NASDAQ:UPWK Upwork (UPWK) Stock Price, News & Analysis $11.03 +0.29 (+2.70%) (As of 07/3/2024 ET) Add Compare Share Share Today's Range$10.73▼$11.1050-Day Range$10.12▼$12.9952-Week Range$8.49▼$16.36Volume1.21 million shsAverage Volume1.68 million shsMarket Capitalization$1.47 billionP/E Ratio31.52Dividend YieldN/APrice Target$17.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Upwork MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside55.9% Upside$17.20 Price TargetShort InterestBearish12.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.80Based on 6 Articles This WeekInsider TradingSelling Shares$2.27 M Sold Last QuarterProj. Earnings Growth34.62%From $0.52 to $0.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.27 out of 5 starsComputer And Technology Sector115th out of 582 stocksData Processing & Preparation Industry7th out of 52 stocks 4.4 Analyst's Opinion Consensus RatingUpwork has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageUpwork has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Upwork's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted12.42% of the float of Upwork has been sold short.Short Interest Ratio / Days to CoverUpwork has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in Upwork has recently decreased by 0.47%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldUpwork does not currently pay a dividend.Dividend GrowthUpwork does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UPWK. Previous Next 2.7 News and Social Media Coverage News SentimentUpwork has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Upwork this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for UPWK on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows6 people have added Upwork to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Upwork insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,269,408.00 in company stock.Percentage Held by InsidersOnly 7.60% of the stock of Upwork is held by insiders.Percentage Held by Institutions77.71% of the stock of Upwork is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Upwork's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Upwork are expected to grow by 34.62% in the coming year, from $0.52 to $0.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Upwork is 31.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Upwork is 31.52, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 215.27.Price to Book Value per Share RatioUpwork has a P/B Ratio of 3.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Upwork's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsMassive July 4th Discount InsideTo celebrate this Independence Day, we've arranged a special deal for you... We've partnered with Behind the Markets to make sure YOU get access to an exclusive 90% off sale not being offered to the public.Claim your exclusive offer here>>> About Upwork Stock (NASDAQ:UPWK)Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Payroll and Upwork Enterprise, as well as managed and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.Read More UPWK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UPWK Stock News HeadlinesJune 30, 2024 | marketbeat.comUpwork Stock's Outlook: Numbers Solid Despite Gen-AI ChallengesUpwork NASDAQ: UPWK is a technology firm that operates as an online marketplace, connecting freelance workers and independent contractors with employers. In 2024, the stock price is down 29% due to fears that AI will eliminate many freelance jobs.June 30, 2024 | marketbeat.comUpwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges (UPWK)Upwork faces Gen-AI headwinds, causing the share price to trade down significantly recently. The firm is now profitable and should overcome these obstacles.July 4, 2024 | Digital Mavericks Media (Ad)1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income every month.June 25, 2024 | insidertrades.comInsider Selling: Upwork Inc. (NASDAQ:UPWK) CAO Sells 1,535 Shares of StockJuly 2 at 9:23 AM | americanbankingnews.comUpwork (NASDAQ:UPWK) Research Coverage Started at UBS GroupJune 28, 2024 | investorplace.comGet Ready for a Bullish Run: 3 Stocks Set to Rip in Coming MonthsJune 26, 2024 | investorplace.comThe 3 Smartest Russell 2000 Stocks to Buy with $500 Right NowJune 25, 2024 | fool.comBest Growth Stocks to Buy: Fiverr Stock vs. Upwork StockJuly 4, 2024 | Digital Mavericks Media (Ad)1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income every month.June 25, 2024 | americanbankingnews.comUpwork Inc. (NASDAQ:UPWK) VP Dave Bottoms Sells 5,684 SharesJune 24, 2024 | americanbankingnews.comUpwork Inc. (NASDAQ:UPWK) CFO Erica Gessert Sells 4,537 SharesJune 20, 2024 | investorplace.com3 Under $50 Stocks to Buy Now: June 2024June 20, 2024 | investorplace.com7 Underestimated Stocks Poised for an Underdog UprisingJune 14, 2024 | seekingalpha.comUpwork: Time To Buy This Stock As It Gains Share (Rating Upgrade)June 13, 2024 | investorplace.com3 Tech Stocks to Buy for the Next Bull Run: June 2024June 1, 2024 | fool.com1 Ridiculously Undervalued Stock Down 82% You Can Buy Now for $10May 29, 2024 | msn.comThe Best Country to Live Cheaply Outside the USMay 26, 2024 | insidermonkey.comSmall Cap Stocks: Are Analysts Bullish on Upwork Inc. (NASDAQ:UPWK)?May 21, 2024 | finance.yahoo.comWhat Does Upwork Inc.'s (NASDAQ:UPWK) Share Price Indicate?May 14, 2024 | finance.yahoo.comGen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork ResearchMay 9, 2024 | globenewswire.comUpwork to Present at the Needham Technology, Media & Consumer ConferenceMay 5, 2024 | seekingalpha.comUpwork: Made Significant Progress In Delivering Profitable GrowthMay 4, 2024 | investorplace.comShhh! 