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Upwork (UPWK) Stock Price & Analysis

2,682 Followers

UPWK Stock Chart & Stats

$9.78$0.04(0.41%)
At close: 4:00 PM EST
$8$9$10Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$9.56 - $9.95
52-Week Range
$7.44 - $22.84
Previous Close
$9.74
Volume
N/A
Average Volume (3M)
3.02M
Market Cap
$1.23B
Enterprise Value
$760.30M
Total Cash (Recent Filing)
$304.33M
Total Debt (Recent Filing)
$18.02M
Price to Earnings (P/E)
11.8
Beta
1.15
Next Earnings
Feb 17, 2027 (Est.)
EPS Estimate
0.3
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Profitability And Cash Generation

Consistently high gross margins and strong operating and free cash flow indicate attractive marketplace economics and earnings quality. These characteristics give Upwork resources to invest in product development, support customers, and manage changing demand while preserving financial resilience over the next several quarters.

Marketplace Monetization

Rising take rate and subscription growth show that Upwork is expanding monetization beyond simply increasing transaction volume. Greater adoption of higher-margin products can support durable revenue per transaction and improve profitability as clients and freelancers use more of the platform’s paid services.

Enterprise And Global Expansion

The WorkMotion acquisition broadens Upwork’s enterprise and international employment capabilities, potentially improving its ability to serve larger customers with more complex workforce needs. A wider offering can deepen client relationships, improve win rates, and expand the platform’s addressable market over time.

Bears Say

Revenue And GSV Contraction

Declining GSV and slightly negative trailing revenue growth indicate that marketplace demand has weakened despite improved profitability. If lower transaction volume persists, it could constrain operating leverage, reduce the pool of monetizable activity, and make future growth increasingly dependent on pricing, mix, and new products.

Digital Search And AI Demand Pressure

Persistent changes in how customers discover services can weaken Upwork’s acquisition funnel and reduce marketplace activity, particularly in lower-value work. Management expects these pressures to weigh on growth into the first half of 2027, making demand recovery dependent on successful adaptation to new AI-driven channels.

Expected Margin Dilution

A larger Lifted mix and WorkMotion integration spending are expected to reduce Adjusted EBITDA margins by roughly three to four points in 2027. Even if these investments support longer-term expansion, the transition can temporarily lower earnings conversion and limit the immediate benefit of strong marketplace economics.

Upwork News

UPWK FAQ

What was Upwork’s price range in the past 12 months?
Upwork lowest stock price was $7.44 and its highest was $22.84 in the past 12 months.
What is Upwork’s market cap?
Upwork’s market cap is $1.23B.
When is Upwork’s upcoming earnings report date?
Upwork’s next earnings report is estimated for Feb 17, 2027 (not yet confirmed), which is in 97 days.
How were Upwork’s earnings last quarter?
Upwork released its earnings results on Nov 02, 2026. The company reported $0.4 earnings per share for the quarter, beating the consensus estimate of $0.314 by $0.086.
Is Upwork overvalued?
According to Wall Street analysts Upwork’s price is currently Overvalued.
Does Upwork pay dividends?
Upwork does not currently pay dividends.
What is Upwork’s EPS estimate?
Upwork’s EPS estimate is 0.30.
How many shares outstanding does Upwork have?
Upwork has 125,777,140 shares outstanding.
What happened to Upwork’s price movement after its last earnings report?
Upwork reported an EPS of $0.4 in its last earnings report, beating expectations of $0.314. Following the earnings report the stock price went up 2.16%.
Which hedge fund is a major shareholder of Upwork?
Hedge funds hold Upwork shares: the largest hedge-fund position in Upwork is 71,886,946 shares, and hedge funds increased their holdings by 1.1M shares last quarter.
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