Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
16.30
+1.72 (11.76%)
Nov 7, 2024, 2:25 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 17, with a low estimate of 11 and a high estimate of 24. The average target predicts an increase of 4.33% from the current stock price of 16.30.
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 |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $15 → $18 | Strong Buy | Maintains | $15 → $18 | +10.46% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $14 → $18 | Buy | Maintains | $14 → $18 | +10.46% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +47.28% | Nov 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $13 → $20 | Strong Buy | Maintains | $13 → $20 | +22.74% | Nov 7, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $13 → $18 | Buy | Reiterates | $13 → $18 | +10.46% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
757.91M
from 689.14M
Increased by 9.98%
Revenue Next Year
799.22M
from 757.91M
Increased by 5.45%
EPS This Year
0.96
from 0.06
Increased by 1,405.93%
EPS Next Year
1.13
from 0.96
Increased by 17.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 805.1M | 868.9M | 971.2M | |
| Avg | 757.9M | 799.2M | 876.8M | |
| Low | 723.7M | 696.5M | 760.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.8% | 14.6% | 21.5% | |
| Avg | 10.0% | 5.5% | 9.7% | |
| Low | 5.0% | -8.1% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.10 | 1.48 | 1.89 | |
| Avg | 0.96 | 1.13 | 1.33 | |
| Low | 0.89 | 0.93 | 1.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1,629.3% | 54.2% | 67.2% | |
| Avg | 1,405.9% | 17.8% | 17.6% | |
| Low | 1,298.8% | -3.0% | -10.7% |
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.