UPWK 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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for UPWK from our risk checks.
My Notes
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Upwork Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.58 |
| 52 Week High | US$18.14 |
| 52 Week Low | US$8.43 |
| Beta | 1.59 |
| 1 Month Change | 9.73% |
| 3 Month Change | 53.95% |
| 1 Year Change | 12.87% |
| 3 Year Change | -51.59% |
| 5 Year Change | 57.01% |
| Change since IPO | -21.72% |
Recent News & Updates
Upwork: Macro Weakness More Important Than AI For Now
Dec 19Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?
Nov 26
Upwork: Disciplined Cost Reduction, Platform Improvements - Buy
Nov 22The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business
Nov 13Recent updates
Upwork: Macro Weakness More Important Than AI For Now
Dec 19Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?
Nov 26Upwork: Disciplined Cost Reduction, Platform Improvements - Buy
Nov 22The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business
Nov 13Revenues Not Telling The Story For Upwork Inc. (NASDAQ:UPWK) After Shares Rise 39%
Nov 07Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive
Oct 25Upwork: A Small Bet Activist Pressure Will Succeed
Oct 17Upwork: Good Value And How We Can Further Add Extra Income
Oct 09Is It Time To Consider Buying Upwork Inc. (NASDAQ:UPWK)?
Oct 07Returns At Upwork (NASDAQ:UPWK) Are On The Way Up
Sep 16Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing
Sep 01Upwork: The Selloff Is Overdone
Aug 12These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely
Aug 01Upwork: Stock Can Potentially Soar, As AI Fears Dissipate
Jul 22Upwork: Just Like For Fiverr, Study The Nitty-Gritty Financials
Jul 11Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?
Jun 20Upwork: Time To Buy This Stock As It Gains Share (Rating Upgrade)
Jun 14Increases to CEO Compensation Might Be Put On Hold For Now at Upwork Inc. (NASDAQ:UPWK)
Jun 01Upwork: Made Significant Progress In Delivering Profitable Growth
May 05Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital
May 03Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion
Apr 16Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$12.25?
Mar 15Upwork: Green Shoots Are Emerging
Mar 12Upwork: Why I Will Remain On The Fence For Now
Mar 03Shareholders Shouldn’t Be Too Comfortable With Upwork's (NASDAQ:UPWK) Strong Earnings
Feb 22Upwork Is An Interesting Reasonable Growth Candidate
Feb 07Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jan 31Upwork: A Long-Term Investment In The Freelancing Industry
Jan 22Upwork Inc.'s (NASDAQ:UPWK) P/S Still Appears To Be Reasonable
Dec 25At US$13.86, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?
Dec 06Is Upwork Inc. (NASDAQ:UPWK) Worth US$13.8 Based On Its Intrinsic Value?
Nov 13Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?
Oct 26Is Upwork (NASDAQ:UPWK) A Risky Investment?
Jul 17Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing
Jun 24Shareholder Returns
| UPWK | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -4.2% | -4.4% | -4.0% |
| 1Y | 12.9% | 10.9% | 24.0% |
Return vs Industry: UPWK exceeded the US Professional Services industry which returned 10.9% over the past year.
Return vs Market: UPWK underperformed the US Market which returned 24% over the past year.
Price Volatility
| UPWK volatility | |
|---|---|
| UPWK Average Weekly Movement | 9.4% |
| Professional Services Industry Average Movement | 5.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: UPWK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: UPWK's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 800 | 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
| UPWK fundamental statistics | |
|---|---|
| Market cap | US$2.28b |
| Earnings (TTM) | US$85.79m |
| Revenue (TTM) | US$761.78m |
25.8x
P/E Ratio2.9x
P/S RatioIs UPWK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UPWK income statement (TTM) | |
|---|---|
| Revenue | US$761.78m |
| Cost of Revenue | US$177.32m |
| Gross Profit | US$584.46m |
| Other Expenses | US$498.66m |
| Earnings | US$85.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.64 |
| Gross Margin | 76.72% |
| Net Profit Margin | 11.26% |
| Debt/Equity Ratio | 86.9% |
How did UPWK perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:38 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Upwork Inc. is covered by 16 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 |