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Upwork (UPWK) Stock Forecast & Price Target

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$16.74 +0.18 (+1.09%)
(As of 12/24/2024 05:19 PM ET)

Upwork - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
8

Based on 11 Wall Street analysts who have issued ratings for Upwork in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 3 have given a hold rating, and 8 have given a buy rating for UPWK.

Consensus Price Target

$18.36
9.70% Upside
According to the 11 analysts' twelve-month price targets for Upwork, the average price target is $18.36. The highest price target for UPWK is $24.00, while the lowest price target for UPWK is $11.00. The average price target represents a forecasted upside of 9.70% from the current price of $16.74.
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UPWK Analyst Ratings Over Time

TypeCurrent Forecast
12/26/23 to 12/25/24
1 Month Ago
11/26/23 to 11/25/24
3 Months Ago
9/27/23 to 9/26/24
1 Year Ago
12/26/22 to 12/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$18.36$17.00$15.27$15.10
Forecasted Upside9.70% Upside1.80% Upside48.14% Upside-1.18% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

UPWK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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UPWK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Upwork Stock vs. The Competition

TypeUpworkComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.73
2.68
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.70% Upside272.42% Upside13.49% Upside
News Sentiment Rating
Neutral News

See Recent UPWK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/4/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$17.00 ➝ $18.00+3.51%
11/29/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$11.00 ➝ $19.00+12.16%
11/7/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$15.00 ➝ $18.00+9.82%
11/7/2024BTIG Research
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 Boost TargetBuy ➝ Buy$14.00 ➝ $16.00-2.38%
11/7/2024JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$14.00 ➝ $18.00+10.57%
11/7/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$21.00 ➝ $24.00+44.40%
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11/7/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$13.00 ➝ $20.00+16.69%
11/7/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$13.00 ➝ $18.00+7.08%
8/8/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$15.00 ➝ $11.00+17.40%
5/15/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$20.00+62.21%
1/8/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$13.00 ➝ $20.00+42.35%
5/4/2023888
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 Reiterated RatingMaintains
5/4/2023Bank of America
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 DowngradeBuy ➝ Neutral$9.00+10.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:50 PM ET.


UPWK Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Upwork is $18.36, with a high forecast of $24.00 and a low forecast of $11.00.

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Upwork in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" UPWK shares.

According to analysts, Upwork's stock has a predicted upside of 9.70% based on their 12-month stock forecasts.

Upwork has been rated by research analysts at BTIG Research, Canaccord Genuity Group, Citigroup, JMP Securities, Piper Sandler, Roth Mkm, The Goldman Sachs Group, and UBS Group in the past 90 days.

Analysts like Upwork more than other "computer and technology" companies. The consensus rating score for Upwork is 2.73 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how UPWK compares to other companies.


This page (NASDAQ:UPWK) was last updated on 12/25/2024 by MarketBeat.com Staff
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