Upstart Holdings, Inc. (UPST) has disclosed a new risk, in the Debt & Financing category.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Upstart Holdings, Inc. faces a potential risk of ownership dilution and stock price depreciation due to the conversion of its 2026, 2029, and 2030 Notes. Should noteholders choose to convert their holdings, the company may issue additional shares, thereby diluting existing stockholders’ interests. This action, coupled with possible short selling by noteholders hedging their positions, could lead to a decrease in the market value of Upstart’s common stock. The anticipation of future share issuances might further exert downward pressure on stock prices.
The average UPST stock price target is $81.00, implying -1.72% downside potential.
To learn more about Upstart Holdings, Inc.’s risk factors, click here.
Trending Articles:
- Bank of America Puts New Street-High Price Target on Dollar General (NYSE:DG) Stock
- “Beyond What we Originally Expected”: Booz Allen Stock (NYSE:BAH) Plummets as Near-Decimation of Workforce Planned
- ‘Early Stages of a Recession’: Canada Hits the Skids as iShares S&P / TSX 60 Index ETF Stock (TSE:XIU) Slips
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue