Upwork Inc. (UPWK)

NASDAQ: UPWK · IEX Real-Time Price · USD
12.33
+0.26 (2.15%)
At close: May 14, 2024, 4:00 PM
12.59
+0.26 (2.11%)
Pre-market: May 15, 2024, 7:00 AM EDT
2.15%
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]

IPO Date Oct 3, 2018
Employees 800
Stock Exchange NASDAQ
Ticker Symbol UPWK
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$17.3
(40.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

22 hours ago - GlobeNewsWire

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...

5 days ago - GlobeNewsWire

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.

12 days ago - CNBC Television

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.

13 days ago - PYMNTS

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...

13 days ago - GlobeNewsWire

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 ...

Other symbols: GDDY
27 days ago - PRNewsWire

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...

27 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - CNBC Television

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - PYMNTS

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.

6 months ago - CNBC Television

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...

6 months ago - Invezz

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...

6 months ago - Market Watch

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire