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UPWK Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
8.850
Open
7.650
VWAP
8.37
Vol
26.58M
Mkt Cap
1.31B
Low
7.440
Amount
222.44M
EV/EBITDA(TTM)
5.52
Total Shares
123.42M
EV
869.93M
EV/OCF(TTM)
3.71
P/S(TTM)
1.55
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 and client feedback from the marketplace platform. 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 end-to-end project delivery solution.
Show More

Events Timeline

(ET)
2026-05-07
17:10:00
Upwork Announces 24% Workforce Reduction for Restructuring
select
2026-05-07
17:10:00
Upwork Q1 Revenue at $195.5M, Below Consensus
select
2026-05-07
17:10:00
Sees FY26 Revenue at $760M-$790M
select
2026-05-07
17:10:00
Company Sees Q2 Revenue of $187M-$193M
select

News

CNBC
2.0
05-08CNBC
Fluence Energy Shares Soar Nearly 30% After Upgrades
  • Fluence Energy Surge: Fluence Energy's stock soared nearly 30% after its fiscal second-quarter EBITDA exceeded Wall Street estimates, following a prior session surge of about 40%, indicating strong market confidence in its growth potential and attracting more investor interest.
  • Corpay Raises Guidance: Corpay shares jumped 10% after the company raised its full-year earnings guidance to a range of $26.30 to $27.10 per share, surpassing analyst expectations of $26.05, reflecting robust performance in the corporate payments sector and potentially increasing market share.
  • Akamai Technologies Rises: Akamai's stock surged 20% after securing an $1.8 billion commitment from a leading U.S. frontier model provider for its Cloud Infrastructure Services, indicating strong demand in the market, while also reporting a first-quarter adjusted earnings beat that bolstered investor confidence.
  • Upwork Restructuring Impact: Upwork's shares tumbled 21% following its announcement of a 24% workforce reduction to ensure profitability, despite slightly lower-than-expected first-quarter earnings and revenue, which may affect its future competitive position and investor sentiment.
CNBC
2.0
05-08CNBC
Akamai Technologies Shares Surge 27% on $1.8 Billion Commitment
  • Akamai Stock Surge: Shares of Akamai Technologies soared 27% after a leading U.S. frontier model provider committed to a $1.8 billion investment over seven years for its Cloud Infrastructure Services, enhancing market confidence and potentially driving future revenue growth.
  • CoreWeave Revenue Guidance Miss: CoreWeave's second-quarter revenue guidance of $2.45 billion to $2.6 billion, with a midpoint of $2.53 billion, fell short of Wall Street's $2.69 billion expectation, resulting in a 7% stock decline, reflecting market concerns about its growth outlook.
  • Microchip Earnings Beat: Microchip Technology's stock rose 3% following a fiscal fourth-quarter report that exceeded earnings and revenue expectations, with projected first-quarter revenue between $1.44 billion and nearly $1.47 billion, indicating strong performance in the semiconductor sector.
  • Upwork Restructuring Plan: Upwork's announcement of a 24% workforce reduction to maintain profitability led to a 23% drop in its stock price, despite slightly lower-than-expected first-quarter earnings and revenue, showcasing the company's strategic response to evolving market conditions.
stocktwits
4.5
05-08stocktwits
Middle East Tensions Ease as Investors Await Jobs Data
  • Middle East Stability: President Trump confirmed that the ceasefire with Iran remains intact despite naval tensions in the Strait of Hormuz, which has boosted market sentiment as investors remain optimistic about upcoming economic data.
  • Nasdaq Futures Rise: As of 4:00 a.m. ET Friday, Nasdaq futures gained 0.6% and S&P 500 futures rose 0.3%, indicating investor optimism ahead of the highly anticipated jobs data, which could further propel the stock market.
  • Nvidia and Iren Partnership: Iren's stock surged 9% after securing a massive $3.4 billion AI cloud contract with Nvidia, overshadowing a revenue miss in Q3, demonstrating the ongoing enthusiasm for investments in the AI sector.
  • Cloudflare Layoffs Impact: Cloudflare announced a 20% workforce reduction and lowered its Q2 guidance, leading to a 17% drop in its stock during premarket trading, reflecting market concerns about its future growth prospects.
NASDAQ.COM
9.5
05-08NASDAQ.COM
Upwork Reports Decline in Q1 Earnings
  • Earnings Decline: Upwork's Q1 net income fell to $31.46 million, or $0.24 per share, down from $37.73 million and $0.27 per share last year, indicating pressure on the company's profitability.
  • Adjusted Earnings: Excluding items, Upwork reported adjusted earnings of $47.31 million, or $0.35 per share, which, while lower than last year, still demonstrates some resilience in profitability.
  • Revenue Growth: The company's revenue for Q1 was $195.48 million, a 1.4% increase from $192.71 million last year, suggesting that Upwork can achieve modest growth despite a competitive market.
  • Future Guidance: Upwork's guidance for next quarter's EPS is set at $0.35 to $0.37, with full-year EPS guidance of $1.50 to $1.55, reflecting a cautiously optimistic outlook for future performance.
seekingalpha
5.0
05-07seekingalpha
Upwork Announces 24% Workforce Reduction for Restructuring
  • Workforce Reduction: Upwork announced a plan to reduce its workforce by approximately 24% to adapt to the evolving nature of work and establish a more efficient operating model, thereby positioning itself for future profitable growth.
  • Restructuring Charges: The company estimates that the restructuring will incur pre-tax charges between $16 million and $23 million, with most of these charges expected to be cash expenditures recognized over the next two quarters, primarily in the second quarter of 2026.
  • Earnings Report: Upwork's first-quarter revenue reached $195.48 million, reflecting a 1.4% year-over-year increase, but fell short of consensus estimates, resulting in an over 18% decline in share price during after-hours trading.
  • Guidance Outlook: The company issued a revenue forecast for the current quarter that is below market expectations, indicating the challenges and pressures Upwork faces in an uncertain economic environment.
stocktwits
2.0
05-07stocktwits
Celsius, Domino's, and Upwork Stocks Plunge to New Lows
  • Celsius Stock Decline: Celsius Holdings' stock fell to a 52-week low of $31.80, closing down over 2% on Wednesday, as skepticism about its international expansion prospects intensified ahead of its earnings report expected on Thursday, leading to weak investor sentiment.
  • Domino's Earnings Miss: Domino's Pizza stock sank to a new low of $322.17, with Q1 earnings per share of $4.13 and revenue of $1.15 billion both missing expectations, raising concerns about declining consumer demand and increased competition in the fast-food sector.
  • Upwork Under Pressure: Upwork shares dropped to a fresh 52-week low of $10.02 amid slowing hiring demand and fierce competition from AI developments, with 2026 revenue guidance falling short of analyst expectations, prompting continued investor pullback.
  • Market Sentiment Shift: While retail sentiment for Celsius and Upwork improved on Stocktwits, overall market confidence in these three companies remains fragile, reflecting widespread concerns about future growth prospects.
Wall Street analysts forecast UPWK stock price to rise
11 Analyst Rating
Wall Street analysts forecast UPWK stock price to rise
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
15.00
Averages
22.10
High
27.00
Current: 0.000
sliders
Low
15.00
Averages
22.10
High
27.00
Scotiabank
Sector Perform
downgrade
$15 -> $10
AI Analysis
2026-05-08
New
Reason
Scotiabank
Price Target
$15 -> $10
AI Analysis
2026-05-08
New
downgrade
Sector Perform
Reason
Scotiabank lowered the firm's price target on Upwork to $10 from $15 and keeps a Sector Perform rating on the shares. The company posted impressive expense discipline, but a lack of revenue growth is weighing on the narrative.
Needham
Buy
to
Buy
downgrade
$25 -> $15
2026-05-08
New
Reason
Needham
Price Target
$25 -> $15
2026-05-08
New
downgrade
Buy
to
Buy
Reason
Needham lowered the firm's price target on Upwork to $15 from $25 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for UPWK
Unlock Now

