Upstart Holdings Inc. ($UPST) has experienced a substantial surge in its stock price following the release of its fourth-quarter earnings report, which exceeded analyst expectations. The company reported earnings per share (EPS) of $0.26, surpassing estimates by $0.30, and revenue of $218.96 million, which exceeded projections by $37.04 million. In addition to these strong results, Upstart's loan originations rose by 68% year-over-year. Following the earnings announcement, several analysts upgraded their price targets for Upstart, with Needham raising its target from $100 to $108, Piper Sandler increasing its target from $85 to $105, and B. Riley raising its target from $49 to $105. JPMorgan also upgraded Upstart to Neutral from Underweight, increasing its price target from $57 to $79. As a result of these developments, Upstart's stock price surged by approximately 35% in pre-market trading and remained up about 28% during the day.