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Upwork (UPWK)
NASDAQ:UPWK
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UPWK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.43 - $16.36
Previous Close$10.71
Volume1.80M
Average Volume (3M)2.38M
Market Cap
$1.41B
Enterprise Value$1.28B
Total Cash (Recent Filing)$497.74M
Total Debt (Recent Filing)$361.84M
Price to Earnings (P/E)19.9
Beta1.96
Next Earnings
Oct 23, 2024EPS Estimate
$0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding132,006,676
10 Day Avg. Volume1,858,864
30 Day Avg. Volume2,377,310
Standard Deviation0.19
R-Squared0.17
Alpha-0.00949
Financial Highlights & Ratios
Price to Book (P/B)3.91
Price to Sales (P/S)1.90
Price to Cash Flow (P/CF)9.50
P/FCF Ratio10.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.72
Enterprise Value/Gross Profit2.46
Enterprise Value/Ebitda50.36
Forecast
1Y Price Target
$14.00Price Target Upside30.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Upwork News
Bulls Say, Bears Say
Bulls Say
AI And MonetizationUpwork is improving its position by incorporating more AI tools, building partnerships, and enhancing monetization with value-added products.
Client GrowthActive clients grew 6% Y/Y to 868K, benefitting from new client acquisition given efficient marketing and retention improvements.
Financial PerformanceUPWK is the industry leader with substantial cash flow and a healthy balance sheet.
Bears Say
Client ActivityActive clients count fell by 4K to 868K, which was worse than the consensus expectations for a 12K gain.
Revenue ExpectationsThe sluggish hiring market has led to a significant cut in revenue expectations for the second half of the year.
Share Price PerformanceUPWK's share price has significantly underperformed, lagging peer Fiverr by 19% since Hayden Brown was appointed CEO and losing 57% since its IPO.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Upwork
Desktop Users
Mobile Users
UPWK FAQ
What was Upwork’s price range in the past 12 months?
Upwork lowest stock price was $8.43 and its highest was $16.36 in the past 12 months.
What is Upwork’s market cap?
Currently, no data Available
When is Upwork’s upcoming earnings report date?
Upwork’s upcoming earnings report date is Oct 23, 2024 which is 34 days ago.
How were Upwork’s earnings last quarter?
Upwork released its earnings results on Aug 07, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.231 by $0.029.
Is Upwork overvalued?
According to Wall Street analysts Upwork’s price is currently Undervalued.
Does Upwork pay dividends?
Upwork does not currently pay dividends.
What is Upwork’s EPS estimate?
Upwork’s EPS estimate is $0.24.
How many shares outstanding does Upwork have?
Upwork has 132,006,680 shares outstanding.
What happened to Upwork’s price movement after its last earnings report?
Upwork reported an EPS of $0.26 in its last earnings report, beating expectations of $0.231. Following the earnings report the stock price went down -10.421%.
Which hedge fund is a major shareholder of Upwork?
Among the largest hedge funds holding Upwork’s share is Graham Capital Management, L.P.. It holds Upwork’s shares valued at 3M.
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Upwork Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$14.00 (30.72% Upside)
$14.00 (30.72% Upside)
Blogger Sentiment
Bullish
UPWK Sentiment 92%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 24.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.93%
12-Months-Change
Fundamentals
Return on Equity
22.27%
Trailing 12-Months
Asset Growth
8.38%
Trailing 12-Months
Company Description
Upwork
Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. It provides managed services and marketplace offerings such as Upwork Standard, Upwork Enterprise, and Upwork Payroll. The company was founded in December 2013 and is headquartered in Mountain View, CA.
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UPWK Company Deck
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UPWK Earnings Call
Q2 2024
0:00 / 0:00
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UPWK Revenue Breakdown
53.68% Talent
46.32% Clients
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UPWK Stock 12 Month Forecast
Average Price Target
$14.00
▲(30.72% Upside)
Technical Analysis
Best Analysts Covering UPWK
1 Year
1 Year Success Rate
13/27 ratings generated profit
1 Year Average Return
+31.90%
assigned a buy rating 2 months ago
Copying Marvin Fong's trades and holding each position for 1 Year would result in 48.15% of your transactions generating a profit, with an average return of +31.90% per trade.
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