Upwork (UPWK) Stock Price, News & Analysis

Company Overview

Upwork Inc. is a leading global freelancing platform that connects businesses with independent professionals across a broad spectrum of disciplines. Formed in 2015 through the merger of two established online work marketplaces, Elance and oDesk, Upwork has since evolved into a comprehensive talent marketplace that facilitates project-based and ongoing engagements. Its platform serves enterprises, small and medium-sized businesses, as well as individual entrepreneurs seeking expertise in areas such as software development, graphic design, writing, marketing, customer support and more.

At the core of Upwork’s offering is an integrated suite of tools designed to streamline the hiring, collaboration and payment process. Clients can post job opportunities or search individual freelancer profiles to find the right match for their project requirements. Registered professionals submit proposals or accept invitations, then leverage features such as time-tracking software, secure invoicing and milestone management to ensure clear communication and accountability. The platform’s payment protection mechanisms help maintain trust on both sides by holding funds in escrow until agreed deliverables are met.

Operating in more than 180 countries, Upwork has cultivated a diverse community of talent that spans North America, Europe, Asia, Africa and Latin America. The company’s global reach allows clients to tap into specialized skills and manage cross-border projects with localized support for multiple languages and currencies. While headquartered in Santa Clara, California, Upwork maintains additional offices and support centers to facilitate regional customer service and platform development.

Since 2019, Upwork has been led by CEO Hayden Brown, who previously served as the company’s chief marketing officer and general counsel, guiding its growth strategy and product innovation efforts. Under her leadership, Upwork has invested in artificial intelligence and machine-learning technologies to enhance freelancer-client matching and streamline administrative workflows. Together with a seasoned executive team and board of directors, Brown continues to focus on expanding the platform’s capabilities to meet the evolving needs of a dynamic, digital-first workforce.

Key Stats

• Today's Range: $13.47 to $13.73
• 50-Day Range: $13.07 to $17.50
• 52-Week Range: $8.43 to $18.14
• Volume: 1.47 million shs
• Average Volume: 2.31 million shs
• Market Capitalization: $1.80 billion
• P/E Ratio: 8.18
• Dividend Yield: N/A
• Price Target: $18.67
• Consensus Rating: Moderate Buy

Upwork Stock Analysis - MarketRank™

Upwork scored higher than 78% of companies evaluated by MarketBeat, and ranked 186th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Upwork has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Upwork has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -4.76%

Earnings Growth

Earnings for Upwork are expected to decrease by -4.76% in the coming year, from $0.84 to $0.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Upwork is 8.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Upwork is 8.18, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.21.

Price to Book Value per Share Ratio

Upwork has a P/B Ratio of 3.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.84% of the float of Upwork has been sold short.

Short Interest Ratio / Days to Cover

Upwork has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Upwork has recently decreased by 9.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Upwork does not currently pay a dividend.

Dividend Growth

Upwork does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.84% of the float of Upwork has been sold short.

Short Interest Ratio / Days to Cover

Upwork has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Upwork has recently decreased by 9.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.98

News Sentiment

Upwork has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Upwork this week, compared to 9 articles on an average week.

Search Interest

Only 11 people have searched for UPWK on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Upwork to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Upwork insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,172,963.00 in company stock.

Percentage Held by Insiders

Only 7.50% of the stock of Upwork is held by insiders.

Percentage Held by Institutions

77.71% of the stock of Upwork is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UPWK Stock Analysis - Frequently Asked Questions

How have UPWK shares performed this year?

Upwork's stock was trading at $16.35 at the start of the year. Since then, UPWK stock has decreased by 16.5% and is now trading at $13.6550.

How were Upwork's earnings last quarter?

Upwork Inc. (NASDAQ:UPWK) issued its quarterly earnings results on Monday, May, 5th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. The firm's revenue was up .9% compared to the same quarter last year.
Read the conference call transcript.

Does Upwork have any subsidiaries?

Upwork subsidiaries include Elance Inc, Elance Limited Inc, UPW Holdco Inc., Upwork Escrow Inc, Upwork Global Inc, Upwork Payments Inc., and Upwork Talent Group Inc.

When did Upwork IPO?

Upwork (UPWK) raised $135 million in an initial public offering on Wednesday, October 3rd 2018. The company issued 12,300,000 shares at a price of $10.00-$12.00 per share. Citigroup, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and Stifel and JMP Securities were co-managers.

How do I buy shares of Upwork?

Shares of UPWK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Upwork own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Upwork investors own include NVIDIA (NVDA), Meta Platforms (META), Invesco QQQ (QQQ), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 5/05/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SERVICES
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:UPWK
• CIK: 1627475
• Web: www.upwork.com
• Phone: (650) 316-7500
• Fax: N/A
• Employees: 850
• Year Founded: 2015

Price Target and Rating

• Average Stock Price Target: $18.67
• High Stock Price Target: $24.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +36.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.67
• Trailing P/E Ratio: 8.18
• Forward P/E Ratio: 16.26
• P/E Growth: N/A
• Net Income: $215.59 million
• Net Margins: 30.46%
• Pretax Margin: 15.00%
• Return on Equity: 48.38%
• Return on Assets: 20.77%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 3.41
• Quick Ratio: 3.41

Sales & Book Value

• Annual Sales: $769.33 million
• Price / Sales: 2.34
• Cash Flow: $1.67 per share
• Price / Cash Flow: 8.17
• Book Value: $4.30 per share
• Price / Book: 3.18

Miscellaneous

• Outstanding Shares: 131,590,000
• Free Float: 121,721,000
• Market Cap: $1.80 billion
• Optionable: Optionable
• Beta: 1.38