Valuation Metrics

The current forward P/E ratio for Upwork Inc (UPWK.O) is 7.36, compared to its 5-year average forward P/E of -14.28. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-14.28
Current PE
7.36
Overvalued PE
182.56
Undervalued PE
-211.13

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
27.87
Current EV/EBITDA
8.54
Overvalued EV/EBITDA
274.34
Undervalued EV/EBITDA
-218.60

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.73
Current PS
1.37
Overvalued PS
6.69
Undervalued PS
0.78

Financials

AI Analysis
Annual
Quarterly

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Whales Holding UPWK

S
Summit Partners Public Asset Management, LLC
Holding
UPWK
+29.34%
3M Return
G
Grandeur Peak Global Advisors, LLC
Holding
UPWK
+20.49%
3M Return
P
Portolan Capital Management, LLC
Holding
UPWK
+16.97%
3M Return
I
Invenomic Capital Management LP
Holding
UPWK
+12.70%
3M Return

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Frequently Asked Questions

What is Upwork Inc (UPWK) stock price today?

The current price of UPWK is 8.82 USD — it has decreased -16.87

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 and client feedback from the marketplace platform. 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 end-to-end project delivery solution.

What is the price predicton of UPWK Stock?

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 is22.10 USD with a low forecast of 15.00 USD and a high forecast of 27.00 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.

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

Upwork Inc revenue for the last quarter amounts to 195.48M USD, increased 1.44

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

Upwork Inc. EPS for the last quarter amounts to 0.23 USD, decreased -11.54

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

Upwork Inc (UPWK) has 630 emplpoyees as of May 11 2026.

What is Upwork Inc (UPWK) market cap?

Today UPWK has the market capitalization of 1.31B USD.