Upwork Inc. (UPWK)
NASDAQ: UPWK · IEX Real-Time Price · USD
11.44
+0.08 (0.70%)
At close: Jul 19, 2024, 4:00 PM
11.47
+0.03 (0.26%)
Pre-market: Jul 22, 2024, 7:19 AM EDT
Upwork Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Upwork stock have an average target of 17.2, with a low estimate of 12 and a high estimate of 22. The average target predicts an increase of 50.35% from the current stock price of 11.44.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Upwork stock from 10 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 5 | 5 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $18 → $12 | Hold | Initiates | $18 → $12 | +4.90% | Jul 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +66.08% | May 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +74.83% | May 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +74.83% | May 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $18 → $15 | Hold | Maintains | $18 → $15 | +31.12% | May 2, 2024 |
Financial Forecast
Revenue This Year
794.37M
from 689.14M
Increased by 15.27%
Revenue Next Year
879.72M
from 794.37M
Increased by 10.74%
EPS This Year
0.94
from 0.06
Increased by 1,459.75%
EPS Next Year
1.14
from 0.94
Increased by 22.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 821.5M | 963.2M | 1.0B | 1.2B |
| Avg | 794.4M | 879.7M | 970.5M | 1.1B |
| Low | 760.6M | 801.7M | 888.3M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 19.2% | 21.2% | 18.3% | 19.3% |
| Avg | 15.3% | 10.7% | 10.3% | 14.2% |
| Low | 10.4% | 0.9% | 1.0% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.99 | 1.36 | 1.73 | 1.66 |
| Avg | 0.94 | 1.14 | 1.44 | 1.61 |
| Low | 0.88 | 0.76 | 1.15 | 1.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1,545.0% | 45.0% | 51.0% | 14.8% |
| Avg | 1,459.8% | 22.2% | 26.3% | 11.6% |
| Low | 1,370.0% | -18.3% | 0.2% | 7.2% |
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.