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Upwork (UPWK)
NASDAQ:UPWK
Upwork (UPWK) Stock Price & Analysis
2,273 Followers
UPWK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.54 - $16.36
Previous Close$12.07
Volume1.55M
Average Volume (3M)2.18M
Market Cap
$1.60B
Enterprise Value$1.41B
Total Cash (Recent Filing)$550.10M
Total Debt (Recent Filing)$362.18M
Price to Earnings (P/E)35.2
Beta1.52
Next Earnings
Jul 25, 2024EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.34
Shares Outstanding133,118,345
10 Day Avg. Volume2,931,780
30 Day Avg. Volume2,184,095
Standard Deviation0.20
R-Squared0.21
Alpha-0.00975
Financial Highlights & Ratios
Price to Book (P/B)6.11
Price to Sales (P/S)2.33
Price to Cash Flow (P/CF)-74.30
P/FCF Ratio26.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.05
Enterprise Value/Gross Profit2.72
Enterprise Value/Ebitda56.81
Forecast
1Y Price Target
$18.67Price Target Upside51.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Upwork News
Bulls Say, Bears Say
Bulls Say
Client Growth And Financial GuidanceAnalyst upgrades UPWK to BUY with a new price target based on impressive client growth and raised revenue guidance, signaling confidence in the company's future performance.
Innovative Product ImpactEarly testing of Upwork's AI product, Uma, indicates clients increase spending, highlighting the potential of new technology to drive further revenue growth.
Profitability And Stock ValuationUPWK's adjusted EBITDA estimates show an upward revision, coupled with current stock valuation at trough levels, presenting an attractive investment opportunity.
Bears Say
Company PerformanceRevenue growth is expected to slow in the second half of 2024, prompting a reduction in 2025 revenue growth projections.
Economic EnvironmentMacro remains soft with February job openings down and SMB hiring plans declining, indicating a cautious current hiring environment.
Industry RiskConcerns regarding terminal value risk from generative AI may affect the company's long-term value proposition.
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Ownership Overview
47.43% Insiders
27.37% Mutual Funds
24.34% Other Institutional Investors
0.87% Public Companies and Individual Investors
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 $7.54 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 Jul 25, 2024 which is in 72 days.
How were Upwork’s earnings last quarter?
Upwork released its earnings results on May 01, 2024. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.184 by $0.036.
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 $0.22.
How many shares outstanding does Upwork have?
Upwork has 132,582,840 shares outstanding.
What happened to Upwork’s price movement after its last earnings report?
Upwork reported an EPS of $0.22 in its last earnings report, beating expectations of $0.184. Following the earnings report the stock price went up 8.612%.
Which hedge fund is a major shareholder of Upwork?
Among the largest hedge funds holding Upwork’s share is First Sabrepoint Capital Management Lp. It holds Upwork’s shares valued at 11M.
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Upwork Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$18.67 (51.48% Upside)
$18.67 (51.48% Upside)
Blogger Sentiment
Bullish
UPWK Sentiment 84%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 837.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
50.87%
12-Months-Change
Fundamentals
Return on Equity
15.10%
Trailing 12-Months
Asset Growth
9.01%
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
Q1 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
$18.67
▲(51.48% Upside)
Technical Analysis
Best Analysts Covering UPWK
1 Year
1 Year Success Rate
12/25 ratings generated profit
1 Year Average Return
+34.64%
upgraded a buy rating 7 days ago
Copying Marvin Fong's trades and holding each position for 1 Year would result in 48.00% of your transactions generating a profit, with an average return of +34.64% per trade.
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