Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
10.69
+0.26 (2.44%)
Oct 4, 2024, 2:14 PM EDT - Market open
Upwork Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Upwork stock have an average target of 15.27, with a low estimate of 11 and a high estimate of 21. The average target predicts an increase of 42.91% from the current stock price of 10.69.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 3 | 3 | 3 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 10 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +2.95% | Sep 25, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $19 → $13 | Strong Buy | Maintains | $19 → $13 | +21.67% | Aug 16, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $15 → $11 | Hold | Maintains | $15 → $11 | +2.95% | Aug 8, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $24 → $21 | Strong Buy | Maintains | $24 → $21 | +96.54% | Aug 8, 2024 |
| UBS | UBS | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | +2.95% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
755.14M
from 689.14M
Increased by 9.58%
Revenue Next Year
800.26M
from 755.14M
Increased by 5.98%
EPS This Year
0.95
from 0.06
Increased by 1,382.60%
EPS Next Year
1.09
from 0.95
Increased by 15.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 779.0M | 868.9M | 971.2M | |
| Avg | 755.1M | 800.3M | 877.8M | |
| Low | 723.7M | 696.5M | 760.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.0% | 15.1% | 21.4% | |
| Avg | 9.6% | 6.0% | 9.7% | |
| Low | 5.0% | -7.8% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.01 | 1.29 | 1.51 | |
| Avg | 0.95 | 1.09 | 1.24 | |
| Low | 0.89 | 0.93 | 1.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1,481.1% | 36.6% | 38.5% | |
| Avg | 1,382.6% | 15.5% | 13.3% | |
| Low | 1,298.8% | -1.5% | -7.5% |
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.