Citizens cuts target for Upstart stock from USD 20 to USD 18

Published on 10/20/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 41.9 percent to USD 364.71 million. Upstart stock costs EUR 20.72 on October 20, 2026, before November 3 results.

Analyst concerns shape the outlook

Citizens cut its Upstart price target from USD 20.00 to USD 18.00 on October 15, 2026.
Second-quarter 2026 revenue reached USD 364.71 million, up 41.9 percent year over year.
Upstart Holdings stock trades at EUR 20.72 at 1:12 p.m. CEST at Lang & Schwarz on October 20, 2026.

UPST, US91680M1071, Illustration mit AI erstellt.

Upstart Holdings (US91680M1071) faces a lower valuation bar after Citizens cut its price target from USD 20.00 to USD 18.00 on October 15, 2026, according to Investing.com. Upstart stock was trading at EUR 20.72 at Lang & Schwarz on October 20, 2026 at 1:12 p.m. CEST.

Citizens flags bank charter concerns

Citizens kept a Market Underperform rating while lowering its target from USD 20.00 to USD 18.00. The analyst cited regulatory uncertainty around national bank charters, a risk that could affect fintech lenders pursuing bank ownership.

The target cut followed a stronger operating quarter. Upstart reported second-quarter 2026 revenue of USD 364.71 million, up 41.9 percent year over year, while adjusted diluted earnings per share came in at USD 0.16 against a USD 0.18 consensus estimate, according to Investing.com. GAAP net income returned in the quarter, but the earnings-per-share shortfall keeps execution in view.

What do the recent figures mean?

Upstart's recent chronology shows how quickly the debate has shifted. On August 4, 2026, the company reported second-quarter revenue of USD 364.71 million. On October 5, 2026, Upstart published September originations of USD 1.378 billion, a 44.2 percent year-over-year increase, as reported by Investing.com. On October 15, 2026, Citizens cut its target to USD 18.00 from USD 20.00.

Next date is November 3

Upstart is scheduled to announce third-quarter 2026 results on November 3, 2026, with the earnings conference call listed for 5:00 a.m. PST by Upstart Holdings. That report will test whether the 41.9 percent second-quarter revenue growth can continue while credit and regulatory concerns weigh on valuation.

EUR 20.72 intraday at Lang and Schwarz

Upstart's current German-market indication gives investors a dated euro reference ahead of the results. The stock was trading at EUR 20.72 at Lang & Schwarz on October 20, 2026 at 1:12 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Upstart Holdings stock.