Upland Software (UPLD) AI Stock Analysis

• Market Cap: $56.40M
• Dividend Yield: N/A
• Average Volume (3M): 98.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.34
• Revenue Growth: -8.17%
• EPS Growth: 63.63%
• Country: US
• Employees: 998
• Sector: Technology
• Sector Strength: 94
• Industry: Software - Application
• EPS (TTM): 0.23
• Shares Outstanding: 28,484,280
• 10 Day Avg. Volume: 64,856
• 30 Day Avg. Volume: 98,987
• PEG Ratio: -0.02
• Price to Book (P/B): -1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.10
• Enterprise Value/Market Cap: 4.98
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 1.59
• Enterprise Value/Ebitda: -2.01
• 1Y Price Target: $5.00
• Price Target Upside: 152.53% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 49 Neutral
• Price Target: $2.00 ▲(1.01%Upside)

Upland Software's overall stock score is primarily influenced by its weak financial performance and challenging valuation metrics, which are only partially offset by neutral technical indicators. The mixed results from the latest earnings call provide some optimism due to strong EBITDA and revenue beats, but the forecasted revenue decline and flat growth remain concerns. The company’s focus on high-margin products and AI innovation could provide long-term benefits if successfully executed.

Positive Factors

Financial Performance

Upland reported better-than-expected upside to revenue and EPS as the company continues to streamline the business.

Financial Strategy

Upland expects to expand EBITDA margins by a significant margin and use cash generation to pay down debt.

Product Strategy

Top-line organic trends are moving in the right direction, driven by a more centralized digital marketing strategy and continued AI enablement of products.

Negative Factors

Future Revenue

Revenue declines are expected to extend into future years on divestitures and sunset revenue.

Market Conditions

Upland is winning fewer deals in a more scrutinized macroeconomic environment.

Revenue Impact

Upland divested another product line, Mobile Messaging, which was guided to negatively impact revenue by $25mm.

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 the sale of software-as-a-service (SaaS) subscriptions. The company's revenue model focuses on recurring subscription fees, which provide access to its suite of cloud-based applications. Upland also earns from professional services, which include implementation, training, and support to ensure customer success. Key revenue streams include direct sales to large enterprises and partnerships with other technology and service providers that integrate or resell Upland's solutions. These strategic partnerships enhance the company's market reach and provide additional channels for revenue generation.

Upland Software Financial Statement Overview

Summary

Upland Software faces significant financial challenges with declining revenues, negative profits, and a heavily leveraged balance sheet. While cash generation is a relative strength, the overall financial position is weak due to solvency risks and limited growth.

Income Statement

The income statement indicates challenges with profitability, as reflected in negative EBIT and net income figures over multiple periods. The gross profit margin is relatively stable, but declining revenues and negative growth rates highlight a concerning trend. The recent TTM data shows a slight improvement in EBITDA, but overall margins remain under pressure.

Balance Sheet

The balance sheet shows a weak financial position, with negative stockholders' equity in the latest TTM data, indicating potential solvency risks. The high debt-to-equity ratio and negative equity ratio highlight significant leverage concerns. The declining asset base and increasing liabilities further exacerbate financial stability issues.

Cash Flow

Cash flow statements reveal some positive aspects, such as consistent positive operating cash flows and free cash flow over recent periods. However, the overall cash flow growth is limited, and high financing cash outflows signal potential liquidity challenges. The operating cash flow to net income ratio is favorable, suggesting effective cash management despite profitability issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	265.90M	274.79M	297.85M	317.30M	302.02M	291.78M
Gross Profit	176.43M	193.70M	201.49M	213.56M	202.56M	193.33M
EBITDA	10.33M	-46.17M	-96.99M	15.14M	18.00M	22.04M
Net Income	-43.89M	-112.73M	-179.87M	-68.41M	-58.21M	-51.22M
Balance Sheet
Total Assets	456.97M	529.52M	870.02M	1.11B	1.03B	1.01B
Cash, Cash Equivalents and Short-Term Investments	33.70M	56.43M	236.56M	248.65M	189.16M	250.03M
Total Debt	259.42M	291.96M	480.62M	523.13M	528.65M	533.30M
Total Liabilities	370.13M	424.60M	626.09M	692.30M	712.72M	704.61M
Stockholders Equity	-37.82M	104.92M	243.93M	421.16M	316.29M	306.62M
Cash Flow
Free Cash Flow	26.30M	23.36M	48.72M	29.11M	40.62M	34.30M
Operating Cash Flow	27.42M	24.24M	49.94M	29.98M	41.74M	35.62M
Investing Cash Flow	3.09M	-882.00K	-1.22M	-63.22M	-93.53M	-68.97M
Financing Cash Flow	-227.43M	-202.31M	-61.38M	94.15M	-8.18M	107.90M

Upland Software Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UPLD, the sentiment is Positive. The current price of 1.98 is above the 20-day moving average (MA) of 1.92, below the 50-day MA of 2.05, and below the 200-day MA of 3.00, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.94 is Neutral, neither overbought nor oversold. The STOCH value of 40.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UPLD.

Upland Software Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	¥227.94B	14.57	7.50%	2.72%	9.28%	6.70%
PSQH	61 Neutral	$102.46M	―	-223.65%	―	221.24%	13.36%
RSSS	59 Neutral	$91.86M	―	-30.88%	―	18.51%	-714.65%
DUOT	51 Neutral	$98.16M	―	-189.13%	―	89.27%	26.30%
LPSN	49 Neutral	$93.85M	―	-137.76%	―	-23.04%	11.60%
UPLD	49 Neutral	$56.40M	―	-208.78%	―	-8.17%	63.63%
TROO	―	$95.51M	―		―	―	―

Upland Software Corporate Events

Upland Software Announces Leadership Transition Plans

Karen Cummings, President and COO of Upland Software, will retire on July 31, 2025, with no disagreements cited. Daniel Doman will assume the role of Chief Product and Operating Officer on August 1, 2025, while CEO John T. McDonald will also take on the role of President.

The most recent analyst rating on (UPLD) stock is a Sell with a $1.75 price target. To see the full list of analyst forecasts on Upland Software stock, see the UPLD Stock Forecast page.

Upland Software Holds Annual Meeting, Elects Directors

On June 4, 2025, Upland Software held its Annual Meeting at its Austin, Texas offices, where stockholders voted on key proposals. The meeting saw the election of three Class II directors, the ratification of Ernst & Young, LLP as the independent auditor for the fiscal year ending December 31, 2025, and the approval of executive compensation on an advisory basis. These decisions reflect the company’s ongoing governance and operational strategies, impacting its leadership structure and financial oversight.

The most recent analyst rating on (UPLD) stock is a Sell with a $1.75 price target. To see the full list of analyst forecasts on Upland Software stock, see the UPLD Stock Forecast page.