lending platform Upstart (NASDAQ: UPST) is set to release its first-quarter earnings report after the market closes tomorrow. Analysts anticipate strong year-over-year revenue growth, projecting a 58.7% increase to $202.8 million, exceeding the 24.2% growth seen in the same quarter last year. Adjusted earnings per share are expected at $0.17.
While Upstart has missed revenue expectations twice in the past two years, recent analyst estimates have remained largely unchanged, suggesting confidence in the company’s trajectory. The company significantly exceeded revenue expectations last quarter, reporting $219 million (a 56.1% year-on-year increase) and surpassing EBITDA guidance.
Upstart’s performance will be viewed in the context of its vertical software peers. Cadence reported 23.1% year-over-year revenue growth, meeting expectations, while PTC exceeded estimates with a 5.5% increase. Positive investor sentiment in the sector is evident, with average share prices up 14.1% over the past month; Upstart itself has seen a 31% increase during the same period.
Currently, Upstart’s average analyst price target stands at $73.92, significantly higher than its current share price of $49.62. The company’s performance tomorrow will be crucial in determining whether it can sustain this upward momentum.