Upwork (1UPWK) Stock Overview

Operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. More details

1UPWK fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 65.5% below our estimate of its fair value

Revenue is forecast to grow 4.89% per year

Earnings grew by 387.7% over the past year

Analysts in good agreement that stock price will rise by 40.1%

Risk Analysis

Highly volatile share price over the past 3 months compared to the Italian market

High level of non-cash earnings

Earnings are forecast to decline by an average of 9.4% per year for the next 3 years

Significant insider selling over the past 3 months

1UPWK Community Fair Values

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Upwork Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Upwork
Historical stock prices
Current Share Price	US$12.24
52 Week High	US$13.95
52 Week Low	US$13.95
Beta	1.43
1 Month Change	-12.10%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.13%

Recent updates

Shareholder Returns

	1UPWK	IT Professional Services	IT Market
7D	-0.5%	8.3%	1.1%
1Y	n/a	-17.5%	18.8%

Return vs Industry: Insufficient data to determine how 1UPWK performed against the Italian Professional Services industry.

Return vs Market: Insufficient data to determine how 1UPWK performed against the Italian Market.

Price Volatility

Is 1UPWK's price volatile compared to industry and market?
1UPWK volatility
1UPWK Average Weekly Movement	10.4%
Professional Services Industry Average Movement	5.9%
Market Average Movement	5.1%
10% most volatile stocks in IT Market	8.5%
10% least volatile stocks in IT Market	3.4%

Stable Share Price: 1UPWK's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: Insufficient data to determine 1UPWK's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2013	600	Hayden Brown	www.upwork.com

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 talent sourcing, outreach, and contracting.

Upwork Inc. Fundamentals Summary

How do Upwork's earnings and revenue compare to its market cap?
1UPWK fundamental statistics
Market cap	€1.53b
Earnings (TTM)	€200.65m
Revenue (TTM)	€658.75m

7.6x

P/E Ratio

2.3x

P/S Ratio

Is 1UPWK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1UPWK income statement (TTM)
Revenue	US$771.09m
Cost of Revenue	US$171.37m
Gross Profit	US$599.72m
Other Expenses	US$364.85m
Earnings	US$234.87m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	1.78
Gross Margin	77.78%
Net Profit Margin	30.46%
Debt/Equity Ratio	60.3%

How did 1UPWK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/29 19:28
End of Day Share Price	2025/06/27 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Upwork Inc. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nathaniel Schindler	BofA Global Research
Marvin Fong	BTIG
Maria Ripps	Canaccord Genuity