3 Secret Small-Cap Stocks Flying Below Wall Street's RadarMay 3, 2024 | msn.comUnusual Options Activity: 2 Stocks. 1 ETF. Big Money.May 3, 2024 | finance.yahoo.comIs Upwork Inc.'s (NASDAQ:UPWK) ROE Of 14% Impressive?May 2, 2024 | msn.comBTIG Upgrades Upwork (UPWK)May 2, 2024 | markets.businessinsider.comWhere Upwork Stands With AnalystsSee More Headlines Company Calendar Last Earnings5/01/2024Today7/04/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:UPWK CUSIPN/A CIK1627475 Webwww.upwork.com Phone(650) 316-7500FaxN/AEmployees800Year Founded2015Price Target and Rating Average Stock Price Target$17.20 High Stock Price Target$22.00 Low Stock Price Target$12.00 Potential Upside/Downside+55.9%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio31.52 Forward P/E Ratio21.21 P/E GrowthN/ANet Income$46.89 million Net Margins6.70% Pretax Margin7.05% Return on Equity13.96% Return on Assets4.90% Debt Debt-to-Equity Ratio1.02 Current Ratio2.93 Quick Ratio2.93 Sales & Book Value Annual Sales$689.14 million Price / Sales2.13 Cash Flow$0.36 per share Price / Cash Flow30.92 Book Value$2.80 per share Price / Book3.94Miscellaneous Outstanding Shares133,120,000Free Float123,001,000Market Cap$1.47 billion OptionableOptionable Beta1.57 Social Links Key ExecutivesMs. Hayden Brown (Age 42)President, CEO & Director Comp: $913.48kMs. Erica Gessert (Age 49)Chief Financial Officer Comp: $738.93kMr. Olivier Marie (Age 54)Chief Accounting Officer, Treasurer, Principal Accounting Officer & Controller Mr. David NiedermanVice President of Investor RelationsMr. Brian Levey (Age 56)Chief Business Affairs & Legal Officer and Corporate Secretary Ms. Melissa Waters (Age 47)Chief Marketing Officer Ms. Sunita Solao (Age 48)Chief People Officer Mr. Andrew RabinovichVP, Head of AI & Machine LearningPaul BlackVP of Engineering & Chief Information Security OfficerMore ExecutivesKey CompetitorsManpowerGroupNYSE:MANChindata GroupNASDAQ:CDInovalonNASDAQ:INOVPerspectaNYSE:PRSPPegasystemsNASDAQ:PEGAView All CompetitorsInsiders & InstitutionsErica GessertSold 4,537 sharesTotal: $46,368.14 ($10.22/share)Olivier MarieSold 1,535 sharesTotal: $15,687.70 ($10.22/share)Dave BottomsSold 5,684 sharesTotal: $58,090.48 ($10.22/share)Dave BottomsSold 1,163 sharesTotal: $12,548.77 ($10.79/share)Boston PartnersBought 112,881 shares on 5/28/2024Ownership: 0.085%View All Insider TransactionsView All Institutional Transactions UPWK Stock Analysis - Frequently Asked Questions Should I buy or sell Upwork stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UPWK shares. View UPWK analyst ratings or view top-rated stocks. What is Upwork's stock price target for 2024? 10 analysts have issued 1-year price targets for Upwork's shares. Their UPWK share price targets range from $12.00 to $22.00. On average, they anticipate the company's share price to reach $17.20 in the next twelve months. This suggests a possible upside of 55.9% from the stock's current price. View analysts price targets for UPWK or view top-rated stocks among Wall Street analysts. How have UPWK shares performed in 2024? Upwork's stock was trading at $14.87 at the beginning of 2024. Since then, UPWK stock has decreased by 25.8% and is now trading at $11.03. View the best growth stocks for 2024 here. When is Upwork's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our UPWK earnings forecast. How were Upwork's earnings last quarter? Upwork Inc. (NASDAQ:UPWK) announced its quarterly earnings data on Wednesday, May, 1st. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. The company earned $190.94 million during the quarter, compared to analysts' expectations of $186.71 million. Upwork had a trailing twelve-month return on equity of 13.96% and a net margin of 6.70%. What ETFs hold Upwork's stock? ETFs with the largest weight of Upwork (NASDAQ:UPWK) stock in their portfolio include Amplify Online Retail ETF (IBUY), SoFi Be Your Own Boss ETF (BYOB) and SoFi Be Your Own Boss ETF (GIGE).Gen Z ETF (ZGEN). What guidance has Upwork issued on next quarter's earnings? Upwork issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of 0.210-0.230 for the period, compared to the consensus EPS estimate of 0.200. The company issued revenue guidance of $190.0 million-$195.0 million, compared to the consensus revenue estimate of $192.0 million. What is Hayden Brown's approval rating as Upwork's CEO? 32 employees have rated Upwork Chief Executive Officer Hayden Brown on Glassdoor.com. Hayden Brown has an approval rating of 85% among the company's employees. What other stocks do shareholders of Upwork own? Based on aggregate information from My MarketBeat watchlists, some companies that other Upwork investors own include NVIDIA (NVDA), Shopify (SHOP), Advanced Micro Devices (AMD), Twilio (TWLO), Alibaba Group (BABA), Block (SQ), Zoom Video Communications (ZM), Trade Desk (TTD), DocuSign (DOCU) and Teladoc Health (TDOC). When did Upwork IPO? Upwork (UPWK) raised $135 million in an initial public offering on Wednesday, October 3rd 2018. The company issued 12,300,000 shares at $10.00-$12.00 per share. Citigroup, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Stifel and JMP Securities were co-managers. How do I buy shares of Upwork? Shares of UPWK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Upwork have any subsidiaries? The following companies are subsidiares of Upwork: Elance Inc, Elance Limited Inc, UPW Holdco Inc., Upwork Escrow Inc, Upwork Global Inc, Upwork Payments Inc., and Upwork Talent Group Inc.Read More This page (NASDAQ:UPWK) was last updated on 7/4/2024 by MarketBeat.com Staff From Our Partners1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. 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