NASDAQ:UPWK Upwork - UPWK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Upwork Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.62 +0.58 (+5.25%) (As of 03/24/2023 10:39 AM ET) Add Compare Share Share Today's Range$11.04▼$11.7650-Day Range$10.04▼$14.5352-Week Range$9.79▼$25.11Volume432,301 shsAverage Volume1.35 million shsMarket Capitalization$1.54 billionP/E RatioN/ADividend YieldN/APrice Target$20.30 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Upwork MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside83.9% Upside$20.30 Price TargetShort InterestHealthy4.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 4 Articles This WeekInsider TradingSelling Shares$704,682 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.50) to ($0.28) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsComputer And Technology Sector243rd out of 604 stocksData Processing & Preparation Industry18th out of 67 stocks 3.3 Analyst's Opinion Consensus RatingUpwork has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.30, Upwork has a forecasted upside of 83.9% from its current price of $11.04.Amount of Analyst CoverageUpwork has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.05% of the float of Upwork has been sold short.Short Interest Ratio / Days to CoverUpwork has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Upwork has recently decreased by 7.31%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldUpwork does not currently pay a dividend.Dividend GrowthUpwork does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UPWK. Previous Next 1.8 News and Social Media Coverage News SentimentUpwork has a news sentiment score of 0.30. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Upwork this week, compared to 4 articles on an average week.Search InterestOnly 21 people have searched for UPWK on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat Follows10 people have added Upwork to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $704,682.00 in company stock.Percentage Held by InsidersOnly 8.90% of the stock of Upwork is held by insiders.Percentage Held by Institutions74.05% of the stock of Upwork is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Upwork are expected to grow in the coming year, from ($0.50) to ($0.28) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Upwork is -16.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Upwork is -16.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioUpwork has a P/B Ratio of 5.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Upwork (NASDAQ:UPWK) StockUpwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The company was founded by Odysseas Tsatalos and Efstratios Karamanlakis in December 2013 and is headquartered in San Francisco, CA.Read More Receive UPWK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Upwork and its competitors with MarketBeat's FREE daily newsletter. Email Address UPWK Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comUpwork Inc. (NASDAQ:UPWK) CEO Sells $308,640.48 in StockFebruary 18, 2023 | finance.yahoo.comUpwork Full Year 2022 Earnings: EPS Beats ExpectationsMarch 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 16, 2023 | finance.yahoo.comUpwork Inc. (NASDAQ:UPWK) Q4 2022 Earnings Call TranscriptFebruary 16, 2023 | finance.yahoo.comUpwork (UPWK) Q4 2022 Earnings Call TranscriptFebruary 15, 2023 | finance.yahoo.comUpwork (UPWK) Tops Q4 Earnings and Revenue EstimatesFebruary 15, 2023 | finance.yahoo.comUpwork Reports Fourth Quarter and Full Year 2022 Financial ResultsFebruary 15, 2023 | finance.yahoo.comUpwork: Q4 Earnings SnapshotMarch 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 6, 2023 | seekingalpha.comUpwork: Stepping On The Brake Pedals In Light Of Macro HeadwindsJanuary 18, 2023 | finance.yahoo.comUpwork Unveils Most In-Demand Skills for Independent Professionals in 2023January 17, 2023 | finance.yahoo.comUpwork to Report Fourth Quarter and Full Year 2022 Financial Results on February 15, 2023January 9, 2023 | finance.yahoo.comAfter losing 61% in the past year, Upwork