Upland Software (UPLD) AI Stock Analysis

• Market Cap: $54.95M
• Dividend Yield: N/A
• Average Volume (3M): 145.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: -15.54%
• EPS Growth: 61.46%
• Country: US
• Employees: 998
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.30
• Shares Outstanding: 28,772,095
• 10 Day Avg. Volume: 148,481
• 30 Day Avg. Volume: 145,125
• PEG Ratio: 0.04
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.44
• P/FCF Ratio: 5.16
• Enterprise Value/Market Cap: 7.26
• Enterprise Value/Revenue: 1.69
• Enterprise Value/Gross Profit: 2.31
• Enterprise Value/Ebitda: -48.13
• 1Y Price Target: $4.00
• Price Target Upside: 132.56% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $2.00 ▲(16.28% Upside)

Upland Software's overall stock score reflects significant financial challenges, including negative profitability and high leverage. Technical indicators suggest bearish momentum, and valuation metrics are concerning with a negative P/E ratio. However, positive developments from the earnings call, such as customer growth and debt refinancing, provide some optimism.

Positive Factors

EBITDA Margin Improvement

The improvement in EBITDA margin indicates enhanced operational efficiency and cost management, which can lead to better profitability and financial health over time.

Debt Refinancing

Refinancing debt and extending maturities reduces near-term financial pressure and improves liquidity, supporting long-term financial stability.

AI Product Expansion

Recognition of AI products enhances competitive positioning and can drive future revenue growth through innovation and customer acquisition.

Negative Factors

Revenue Decline

A significant revenue decline, even if due to divestitures, can impact market perception and financial performance, challenging growth prospects.

High Leverage

High leverage can strain financial resources and limit flexibility, posing risks to long-term financial stability and growth opportunities.

Negative Profit Margins

Sustained negative profit margins reflect operational inefficiencies and can hinder the company's ability to reinvest in growth and innovation.

Upland Software Business Overview & Revenue Model

Company Description

Upland Software, Inc. provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally. It offers a family of software applications under the Upland brand in the areas of marketing, sales, contact center, project management, information technology, business operations, and human resources and legal. The company also provides professional services, such as implementation, data extraction, integration and configuration, and training services, as well as customer support services. It serves large global corporations, various government agencies, and small and medium-sized businesses, as well as financial, consulting, technology, manufacturing, media, telecommunication, political, healthcare, life sciences, retail and hospitality, and non-profit industries through direct and indirect sales organizations. The company was formerly known as Silverback Enterprise Group, Inc. and changed its name to Upland Software, Inc. in November 2013. Upland Software, Inc. was incorporated in 2010 and is headquartered in Austin, Texas.

How the Company Makes Money

Upland Software generates revenue primarily through a subscription-based model, offering its software solutions on a recurring basis to businesses. This model allows the company to secure consistent, predictable revenue streams from its customer base. Key revenue streams include subscription fees for its cloud-based applications, which are typically charged on a monthly or annual basis. Additionally, Upland earns revenue from professional services, such as implementation and consulting, which help clients effectively deploy and utilize their software solutions. The company also benefits from upselling and cross-selling opportunities within its existing customer base, expanding the use of its products. Strategic partnerships with other technology providers and integrations with various platforms further enhance Upland's offerings, contributing to its overall earnings growth.

Upland Software Financial Statement Overview

Summary

Upland Software faces significant challenges with profitability and leverage. Despite a strong gross profit margin, the company struggles with declining revenue and negative profit margins. High debt levels and negative returns on equity highlight financial risks. However, positive cash flow growth and efficient cash management provide some stability.

Income Statement

Upland Software's income statement reveals challenges in profitability and growth. The TTM data shows a negative net profit margin of -18.07%, indicating ongoing losses. Revenue has declined by 6.42% in the TTM period, reflecting a downward trend. Despite a strong gross profit margin of 71.78%, the company struggles with negative EBIT and EBITDA margins, highlighting operational inefficiencies.

Balance Sheet

The balance sheet indicates high leverage with a debt-to-equity ratio of 3.09, suggesting significant reliance on debt financing. The return on equity is negative at -45.70%, reflecting poor returns for shareholders. The equity ratio is low, indicating limited equity financing relative to total assets, which could pose risks in financial stability.

Cash Flow

Cash flow analysis shows some positive aspects, with a free cash flow growth rate of 10.43% in the TTM period. The operating cash flow to net income ratio is 0.28, indicating some cash generation capability despite net losses. The free cash flow to net income ratio is high at 0.94, suggesting efficient cash flow management relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	235.59M	274.79M	297.85M	317.30M	302.02M	291.78M
Gross Profit	172.57M	193.70M	201.49M	213.56M	202.56M	193.33M
EBITDA	-8.29M	-46.17M	-96.99M	15.14M	18.00M	22.04M
Net Income	-44.90M	-112.73M	-179.87M	-68.41M	-58.21M	-51.22M
Balance Sheet
Total Assets	409.11M	529.52M	870.02M	1.11B	1.03B	1.01B
Cash, Cash Equivalents and Short-Term Investments	22.75M	56.43M	236.56M	248.65M	189.16M	250.03M
Total Debt	236.78M	291.96M	480.62M	523.13M	528.65M	533.30M
Total Liabilities	328.76M	424.60M	626.09M	692.30M	712.72M	704.61M
Stockholders Equity	80.34M	104.92M	243.93M	421.16M	316.29M	306.62M
Cash Flow
Free Cash Flow	26.24M	23.36M	48.72M	29.11M	40.62M	34.30M
Operating Cash Flow	27.82M	24.24M	49.94M	29.98M	41.74M	35.62M
Investing Cash Flow	7.64M	-882.00K	-1.22M	-63.22M	-93.53M	-68.97M
Financing Cash Flow	-71.06M	-202.31M	-61.38M	94.15M	-8.18M	107.90M

Upland Software Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UPLD, the sentiment is Negative. The current price of 1.72 is below the 20-day moving average (MA) of 2.15, below the 50-day MA of 2.35, and below the 200-day MA of 2.57, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 24.98 is Positive, neither overbought nor oversold. The STOCH value of 14.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UPLD.

Upland Software Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RDZN	51 Neutral	$116.31M	-3.72	―	―	-7.62%	86.51%
UPLD	47 Neutral	$54.95M	-1.08	―	―	-15.54%	61.46%
YXT	45 Neutral	$61.58M	20.02	―	―	―	―
NXTT	44 Neutral	$48.12M	0.03	93.25%	―	259.01%	-61.05%
LPSN	38 Underperform	$58.13M	-0.19	―	―	-24.89%	-72.84%
PHUN	37 Underperform	$47.64M	―	-21.38%	―	―	―

Upland Software Corporate Events

Upland Software Reports Q3 2025 Financial Results

Upland Software, Inc. is a prominent player in the AI-powered knowledge and content management software sector, offering solutions that enhance enterprise operations through automation and improved customer experiences. In its third-quarter 2025 financial report, Upland Software disclosed a total revenue of $50.5 million, marking a 24% decline from the previous year, largely attributed to strategic divestitures. Despite the revenue drop, the company reported an improved adjusted EBITDA of $16.0 million, reflecting a significant margin expansion to 32% of total revenue.