UPWK Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

197.25M

+3.01%

0.310

+3.47%

200.15M

+3.86%

0.332

-2.26%

206.91M

+6.14%

0.344

-1.83%

Estimates Revision

The market is revising Upward the revenue expectations for Upwork Inc. (UPWK) for FY2025, with the revenue forecasts being adjusted by 1.73% over the past three months. During the same period, the stock price has changed by 15.06%.

Revenue Estimates for FY2025

Revise Upward

+1.73%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+8.26%

In Past 3 Month

Stock Price

Go Up

+15.06%

In Past 3 Month

10 Analyst Rating

Wall Street analysts forecast UPWK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UPWK is 23.00 USD with a low forecast of 17.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

4 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

17.00

Averages

23.00

High

28.00

Current: 0.000

Low

17.00

Averages

23.00

High

28.00

Jefferies

Buy

maintain

$22 -> $27

2026-01-05

New

Reason

Jefferies

Price Target

$22 -> $27

2026-01-05

New

maintain

Buy

Reason

Jefferies raised the firm's price target on Upwork to $27 from $22 and keeps a Buy rating on the shares. The firm believes 2026 will be "another year of gradual AI monetization," but thinks more meaningful growth contribution and acceleration are needed to ease AI disintermediation fears, requiring more selectivity, the analyst tells investors in an outlook note on the software group. "While we remain confident that value will ultimately accrue to the software layer, investors may need to stay patient" with sector valuation back at historical average, the analyst added.

UBS

Joshua Chan

Buy

maintain

$23 -> $24

2025-11-19

Reason

UBS

Joshua Chan

Price Target

$23 -> $24

2025-11-19

maintain

Buy

Reason

UBS analyst Joshua Chan raised the firm's price target on Upwork to $24 from $23 and keeps a Buy rating on the shares. Upwork provided a strong 3-year outlook at its investor day event, the analyst tells investors in a research note.

Goldman Sachs

Buy

maintain

$25 -> $28

2025-11-19

Reason

Goldman Sachs

Price Target

$25 -> $28

2025-11-19

maintain

Buy

Reason

Goldman Sachs raised the firm's price target on Upwork to $28 from $25 and keeps a Buy rating on the shares. Upwork's Investor Day highlighted a revamped platform built around three growth pillars -- AI-driven workflows, accelerated SMB adoption, and a full-stack Enterprise offering -- aimed at capturing a $1.3T digital knowledge work market, the analyst tells investors in a research note. Management also introduced stronger 2025-2028 financial targets, including 7%-9% GSV CAGR, 13%-15% revenue CAGR, and 20% adjusted EBITDA CAGR, all above prior expectations.

Canaccord

Maria Ripps

Buy

maintain

$22 -> $24

2025-11-19

Reason

Canaccord

Maria Ripps

Price Target

$22 -> $24

2025-11-19

maintain

Buy

Reason

Canaccord analyst Maria Ripps raised the firm's price target on Upwork to $24 from $22 and keeps a Buy rating on the shares. The firm attended the company's investor day wherein much of the discussion centered around AI and its potential impact on the platform. Management addressed one of the key investor concerns about AI pressuring the job market and freelancer demand head on, providing compelling evidence that ongoing efforts to create a more AI-native marketplace are driving incremental GSV gains, and that demand for AI-specialized talent is growing as AI is increasingly embedded into daily workflows.

Roth Capital

Rohit Kulkarni

Buy

maintain

$19 -> $22

2025-11-05

Reason

Roth Capital

Rohit Kulkarni

Price Target

$19 -> $22

2025-11-05

maintain

Buy

Reason

Roth Capital analyst Rohit Kulkarni raised the firm's price target on Upwork to $22 from $19 and keeps a Buy rating on the shares. The company reported a clean beat in Q3 as GSV growth led to Revenue and EBITDA above Street estimates, the analyst tells investors in a research note. Q4 revenue guide implies accelerating growth and came clearly above the Street estimates while EBITDA guide bracketed expectations, the analyst tells investors in a research note.

UBS

Buy

maintain

$21 -> $23

2025-11-04

Reason

UBS

Price Target

$21 -> $23

2025-11-04

maintain

Buy

Reason

UBS raised the firm's price target on Upwork to $23 from $21 and keeps a Buy rating on the shares. Gross Services Volume inflected positively in Q3, with acceleration on tap for 2026, the analyst tells investors in a research note.

Valuation Metrics

The current forward P/E ratio for Upwork Inc (UPWK.O) is 14.62, compared to its 5-year average forward P/E of 30.61. For a more detailed relative valuation and DCF analysis to assess Upwork Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

30.61

Current PE

14.62

Overvalued PE

301.96

Undervalued PE

-240.75

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

45.09

Current EV/EBITDA

9.93

Overvalued EV/EBITDA

299.28

Undervalued EV/EBITDA

-209.10

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

4.37

Current PS

3.16

Overvalued PS

7.87

Undervalued PS

0.87

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 138.7% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

UPWK News & Events

Events Timeline

No data

News

7.5

2025-12-04Globenewswire

Upwork Reports 19% Rise in Human Resource Demand to Address AI Challenges

8.5

2025-11-25Newsfilter

Sandisk Replaces Interpublic in S&P 500 Index

8.5

2025-11-25NASDAQ.COM

Sandisk Corp. Set to Take Over Interpublic Group of Companies in S&P 500 Index

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Frequently Asked Questions

What is Upwork Inc (UPWK) stock price today?

The current price of UPWK is 20.05 USD — it has decreased -1.81 % in the last trading day.

What is Upwork Inc (UPWK)'s business?

Upwork Inc. operates a working marketplace, which connects businesses with independent talent. The Company's independent talent refers to the talent that includes independent professionals and agencies of varying sizes. The Company’s marketplace offerings are designed for clients looking to identify hiring. Its marketplace offerings provide clients with access to independent talent with verified work history on its work marketplace, as well as client feedback. They also receive perks, such as a verified client badge and highlighted job posts. Upwork Payroll is available to clients when they choose to work with talent that they engage through Upwork as employees. With Upwork Payroll, clients have access to third-party staffing providers to employ talent and meet their talent needs through its work marketplace. It offers two lines of service: managed services and enterprise solutions. Its managed services offer a service-led program management and full project lifecycle solution.

What is the price predicton of UPWK Stock?

What is Upwork Inc (UPWK)'s revenue for the last quarter?

Upwork Inc revenue for the last quarter amounts to 201.73M USD, increased 4.10 % YoY.

What is Upwork Inc (UPWK)'s earnings per share (EPS) for the last quarter?

Upwork Inc. EPS for the last quarter amounts to 0.21 USD, increased 5.00 % YoY.

What changes have occurred in the market's expectations for Upwork Inc (UPWK)'s fundamentals?

How many employees does Upwork Inc (UPWK). have?

Upwork Inc (UPWK) has 600 emplpoyees as of January 10 2026.

What is Upwork Inc (UPWK) market cap?

Today UPWK has the market capitalization of 2.62B USD.