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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:UPWK

Upwork Stock Forecast, Price & News

$38.80
-1.41 (-3.51 %)
(As of 01/15/2021 12:00 AM ET)
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Compare
Today's Range
$38.05
Now: $38.80
$40.43
50-Day Range
$31.86
MA: $36.26
$42.60
52-Week Range
$5.14
Now: $38.80
$44.05
Volume1.27 million shs
Average Volume2.04 million shs
Market Capitalization$4.74 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.56
Upwork Inc. operates an online talent marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers) in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with approximately 8,000 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. The company's platform offers access to various functionalities for remote engagements with freelancers comprising communication and collaboration, time tracking, invoicing, and payment. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency 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 Santa Clara, California.
Upwork logo

MarketRank

Overall MarketRank

1.23 out of 5 stars

Computer And Technology Sector

459th out of 1,211 stocks

Data Processing & Preparation Industry

33rd out of 74 stocks

Analyst Opinion: 2.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
Current SymbolNASDAQ:UPWK
CUSIPN/A
CIKN/A
Phone650-316-7500
Employees570

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$300.56 million
Book Value$2.32 per share

Profitability

Net Income$-16,660,000.00

Miscellaneous

Market Cap$4.74 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableNot Optionable
$38.80
-1.41 (-3.51 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Upwork (NASDAQ:UPWK) Frequently Asked Questions

How has Upwork's stock been impacted by Coronavirus?

Upwork's stock was trading at $8.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, UPWK shares have increased by 361.9% and is now trading at $38.80.
View which stocks have been most impacted by COVID-19
.

Is Upwork a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Upwork stock.
View analyst ratings for Upwork
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Upwork?

Wall Street analysts have given Upwork a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Upwork wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Upwork's next earnings date?

Upwork is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Upwork
.

How were Upwork's earnings last quarter?

Upwork Inc. (NASDAQ:UPWK) issued its quarterly earnings data on Wednesday, November, 4th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.06. The firm earned $88 million during the quarter, compared to analysts' expectations of $90.44 million. Upwork had a negative return on equity of 11.18% and a negative net margin of 8.91%. Upwork's quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 earnings per share.
View Upwork's earnings history
.

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

Upwork updated its fourth quarter 2020 After-Hours earnings guidance on Wednesday, November, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $96-98 million, compared to the consensus revenue estimate of $92.66 million.

What price target have analysts set for UPWK?

10 brokers have issued twelve-month price objectives for Upwork's shares. Their forecasts range from $10.00 to $48.00. On average, they expect Upwork's stock price to reach $31.50 in the next twelve months. This suggests that the stock has a possible downside of 18.8%.
View analysts' price targets for Upwork
or view Wall Street analyst' top-rated stocks.

Who are some of Upwork's key competitors?

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

Who are Upwork's key executives?

Upwork's management team includes the following people:
  • Ms. Hayden Brown, Pres, CEO & Director (Age 39, Pay $510.83k)
  • Mr. Jeff McCombs, Chief Financial Officer
  • Ms. Elizabeth Tse, Sr. VP of Operations (Age 53)
  • Mr. Stratis Karamanlakis, Chief Technology Officer
  • Denise Garcia, Investor Relations Officer
  • Mr. Brian Levey, Chief Bus. Affairs & Legal Officer and Sec. (Age 53)
  • Mr. Eric Gilpin, Sr. VP of Sales (Age 42)
  • Mr. Lars Asbjornsen, Sr. VP of Marketing (Age 56)
  • Ms. Amanda Vinson, Sr. VP of Corp. Strategy & Devel. (Age 40)
  • Ms. Zoë Harte, Sr. VP of HR & Talent Innovation (Age 46)

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 $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.

What is Upwork's stock symbol?

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

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 WeBull, 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 $38.80.

How big of a company is Upwork?

Upwork has a market capitalization of $4.74 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.

What is Upwork's official website?

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

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]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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