S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Laser breakthrough could send stock soaring 2,467% (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Laser breakthrough could send stock soaring 2,467% (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Laser breakthrough could send stock soaring 2,467% (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Laser breakthrough could send stock soaring 2,467% (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Laser breakthrough could send stock soaring 2,467% (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
NASDAQ:UPWK

Upwork (UPWK) Stock Forecast, Price & News

$11.36
-0.14 (-1.22%)
(As of 09/29/2023 ET)
Compare
Today's Range
$11.23
$11.78
50-Day Range
$9.90
$15.55
52-Week Range
$6.56
$15.88
Volume
2.81 million shs
Average Volume
1.78 million shs
Market Capitalization
$1.53 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.00

Upwork MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
40.8% Upside
$16.00 Price Target
Short Interest
Healthy
5.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.43mentions of Upwork in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$934,971 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.08) to $0.24 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Computer And Technology Sector

197th out of 607 stocks

Data Processing & Preparation Industry

19th out of 60 stocks


UPWK stock logo

About Upwork (NASDAQ:UPWK) Stock

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

UPWK Price History

UPWK Stock News Headlines

Upwork: Resilient Performance And Positive Secular Trend
3 Internet Stocks Outperforming Shopify (SHOP)
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Eric Gilpin Joins G2 as Chief Revenue Officer
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
BTIG Downgrades Upwork
BTIG Downgrades Upwork (UPWK)
Could This Gig Economy Stock Be a Secret AI Company?
Citi Reaffirms Their Hold Rating on Upwork (UPWK)
Upwork (UPWK) Gets a Hold from RBC Capital
Why Upwork Stock Rocketed 40% Today
See More Headlines
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UPWK Company Calendar

Last Earnings
8/02/2023
Today
10/01/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:UPWK
Fax
N/A
Employees
850
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$16.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+40.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$-89,890,000.00
Pretax Margin
-3.85%

Debt

Sales & Book Value

Annual Sales
$649.55 million
Book Value
$1.89 per share

Miscellaneous

Free Float
122,744,000
Market Cap
$1.53 billion
Optionable
Not Optionable
Beta
1.47

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Key Executives

  • Ms. Hayden BrownMs. Hayden Brown (Age 41)
    Pres, CEO & Director
    Comp: $1.02M
  • Ms. Erica Gessert (Age 48)
    Chief Financial Officer
  • Ms. Elizabeth Tse (Age 55)
    Sr. VP of Operations
  • Mr. Olivier Marie (Age 53)
    Chief Accounting Officer, Treasurer, Principal Accounting Officer & Controller
  • Denise Garcia
    Investor Relations Officer
  • Mr. Brian Levey (Age 55)
    Chief Bus. Affairs & Legal Officer and Sec.
  • Ms. Amanda Vinson (Age 42)
    Sr. VP of Corp. Strategy & Devel.
  • Ms. Melissa Waters (Age 46)
    Chief Marketing Officer
  • Ms. Sunita Solao (Age 47)
    Chief People Officer
  • Ms. Erin L. Thomas Ph.D.
    Head of Diversity, Inclusion & Belonging













UPWK Stock - Frequently Asked Questions

Should I buy or sell Upwork stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UPWK shares.
View UPWK analyst ratings
or view top-rated stocks.

What is Upwork's stock price forecast for 2023?

7 Wall Street analysts have issued 1 year price targets for Upwork's stock. Their UPWK share price forecasts range from $9.00 to $25.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 40.8% 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 start of the year. Since then, UPWK shares have increased by 8.8% and is now trading at $11.36.
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, October 25th 2023.
View our UPWK earnings forecast
.

How were Upwork's earnings last quarter?

Upwork Inc. (NASDAQ:UPWK) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.07. The business had revenue of $168.61 million for the quarter, compared to the consensus estimate of $162.71 million. Upwork had a negative trailing twelve-month return on equity of 10.36% and a negative net margin of 4.33%.

What ETFs hold Upwork's stock?
What guidance has Upwork issued on next quarter's earnings?

Upwork updated its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $0.09-$0.11 for the period, compared to the consensus estimate of $0.09. The company issued revenue guidance of $165.00 million-$170.00 million, compared to the consensus revenue estimate of $165.75 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 initial public offering (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 acted 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."

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 $11.36.

How much money does Upwork make?

Upwork (NASDAQ:UPWK) has a market capitalization of $1.53 billion and generates $649.55 million in revenue each year. The company earns $-89,890,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis.

How many employees does Upwork have?

The company employs 850 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 10/1/2023 by MarketBeat.com Staff

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