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Upwork (UPWK)
NASDAQ:UPWK
Upwork (UPWK) Stock Price & Analysis
2,258 Followers
UPWK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.56 - $16.36
Previous Close$11.23
Volume223.42K
Average Volume (3M)2.05M
Market Cap
$1.55B
Enterprise Value$1.35B
Total Cash (Recent Filing)$550.10M
Total Debt (Recent Filing)$362.18M
Price to Earnings (P/E)201.3
Beta1.48
Next Earnings
May 01, 2024EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.06
Shares Outstanding137,392,520
10 Day Avg. Volume1,727,678
30 Day Avg. Volume2,050,890
Standard Deviation0.20
R-Squared0.21
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)5.95
Price to Sales (P/S)2.24
Price to Cash Flow (P/CF)-72.40
P/FCF Ratio25.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.97
Enterprise Value/Gross Profit2.61
Enterprise Value/Ebitda54.50
Forecast
1Y Price Target
$18.78Price Target Upside66.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Upwork News
PremiumPress Releases
Upwork Unveils Most In-Demand Work Skills in 2024Bulls Say, Bears Say
Bulls Say
Client Acquisition And GrowthThe growth in active clients and the introduction of new tools for advertisers and enterprise clients on Upwork signal a robust expansion of its customer base and service offerings.
Financial OutlookUpwork's strong adjusted EBITDA outlook suggests notable growth, indicating the company's increasing profitability and operational efficiency.
Innovation And Market PositionUpwork's investments in AI and product innovation, along with its move to a flat fee structure, are set to improve marketplace efficiency and enhance the company's competitive edge.
Bears Say
Client SpendingTTM GSV per active client declined, indicating a higher mix of lower-spending new clients.
Revenue Growth ProjectionsRevenue growth is expected to slow in the second half of 2024, prompting a reduction in 2025 revenue growth projections.
Revenue OutlookRevenue outlook continues to decelerate.
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Ownership Overview
45.77% Insiders
26.24% Mutual Funds
14.71% Other Institutional Investors
13.29% 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 $6.56 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 May 01, 2024 which is in 12 days.
How were Upwork’s earnings last quarter?
Upwork released its earnings results on Feb 14, 2024. The company reported $0.2 earnings per share for the quarter, beating the consensus estimate of $0.174 by $0.026.
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 $0.18.
How many shares outstanding does Upwork have?
Upwork has 137,392,520 shares outstanding.
What happened to Upwork’s price movement after its last earnings report?
Upwork reported an EPS of $0.2 in its last earnings report, beating expectations of $0.174. Following the earnings report the stock price went down -8.924%.
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
Moderate Buy
Average Price Target:
$18.78 (66.71% Upside)
$18.78 (66.71% Upside)
Blogger Sentiment
Bullish
UPWK Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 837.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.32%
12-Months-Change
Fundamentals
Return on Equity
14.89%
Trailing 12-Months
Asset Growth
-3.95%
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
Q4 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 Months Forecast
Average Price Target
$18.78
▲(66.71% Upside)
Technical Analysis
Best Analysts Covering UPWK
1 Year
1 Year Success Rate
4/11 ratings generated profit
1 Year Average Return
+5.65%
reiterated a buy rating 2 months ago
Copying Rohit Kulkarni's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of +5.65% per trade.
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