Upwork Inc. (UPWK)
Market Cap | 1.63B |
Revenue (ttm) | 719.22M |
Net Income (ttm) | 48.16M |
Shares Out | 132.58M |
EPS (ttm) | 0.34 |
PE Ratio | 36.26 |
Forward PE | 14.68 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,793,586 |
Open | 12.10 |
Previous Close | 12.07 |
Day's Range | 12.10 - 12.50 |
52-Week Range | 7.54 - 16.36 |
Beta | 1.66 |
Analysts | Strong Buy |
Price Target | 17.30 (+40.31%) |
Earnings Date | May 1, 2024 |
About UPWK
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as tal... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for UPWK stock is "Strong Buy." The 12-month stock price forecast is $17.3, which is an increase of 40.31% from the latest price.
News
Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork Research
SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today released new research from The Upwork R...
Upwork to Present at the Needham Technology, Media & Consumer Conference
SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announced...
Companies will hire more as a result of AI, says Upwork CEO
Upwork CEO Hayden Brown joins CNBC's 'The Exchange' to discuss how Upwork is 'supercharging' AI, labor market outlooks, and more.
Upwork Believes AI is the Future of Work
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence.
Upwork Reports First Quarter 2024 Financial Results
First-quarter GAAP Net Income of $18.4 million First-quarter GAAP Diluted EPS of $0.13 First-quarter Adjusted EBITDA of $33.3 million Raises revenue and Adjusted EBITDA outlook for 2024 Establishes fi...
GoDaddy and Upwork Partner to Funnel More Opportunities to Web Designers and Developers
GoDaddy Will Serve as Upwork's First Web Presence Partner TEMPE, Ariz., April 17, 2024 /PRNewswire/ -- According to Upwork, website design and development as well as graphic design are among the most ...
Upwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work
SAN FRANCISCO, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- U pwork (NASDAQ: UPWK), the world's work marketplace that connects businesses with independent talent, today announced Upwork Partners , a new...
Upwork to Report First Quarter Financial Results on May 1, 2024
SAN FRANCISCO, April 04, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announc...
Upwork Unveils Most In-Demand Work Skills in 2024
New report finds Data Science & Analytics is one of the fastest-growing work categories as generative AI modeling and machine learning produce strong demand from businesses New report finds Data Scien...
Upwork to Present at the JMP Technology Conference
SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...
Upwork CEO on AI's impact on freelance work
Upwork CEO Hayden Brown joins 'The Exchange' to discuss the state of the gig economy, AI's impact on freelance work, and more.
Upwork Reports Fourth Quarter and Full Year 2023 Financial Results
Fourth-quarter GAAP Net Income of $17.4 million Fourth-quarter GAAP Diluted EPS of $0.13 Fourth-quarter Adjusted EBITDA of $30.5 million Acquired AI company Headroom and welcomed founder Andrew Rabino...
Upwork to Report Fourth Quarter and Full Year 2023 Financial Results on February 14, 2024
SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...
Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy
Freelancers now comprise 38% of the U.S. workforce as professionals of all ages seek flexible work models Freelancers now comprise 38% of the U.S. workforce as professionals of all ages seek flexible ...
Upwork Announces Vendor Management System (VMS) Partnerships and Extended Integration Capabilities to Deliver More Seamless, Centralized Workforce Management
Upwork Announces Vendor Management System (VMS) Partnerships and Extended Integration Capabilities to Deliver Seamless, Centralized Workforce Management
Upwork Wins 2023 New Product Innovation Award from Leading Analyst Firm Frost & Sullivan
SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...
Upwork to Present at the UBS Global Technology Conference
SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...
Upwork Taps AI to Enhance Platform as Zillenials Avoid Gig Work
Work marketplace Upwork says it has made significant strides in its goal to establish itself as the go-to platform for “AI-empowered” independent professionals while improving its core product experie...
AI is the fastest growing category of work on our platform, says Upwork CEO Hayden Brown
Upwork CEO Hayden Brown joins 'The Exchange' to discuss the company's earnings results, how companies adopt AI technologies, and more.
Upwork stock price inverted H&S pattern points to more upside
Upwork (NASDAQ: UPWK) stock price surged in the extended hours after the company published encouraging financial results. The shares, which ended the week at $12.03 on Tuesday, surged by 20% after its...
Upwork's stock is soaring 18% on big earnings beat
Upwork Inc.'s UPWK, +6.13% stock surged 18% in after-hours trading Tuesday after the company registered quarterly results that topped analyst revenue and earnings estimates. Upwork reported fiscal thi...
Upwork Reports Third Quarter 2023 Financial Results
SAN FRANCISCO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...
Upwork Introduces New Suite of Generative AI Apps, Offers and Educational Content for Independent Professionals
Partnerships with leading providers ensure talent on Upwork have access to leading generative AI tools and learning resources, boosting productivity, skills and work products Partnerships with leading...
Upwork Launches Research Institute To Help Guide Organizations Through Workforce Transformation and Redefine Tomorrow's Work, Today
SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest1 work marketplace that connects businesses with independent talent from across the globe, today launche...
Upwork to Report Third Quarter 2023 Financial Results on November 7, 2023
SAN FRANCISCO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest1 work marketplace that connects businesses with independent talent from across the globe, today announc...