UBS analyst Joshua Chan raised the firm’s price target on Upwork (UPWK) to $24 from $23 and keeps a Buy rating on the shares. Upwork provided a strong 3-year outlook at its investor day event, the analyst tells investors in a research note.
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Read More on UPWK:
- Cautious Optimism: Upwork’s AI Strategy and Growth Prospects Amidst Uncertainty
- Upwork price target raised to $24 from $22 at Canaccord
- Upwork’s AI-Driven Growth and Strategic Expansion Justify Buy Rating
- Upwork sees 2026 revenue growth 6%-8%, adjusted EBITDA margin 29%
- Upwork sees 13%-15% three-year revenue CAGR
