UPWK Stock Overview
About the company
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 sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company’s work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Upwork Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.22 |
| 52 Week High | US$25.12 |
| 52 Week Low | US$9.79 |
| Beta | 1.52 |
| 1 Month Change | -12.80% |
| 3 Month Change | -1.45% |
| 1 Year Change | -53.61% |
| 3 Year Change | 59.44% |
| 5 Year Change | n/a |
| Change since IPO | -51.75% |
Recent News & Updates
Recent updates
Is Upwork (NASDAQ:UPWK) Weighed On By Its Debt Load?
Dec 21
Upwork: Decent Execution And A Slight Premium In Valuation
Oct 14Upwork reaffirms Q3 guidance; initiates search for new CFO
Sep 22Upwork: Wait For Better Buying Opportunities
Sep 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Aug 15Upwork Non-GAAP EPS of -$0.04 beats by $0.04, revenue of $156.9M beats by $9.12M
Jul 27Upwork: Long Growth Runway, But Shares Are Not Cheap
Jul 21BTIG lowers PT for Upwork to $30
Jul 11Are Investors Undervaluing Upwork Inc. (NASDAQ:UPWK) By 40%?
Jun 16Upwork: Time For The Relief Rally
Jun 09How will Upwork (NASDAQ:UPWK) Fare Against a New Major Player in the Work Marketplace
May 27UpWork: The #1 Hybrid Work Marketplace And Its Hidden Value
May 12Upwork: The Gateway To Talent Access
Apr 29Upwork: As The World Shifts Toward Freelance, This Is The Right Stock To Bank On
Mar 27Upwork: Building The World's Work Marketplace
Feb 21Upwork: Compelling After Normalization
Feb 11Is Upwork (NASDAQ:UPWK) Using Too Much Debt?
Jan 31Upwork: Consider Buying The Dip
Nov 26Is Upwork (NASDAQ:UPWK) A Risky Investment?
Oct 28Upwork: Promising, But Expensive
Oct 20Upwork: Fairly Valued Stock
Sep 29Upwork: Perfectly Priced Reflecting Slowing Revenue Growth
Aug 10Upwork: Promising Business Still Difficult To Own
Jul 31Upwork: Good Business But Slightly Pricey Stock
Jul 20Does Upwork (NASDAQ:UPWK) Have A Healthy Balance Sheet?
Jul 11Upwork: The Future Of Work Seems Brighter Than Ever
May 07Upwork Q1 Earnings Preview
May 03Shareholder Returns
| UPWK | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -3.7% | 0.3% | 2.1% |
| 1Y | -53.6% | -12.7% | -12.8% |
Return vs Industry: UPWK underperformed the US Professional Services industry which returned -12.7% over the past year.
Return vs Market: UPWK underperformed the US Market which returned -12.8% over the past year.
Price Volatility
| UPWK volatility | |
|---|---|
| UPWK Average Weekly Movement | 8.3% |
| Professional Services Industry Average Movement | 5.4% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: UPWK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: UPWK's weekly volatility (8%) has been stable over the past year.
Upwork Inc. Fundamentals Summary
| UPWK fundamental statistics | |
|---|---|
| Market Cap | US$1.35b |
| Earnings (TTM) | -US$89.88m |
| Revenue (TTM) | US$618.32m |
2.2x
P/S Ratio-15.1x
P/E RatioIs UPWK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UPWK income statement (TTM) | |
|---|---|
| Revenue | US$618.32m |
| Cost of Revenue | US$160.40m |
| Gross Profit | US$457.92m |
| Other Expenses | US$547.80m |
| Earnings | -US$89.88m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.68 |
| Gross Margin | 74.06% |
| Net Profit Margin | -14.54% |
| Debt/Equity Ratio | 226.7% |
How did UPWK perform over the long term?
See historical performance and comparison