Upwork Inc (UPWK)
NASDAQ:UPWK
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UPWK Stock Chart & Stats
$11.27
$0.19(1.19%)
At close: 4:00 PM EST
$11.27
$0.19(1.19%)
Day’s Range― - ―
52-Week Range$7.44 - $22.84
Previous CloseN/A
Volume382.11K
Average Volume (3M)4.72M
Market Cap
$1.03B
Enterprise Value$1.05B
Total Cash (Recent Filing)$579.73M
Total Debt (Recent Filing)$379.48M
Price to Earnings (P/E)9.9
Beta1.21
Next Earnings
Jul 23, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.84
Shares Outstanding123,518,135
10 Day Avg. Volume3,322,811
30 Day Avg. Volume4,715,596
Financial Highlights & Ratios
PEG Ratio-0.50
Price to Book (P/B)4.11
Price to Sales (P/S)3.29
P/FCF Ratio10.68
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue1.33
Enterprise Value/Gross Profit1.71
Enterprise Value/Ebitda6.02
Forecast
1Y Price Target
$11.44Price Target Upside1.49% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)1.52
Revenue Forecast (FY)$776.77M
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationConsistent operating and free cash flow through 2024–TTM provides durable financial flexibility. Strong FCF that tracks net income (~1x) supports reinvestment in product, opportunistic M&A, debt paydown, and cushions margins against cyclical demand swings over the next several quarters.
Margin Expansion Via Cost ProgramManagement accelerated margin targets via a sizable cost-reduction plan that cuts ~$70M annually and advances the timeline to a 35% adjusted-EBITDA margin. Structural lower operating leverage and a smaller cost base increase resilience of profitability if top-line growth softens in coming quarters.
AI & Product MomentumDirect integrations with leading AI platforms and rapid AI-related GSV growth (>40% YoY, >$300M annualized) create structural demand for higher-value, differentiated services. AI partnerships and product launches expand addressable market and improve unit economics by shifting mix toward enterprise and specialized work.
Bears Say
TTM Revenue ContractionA steep trailing‑12‑month revenue drop erodes the revenue base that underpins margins and cash flow. Persistent top-line contraction raises execution risk that margin gains are temporary and limits the company's ability to invest in product, sales, and enterprise expansion over the medium term.
Small‑contract Demand WeaknessConcentrated slowdown in the smallest contracts signals structural fragility among core SMB users. If micro‑contract activity remains depressed, GSV and take‑rate stability are threatened, reducing recurring marketplace volume and making revenue recovery harder without sustained enterprise gains.
Secured Credit & Remaining DebtWhile liquidity improved, the secured revolver and still‑meaningful absolute debt levels introduce covenant constraints and asset‑security risk. In a prolonged revenue slump, covenants could restrict strategic options and increase refinancing or restructuring pressure over the next several quarters.
Upwork News
UPWK FAQ
What was Upwork Inc’s price range in the past 12 months?
Upwork Inc lowest stock price was $7.44 and its highest was $22.84 in the past 12 months.
What is Upwork Inc’s market cap?
Upwork Inc’s market cap is $1.03B.
When is Upwork Inc’s upcoming earnings report date?
Upwork Inc’s upcoming earnings report date is Jul 23, 2026 which is in 25 days.
How were Upwork Inc’s earnings last quarter?
Upwork Inc released its earnings results on May 07, 2026. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.271 by $0.079.
Is Upwork Inc overvalued?
According to Wall Street analysts Upwork Inc’s price is currently Undervalued.
Does Upwork Inc pay dividends?
Upwork Inc does not currently pay dividends.
What is Upwork Inc’s EPS estimate?
Upwork Inc’s EPS estimate is 0.34.
How many shares outstanding does Upwork Inc have?
Upwork Inc has 123,518,135 shares outstanding.
What happened to Upwork Inc’s price movement after its last earnings report?
Upwork Inc reported an EPS of $0.35 in its last earnings report, beating expectations of $0.271. Following the earnings report the stock price went down -16.871%.
Which hedge fund is a major shareholder of Upwork Inc?
Currently, no hedge funds are holding shares in UPWK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Upwork Stock Smart Score
Underperform
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Analyst Consensus
Hold
Average Price Target:
$11.44 (1.49% Upside)
$11.44 (1.49% Upside)
Blogger Sentiment
Bullish
UPWK Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 183.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.2%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.61%
12-Months-Change
Fundamentals
Return on Equity
17.92%
Trailing 12-Months
Asset Growth
0.15%
Trailing 12-Months
Company Description
Upwork Inc
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
UPWK Company Deck
UPWK Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced notable operational and product progress—strong profitability (Q1 adjusted EBITDA beat), meaningful cost reductions, rapid SMB and AI-related growth, and enterprise pipeline gains—against near-term demand softness concentrated in the smallest contracts, a lowered/widened revenue outlook, and a sizable workforce reduction with related one-time costs. Management is confident in longer-term AI and enterprise opportunities and has strengthened profitability guidance despite top-line uncertainty.View all UPWK earnings summariesUPWK Revenue Breakdown
85.05% Marketplace
14.95% Managed services
UPWK Stock 12 Month Forecast
Average Price Target
$11.44
▲(1.49% Upside)
Technical Analysis
Ownership Overview
4.78% Insiders
36.92% Mutual Funds
27.12% Other Institutional Investors
2.22% Public Companies and Individual Investors