NASDAQ:UPWK Upwork (UPWK) Stock Price, News & Analysis $11.35 -0.07 (-0.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$11.30▼$11.8050-Day Range$10.12▼$11.9752-Week Range$9.56▼$16.36Volume1.38 million shsAverage Volume1.96 million shsMarket Capitalization$1.51 billionP/E Ratio32.43Dividend YieldN/APrice Target$17.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Upwork alerts: Email Address Upwork MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside51.5% Upside$17.20 Price TargetShort InterestBearish11.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 11 Articles This WeekInsider TradingSelling Shares$2.27 M Sold Last QuarterProj. Earnings Growth34.62%From $0.52 to $0.70 Per ShareSee Full Details Hide Full Details 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.4.14 out of 5 starsComputer And Technology Sector167th out of 612 stocksData Processing & Preparation Industry11th out of 58 stocks 4.4 Analyst's Opinion Consensus RatingUpwork has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageUpwork has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Upwork's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.90% of the float of Upwork has been sold short.Short Interest Ratio / Days to CoverUpwork has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Upwork has recently increased by 11.21%, indicating that investor sentiment is decreasing 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 2.6 News and Social Media Coverage News SentimentUpwork has a news sentiment score of 0.63. 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 11 news articles for Upwork this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for UPWK on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows14 people have added Upwork to their MarketBeat watchlist in the last 30 days. This is an increase of 1,300% 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 $2,269,475.00 in company stock.Percentage Held by InsidersOnly 7.60% of the stock of Upwork is held by insiders.Percentage Held by Institutions77.71% of the stock of Upwork is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Upwork's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Upwork are expected to grow by 34.62% in the coming year, from $0.52 to $0.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Upwork is 32.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Upwork is 32.43, 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 264.21.Price to Book Value per Share RatioUpwork has a P/B Ratio of 4.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Upwork's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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.Read More UPWK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UPWK Stock News HeadlinesJune 30, 2024 | marketbeat.comUpwork Stock's Outlook: Numbers Solid Despite Gen-AI ChallengesUpwork NASDAQ: UPWK is a technology firm that operates as an online marketplace, connecting freelance workers and independent contractors with employers. In 2024, the stock price is down 29% due to fears that AI will eliminate many freelance jobs.June 30, 2024 | marketbeat.comUpwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges (UPWK)Upwork faces Gen-AI headwinds, causing the share price to trade down significantly recently. The firm is now profitable and should overcome these obstacles.July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 1:50 PM | investorplace.com3 Sleeper Stocks That Are Gearing Up for RalliesJuly 24 at 3:52 AM | markets.businessinsider.comUpwork Study Finds Employee Workloads Rising Despite Increased C-Suite Investment in Artificial IntelligenceJuly 23 at 9:30 AM | investorplace.com7 Stocks That Are Capitalizing on the Digital WorldJuly 23 at 2:40 AM | americanbankingnews.comUpwork (NASDAQ:UPWK) vs. MSP Recovery (NASDAQ:LIFW) Head to Head ComparisonJuly 22, 2024 | seekingalpha.comUpwork: Stock Can Potentially Soar, As AI Fears DissipateJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 22, 2024 | theglobeandmail.comUnusual Options Activity Sets the Stage for Upwork (UPWK) to Potentially RiseJuly 17, 2024 | investorplace.comThe Great Resignation: 3 Stocks to Profit From the Changing WorkforceJuly 17, 2024 | investorplace.com3 Stocks Under $50 Primed for Big RalliesJuly 16, 2024 | globenewswire.comUpwork to Report Second Quarter