UpworkUPWK
UPWK
About: Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.
Employees: 600
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 46
8% more funds holding
Funds holding: 250 [Q4 2024] → 270 (+20) [Q1 2025]
3.96% more ownership
Funds ownership: 82.01% [Q4 2024] → 85.98% (+3.96%) [Q1 2025]
7% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 82
15% less capital invested
Capital invested by funds: $1.79B [Q4 2024] → $1.52B (-$272M) [Q1 2025]
35% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $22.8M
56% less funds holding in top 10
Funds holding in top 10: 9 [Q4 2024] → 4 (-5) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
42%
upside
Avg. target
$18.75
48%
upside
High target
$20
58%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
RBC Capital Brad Erickson | 42%upside $18 | Sector Perform Reiterated | 2 Jun 2025 |
JMP Securities Matthew Condon | 58%upside $20 | Market Outperform Maintained | 16 May 2025 |
Citigroup Ronald Josey | 42%upside $18 | Neutral Maintained | 6 May 2025 |
Needham Bernie McTernan | 50%upside $19 | Buy Reiterated | 6 May 2025 |
Financial journalist opinion
Based on 7 articles about UPWK published over the past 30 days
Positive
Seeking Alpha
5 days ago
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 existential threats to Upwork in the near term. The gig economy remains robust, with Upwork holding a dominant market position and benefiting from global freelance trends.
Neutral
GlobeNewsWire
6 days ago
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 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI
Neutral
GlobeNewsWire
2 weeks ago
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 announced that it will report its financial results for the second quarter of 2025 on Wednesday, August 6, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
Positive
Seeking Alpha
2 weeks ago
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 earnings and 2.2x sales—well below historical averages and that of the S&P 500, making valuation attractive. Upwork boasts a healthy balance sheet with $620M in cash, low net debt, and a 10% free cash flow yield when net cash is considered.
Neutral
GlobeNewsWire
2 weeks ago
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 accelerating productivity, but also moving from being a tool to a teammate, reshaping how organizations design roles, build teams, and sustain human connection in the workplace.
Positive
Zacks Investment Research
4 weeks ago
Upwork or Fiverr? Picking the Winner in the Freelance Race
UPWK dips while FVRR rallies in the past 3 months, but Upwork's AI-first pivot and record Q1 profits give it the edge in the freelance platform race.
Neutral
GlobeNewsWire
4 weeks ago
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, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's work marketplace, today announced the formation of the Upwork Economic Advisory Council, a group of preeminent economists, scientists, and researchers who will provide strategic guidance to the company as it advances its human and AI-powered platform to better serve customers around the world in getting work done.
Positive
Zacks Investment Research
1 month ago
Top Staffing Stocks to Buy Amid AI Adoption and Flexible Work Trends
Staffing stocks like PCTY, PEGA, and UPWK are gaining traction as AI, flexibility and skills-based hiring reshape the job market.
Positive
Zacks Investment Research
1 month ago
Upwork's GSV Per Client Rises: What's Fueling It and Can It Last?
UPWK's GSV per client grows year over year for the first time in six quarters in Q1, fueled by AI work, premium plans and product upgrades.
Positive
Zacks Investment Research
1 month ago
Will Business Plus Become Upwork's Next Big Growth Engine?
UPWK's Business Plus plan is drawing bigger clients fast, doubling users with minimal marketing, and lifting average client spending on the platform.
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