Upwork Inc. (UPWK)

NASDAQ: UPWK · Real-Time Price · USD
13.73
-0.10 (-0.72%)
At close: Jun 16, 2025, 4:00 PM
13.66
-0.07 (-0.52%)
After-hours: Jun 16, 2025, 7:58 PM EDT
-0.72%
Market Cap 1.81B
Revenue (ttm) 771.09M
Net Income (ttm) 234.87M
Shares Out 131.59M
EPS (ttm) 1.66
PE Ratio 8.28
Forward PE 11.50
Dividend n/a
Ex-Dividend Date n/a
Volume 2,355,567
Open 14.05
Previous Close 13.83
Day's Range 13.67 - 14.05
52-Week Range 8.43 - 18.14
Beta 1.43
Analysts Buy
Price Target 18.77 (+36.71%)
Earnings Date Aug 6, 2025

About UPWK

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company’s work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as tal... [Read more]

IPO Date Oct 3, 2018
Employees 600
Stock Exchange NASDAQ
Ticker Symbol UPWK
Full Company Profile

Financial Performance

In 2024, Upwork's revenue was $769.33 million, an increase of 11.64% compared to the previous year's $689.14 million. Earnings were $215.59 million, an increase of 359.80%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for UPWK stock is "Buy." The 12-month stock price forecast is $18.77, which is an increase of 36.71% from the latest price.

Price Target
$18.77
(36.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Upwork Announces Board Refreshment, Adding Strategic Expertise to Support Next Chapter of Growth

Dana Evan & Glenn Kelman join Upwork's Board of Directors, bringing deep operational experience in financial strategy, market leadership, & platform scale

10 days ago - GlobeNewsWire

Upwork stock price risky pattern points to a 30% crash

The Upwork stock price has pulled back in the past few days as investors assessed its growth trajectory. UPWK dropped to a low of $15.6 on Thursday, its lowest level since May 6, and 13% below its hig...

17 days ago - Invezz

Upwork: Profits Surge, Upside Remains

Upwork had a stellar Q1'25, with significant margins improvements and raising their adjusted EBITDA guidance. While many thought AI would be a threat to a significant part of Upwork's talent pool, tha...

5 weeks ago - Seeking Alpha

Upwork: With Near Zero Growth, It's Time To Sell The Post-Earnings Spike (Downgrade)

Upwork raised its bottom-line outlook amid a tough climate, causing a 20% rally, but I recommend selling due to long-term risks. Revenue growth is slowing to near-zero, with declining active clients, ...

5 weeks ago - Seeking Alpha

Upwork CEO: Freelance sector seeing strength and market share gains in latest quarter

Hayden Brown, Upwork president and CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, the kinds of jobs looking for Upwork's services, and much more.

5 weeks ago - CNBC Television

Upwork Inc. (UPWK) Q1 2025 Earnings Call Transcript

Upwork Inc. (NASDAQ:UPWK) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Samuel Meehan - VP, IR Hayden Brown - President and CEO Erica Gessert - CFO Conference Call Part...

6 weeks ago - Seeking Alpha

Upwork Reports First Quarter 2025 Financial Results

Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA margin Reite...

6 weeks ago - GlobeNewsWire

Upwork Study Finds 1 in 4 U.S. Skilled Knowledge Workers Now Work Independently, Generating $1.5 Trillion in Earnings

PALO ALTO, Calif., April 23, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today unveiled its inaugural Future Wo...

7 weeks ago - GlobeNewsWire

Upwork Named to Fast Company's Most Innovative Companies of 2025

PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- U pwork (NASDAQ: UPWK), the world's work marketplace, today announced that it has been recognized by Fast Company as one of the Most Innovative Co...

3 months ago - GlobeNewsWire

Upwork to Present at The Citizens JMP Technology Conference

PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today anno...

4 months ago - GlobeNewsWire

Wake Up, It's Time For A Business Plan - Reiterating Buy On Upwork

Upwork Inc.'s Q4 beats were driven by enterprises, and I expect to see this happen again. I think the enterprise segment has strong potential to drive Upwork's next leg of growth as it captures a high...

4 months ago - Seeking Alpha

Upwork: Impressive Profit Growth, But The Longer Term Is Shaky

Upwork's Q4 earnings showcased profitability, but AI poses long-term risks, making me remain neutral on its prospects despite a recent stock rally. Upwork's AI-related GSV grew 33% y/y, but overall re...

4 months ago - Seeking Alpha

Upwork Gains On AI And Enterprise Growth, But Analysts See Macro Challenges Limiting Upside

Upwork Inc. UPWK shares are trading higher on Thursday.

4 months ago - Benzinga

Upwork: Demand for AI Talent Drove Record Revenue in 2024

Work marketplace Upwork earned record revenue in 2024 and attributed its gains in part to artificial intelligence (AI). In an earnings release and other materials issued Wednesday (Feb. 12), the compa...

4 months ago - PYMNTS

Upwork Inc. (UPWK) Q4 2024 Earnings Call Transcript

Upwork Inc. (NASDAQ:UPWK) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Samuel Meehan - VP, IR Hayden Brown - President and CEO Erica Gessert - CFO Conference Cal...

4 months ago - Seeking Alpha

Upwork Reports Fourth Quarter and Full Year 2024 Financial Results

Achieves record revenue, GAAP net income 1 and adjusted EBITDA 2,3 for the fourth quarter and full year 2024 Fourth-quarter revenue of $191.5 million and GAAP net income 1 of $147.2 million Fourth-qua...

4 months ago - GlobeNewsWire

Upwork: Operational Improvements And Labor Conditions Could Propel This One Higher

Upwork, the Coivd-era darling, has dropped from $60 per share to $16 on macro conditions and the threat of AI. I estimate 50% upside from current levels. Upworks model has significant potential for op...

4 months ago - Seeking Alpha

Upwork to Report Fourth Quarter and Full Year 2024 Financial Results on February 12, 2025

PALO ALTO, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today anno...

5 months ago - GlobeNewsWire

Upwork Unveils 2025's Most In-Demand Skills

PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today released its annual In-Demand Ski...

5 months ago - GlobeNewsWire

5 Growth Stocks For 2025

My 2024 picks outperformed the market, but growth stocks are volatile; a 10-year investment horizon is essential for success. For 2025, I recommend SoFi Technologies, Galaxy Digital, Upwork, Kinsale C...

5 months ago - Seeking Alpha

Upwork stock price hits resistance as it faces key challenge

Upwork's stock price recovered in the fourth quarter after publishing encouraging financial results that showed that its business was still growing. The UPWK stock jumped to a high of $18, it highest ...

5 months ago - Invezz

Upwork to Present at 27th Annual Needham Growth Conference

SAN FRANCISCO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...

5 months ago - GlobeNewsWire

Best Job Posting Site (2025): Upwork Named Top Job Posting Site for Employers by Consumer365

Boston, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Consumer365, a trusted authority on technology and business insights, has recognized Upwork as the top job posting site for employers in 2025. This distinctio...

6 months ago - GlobeNewsWire

Upwork: Disciplined Cost Reduction, Platform Improvements - Buy

I'm initiating Upwork with a buy, as I'm convinced by management's surgical approach to reducing costs while boosting profitability next year. The way I see it, Upwork has three things that'll work in...

7 months ago - Seeking Alpha

Upwork to Present at UBS Global Technology and AI Conference

SAN FRANCISCO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today announce...

7 months ago - GlobeNewsWire