Financial Results on August 7, 2024July 12, 2024 | investorplace.com7 Stocks to Buy Before the S&P 500 Hits 7,000July 11, 2024 | seekingalpha.comUpwork: Just Like For Fiverr, Study The Nitty-Gritty FinancialsJuly 5, 2024 | investorplace.comTriple-Digit Growth Potential: 3 Stocks Under $100 Set to DominateJune 28, 2024 | investorplace.comGet Ready for a Bullish Run: 3 Stocks Set to Rip in Coming MonthsJune 26, 2024 | investorplace.comThe 3 Smartest Russell 2000 Stocks to Buy with $500 Right NowSee More Headlines 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 Company Calendar Last Earnings5/01/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:UPWK CUSIPN/A CIK1627475 Webwww.upwork.com Phone(650) 316-7500FaxN/AEmployees800Year Founded2015Price Target and Rating Average Stock Price Target$17.20 High Stock Price Target$22.00 Low Stock Price Target$12.00 Potential Upside/Downside+51.5%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio32.43 Forward P/E Ratio21.83 P/E GrowthN/ANet Income$46.89 million Net Margins6.70% Pretax Margin7.05% Return on Equity13.96% Return on Assets4.90% Debt Debt-to-Equity Ratio1.02 Current Ratio2.93 Quick Ratio2.93 Sales & Book Value Annual Sales$689.14 million Price / Sales2.19 Cash Flow$0.34 per share Price / Cash Flow32.91 Book Value$2.80 per share Price / Book4.05Miscellaneous Outstanding Shares133,120,000Free Float123,001,000Market Cap$1.51 billion OptionableOptionable Beta1.57 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. 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Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMs. Hayden Brown (Age 42)President, CEO & Director Comp: $913.48kMs. Erica Gessert (Age 49)Chief Financial Officer Comp: $738.93kMr. Olivier Marie (Age 54)Chief Accounting Officer, Treasurer, Principal Accounting Officer & Controller Mr. David NiedermanVice President of Investor RelationsMr. Brian Levey (Age 56)Chief Business Affairs & Legal Officer and Corporate Secretary Ms. Melissa Waters (Age 47)Chief Marketing Officer Ms. Sunita Solao (Age 48)Chief People Officer Mr. Andrew RabinovichVP, Head of AI & Machine LearningPaul BlackVP of Engineering & Chief Information Security OfficerMore ExecutivesKey CompetitorsManpowerGroupNYSE:MANChindata GroupNASDAQ:CDInovalonNASDAQ:INOVPerspectaNYSE:PRSPBilibiliNASDAQ:BILIView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 53,485 shares on 7/26/2024Ownership: 0.040%Bristlecone Advisors LLCBought 10,945 shares on 7/26/2024Ownership: 0.017%Allspring Global Investments Holdings LLCBought 4,987 shares on 7/26/2024Ownership: 0.004%Baillie Gifford & Co.Sold 831,598 shares on 7/25/2024Ownership: 2.717%Assenagon Asset Management S.A.Bought 196,333 shares on 7/18/2024Ownership: 0.147%View All Insider TransactionsView All Institutional Transactions UPWK Stock Analysis - Frequently Asked Questions How have UPWK shares performed this year? Upwork's stock was trading at $14.87 at the beginning of the year. Since then, UPWK stock has decreased by 23.7% and is now trading at $11.35. View the best growth stocks for 2024 here. How were Upwork's earnings last quarter? Upwork Inc. (NASDAQ:UPWK) announced its quarterly earnings data on Wednesday, May, 1st. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The business had revenue of $190.94 million for the quarter, compared to analysts' expectations of $186.71 million. Upwork had a net margin of 6.70% and a trailing twelve-month return on equity of 13.96%. 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. 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 $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 top institutional shareholders include Baillie Gifford & Co. (2.72%), Assenagon Asset Management S.A. (0.15%), Harbor Capital Advisors Inc. (0.04%) and Legato Capital Management LLC (0.04%). Insiders that own company stock include Hayden Brown, Kevin Harvey, Jeff Mccombs, Erica Gessert, Gary Steele, Eric Gilpin, Leela Srinivasan, Elizabeth A Nelson, Olivier Marie, Dave Bottoms 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. 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), Shopify (SHOP), Advanced Micro Devices (AMD), Twilio (TWLO), Alibaba Group (BABA), Block (SQ) and Zoom Video Communications (ZM). This page (NASDAQ:UPWK) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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