Upwork Inc. UPWK

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Price alert · UPWK

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9.72 USD +0.57 +6.23%

At close · Nov 2

10.85 +1.13 +11.63%

After hours · Nov 2, 4:00 PM ET

Bid
9.73 × 2
Ask
9.74 × 1
9.28 Day range 10.12
7.44 52-week range 22.84
YTD
-50.96%
1 year
-39.02%
Open
9.32
Prev close
9.15
Mkt cap
1.21B
Vol
7.01M
Avg vol
3.02M
EPS
0.77
P/E
12.62
Div yield
0.00%
More statistics
Low
9.28
High
10.12
Forward P/E
7.22
Beta
1.00
Short ratio
7.83
Inst. own
104.83%
Dividend
0.00
Ex-div date
Earnings
Nov 2, 2026
50-d avg
8.64
200-d avg
10.61
1y target
10.00

3M chart

Chart tools
Interval

Events in this range
  • Aug 10, 2026Earnings: 0.41; estimate 0.3424; surprise 19.74%
  • Aug 11, 2026Rating: Needham · Buy → Buy
  • Aug 11, 2026Rating: Scotiabank · Sector Perform → Sector Perform
  • Aug 11, 2026Rating: RBC Capital · Sector Perform → Sector Perform
  • Aug 12, 2026Rating: Canaccord Genuity · Hold → Hold
  • Aug 14, 2026Rating: UBS · Neutral → Neutral
  • Nov 2, 2026Earnings: —; estimate 0.3139; surprise —%
Signals (18)
NameDateAgo
SMA: BullishOct 20, 20261 week ago
SMA: BearishOct 16, 20262 weeks ago
SMA: BullishOct 15, 20262 weeks ago
SMA: BullishOct 15, 20262 weeks ago
SMA: BearishOct 14, 20262 weeks ago
SMA: BearishOct 14, 20262 weeks ago
SMA: BullishOct 13, 20262 weeks ago
SMA: BullishOct 8, 20263 weeks ago
MACD: Buy SignalOct 5, 20264 weeks ago
MACD: Sell SignalSep 8, 20261 month ago
SMA: BearishSep 4, 20261 month ago
SMA: BearishSep 4, 20261 month ago
SMA: BullishAug 28, 20262 months ago
MACD: Buy SignalAug 28, 20262 months ago
SMA: BullishAug 27, 20262 months ago
SMA: BearishAug 11, 20262 months ago
SMA: BearishAug 11, 20262 months ago
MACD: Sell SignalAug 11, 20262 months ago

Key statistics

Market cap
1.21B
Enterprise value
907.06M
Trailing P/E
12.62
Forward P/E
7.22
PEG ratio
0.85
Price / sales
1.54
Price / book
2.15
EPS (TTM)
0.77
Beta
1.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
12.93%
Revenue (TTM)
787.28M
Revenue growth
-1.70%
Free cash flow
156.38M
Total cash
614.24M
Total debt
379.41M
Return on equity
16.70%
Shares outstanding
124.90M
Short % of float
23.35%
50-day average
8.64
200-day average
10.61

Analyst view

Consensus: buy

Buy
Price target (mean) 10.00 +2.9% upside
Target (low)
8.00
Target (mean)
10.00
Target (high)
14.00
Ratings (0m) 9 3 buy · 6 hold · 0 sell
  • Strong buy1
  • Buy2
  • Hold6
  • Sell0
  • Strong sell0

Next earnings

Nov 2, 2026

Expected Nov 2, 2026. Consensus EPS estimate 0.31391.

Earnings history

Financials — quick view

All financials
UPWK Revenue — quarterly 191.66M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
UPWK Net income — quarterly 25.40M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
UPWK EPS — quarterly 0.21
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

UPWK recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 2, 2026Sep 30, 20260.3139———
Aug 10, 2026Jun 30, 20260.34240.41+0.07+19.74%
May 7, 2026Mar 31, 20260.250.24-0.01-4.00%
Feb 9, 2026Dec 31, 20250.230.12-0.11-47.83%
Nov 3, 2025Sep 30, 20250.250.21-0.04-16.00%
Aug 6, 2025Jun 30, 20250.260.35+0.09+34.62%

Upgrades / downgrades

UPWK analyst upgrades and downgrades
DateFirmActionFromTo
Aug 14, 2026UBSmainNeutralNeutral
Aug 12, 2026Canaccord GenuitymainHoldHold
Aug 11, 2026RBC CapitalmainSector PerformSector Perform
Aug 11, 2026ScotiabankmainSector PerformSector Perform
Aug 11, 2026NeedhammainBuyBuy
May 21, 2026CitigroupmainNeutralNeutral

About Upwork Inc.

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Website
upwork.com

News

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Insider holders

UPWK insider holders
InsiderRelationLatest transactionDateShares held
BROWN HAYDEN LARSONChief Executive OfficerSaleSep 17, 2026793,593
GESSERT ERICAChief Financial OfficerSaleSep 17, 2026373,586
HARVEY KEVIN RDirectorStock Award(Grant)Jun 3, 20262,712,520
KAPPUS ANTHONY RAYChief Operating OfficerSaleOct 18, 202677,196
KELMAN GLENNDirectorStock Award(Grant)Jun 3, 202666,422
LAYTON THOMAS HDirectorStock Award(Grant)Jun 3, 20261,691,430

Institution ownership

UPWK institution ownership
Holder% heldSharesValueReported
Blackrock Inc.15.42%19,259,723187.20MJun 29, 2026
Vanguard Portfolio Management LLC6.32%7,898,74576.78MJun 29, 2026
Ancient Art, L.P.5.79%7,228,53070.26MJun 29, 2026
LSV Asset Management5.11%6,381,62862.03MJun 29, 2026
Vanguard Capital Management LLC4.25%5,313,76751.65MJun 29, 2026
State Street Corporation4.16%5,195,25950.50MJun 29, 2026

Fund ownership

UPWK fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.95%7,432,38272.24MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund2.95%3,687,20835.84MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.52%3,141,79830.54MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.15%2,688,73726.13MJun 29, 2026
NORTHERN LIGHTS FUND TRUST II-Invenomic Fund1.26%1,569,06015.25MJul 30, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund1.24%1,543,61415.00MJun 29, 2026