Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
15.38
+0.41 (2.74%)
At close: Nov 21, 2024, 4:00 PM
15.80
+0.42 (2.73%)
Pre-market: Nov 22, 2024, 7:42 AM EST
Upwork Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Upwork stock have an average target of 17, with a low estimate of 11 and a high estimate of 24. The average target predicts an increase of 10.53% from the current stock price of 15.38.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | +4.03% | Nov 7, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $15 → $18 | Strong Buy | Maintains | $15 → $18 | +17.04% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $14 → $18 | Buy | Maintains | $14 → $18 | +17.04% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +56.05% | Nov 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $13 → $20 | Strong Buy | Maintains | $13 → $20 | +30.04% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
771.58M
from 689.14M
Increased by 11.96%
Revenue Next Year
799.31M
from 771.58M
Increased by 3.59%
EPS This Year
1.01
from 0.06
Increased by 1,479.35%
EPS Next Year
1.19
from 1.01
Increased by 17.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 805.1M | 882.8M | 982.7M | |
| Avg | 771.6M | 799.3M | 869.6M | |
| Low | 725.2M | 727.3M | 774.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.8% | 14.4% | 22.9% | |
| Avg | 12.0% | 3.6% | 8.8% | |
| Low | 5.2% | -5.7% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.10 | 1.48 | 1.89 | |
| Avg | 1.01 | 1.19 | 1.38 | |
| Low | 0.90 | 0.95 | 1.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1,629.3% | 47.0% | 59.2% | |
| Avg | 1,479.3% | 17.9% | 16.2% | |
| Low | 1,314.2% | -5.6% | -12.5% |
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.