Upland Software Stock Forecast

UPLD's stock price has decreased by -62.91% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

According to 2 analysts polled by S&P Global, Upland Software stock has a consensus rating of "Buy" and an average price target of $3.75. The average 1-year stock price forecast is 449.45% higher than the current stock price, while the lowest is $3.00 (+339.56%) and the highest is $4.50 (+559.34%).

Price Target: $3.75 (+449.45%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.00	$3.75	$3.75	$4.50
Change	+339.56%	+449.45%	+449.45%	+559.34%

* Price targets were last updated on May 4, 2026.

Analyst Ratings

The average analyst rating for Upland Software stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '25	Nov '25	Dec '25	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	1	1	1
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Berg Needham	Needham	Buy Maintains $4.5	Buy	Maintains	$4.5	+559.34%	May 4, 2026
David Hynes Canaccord Genuity	Canaccord Genuity	Buy Maintains $5 → $3	Buy	Maintains	$5 → $3	+339.56%	Mar 4, 2026

Financial Forecast

Revenue This Year

198.50M

from 216.88M

-8.47%

from 216.88M

Revenue Next Year

201.58M

from 198.50M

1.55%

from 198.50M

EPS This Year

0.71

from 0.92

-22.83%

from 0.92

EPS Next Year

0.79

from 0.71

10.56%

from 0.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	302.02M	317.30M	297.85M	274.79M	216.88M	198.50M
Revenue Growth	3.51%	5.06%	-6.13%	-7.74%	-21.08%	-8.47%
Gross Profit	202.56M	213.56M	201.49M	193.70M	162.12M	149.27M
Gross Margin	67.07%	67.31%	67.65%	70.49%	74.75%	75.20%
Operating Income	-7.14M	-6.17M	-32.10M	-15.05M	16.62M	26.10M
Net Income	-58.21M	-68.41M	-179.87M	-112.73M	-38.90M	2.67M
EPS	-	-	-	-	0.92	0.71
EPS Growth	-	-	-	-	-24.59%	-22.83%
Forward PE	9.99	5.00	5.52	5.28	1.97	0.96
Free Cash Flow	118.87M	83.34M	64.29M	59.31M	33.66M	20.00M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	200.0M
Avg	198.5M
Low	197.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-7.8%
Avg	-8.5%
Low	-9.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.71
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-22.8%
Low	-