Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
15.63
-1.13 (-6.74%)
At close: Feb 21, 2025, 4:00 PM
15.69
+0.06 (0.38%)
After-hours: Feb 21, 2025, 7:10 PM EST

Upwork Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Upwork stock have an average target of 18.83, with a low estimate of 16 and a high estimate of 24. The average target predicts an increase of 20.47% from the current stock price of 15.63.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $16 $18.83 $19 $24
Change +2.37% +20.47% +21.56% +53.55%

Analyst Ratings

The average analyst rating for Upwork stock from 12 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 666666
Buy 222233
Hold 333333
Sell 000000
Strong Sell 000000
Total 111111111212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$20$19
Strong Buy Maintains $20$19 +21.56% Feb 13, 2025
RBC Capital
RBC Capital
Hold
Maintains
$16$18
Hold Maintains $16$18 +15.16% Feb 13, 2025
UBS
UBS
Hold
Maintains
$18$19
Hold Maintains $18$19 +21.56% Feb 13, 2025
Needham
Needham
Strong Buy
Maintains
$17$19
Strong Buy Maintains $17$19 +21.56% Feb 13, 2025
JMP Securities
JMP Securities
Buy
Reiterates
$18
Buy Reiterates $18 +15.16% Jan 30, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
785.40M
from 769.33M
Increased by 2.09%
Revenue Next Year
845.93M
from 785.40M
Increased by 7.71%
EPS This Year
1.15
from 1.52
Decreased by -24.60%
EPS Next Year
1.37
from 1.15
Increased by 19.48%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
373.63M502.80M618.32M689.14M769.33M785.40M845.93M973.59M
Revenue Growth
24.31%34.57%22.98%11.45%11.64%2.09%7.71%15.09%
EPS
-0.19-0.44-0.690.061.521.151.371.59
EPS Growth
----2,286.76%-24.60%19.48%16.08%
Forward PE
-----13.6211.409.82
No. Analysts -----12115
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 864.2M 928.6M 1.0B
Avg 785.4M 845.9M 973.6M
Low 727.3M 774.2M 935.4M

Revenue Growth

Revenue Growth 20252026202720282029
High
12.3%
18.2%
18.4%
Avg
2.1%
7.7%
15.1%
Low
-5.5%
-1.4%
10.6%

EPS Forecast

EPS 20252026202720282029
High 1.29 1.61 1.77
Avg 1.15 1.37 1.59
Low 1.03 1.19 1.36

EPS Growth

EPS Growth 20252026202720282029
High
-14.9%
40.0%
29.5%
Avg
-24.6%
19.5%
16.1%
Low
-32.4%
3.4%
-0.6%
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.