UP2 Stock Chart & Stats
€9.30
-€0.07(-0.42%)
At close: 4:00 PM EST
€9.30
-€0.07(-0.42%)
Day’s Range― - ―
52-Week Range€6.71 - €18.86
Previous CloseN/A
Volume0.00
Average Volume (3M)105.00
Market Cap
€938.98M
Enterprise Value€1.05B
Total Cash (Recent Filing)€579.73M
Total Debt (Recent Filing)€379.48M
Price to Earnings (P/E)10.6
Beta0.66
Next Earnings
Jul 23, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.84
Shares Outstanding123,518,135
10 Day Avg. Volume156
30 Day Avg. Volume105
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€10.00Price Target Upside7.48% Upside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)1.32
Revenue Forecast (FY)€677.79M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationUpwork's operating cash flow and free cash flow were strong in 2024–2025 and remain solid in the trailing twelve months, with FCF roughly tracking net income. Durable cash generation supports debt reduction, targeted M&A, and reinvestment into products without relying on equity markets.
Improved Profitability & Margin RoadmapManagement accelerated the path to a 35% adjusted EBITDA margin and raised FY26 EBITDA guidance, backed by an announced restructuring and $70M annualized cost saves. Structural cost reductions and higher operating leverage can sustainably boost cash earnings and resilience to future revenue variability.
Product-led GSV Growth (AI & Business+)AI-related work and faster-growing products are driving marketplace composition change: AI GSV >$300M (growing >40% YoY) and Business+ saw rapid adoption. These structural product trends diversify revenue sources and expand higher-value engagement, supporting sustainable Gross Services Volume growth over time.
Bears Say
Sharp Trailing Revenue DeclineA 24.5% TTM revenue contraction is a material structural risk: sustained top-line weakness can erode margins, limit reinvestment, and expose earnings to reversals if cost cuts prove insufficient. Profitability gains are less durable if marketplace demand does not stabilize or recover.
Weakness Concentrated In Small ContractsDemand softness is concentrated in low-value contracts and smallest clients, reducing transaction frequency and platform depth. Structural shifts (including AI replacing simple tasks) make it harder to recoup lost volume from higher-quality segments quickly, pressuring long-term GSV and client retention dynamics.
Secured Revolver And Covenant ExposureThe new $150M revolving facility is secured and includes leverage/coverage covenants. Combined with meaningful absolute debt levels noted in the balance sheet, covenant constraints could limit financial flexibility for M&A, buybacks, or cushioning during further revenue softness, posing a structural liquidity constraint.
Upwork News
UP2 FAQ
What was Upwork Inc’s price range in the past 12 months?
Upwork Inc lowest stock price was €6.71 and its highest was €18.86 in the past 12 months.
What is Upwork Inc’s market cap?
Upwork Inc’s market cap is €938.98M.
When is Upwork Inc’s upcoming earnings report date?
Upwork Inc’s upcoming earnings report date is Jul 23, 2026 which is in 12 days.
How were Upwork Inc’s earnings last quarter?
Upwork Inc released its earnings results on May 07, 2026. The company reported €0.307 earnings per share for the quarter, beating the consensus estimate of €0.237 by €0.069.
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 0.3.
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 €0.307 in its last earnings report, beating expectations of €0.237. Following the earnings report the stock price went down -20.358%.
Which hedge fund is a major shareholder of Upwork Inc?
Currently, no hedge funds are holding shares in DE:UP2
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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9
10
Analyst Consensus
Hold
Average Price Target:
€10.00 (7.48% Upside)
€10.00 (7.48% Upside)
Blogger Sentiment
Bullish
DE:UP2 Sentiment 70%
Sector Average 63%
Sector Average 63%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.22%
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.
UP2 Company Deck
UP2 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 DE:UP2 earnings summariesUP2 Revenue Breakdown
85.05% Marketplace
14.95% Managed services

UP2 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€10.00
▲(7.48% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Options Prices
Currently, No data available
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