Inc. (NASDAQ:UPWK) institutional owners must be relieved by the recent gainJanuary 3, 2023 | finance.yahoo.comUpwork to Participate in 25th Annual Needham Growth ConferenceDecember 13, 2022 | finance.yahoo.comUpwork Study Finds 60 Million Americans Freelancing in 2022December 13, 2022 | finance.yahoo.comInsiders in Upwork Inc. (NASDAQ:UPWK) are down 30% on their US$1.1m purchase despite recent gainsNovember 16, 2022 | finance.yahoo.comAmidst increasing losses, Investors bid up Upwork (NASDAQ:UPWK) 23% this past weekNovember 11, 2022 | finance.yahoo.comWall Street Analysts Think Upwork (UPWK) Could Surge 146%: Read This Before Placing a BetOctober 27, 2022 | finance.yahoo.comUpwork (UPWK) Q3 2022 Earnings Call TranscriptOctober 26, 2022 | finance.yahoo.comUpwork Reports Third Quarter 2022 Financial ResultsOctober 17, 2022 | ca.finance.yahoo.comHow to Create $500 in Cash and Turn it Into $5,000 Now - Yahoo Canada FinanceOctober 16, 2022 | realmoney.thestreet.com2 Trades on 2 Promising Small-Cap Growth Names - RealMoneyOctober 14, 2022 | seekingalpha.comUpwork Stock: Decent Execution, Slight Premium Valuation (UPWK) - Seeking AlphaOctober 11, 2022 | reuters.comBiden's labor rule to shake up gig economy that relies on contractors - ReutersOctober 10, 2022 | nasdaq.com2 Gig Economy Stocks to Buy amid Workforce Paradigm Shifts - NasdaqOctober 7, 2022 | finance.yahoo.com10 Best Gig Economy Stocks To Buy Now - Yahoo FinanceOctober 6, 2022 | finance.yahoo.comGreenhouse Launches New "Talent Makers" Podcast - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive UPWK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Upwork and its competitors with MarketBeat's FREE daily newsletter. Email Address UPWK Company Calendar Last Earnings10/27/2021Today3/24/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:UPWK CUSIPN/A CIK1627475 Webwww.upwork.com Phone(650) 316-7500FaxN/AEmployees650Year Founded2015Price Target and Rating Average Stock Price Forecast$20.30 High Stock Price Forecast$31.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+83.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.69) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-89,890,000.00 Net Margins-14.54% Pretax Margin-14.45% Return on Equity-36.42% Return on Assets-8.26% Debt Debt-to-Equity Ratio2.27 Current Ratio3.76 Quick Ratio3.76 Sales & Book Value Annual Sales$618.32 million Price / Sales2.37 Cash FlowN/A Price / Cash FlowN/A Book Value$1.89 per share Price / Book5.84Miscellaneous Outstanding Shares132,480,000Free Float120,686,000Market Cap$1.46 billion OptionableNot Optionable Beta1.52 Social Links Key ExecutivesHayden BrownPresident & Chief Executive OfficerSaty BahadurChief Technology OfficerOlivier MarieTreasurer & Chief Accounting OfficerEric GilpinChief Sales OfficerMelissa WatersChief Marketing OfficerKey CompetitorsTaskUsNASDAQ:TASKCSG Systems InternationalNASDAQ:CSGSE2open ParentNYSE:ETWOtrivagoNASDAQ:TRVGJOYYNASDAQ:YYView All CompetitorsInsiders & InstitutionsHayden BrownSold 30,378 sharesTotal: $308,640.48 ($10.16/share)Olivier MarieSold 958 sharesTotal: $9,733.28 ($10.16/share)Voya Investment Management LLCSold 186,821 shares on 2/28/2023Ownership: 0.230%Parallax Volatility Advisers L.P.Sold 200 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 38,988 shares on 2/21/2023Ownership: 1.124%View All Insider TransactionsView All Institutional Transactions UPWK Stock - Frequently Asked Questions Should I buy or sell Upwork stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UPWK shares. View UPWK analyst ratings or view top-rated stocks. What is Upwork's stock price forecast for 2023? 