Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
16.52
+0.08 (0.49%)
Dec 23, 2024, 2:14 PM EST - Market open
Upwork Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Upwork stock have an average target of 18.36, with a low estimate of 11 and a high estimate of 24. The average target predicts an increase of 11.14% from the current stock price of 16.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Upwork stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +8.96% | Dec 4, 2024 |
| Citigroup | Citigroup | Hold Maintains $11 → $19 | Hold | Maintains | $11 → $19 | +15.01% | Nov 29, 2024 |
| BTIG | BTIG | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -3.15% | Nov 7, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $15 → $18 | Strong Buy | Maintains | $15 → $18 | +8.96% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $14 → $18 | Buy | Maintains | $14 → $18 | +8.96% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
774.23M
from 689.14M
Increased by 12.35%
Revenue Next Year
796.54M
from 774.23M
Increased by 2.88%
EPS This Year
1.03
from 0.06
Increased by 1,509.52%
EPS Next Year
1.22
from 1.03
Increased by 19.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 799.2M | 882.8M | 982.7M | |||
| Avg | 774.2M | 796.5M | 862.1M | |||
| Low | 739.6M | 727.3M | 774.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.0% | 14.0% | 23.4% | |||
| Avg | 12.3% | 2.9% | 8.2% | |||
| Low | 7.3% | -6.1% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.06 | 1.39 | 1.66 | |||
| Avg | 1.03 | 1.22 | 1.38 | |||
| Low | 0.97 | 1.07 | 1.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1,563.5% | 35.1% | 35.5% | |||
| Avg | 1,509.5% | 19.3% | 13.1% | |||
| Low | 1,421.8% | 4.1% | -4.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.