Upwork Inc. (UPWK)

NASDAQ: UPWK · Real-Time Price · USD
14.09
+0.42 (3.07%)
At close: Aug 13, 2025, 4:00 PM
14.00
-0.09 (-0.64%)
After-hours: Aug 13, 2025, 7:59 PM EDT
3.07%
Market Cap 1.87B
Revenue (ttm) 772.90M
Net Income (ttm) 245.38M
Shares Out 132.61M
EPS (ttm) 1.72
PE Ratio 8.18
Forward PE 10.81
Dividend n/a
Ex-Dividend Date n/a
Volume 4,202,957
Open 13.73
Previous Close 13.67
Day's Range 13.46 - 14.15
52-Week Range 8.91 - 18.14
Beta 1.38
Analysts Buy
Price Target 18.77 (+33.22%)
Earnings Date Aug 6, 2025

About UPWK

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company’s work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as tal... [Read more]

IPO Date Oct 3, 2018
Employees 600
Stock Exchange NASDAQ
Ticker Symbol UPWK
Full Company Profile

Financial Performance

In 2024, Upwork's revenue was $769.33 million, an increase of 11.64% compared to the previous year's $689.14 million. Earnings were $215.59 million, an increase of 359.80%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for UPWK stock is "Buy." The 12-month stock price target is $18.77, which is an increase of 33.22% from the latest price.

Price Target
$18.77
(33.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Upwork CFO: AI is enhancing jobs like animation, accounting

"We're seeing AI actually enhance work and actually start to augment and accelerate categories that some people thought would be disrupted. Things like video and animation, contract law, accounting an...

5 days ago - Bloomberg Markets and Finance

Upwork Targets Enterprise Businesses With New Acquisitions

Employment marketplace Upwork appears to be expanding beyond its freelancer-focused roots. In releasing its quarterly earnings Thursday (Aug. 7), the company announced it had acquired Bubty, a platfor...

6 days ago - PYMNTS

Upwork CEO on weakening labor market: We have ample labor supply on our platform

Hayden Brown, Upwork CEO, joins 'The Exchange' to discuss strong Q2 earnings, labor market trends and integration of AI.

6 days ago - CNBC Television

Upwork Reports Second Quarter 2025 Financial Results

Achieves record second quarter with revenue of $194.9 million Generates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA ma...

6 days ago - GlobeNewsWire

Upwork Inc. (UPWK) Q2 2025 Earnings Call Transcript

Upwork Inc. (NASDAQ:UPWK) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Erica Gessert - Chief Financial Officer Hayden Brown - President, CEO & Director Samuel Meeha...

7 days ago - Seeking Alpha

Upwork Stock Climbs After Strong Q2 Earnings Report: Details

Upwork, Inc. UPWK released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.

7 days ago - Benzinga

Upwork is buying its way into corporate staffing beyond freelancers

Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new, standalone enterprise-focused business that could expand its market reach.

7 days ago - TechCrunch

Upwork Looks Like A Good (Investing) Gig

Upwork's strong fundamentals, low valuation, and recent profitability make it an attractive buy, despite modest revenue growth. AI and other risks exist, but I see them as manageable and not existenti...

20 days ago - Seeking Alpha

Upwork Evolves Uma AI into AI Work Agent, Advances Human-AI Collaboration Across Hiring and Work Management

Upwork Updates Summer 2025 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI Upwork Updates Summer 2025 rel...

21 days ago - GlobeNewsWire

Upwork to Report Second Quarter Financial Results on August 6, 2025

PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today anno...

4 weeks ago - GlobeNewsWire

Upwork: Cheaper Than You Think

Upwork delivered strong Q1 results, with record EBITDA margin, robust free cash flow, and the first GSV growth in six quarters, aided by AI-driven features. Shares trade at just over 11x forward earni...

4 weeks ago - Seeking Alpha

Upwork Research Reveals New Insights Into the AI-Human Work Dynamic

PALO ALTO, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace, today released a study by the Upwork Research Institute revealing that AI is not just ac...

5 weeks ago - GlobeNewsWire

Upwork Establishes Economic Advisory Council to Deepen Understanding of AI's Impact on Work

Council brings together leading academics from MIT, Stanford and Georgetown to advise on AI-human workforce design, identify labor market shifts, and guide Upwork's AI-powered evolution PALO ALTO, Cal...

6 weeks ago - GlobeNewsWire

Upwork Announces Board Refreshment, Adding Strategic Expertise to Support Next Chapter of Growth

Dana Evan & Glenn Kelman join Upwork's Board of Directors, bringing deep operational experience in financial strategy, market leadership, & platform scale

2 months ago - GlobeNewsWire

Upwork stock price risky pattern points to a 30% crash

The Upwork stock price has pulled back in the past few days as investors assessed its growth trajectory. UPWK dropped to a low of $15.6 on Thursday, its lowest level since May 6, and 13% below its hig...

2 months ago - Invezz

Upwork: Profits Surge, Upside Remains

Upwork had a stellar Q1'25, with significant margins improvements and raising their adjusted EBITDA guidance. While many thought AI would be a threat to a significant part of Upwork's talent pool, tha...

3 months ago - Seeking Alpha

Upwork: With Near Zero Growth, It's Time To Sell The Post-Earnings Spike (Downgrade)

Upwork raised its bottom-line outlook amid a tough climate, causing a 20% rally, but I recommend selling due to long-term risks. Revenue growth is slowing to near-zero, with declining active clients, ...

3 months ago - Seeking Alpha

Upwork CEO: Freelance sector seeing strength and market share gains in latest quarter

Hayden Brown, Upwork president and CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, the kinds of jobs looking for Upwork's services, and much more.

3 months ago - CNBC Television

Upwork Inc. (UPWK) Q1 2025 Earnings Call Transcript

Upwork Inc. (NASDAQ:UPWK) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Samuel Meehan - VP, IR Hayden Brown - President and CEO Erica Gessert - CFO Conference Call Part...

3 months ago - Seeking Alpha

Upwork Reports First Quarter 2025 Financial Results

Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA margin Reite...

3 months ago - GlobeNewsWire

Upwork Study Finds 1 in 4 U.S. Skilled Knowledge Workers Now Work Independently, Generating $1.5 Trillion in Earnings

PALO ALTO, Calif., April 23, 2025 (GLOBE NEWSWIRE) -- Upwork Inc.  (Nasdaq: UPWK), the world's work marketplace that connects businesses with independent talent, today unveiled its inaugural Future Wo...

4 months ago - GlobeNewsWire

Upwork Named to Fast Company's Most Innovative Companies of 2025

PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- U pwork (NASDAQ: UPWK), the world's work marketplace, today announced that it has been recognized by Fast Company as one of the Most Innovative Co...

5 months ago - GlobeNewsWire

Upwork to Present at The Citizens JMP Technology Conference

PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest work marketplace that connects businesses with independent talent from across the globe, today anno...

6 months ago - GlobeNewsWire

Wake Up, It's Time For A Business Plan - Reiterating Buy On Upwork

Upwork Inc.'s Q4 beats were driven by enterprises, and I expect to see this happen again. I think the enterprise segment has strong potential to drive Upwork's next leg of growth as it captures a high...

6 months ago - Seeking Alpha

Upwork: Impressive Profit Growth, But The Longer Term Is Shaky

Upwork's Q4 earnings showcased profitability, but AI poses long-term risks, making me remain neutral on its prospects despite a recent stock rally. Upwork's AI-related GSV grew 33% y/y, but overall re...

6 months ago - Seeking Alpha