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Upwork Inc. (UPWK)

NASDAQ: UPWK · IEX Real-Time Price · USD
59.33 2.39 (4.20%)
Oct 21, 2021 3:59 PM EDT - Market closed
Market Cap7.27B
Revenue (ttm)440.70M
Net Income (ttm)-26.20M
Shares Out126.74M
EPS (ttm)-0.21
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,384,685
Open56.83
Previous Close56.94
Day's Range56.67 - 59.70
52-Week Range18.20 - 64.49
Beta1.91
AnalystsBuy
Price Target66.50 (+12.1%)
Est. Earnings DateNov 3, 2021

About UPWK

Upwork Inc., together with its subsidiaries, operates an online talent marketplace that enables businesses to find and work with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its platform also enables clients to streamline workflows, such as tale...

IndustryProfessional Services
IPO DateOct 3, 2018
Employees540
Stock ExchangeNASDAQ
Ticker SymbolUPWK
Full Company Profile

Financial Performance

In 2020, Upwork's revenue was $373.63 million, an increase of 24.31% compared to the previous year's $300.56 million. Losses were -$22.87 million, 37.3% more than in 2019.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for Upwork stock is "Buy." The 12-month stock price forecast is 66.50, which is an increase of 12.08% from the latest price.

Price Target
$66.50
(12.08% upside)
Analyst Consensus: Buy

News

Upwork (UPWK) Earnings Expected to Grow: Should You Buy?

Upwork (UPWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

23 hours ago - Zacks Investment Research

3 Red-Hot Stocks That Could Continue to Beat the Market

Winners can keep on winning. These three stocks have strong momentum and room to run.

Other symbols:ASANUPST
1 week ago - The Motley Fool

BofA Initiates Upwork At Buy On Shift To Remote Workforce

Upwork Inc (NASDAQ:UPWK) is well-positioned to benefit from the pandemic-driven shift to remote teams with and freelancing becoming “an increasingly larger portion of the overall workforce,” according t...

2 weeks ago - Benzinga

Upwork to Report Third Quarter 2021 Financial Results on October 27, 2021

SAN FRANCISCO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume ...

3 weeks ago - GlobeNewsWire

Business Use of Freelancers Accelerates Amidst the Pandemic, Finds Upwork Report

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today released a new research report, the “Future Workforce Pul...

3 weeks ago - Business Wire

Got $3,000? These Stocks Could Double Your Money by 2030

These companies are building the future of the workplace.

Other symbols:SMAR
1 month ago - The Motley Fool

Upwork Has Assets In Place For Huge Market, Needham Says

Although Upwork Inc (NASDAQ:UPWK) has an industry-leading Gross Services Volume (GSV) of $2.5 billion, it is only “scratching the surface” of a total addressable market that is estimated at a whopping $...

1 month ago - Benzinga

Upwork and Budweiser Unveil Limited-Edition Labor Day Cans

SAN FRANCISCO--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, and Budweiser today unveiled the winning Labor Day can packagin...

1 month ago - Business Wire

Upwork to Present Upcoming Investor Conferences

Events to be Webcast on the Upwork Investor Relations Website Events to be Webcast on the Upwork Investor Relations Website

2 months ago - GlobeNewsWire

What's Going on With Pinterest, Upwork, and Microsoft?

It's earnings season and we're catching up on new results from some heavily followed stocks.

Other symbols:MSFTPINS
2 months ago - The Motley Fool

Upwork Appoints Saty Bahadur as Chief Technology Officer

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (NASDAQ: UPWK), the world's work marketplace that connects businesses with independent talent, today announced that Saty Bahadur has joined the company as its new ...

2 months ago - Business Wire

Upwork Announces Pricing of Offering of $500.0 Million of 0.25% Convertible Senior Notes Due 2026

SAN FRANCISCO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (“Upwork”) (Nasdaq: UPWK) today announced that it has priced $500.0 million aggregate principal amount of 0.25% convertible senior notes due ...

2 months ago - GlobeNewsWire

Upwork To Raise $500M Via Convertible Senior Notes Private Offering

Upwork Inc (NASDAQ: UPWK) plans to offer $500 million of convertible senior notes due 2026 in a private placement. Upwork also intends to grant the initial purchasers an option to purchase up to an addi...

2 months ago - Benzinga

Upwork Announces Proposed Private Offering of $500.0 Million of Convertible Senior Notes Due 2026

SAN FRANCISCO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (“Upwork”) (Nasdaq: UPWK) today announced that it proposes to offer $500 million aggregate principal amount of convertible senior notes due 2...

2 months ago - GlobeNewsWire

Up to 10 Million Americans Turn to Freelancing Amid The Great Resignation, Upwork Report Finds

SAN FRANCISCO,--(BUSINESS WIRE)--Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, today released a new research report, “The Great Resignation: From Full-time to Freelance,” which explores why ...

2 months ago - Business Wire

Upwork CEO on how Covid has changed the future of work

Upwork CEO and President Hayden Brown joins 'Power Lunch' to discuss the future of work and the demographics of those involved in remote work.

2 months ago - CNBC Television

Are High-Growth Stocks in Danger of Big Declines?

Markets were broadly lower, but some former darlings of the market did quite a bit worse.

Other symbols:ZEN
2 months ago - The Motley Fool

UPWK Stock: Why Upwork Shares Are Falling Down Today

Upwork (UPWK) stock is falling hard on Friday following the release of the freelancing platform's earnings report for Q2 2021. The post UPWK Stock: Why Upwork Shares Are Falling Down Today appeared firs...

2 months ago - InvestorPlace

Why Upwork Stock Got Crushed on Friday

Disappointing earnings results weighed on the company.

2 months ago - The Motley Fool

Upwork (UPWK) Reports Q2 Loss, Tops Revenue Estimates

Upwork (UPWK) delivered earnings and revenue surprises of -18.18% and 2.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Recap: Upwork Q2 Earnings

Shares of Upwork (NASDAQ:UPWK) fell 4.0% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 133.33% over the past year to $0.03, which beat the esti...

2 months ago - Benzinga

Upwork Reports Second Quarter 2021 Financial Results

SAN FRANCISCO, July 29, 2021 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent, as measured by gross services volume (...

2 months ago - GlobeNewsWire

Upwork Recognized as Market Leader in Ardent Partners 2021 Digital Staffing Marketplaces Technology Advisor Report

SAN FRANCISCO--(BUSINESS WIRE)--Upwork (NASDAQ: UPWK), the world's work marketplace that connects businesses with independent talent, today announced that the company has been selected as a Market Leade...

2 months ago - Business Wire

Analysts Estimate Upwork (UPWK) to Report a Decline in Earnings: What to Look Out for

Upwork (UPWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

YT: My Take: 3 Stocks to Keep an Eye on During the Next Red Day

These three growth stocks could be presenting long-term investors with buying opportunities.

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3 months ago - The Motley Fool