Upwork Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Upwork stock.
View analyst ratings for Upwork or view top-rated stocks.

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Upwork saw a increase in short interest in January. As of January 15th, there was short interest totaling 6,780,000 shares, an increase of 13.9% from the December 31st total of 5,950,000 shares. Based on an average daily trading volume, of 2,520,000 shares, the short-interest ratio is presently 2.7 days. Currently, 7.1% of the shares of the stock are short sold.
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Upwork is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Upwork.

Upwork Inc. (NASDAQ:UPWK) posted its quarterly earnings data on Tuesday, February, 23rd. The company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.08. The firm had revenue of $106.15 million for the quarter, compared to analysts' expectations of $97.34 million. Upwork had a negative trailing twelve-month return on equity of 10.95% and a negative net margin of 8.42%. The firm's revenue for the quarter was up 32.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 EPS.
View Upwork's earnings history.

Upwork's stock was trading at $8.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, UPWK shares have increased by 426.8% and is now trading at $44.25.
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Upwork updated its first quarter 2021 After-Hours earnings guidance on Tuesday, February, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $107-109 million, compared to the consensus revenue estimate of $102.02 million.

7 brokers have issued 12 month price objectives for Upwork's shares. Their forecasts range from $39.00 to $77.00. On average, they anticipate Upwork's share price to reach $62.00 in the next twelve months. This suggests a possible upside of 40.1% from the stock's current price.
View analysts' price targets for Upwork or view top-rated stocks among Wall Street analysts.

32 employees have rated Upwork CEO Hayden Brown on Glassdoor.com. Hayden Brown has an approval rating of 85% among Upwork's employees.

Some companies that are related to Upwork include StoneCo (STNE), PagSeguro Digital (PAGS), GoodRx (GDRX), Zendesk (ZEN), Autohome (ATHM), Zynga (ZNGA), Five9 (FIVN), Pegasystems (PEGA), JOYY (YY), Globant (GLOB), DXC Technology (DXC), Proofpoint (PFPT), Change Healthcare (CHNG), CoreLogic (CLGX) and Perspecta (PRSP).
View all of UPWK's competitors.

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), Square (SQ), Zoom Video Communications (ZM), The Trade Desk (TTD), DocuSign (DOCU) and Teladoc Health (TDOC).

(UPWK) raised $135 million in an IPO 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.

Upwork trades on the NASDAQ under the ticker symbol "UPWK."

Upwork's stock is owned by a number of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (5.51%), BlackRock Inc. (5.37%), Baillie Gifford & Co. (3.66%), Hawk Ridge Capital Management LP (1.71%), ATOMVEST Ltd (1.44%) and Federated Hermes Inc. (1.24%). Company insiders that own Upwork stock include Brian K Kinion, Bruce Dunlevie, Dan Marriott, Elizabeth A Nelson, Eric Gilpin, Globespan Management Associate, Gregory C Gretsch, Han-Shen Yuan, Hayden Brown, Leela Srinivasan, Stephane Kasriel, Steven M Spurlock and Thomas Layton.
View institutional ownership trends for Upwork.

UPWK stock was sold by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Kerrisdale Advisers LLC, Hudson Bay Capital Management LP, Landscape Capital Management L.L.C., Pier Capital LLC, Frontier Capital Management Co. LLC, First Sabrepoint Capital Management LP, and New York State Common Retirement Fund. Company insiders that have sold Upwork company stock in the last year include Elizabeth A Nelson, Eric Gilpin, Hayden Brown, and Leela Srinivasan.
View insider buying and selling activity for Upwork or view top insider-selling stocks.

UPWK stock was bought by a variety of institutional investors in the last quarter, including ATOMVEST Ltd, Price T Rowe Associates Inc. MD, SRS Investment Management LLC, Norges Bank, Credit Suisse AG, Baillie Gifford & Co., Lord Abbett & CO. LLC, and Guardian Point Capital LP. Company insiders that have bought Upwork stock in the last two years include Gregory C Gretsch, and Thomas Layton.
View insider buying and selling activity for Upwork or or view top insider-buying stocks.

Shares of UPWK 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.
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One share of UPWK stock can currently be purchased for approximately $44.25.

Upwork has a market capitalization of $5.53 billion and generates $300.56 million in revenue each year. The company earns $-16,660,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis.

Upwork employs 570 workers across the globe.

The official website for Upwork is www.upwork.com.

Upwork is headquartered at 2625 Augustine Drive Suite 601, Santa Clara CA, 95054.

Upwork's mailing address is 2625 Augustine Drive Suite 601, Santa Clara CA, 95054. The company can be reached via phone at 650-316-7500 or via email at [email protected]