UpworkUPWK
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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
54% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 46
8% more funds holding
Funds holding: 250 [Q4 2024] → 269 (+19) [Q1 2025]
3.94% more ownership
Funds ownership: 82.01% [Q4 2024] → 85.95% (+3.94%) [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 (-$273M) [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
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Brad Erickson | 30%upside $18 | Sector Perform Reiterated | 2 Jun 2025 |
JMP Securities Matthew Condon | 45%upside $20 | Market Outperform Maintained | 16 May 2025 |
Citigroup Ronald Josey | 30%upside $18 | Neutral Maintained | 6 May 2025 |
Needham Bernie McTernan | 37%upside $19 | Buy Reiterated | 6 May 2025 |
Jefferies Brent Thill | 45%upside $20 | Buy Maintained | 7 Apr 2025 |
Financial journalist opinion
Based on 4 articles about UPWK published over the past 30 days









