Upwork Inc. operates an online marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers). The company's platform provides access to talent with approximately 5,000 skills across approximately 70 categories, including content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and Web development. Its platform also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. In addition, the company's platform offers access to various functionalities for remote engagements with freelancers comprising communication and collaboration, time tracking, invoicing, and payment. Further, its marketplace offerings include Upwork Standard, Upwork Enterprise, and Upwork Payroll, as well as managed and Internet escrow agency services. The company has opeations in the United States, India, the Philippines, and internationally. 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
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
CIKN/A
Phone650-316-7500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$253.35 million
Profitability
Miscellaneous
Employees430
Next Earnings Date2/26/2020 (Confirmed)
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 results on Wednesday, November, 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.02. The company had revenue of $78.80 million for the quarter, compared to the consensus estimate of $77.75 million. Upwork had a negative net margin of 5.17% and a negative return on equity of 5.93%. The company's revenue for the quarter was up 22.9% on a year-over-year basis. During the same period last year, the firm posted ($0.04) EPS. View Upwork's Earnings History.
When is Upwork's next earnings date?
How can I listen to Upwork's earnings call?
Upwork will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for UPWK?
7 brokers have issued 12 month target prices for Upwork's stock. Their forecasts range from $12.00 to $24.00. On average, they anticipate Upwork's share price to reach $19.40 in the next twelve months. This suggests a possible upside of 93.0% from the stock's current price. View Analyst Price Targets for Upwork.
What is the consensus analysts' recommendation for Upwork?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Upwork.
Has Upwork been receiving favorable news coverage?
News stories about UPWK stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Upwork earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Upwork.
Are investors shorting Upwork?
Upwork saw a increase in short interest in December. As of December 31st, there was short interest totalling 6,020,000 shares, an increase of 26.2% from the December 15th total of 4,770,000 shares. Based on an average daily volume of 1,280,000 shares, the short-interest ratio is currently 4.7 days. Approximately 9.0% of the shares of the stock are short sold. View Upwork's Current Options Chain.
Who are some of Upwork's key competitors?
Some companies that are related to Upwork include Five9 (FIVN), Globant (GLOB), CarGurus (CARG), Corelogic (CLGX), Inovalon (INOV), LiveRamp (RAMP), Evertec (EVTC), Change Healthcare (CHNG), 8X8 (EGHT), Yext (YEXT), CSG Systems International (CSGS), Shutterstock (SSTK), SciPlay (SCPL), So-Young International (SY) and Computer Services (CSVI).
What other stocks do shareholders of Upwork own?
Who are Upwork's key executives?
Upwork's management team includes the folowing people:
- Mr. Stephane Kasriel, Pres, CEO & Director (Age 44)
- Mr. Brian Kinion, Chief Financial Officer (Age 52)
- Ms. Hayden Brown, Chief Marketing & Product Officer (Age 37)
- Ms. Elizabeth Tse, Sr. VP of Operations (Age 51)
- Mr. Stratis Karamanlakis, Chief Technology Officer
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 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Upwork's stock price today?
One share of UPWK stock can currently be purchased for approximately $10.05.
How big of a company is Upwork?
Upwork has a market capitalization of $1.13 billion and generates $253.35 million in revenue each year. The company earns $-19,910,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Upwork employs 430 workers across the globe.View Additional Information About Upwork.
What is Upwork's official website?
How can I contact Upwork?
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]
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.
