NASDAQ:UPWK
Upwork (UPWK-Q)
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Apr 16, 2025, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Upwork (UPWK-Q) is gaining notable attention from analysts, particularly due to its impressive annual sales growth of 168% over three years. The platform serves as a marketplace for freelancers, capitalizing on the evolving gig economy. Analysts appreciate the company's increasing cash reserves and its stock buyback strategy, which indicate a strong financial position. With a price-to-earnings ratio below 2x and a compelling return on equity (ROE) of 45%, Upwork is positioned for potential growth. Experts recommend a stop-loss at $11 with an optimistic price target of $19, reflecting a potential upside of around 33%, despite the lack of dividends at this time.
Premium contentPremium contentUPWK is an online platform for freelancers which has seen a three annual sales increase of 168%. We like that cash reserves are growing, while shares are bought back. It trades at under 2x earnings and supports a 45% ROE. We recommend setting a stop-loss at $11, looking to achieve $19 — upside potential of 33%. Yield 0%
(Analysts’ price target is $19.60)The outlook for 2024 looks solid, forecasting growth of 13.77% in revenues and EPS growth of 41%. UPWK does have appear to have an extensive focus on AI and integrating it into the company's business processes while also connecting AI professionals to comapnies. Numerous banks have upgraded UPWK's price target. UPWK's most recent quarter was very strong, but it was the company's first time reaching positive EPS, so we would want to see if this can be maintained going forward. The valuation is at 22.0x forward earnings which is expensive but we think another strong quarter will push momentum even higher. For small cap investors we think it is attractive.
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Upwork (UPWK-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Upwork (UPWK-Q) Frequently Asked Questions
What is Upwork stock symbol?
Upwork is a American stock, trading under the symbol UPWK-Q on the NASDAQ (UPWK). It is usually referred to as NASDAQ:UPWK or UPWK-Q
Is Upwork a buy or a sell?
In the last year, 1 stock analyst published opinions about UPWK-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Upwork .
Is Upwork a good investment or a top pick?
Upwork was recommended as a Top Pick by on . Read the latest stock experts ratings for Upwork .
Why is Upwork stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Upwork worth watching?
1 stock analyst on Stockchase covered Upwork In the last year. It is a trending stock that is worth watching.
What is Upwork stock price?
On 2025-06-24, Upwork (UPWK-Q) stock closed at a price of $13.33.
We reiterate UPWK as a TOP PICK. EPS growth over the past three years has been impressive, while the company supports a robust 49% ROE. It trades at 13x earnings and 3x book. Cash reserves continue to grow as shares are bought back. We continue to recommend a stop at $13, looking to achieve $19 -- upside potential of 22%. Yield 0%
(Analysts’ price target is $19.10)