S&P 500   4,967.23
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Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
NASDAQ:UPWK

Upwork (UPWK) Stock Price, News & Analysis

$11.13
-0.10 (-0.89%)
(As of 04/19/2024 ET)
Today's Range
$11.09
$11.44
50-Day Range
$11.12
$15.24
52-Week Range
$6.56
$16.36
Volume
1.38 million shs
Average Volume
1.75 million shs
Market Capitalization
$1.53 billion
P/E Ratio
159.02
Dividend Yield
N/A
Price Target
$16.55

Upwork MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
48.7% Upside
$16.55 Price Target
Short Interest
Bearish
8.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Upwork in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$849,396 Sold Last Quarter
Proj. Earnings Growth
230.95%
From $0.42 to $1.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.83 out of 5 stars

Computer And Technology Sector

194th out of 581 stocks

Data Processing & Preparation Industry

13th out of 59 stocks

UPWK stock logo

About Upwork Stock (NASDAQ:UPWK)

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 administrative support, sales and marketing, design and creative, and customer service, as well as 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 Payroll and Upwork Enterprise, as well as managed and escrow 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 Stock Price History

UPWK Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
1 Growth Stock Down 42% to Buy Right Now
Upwork Unveils Most In-Demand Work Skills in 2024
UPWK Apr 2024 30.000 call
Upwork: Green Shoots Are Emerging
3 Stocks to Buy in the Event of a Small-Cap Comeback
Upwork: Why I Will Remain On The Fence For Now
3 Work-From-Home Stocks Still Going Strong
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/20/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:UPWK
Fax
N/A
Employees
800
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$16.55
High Stock Price Target
$22.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+48.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$46.89 million
Pretax Margin
7.09%

Debt

Sales & Book Value

Annual Sales
$689.14 million
Cash Flow
$0.34 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
125,028,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.67

Social Links

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Key Executives

  • Ms. Hayden BrownMs. Hayden Brown (Age 42)
    President, CEO & Director
    Comp: $1.02M
  • Ms. Erica Gessert (Age 49)
    Chief Financial Officer
  • Ms. Elizabeth Tse (Age 55)
    Senior Vice President of Operations
  • Mr. Olivier Marie (Age 54)
    Chief Accounting Officer, Treasurer, Principal Accounting Officer & Controller
  • Denise Garcia
    Investor Relations Officer
  • Mr. Brian Levey (Age 56)
    Chief Business Affairs & Legal Officer and Secretary
  • Ms. Amanda Vinson (Age 43)
    Senior Vice President of Corporate Strategy & Development
  • Ms. Melissa Waters (Age 46)
    Chief Marketing Officer
  • Ms. Sunita Solao (Age 48)
    Chief People Officer
  • Ms. Erin L. Thomas Ph.D.
    Head of Diversity, Inclusion & Belonging

UPWK Stock Analysis - Frequently Asked Questions

Should I buy or sell Upwork stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

11 equities research analysts have issued 12-month target prices for Upwork's stock. Their UPWK share price targets range from $9.00 to $22.00. On average, they predict the company's share price to reach $16.55 in the next twelve months. This suggests a possible upside of 48.7% 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 2024?

Upwork's stock was trading at $14.87 at the beginning of the year. Since then, UPWK stock has decreased by 25.2% and is now trading at $11.13.
View the best growth stocks for 2024 here
.

When is Upwork's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our UPWK earnings forecast
.

How can I listen to Upwork's earnings call?

Upwork will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Upwork's earnings last quarter?

Upwork Inc. (NASDAQ:UPWK) posted its quarterly earnings data on Wednesday, February, 14th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The business earned $183.93 million during the quarter, compared to the consensus estimate of $178.43 million. Upwork had a net margin of 6.80% and a trailing twelve-month return on equity of 14.21%.

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

Upwork issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 0.170-0.190 for the period, compared to the consensus earnings per share estimate of 0.140. The company issued revenue guidance of $183.0 million-$188.0 million, compared to the consensus revenue estimate of $181.6 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?

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.

Who are Upwork's major shareholders?

Upwork's stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.10%), IMC Chicago LLC (0.00%), New Century Financial Group LLC (0.06%), Strategic Planning Group LLC (0.03%), Diversified Trust Co (0.01%) and Counterpoint Mutual Funds LLC (0.01%). Insiders that own company stock include Elizabeth A Nelson, Eric Gilpin, Gary Steele, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:UPWK) was last updated on 4/20/2024 by MarketBeat.com Staff

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