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Upwork (UPWK)
NASDAQ:UPWK
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UPWK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$8.43 - $18.14
Previous CloseN/A
Volume382.11K
Average Volume (3M)1.75M
Market Cap
$2.19B
Enterprise Value$1.22B
Total Cash (Recent Filing)$27.33M
Total Debt (Recent Filing)$13.97M
Price to Earnings (P/E)27.1
Beta1.59
Next Earnings
Feb 12, 2025EPS Estimate
0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.62
Shares Outstanding133,667,130
10 Day Avg. Volume2,062,136
30 Day Avg. Volume1,745,466
Standard Deviation0.20
R-Squared0.18
Alpha0.00561
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.87
Price to Cash Flow (P/CF)5.40
P/FCF Ratio5.60
Enterprise Value/Market Cap0.56
Enterprise Value/Revenue1.61
Enterprise Value/Gross Profit2.36
Enterprise Value/Ebitda29.28
Forecast
1Y Price Target
$18.91Price Target Upside11.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Upwork News
Bulls Say, Bears Say
Bulls Say
AI IntegrationUpwork is making steady progress across its AI roadmap, entering into a definitive agreement to acquire Objective, an AI search company.
Profitability OutlookProfitability as management reiterated its 5-year adj. EBITDA margin target of 35%.
Revenue GrowthUpwork's revenue increased in the low double-digits thanks to ongoing take rate expansion as ad products are seeing strong adoption.
Bears Say
Financial PerformanceCommentary on 4Q and '25E was worse than expected driving a -20% reduction in adjusted EBITDA targets.
Macroeconomic EnvironmentThe macroeconomic environment continues to pressure GSV trends.
Revenue And EarningsAdvertising revenue is expected to fall by 17% year-over-year.
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Ownership Overview
7.28% Insiders
27.38% Mutual Funds
0.45% Other Institutional Investors
50.00% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Upwork
Desktop Users
Mobile Users
UPWK FAQ
What was Upwork’s price range in the past 12 months?
Upwork lowest stock price was $8.43 and its highest was $18.14 in the past 12 months.
What is Upwork’s market cap?
Upwork’s market cap is $2.19B.
When is Upwork’s upcoming earnings report date?
Upwork’s upcoming earnings report date is Feb 12, 2025 which is in 22 days.
How were Upwork’s earnings last quarter?
Upwork released its earnings results on Nov 06, 2024. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.263 by $0.027.
Is Upwork overvalued?
According to Wall Street analysts Upwork’s price is currently Undervalued.
Does Upwork pay dividends?
Upwork does not currently pay dividends.
What is Upwork’s EPS estimate?
Upwork’s EPS estimate is 0.26.
How many shares outstanding does Upwork have?
Upwork has 133,667,130 shares outstanding.
What happened to Upwork’s price movement after its last earnings report?
Upwork reported an EPS of $0.29 in its last earnings report, beating expectations of $0.263. Following the earnings report the stock price went up 11.454%.
Which hedge fund is a major shareholder of Upwork?
Among the largest hedge funds holding Upwork’s share is First Pacific Advisors LLC. It holds Upwork’s shares valued at 1M.
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Upwork Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.91 (11.96% Upside)
$18.91 (11.96% Upside)
Blogger Sentiment
Bullish
UPWK Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 263.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.29%
12-Months-Change
Fundamentals
Return on Equity
22.75%
Trailing 12-Months
Asset Growth
10.53%
Trailing 12-Months
Company Description
Upwork
Upwork, Inc. operates an online marketplace that enables businesses to find, hire, and pay freelancers for short-term and longer-term projects. It provides managed services and marketplace offerings such as Upwork Standard, Upwork Enterprise, and Upwork Payroll. The company was founded in December 2013 and is headquartered in Mountain View, CA.
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UPWK Company Deck
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UPWK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Upwork reported strong financial performance with significant revenue growth and record profit margins, driven by AI-related initiatives and cost-efficiency measures. However, challenging macroeconomic conditions and an expected decline in GSV growth in the next quarter temper the positive achievements.Read More>---
UPWK Revenue Breakdown
85.05% Marketplace
14.95% Managed services
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UPWK Stock 12 Month Forecast
Average Price Target
$18.91
▲(11.96% Upside)
Technical Analysis
Best Analysts Covering UPWK
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+0.24%
reiterated a buy rating 3 months ago
Copying Andrew Boone's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +0.24% per trade.
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