Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
16.88
+0.43 (2.61%)
At close: May 9, 2025, 4:00 PM
16.87
-0.01 (-0.05%)
After-hours: May 9, 2025, 7:59 PM EDT
Upwork Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Upwork stock have an average target of 18.67, with a low estimate of 15 and a high estimate of 24. The average target predicts an increase of 10.60% from the current stock price of 16.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Upwork stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $18 | Hold | Reiterates | $18 | +6.64% | May 6, 2025 |
| Citigroup | Citigroup | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | +6.64% | May 6, 2025 |
| Needham | Needham | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +12.56% | May 6, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $21 → $20 | Strong Buy | Maintains | $21 → $20 | +18.48% | Apr 7, 2025 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 4, 2025 |
Financial Forecast
Revenue This Year
765.23M
from 769.33M
Decreased by -0.53%
Revenue Next Year
821.14M
from 765.23M
Increased by 7.31%
EPS This Year
1.09
from 1.52
Decreased by -28.26%
EPS Next Year
1.36
from 1.09
Increased by 24.28%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 797.6M | 892.0M | 992.9M | ||
| Avg | 765.2M | 821.1M | 895.3M | ||
| Low | 715.4M | 758.7M | 822.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.7% | 16.6% | 20.9% | ||
| Avg | -0.5% | 7.3% | 9.0% | ||
| Low | -7.0% | -0.9% | 0.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.15 | 1.61 | 1.77 | ||
| Avg | 1.09 | 1.36 | 1.51 | ||
| Low | 1.02 | 1.18 | 1.33 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -24.7% | 47.2% | 30.8% | ||
| Avg | -28.3% | 24.3% | 11.5% | ||
| Low | -33.0% | 7.7% | -1.8% |
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.