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Upwork (UPWK)
NASDAQ:UPWK
UPWK Analyst Ratings
Moderate Buy
6 Buy
4 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
UPWK Stock 12 Month Forecast
Average Price Target
$23.00
▲(4.93% Upside)
| Highest Price Target$28.00 | Average Price Target$23.00 | Lowest Price Target$17.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
UBS
$24
Buy
9.49%
Upside
Reiterated
12/08/25
Upwork's Promising Growth and Financial Potential: A Buy Rating Backed by Strategic Initiatives and Financial StrategiesWe hosted Upwork management at the UBS Technology & AI Conference. Overall management tone was bullish, with recent return to positive GSV growth setting the stage for sustained, and potentially accelerating GSV growth aided by the company's AI- driven growth and enterprise initiative (in H2-26). Margin levers through take rate and top-line leverage also said to provide runway for further margin expansion. We believe UPWK's return to growth should help the stock's AI narrative, while FCF (yielding ~7% and being used to buy back stock) remains underappreciated. We maintain a Buy rating. GSV Growth Sustained GSV growth. Upwork expects continued GSV growth regardless of macro environment, noting that AI-related GSV is at a $300m run-rate (~7% of GSV) growing at +50% yoy as of Q3. Conversely, sub-$300 transactions seen as most at risk to AI disruption are now 3.5% of GSV.
Roth MKM
$22
Buy
0.36%
Upside
Reiterated
11/24/25
Citi
$19
Hold
-13.32%
Downside
Reiterated
11/19/25
Cautious Optimism: Upwork's AI Strategy and Growth Prospects Amidst UncertaintyWe emerge from a greater appreciation of the company’s AI strategy, its SMB and Enterprise opportunities, and improving visibility given ’26E guidance and ’28E targets were above ours and Street consensus (FactSet) expectations. The mix-shift to AI-related work has been a key theme at Upwork over the past several years and the business now expects annualized AI GSV to reach $300M in ’25, representing ~HSD % of total GSV. This as the business transitions to more quality/larger projects as its core SMB vertical stabilizes on Business Plus adoption and its Enterprise strategy is more clear. The net-result is materially better than expected ’28E targets with slightly better ’26 guidance relative to ours/consensus expectations.
Goldman Sachs
$25→$28
Buy
27.74%
Upside
Reiterated
11/19/25
Needham
$25
Buy
14.05%
Upside
Reiterated
11/19/25
Scotiabank
$17
Hold
-22.45%
Downside
Reiterated
11/19/25
RBC Capital
$21
Hold
-4.20%
Downside
Reiterated
11/18/25
Canaccord Genuity
$22→$24
Buy
9.49%
Upside
Reiterated
11/18/25
Citizens JMP
$20→$27
Buy
23.18%
Upside
Reiterated
09/24/25
Jefferies
$21→$20
Buy
-8.76%
Downside
Reiterated
04/06/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
UBS
$24
Buy
9.49%
Upside
Reiterated
12/08/25
Upwork's Promising Growth and Financial Potential: A Buy Rating Backed by Strategic Initiatives and Financial StrategiesWe hosted Upwork management at the UBS Technology & AI Conference. Overall management tone was bullish, with recent return to positive GSV growth setting the stage for sustained, and potentially accelerating GSV growth aided by the company's AI- driven growth and enterprise initiative (in H2-26). Margin levers through take rate and top-line leverage also said to provide runway for further margin expansion. We believe UPWK's return to growth should help the stock's AI narrative, while FCF (yielding ~7% and being used to buy back stock) remains underappreciated. We maintain a Buy rating. GSV Growth Sustained GSV growth. Upwork expects continued GSV growth regardless of macro environment, noting that AI-related GSV is at a $300m run-rate (~7% of GSV) growing at +50% yoy as of Q3. Conversely, sub-$300 transactions seen as most at risk to AI disruption are now 3.5% of GSV.
Roth MKM
$22
Buy
0.36%
Upside
Reiterated
11/24/25
Citi
$19
Hold
-13.32%
Downside
Reiterated
11/19/25
Cautious Optimism: Upwork's AI Strategy and Growth Prospects Amidst UncertaintyWe emerge from a greater appreciation of the company’s AI strategy, its SMB and Enterprise opportunities, and improving visibility given ’26E guidance and ’28E targets were above ours and Street consensus (FactSet) expectations. The mix-shift to AI-related work has been a key theme at Upwork over the past several years and the business now expects annualized AI GSV to reach $300M in ’25, representing ~HSD % of total GSV. This as the business transitions to more quality/larger projects as its core SMB vertical stabilizes on Business Plus adoption and its Enterprise strategy is more clear. The net-result is materially better than expected ’28E targets with slightly better ’26 guidance relative to ours/consensus expectations.
Goldman Sachs
$25→$28
Buy
27.74%
Upside
Reiterated
11/19/25
Needham
$25
Buy
14.05%
Upside
Reiterated
11/19/25
Scotiabank
$17
Hold
-22.45%
Downside
Reiterated
11/19/25
RBC Capital
$21
Hold
-4.20%
Downside
Reiterated
11/18/25
Canaccord Genuity
$22→$24
Buy
9.49%
Upside
Reiterated
11/18/25
Citizens JMP
$20→$27
Buy
23.18%
Upside
Reiterated
09/24/25
Jefferies
$21→$20
Buy
-8.76%
Downside
Reiterated
04/06/25
Best Analysts Covering Upwork
1 Month
xxx
Success Rate
9/13 ratings generated profit
Average Return
+4.38%
reiterated a xxx
rating 24 hours ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 69.23% of your transactions generating a profit, with an average return of +4.38% per trade.
3 Months
xxx
Success Rate
10/13 ratings generated profit
Average Return
+6.76%
reiterated a xxx
rating 24 hours ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 76.92% of your transactions generating a profit, with an average return of +6.76% per trade.
1 Year
Success Rate
11/13 ratings generated profit
Average Return
+11.23%
reiterated a buy rating 24 hours ago
Copying Grant Hirelyn 's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +11.23% per trade.
2 Years
xxx
Success Rate
11/13 ratings generated profit
Average Return
+11.23%
reiterated a xxx
rating 24 hours ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 84.62% of your transactions generating a profit, with an average return of +11.23% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
UPWK Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
3
1
1
1
1
Buy
16
14
18
20
17
Hold
9
6
6
10
8
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
28
21
25
31
26
Each month's total comprises the sum of three months' worth of ratings.
UPWK Financial Forecast
UPWK Stock Forecast FAQ
What is UPWK’s average 12-month price target, according to analysts?
Based on analyst ratings, Upwork’s 12-month average price target is 23.00.
What is UPWK’s upside potential, based on the analysts’ average price target?
Upwork has 4.93% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is UPWK a Buy, Sell or Hold?
Upwork has a consensus rating of Moderate Buy which is based on 6 buy ratings, 4 hold ratings and 0 sell ratings.
What is Upwork’s price target?
The average price target for Upwork is 23.00. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $28.00 ,the lowest forecast is $17.00. The average price target represents 4.93% Increase from the current price of $21.92.
The highest analyst price target is $28.00 ,the lowest forecast is $17.00. The average price target represents 4.93% Increase from the current price of $21.92.
What do analysts say about Upwork?
Upwork’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of UPWK?
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