Upwork Inc.

NasdaqGS:UPWK Stock Report

Market Cap: US$2.2b

Upwork Future Growth

Future criteria checks 3/6

Upwork is forecast to grow earnings and revenue by 18% and 5.4% per annum respectively. EPS is expected to grow by 15.3% per annum. Return on equity is forecast to be 31.9% in 3 years.

Key information

18.0%

Earnings growth rate

15.3%

EPS growth rate

Professional Services earnings growth16.6%
Revenue growth rate5.4%
Future return on equity31.9%
Analyst coverage

Good

Last updated13 Dec 2024

Recent future growth updates

Recent updates

Upwork: Macro Weakness More Important Than AI For Now

Dec 19

Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?

Nov 26
Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?

Upwork: Disciplined Cost Reduction, Platform Improvements - Buy

Nov 22

The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business

Nov 13
The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business

Revenues Not Telling The Story For Upwork Inc. (NASDAQ:UPWK) After Shares Rise 39%

Nov 07
Revenues Not Telling The Story For Upwork Inc. (NASDAQ:UPWK) After Shares Rise 39%

Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive

Oct 25

Upwork: A Small Bet Activist Pressure Will Succeed

Oct 17

Upwork: Good Value And How We Can Further Add Extra Income

Oct 09

Is It Time To Consider Buying Upwork Inc. (NASDAQ:UPWK)?

Oct 07
Is It Time To Consider Buying Upwork Inc. (NASDAQ:UPWK)?

Returns At Upwork (NASDAQ:UPWK) Are On The Way Up

Sep 16
Returns At Upwork (NASDAQ:UPWK) Are On The Way Up

Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Sep 01
Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Upwork: The Selloff Is Overdone

Aug 12

These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely

Aug 01
These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely

Upwork: Stock Can Potentially Soar, As AI Fears Dissipate

Jul 22

Upwork: Just Like For Fiverr, Study The Nitty-Gritty Financials

Jul 11

Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?

Jun 20
Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?

Upwork: Time To Buy This Stock As It Gains Share (Rating Upgrade)

Jun 14

Increases to CEO Compensation Might Be Put On Hold For Now at Upwork Inc. (NASDAQ:UPWK)

Jun 01
Increases to CEO Compensation Might Be Put On Hold For Now at Upwork Inc. (NASDAQ:UPWK)

Upwork: Made Significant Progress In Delivering Profitable Growth

May 05

Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital

May 03
Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital

Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion

Apr 16
Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion

Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$12.25?

Mar 15
Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$12.25?

Upwork: Green Shoots Are Emerging

Mar 12

Upwork: Why I Will Remain On The Fence For Now

Mar 03

Shareholders Shouldn’t Be Too Comfortable With Upwork's (NASDAQ:UPWK) Strong Earnings

Feb 22
Shareholders Shouldn’t Be Too Comfortable With Upwork's (NASDAQ:UPWK) Strong Earnings

Upwork Is An Interesting Reasonable Growth Candidate

Feb 07

Is Upwork (NASDAQ:UPWK) A Risky Investment?

Jan 31
Is Upwork (NASDAQ:UPWK) A Risky Investment?

Upwork: A Long-Term Investment In The Freelancing Industry

Jan 22

Upwork Inc.'s (NASDAQ:UPWK) P/S Still Appears To Be Reasonable

Dec 25
Upwork Inc.'s (NASDAQ:UPWK) P/S Still Appears To Be Reasonable

At US$13.86, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?

Dec 06
At US$13.86, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?

Is Upwork Inc. (NASDAQ:UPWK) Worth US$13.8 Based On Its Intrinsic Value?

Nov 13
Is Upwork Inc. (NASDAQ:UPWK) Worth US$13.8 Based On Its Intrinsic Value?

Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?

Oct 26
Health Check: How Prudently Does Upwork (NASDAQ:UPWK) Use Debt?

Is Upwork (NASDAQ:UPWK) A Risky Investment?

Jul 17
Is Upwork (NASDAQ:UPWK) A Risky Investment?

Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Jun 24
Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Earnings and Revenue Growth Forecasts

NasdaqGS:UPWK - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026836132222N/A8
12/31/202577510717916511
12/31/20247598919013811
9/30/202476286123140N/A
6/30/2024744745875N/A
3/31/2024719482542N/A
12/31/2023689471127N/A
9/30/2023667132941N/A
6/30/2023650-28314N/A
3/31/2023638-48-19N/A
12/31/2022618-90-27N/A
9/30/2022594-96-22-14N/A
6/30/2022563-80-9-4N/A
3/31/2022531-73-8-3N/A
12/31/2021503-56511N/A
9/30/2021472-332532N/A
6/30/2021441-26918N/A
3/31/2021404-211226N/A
12/31/2020374-23822N/A
9/30/2020348-29-212N/A
6/30/2020329-301936N/A
3/31/2020315-221429N/A
12/31/2019301-17-161N/A
9/30/2019288-17724N/A
6/30/2019274-20-38-24N/A
3/31/2019263-18-31-21N/A
12/31/2018253-20714N/A
9/30/2018241-25-30-26N/A
6/30/2018229-18N/A-3N/A
3/31/2018214-17N/A-4N/A
12/31/2017203-11N/A-4N/A
12/31/2016164-16N/A3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UPWK's forecast earnings growth (18% per year) is above the savings rate (2.6%).

Earnings vs Market: UPWK's earnings (18% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: UPWK's earnings are forecast to grow, but not significantly.

Revenue vs Market: UPWK's revenue (5.4% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: UPWK's revenue (5.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: UPWK's Return on Equity is forecast to be high in 3 years time (31.9%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Nathaniel SchindlerBofA Global Research
Marvin FongBTIG
Maria RippsCanaccord Genuity