Upstart Holdings, Inc.

Upstart Holdings, Inc. (NASDAQ: UPST) offers a cloud-based artificial intelligence loan platform that is proprietary. The platform gathers consumer loan demand and connects it with Upstart's network of AI-enabled bank partners.

Key Highlights:

• The company reported a significant increase in revenues to USD 848.59 million in FY21 (ended December 31, 2021), compared to USD 233.42 million in FY20.
• UPST witnessed a boost in net income to USD 135.44 million in FY21, compared to USD 5.98 million in FY20.
• Its EBITDA and net margin improved to 12.8% and 16.9% in FY21, respectively, from 4.0% and 2.4% in FY20.
• Stock is currently trading below its crucial short-term (50-day) and long-term (200-day) SMA support levels, indicating a bearish trend.
• Stock is leaning towards the lower-band of the 52-week range of USD 45.14 to USD 401.49.
• UPST stock price has fallen 36.14% and 54.51% in the past three and six months, respectively.

Conclusion:

Considering the company's robust topline and bottom-line performances, macroeconomic headwinds, improving margins, and other technical indicators, we recommend a "Watch" rating on the stock at the closing price of USD 112.50, down 12.29% as of March 07, 2022.

Two-Year Technical Price Chart (as of March 07, 2022). Source: REFINITIV, Analysis by Kalkine Group

*The reference data in this report has been partly sourced from REFINITIV.

Grid Dynamics Holdings, Inc.

Group Dynamics Holdings, Inc. (NASDAQ: GDYN) is a digital transformation services provider for businesses. Using deep expertise in new technology, global engineering talent, lean software development processes, and high-performance product culture, the company helps enterprises become more agile and create innovative digital products and experiences.

Key Highlights:

• The company's reported a significant increase in revenues to USD 211.29 million in FY21 (ended December 31, 2021) from USD 111.28 million in FY20.
• In FY21, GDYN again reported a loss of USD 7.70 million, compared to USD 12.60 million in FY20.
• The company's cash conversion days have improved to 49.5 days in FY21 from 57.9 days in FY20.
• Stock is currently trading far below its crucial short-term (50-day) and long-term (200-day) SMA support levels, and the RSI is at 16.02, indicating an oversold zone.
• Stock is leaning towards the lower-band of the 52-week range of USD 9.29 to USD 42.81.
• GDYN's stock price has fallen 74.70% and 68.87% in the past three and six months, respectively.

Conclusion:

Considering the robust topline, continuous losses, macro headwinds, and other technical indicators, we recommend a "Watch" rating on the stock at the closing price of USD 9.34, down 3.51% as of March 07, 2022.

Three-Year Technical Price Chart (as of March 07, 2022). Source: REFINITIV, Analysis by Kalkine Group

*The reference data in this report has been partly sourced from REFINITIV.