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Upwork (UPWK-Q)
NASDAQ:UPWK
15.38
0.41
(2.74%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have a positive outlook for Upwork (UPWK), with forecasts of strong revenue and EPS growth in 2024. The company's extensive focus on AI and connecting AI professionals to companies is seen as a key strength. Despite an expensive valuation at 22.0x forward earnings, numerous banks have upgraded UPWK's price target. The recent strong quarter and positive EPS are encouraging, but sustained performance will be key for small cap investors.
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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 never recommended as a Top Pick on Stockchase. 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 2024-11-21, Upwork (UPWK-Q) stock closed at a price of $15.38.
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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