9 analysts have issued 12-month price targets for Upwork's stock. Their UPWK share price forecasts range from $15.00 to $31.00. On average, they expect the company's share price to reach $20.30 in the next twelve months. This suggests a possible upside of 83.9% from the stock's current price. View analysts price targets for UPWK or view top-rated stocks among Wall Street analysts. How have UPWK shares performed in 2023? Upwork's stock was trading at $10.44 at the beginning of 2023. Since then, UPWK shares have increased by 5.7% and is now trading at $11.04. View the best growth stocks for 2023 here. When is Upwork's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our UPWK earnings forecast. How were Upwork's earnings last quarter? Upwork Inc. (NASDAQ:UPWK) posted its earnings results on Wednesday, October, 27th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.09. The company had revenue of $128.14 million for the quarter, compared to analyst estimates of $126.59 million. Upwork had a negative trailing twelve-month return on equity of 36.42% and a negative net margin of 14.54%. The business's quarterly revenue was up 32.4% compared to the same quarter last year. During the same period last year, the firm earned ($0.02) earnings per share. What ETFs hold Upwork's stock? ETFs with the largest weight of Upwork (NASDAQ:UPWK) stock in their portfolio include Amplify Online Retail ETF (IBUY), SPDR FactSet Innovative Technology ETF (XITK), WisdomTree Growth Leaders Fund (PLAT), Generation Z ETF (ZGEN), Vanguard Russell 2000 Growth ETF (VTWG), Motley Fool Next Index ETF (TMFX).Motley Fool Capital Efficiency 100 Index ETF (TMFE) and What guidance has Upwork issued on next quarter's earnings? Upwork updated its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of -$0.06--$0.03 for the period, compared to the consensus earnings per share estimate of -$0.03. The company issued revenue guidance of $157.00 million-$160.00 million, compared to the consensus revenue estimate of $166.66 million. What is Hayden Brown's approval rating as Upwork's CEO? 32 employees have rated Upwork Chief Executive Officer Hayden Brown on Glassdoor.com. Hayden Brown has an approval rating of 85% among the company's employees. What other stocks do shareholders of Upwork own? Based on aggregate information from My MarketBeat watchlists, some companies that other Upwork investors own include NVIDIA (NVDA), Shopify (SHOP), Advanced Micro Devices (AMD), Twilio (TWLO), Alibaba Group (BABA), Block (SQ), Zoom Video Communications (ZM), Trade Desk (TTD), DocuSign (DOCU) and Teladoc Health (TDOC). When did Upwork IPO? (UPWK) raised $135 million in an IPO on Wednesday, October 3rd 2018. The company issued 12,300,000 shares at $10.00-$12.00 per share. Citigroup, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Stifel and JMP Securities were co-managers. What is Upwork's stock symbol? Upwork trades on the NASDAQ under the ticker symbol "UPWK." Who are Upwork's major shareholders? Upwork's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (5.14%), ATOMVEST Ltd (2.31%), Ancient Art L.P. (1.89%), Geode Capital Management LLC (1.71%), T. Rowe Price Investment Management Inc. (1.53%) and Renaissance Technologies LLC (1.52%). Insiders that own company stock include Elizabeth A Nelson, Eric Gilpin, Gary Steele, Gregory C Gretsch, Hayden Brown, Jeff Mccombs, Kevin Harvey, Leela Srinivasan, Olivier Marie, Susan Miranda Green and Thomas Layton. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Upwork's stock price today? One share of UPWK stock can currently be purchased for approximately $11.04. How much money does Upwork make? Upwork (NASDAQ:UPWK) has a market capitalization of $1.46 billion and generates $618.32 million in revenue each year. The company earns $-89,890,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis. How many employees does Upwork have? The company employs 650 workers across the globe. Does Upwork have any subsidiaries? The following companies are subsidiares of Upwork: Elance Inc, Elance Limited Inc, UPW Holdco Inc., Upwork Escrow Inc, Upwork Global Inc, Upwork Payments Inc., and Upwork Talent Group Inc.Read More How can I contact Upwork? Upwork's mailing address is 2625 Augustine Drive Suite 601, Santa Clara CA, 95054. The official website for the company is www.upwork.com. The company can be reached via phone at (650) 316-7500 or via email at investor@upwork.com. This page (NASDAQ:UPWK) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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