Upwork (UPWK-Q)
NASDAQ:UPWK
12.93
0.20
(1.57%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Upwork (UPWK-Q) is an established online platform for freelancers, demonstrating impressive growth with a substantial annual sales increase of 168% over the past three years. The company's financial health appears robust, marked by an increase in cash reserves alongside share buybacks. Trading at under 2x earnings, Upwork showcases a solid return on equity (ROE) of 45%, indicating efficient management and strong profitability. Analysts remain optimistic, suggesting a price target of $19.60, which reflects a potential upside of 33% from the current levels. Given these factors, experts recommend a competitive entry strategy with a stop-loss set at $11 to manage risks effectively.
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 : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Upwork published on Stockchase.
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?
0 stock analysts on Stockchase covered Upwork In the last year. It is a trending stock that is worth watching.
What is Upwork stock price?
On 2025-04-15, Upwork (UPWK-Q) stock closed at a price of $12.93.
UPWK 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)