Upwork (UPWK) Stock Price, News & Analysis

Company Overview

Upwork Inc. operates a leading online talent marketplace that connects businesses with independent professionals worldwide. Through its digital platform, the company enables clients across industries—including technology, marketing, creative services and customer support—to source, hire and manage freelance talent on demand. Key features of the Upwork platform include streamlined job posting, proposal evaluation, time-tracking tools, invoicing and secure payment processing, all designed to simplify collaboration between clients and remote workers.

The company traces its roots to the merger of two pioneering freelance marketplaces, Elance (founded in 1998) and oDesk (founded in 2003), which combined in 2015 to form a unified entity. In 2018, Upwork went public via an initial public offering on the NASDAQ under the ticker symbol UPWK. Since its public listing, Upwork has continued to refine its marketplace technology and expand service offerings to meet the evolving needs of a global freelance workforce.

Upwork’s product suite includes Talent Cloud, a managed service solution for enterprise clients that provides access to curated freelance talent pools, and Enterprise, which adds features such as dedicated account management, customized talent sourcing and enhanced compliance support. The platform also offers classification badges—such as “Top Rated” and “Rising Talent”—to help clients identify freelancers with strong performance records. Additional services include payment protection mechanisms, support for multiple billing arrangements (hourly, fixed-price and recurring), and global payroll solutions that enable clients to engage independent contractors across borders.

Headquartered in Santa Clara, California, Upwork serves a diverse roster of businesses ranging from startups to Fortune 500 corporations, with a user base spanning North America, Europe, Asia and Latin America. Since December 2019, Hayden Brown has served as President and Chief Executive Officer, guiding the company’s efforts to optimize platform matching algorithms and enhance engagement tools. Upwork’s leadership team continues to focus on harnessing data analytics and machine learning to improve freelancer discovery and drive long-term marketplace growth.

Key Stats

• Today's Range: $10.02 to $10.51
• 50-Day Range: $10.08 to $13.85
• 52-Week Range: $10.02 to $22.84
• Volume: 5.11 million shs
• Average Volume: 3.55 million shs
• Market Capitalization: $1.25 billion
• P/E Ratio: 12.00
• Dividend Yield: N/A
• Price Target: $22.60
• Consensus Rating: Moderate Buy

Upwork Stock Analysis - MarketRank™

Upwork scored higher than 87% of companies evaluated by MarketBeat, and ranked 117th out of 626 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 2.54, and is based on no strong buy ratings, 7 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Upwork has a consensus price target of $22.60, representing about 124.2% upside from its current price of $10.08.

Amount of Analyst Coverage

Upwork has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.86%

Earnings Growth

Earnings for Upwork are expected to grow by 17.86% in the coming year, from $1.40 to $1.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Upwork is 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Upwork is 12.27, 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 73.48.

Price to Book Value per Share Ratio

Upwork has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for UPWK.

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.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.37

News Sentiment

Upwork has a news sentiment score of -0.37. 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 lower news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Upwork this week, compared to 6 articles on an average week.

Search Interest

7 people have searched for UPWK on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Upwork to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 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 $3,156,199.00 in company stock.

Percentage Held by Insiders

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 $19.82 at the start of the year. Since then, UPWK shares have decreased by 49.1% and is now trading at $10.08.

How were Upwork's earnings last quarter?

Upwork Inc. (NASDAQ:UPWK) posted its earnings results on Monday, November, 3rd. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.25 by $0.04. The firm's quarterly revenue was up 4.1% on a year-over-year basis.
Read the conference call transcript.

Is Upwork doing a stock buyback?

Upwork's board authorized a stock buyback plan on Wednesday, February 18th 2026, which allows the company to repurchase $300,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 18% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

Does Upwork have any subsidiaries?

Upwork subsidiaries include these companies: 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 $162 million in an initial public offering (IPO) on Wednesday, October 3rd 2018. The company issued 12,476,693 shares at a price of $12.00-$14.00 per share. Citigroup, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Stifel and JMP Securities were co-managers.

Who are Upwork's major shareholders?

Upwork's top institutional shareholders include Principal Financial Group Inc. (0.89%), Bank of New York Mellon Corp (0.59%), Kestrel Investment Management Corp (0.35%) and Sanctuary Advisors LLC (0.12%). Insiders that own company stock include Thomas Layton, Hayden Brown, Elizabeth A Nelson, Erica Gessert, Gary Steele, Leela Srinivasan, Dave Bottoms, Sabrina Mekhalfa and Olivier Marie.
View institutional ownership trends.

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: 11/03/2025
• Today: 5/06/2026
• Next Earnings (Estimated): 5/07/2026
• Fiscal Year End: 12/31/2026

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 Price Target for Upwork: $22.60
• High Price Target: $27.00
• Low Price Target: $15.00
• Potential Upside/Downside: +124.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.54
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.84
• Trailing P/E Ratio: 12.00
• Forward P/E Ratio: 7.20
• P/E Growth: N/A
• Net Income: $115.43 million
• Net Margins: 14.65%
• Pretax Margin: 19.44%
• Return on Equity: 18.76%
• Return on Assets: 9.03%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.46
• Quick Ratio: 1.46

Sales & Book Value

• Annual Sales: $787.78 million
• Price / Sales: 1.58
• Cash Flow: $1.02 per share
• Price / Cash Flow: 9.92
• Book Value: $4.83 per share
• Price / Book: 2.09

Miscellaneous

• Outstanding Shares: 123,570,000
• Free Float: 114,307,000
• Market Cap: $1.25 billion
• Optionable: Optionable
• Beta: 1.07