Upwork Announces New Board Members at Annual Meeting

Upwork ( (UPWK) ) just unveiled an announcement.

On June 5, 2025, Upwork Inc. held its annual stockholder meeting where significant changes to its board of directors were made. Elizabeth Nelson did not stand for re-election, and Gregory C. Gretsch retired, leading to the appointment of Dana L. Evan and Glenn Kelman as new directors. The meeting also saw the approval of three proposals, including the election of directors, ratification of PricewaterhouseCoopers LLP as the accounting firm, and an advisory vote on executive compensation, indicating strong shareholder support for the company’s governance and strategic direction.

The most recent analyst rating on (UPWK) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Upwork stock, see the UPWK Stock Forecast page.

Spark’s Take on UPWK Stock

According to Spark, TipRanks’ AI Analyst, UPWK is a Outperform.

Upwork’s strong financial performance, characterized by impressive revenue growth, profitability, and reduced leverage, is the primary driver of its score. Technical indicators suggest bullish momentum, although caution is advised short-term due to overbought signals. The attractive valuation further supports the stock’s potential, while the positive earnings call underscores robust operational strategies and growth prospects.

To see Spark’s full report on UPWK stock, click here.

More about Upwork

Upwork Inc. operates in the freelancing and remote work industry, providing a platform that connects businesses with independent professionals and freelancers. The company focuses on offering a wide range of services including project management, talent sourcing, and collaboration tools to facilitate remote work.

Average Trading Volume: 2,073,932

Technical Sentiment Signal: Buy

Current Market Cap: $1.99B

For detailed information about UPWK stock, go to TipRanks’ Stock Analysis page.