Upwork Inc. operates an online platform that connects businesses and freelancers. Its platform comprise freelancers in content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development categories. 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 Mountain View, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:UPWK
Previous Symbol
CUSIPN/A
Phone650-316-7500
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees395
Outstanding Shares106,300,000
Market Cap$2.04 billion
OptionableNot Optionable
Upwork (NASDAQ:UPWK) Frequently Asked Questions
What is Upwork's stock symbol?
Upwork trades on the NASDAQ under the ticker symbol "UPWK."
How were Upwork's earnings last quarter?
Upwork Inc (NASDAQ:UPWK) posted its quarterly earnings data on Wednesday, November, 7th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The company earned $64.10 million during the quarter, compared to the consensus estimate of $62.24 million. The business's revenue was up 22.6% on a year-over-year basis. View Upwork's Earnings History.
When is Upwork's next earnings date?
What price target have analysts set for UPWK?
5 brokerages have issued 1-year target prices for Upwork's stock. Their forecasts range from $18.00 to $25.00. On average, they anticipate Upwork's stock price to reach $22.20 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Price Targets for Upwork.
What is the consensus analysts' recommendation for Upwork?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Upwork.
Has Upwork been receiving favorable news coverage?
Press coverage about UPWK stock has trended positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Upwork earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of Upwork's key competitors?
Some companies that are related to Upwork include StoneCo (STNE), RingCentral (RNG), Zendesk (ZEN), Proofpoint (PFPT), YY (YY), CarGurus (CARG), Pegasystems (PEGA), Bilibili (BILI), Corelogic (CLGX), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Five9 (FIVN), Trivago (TRVG) and Evertec (EVTC).
Who are Upwork's key executives?
Upwork's management team includes the folowing people:
- Mr. Thomas H. Layton, Exec. Chairman (Age 55)
- Mr. Stephane Kasriel, Pres, CEO & Director (Age 43)
- Mr. Brian Kinion, Chief Financial Officer (Age 51)
- Ms. Elizabeth Tse, Sr. VP of Operations (Age 50)
- Mr. Efstratios Karamanlakis, Sr. VP & CTO (Age 53)
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.
When did Upwork's quiet period expire?
Upwork's quiet period expired on Monday, November 12th. Upwork had issued 12,476,693 shares in its public offering on October 3rd. The total size of the offering was $187,150,395 based on an initial share price of $15.00. During Upwork's quiet period, insiders and underwriters involved in the IPO were restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.
How do I buy shares of Upwork?
Shares of UPWK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Upwork's stock price today?
One share of UPWK stock can currently be purchased for approximately $19.20.
How big of a company is Upwork?
Upwork has a market capitalization of $2.04 billion. Upwork employs 395 workers across the globe.
What is Upwork's official website?
How can I contact Upwork?
Upwork's mailing address is 441 LOGUE AVENUE, MOUNTAIN VIEW CA, 94043. The company can be reached via phone at 650-316-7500.
MarketBeat Community Rating for Upwork (NASDAQ UPWK)
MarketBeat's community ratings are surveys of what our community members think about Upwork and other stocks. Vote "Outperform" if you believe UPWK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UPWK will underperform the S&P 500 over the long term. You may vote once every thirty days.
