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NASDAQ:UPWK
Upwork (UPWK)
Financials 
Technical Analysis 
Jun 11, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Upwork (symbol: UPWK-Q) has recently undergone scrutiny from analysts, particularly following its status as a past top pick, as noted by Stockchase Research Editor, Michael O'Reilly. The stock has seen a significant decline of 12.1%, leading the editor to suggest triggering a stop loss at $13. This recommendation reflects a disciplined approach to investing, indicating a cautionary stance towards the stock's current performance and outlook. The overall sentiment seems to urge investors to consider covering their positions at this time to mitigate further potential losses. The shifts in Upwork's valuation and market sentiment underline the volatility and risks associated with its investment profile.
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Premium content
Premium contentWe 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)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) Frequently Asked Questions
What is Upwork stock symbol?
Upwork is a American stock, trading under the symbol UPWK (previously UPWK-Q on Stockchase) on the NASDAQ (UPWK). It is usually referred to as NASDAQ:UPWK or UPWK
Is Upwork a buy or a sell?
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on UPWK (previously UPWK-Q on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. 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 Jim Cramer - Mad Money on 2020-10-23. 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 Upwork .
Is Upwork worth watching?
Upwork is followed by 23 investors on Stockchase and is a trending stock that is worth watching.
What is Upwork stock price?
On 2026-06-12, Upwork (UPWK) stock closed at a price of $8.49.
Our PAST TOP PICK with UPWK has triggered its stop at $13. To remain disciplined we recommend covering the position at this time.