Upwork Future Growth
Future criteria checks 5/6
Upwork is forecast to grow earnings and revenue by 21.3% and 11.2% per annum respectively. EPS is expected to grow by 18.4% per annum. Return on equity is forecast to be 27.2% in 3 years.
Key information
21.3%
Earnings growth rate
18.4%
EPS growth rate
| Professional Services earnings growth | 18.6% |
| Revenue growth rate | 11.2% |
| Future return on equity | 27.2% |
| Analyst coverage | Good |
| Last updated | 21 Mar 2024 |
Recent future growth updates
Recent updates
Upwork Inc.'s (NASDAQ:UPWK) Share Price Matching Investor Opinion
Apr 16
Should 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 24Is Upwork (NASDAQ:UPWK) A Risky Investment?
Apr 09Is Upwork (NASDAQ:UPWK) Weighed On By Its Debt Load?
Dec 21Upwork: 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 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 973 | 79 | N/A | N/A | 2 |
| 12/31/2025 | 870 | 66 | 128 | 155 | 10 |
| 12/31/2024 | 773 | 36 | 108 | 140 | 10 |
| 12/31/2023 | 689 | 47 | 11 | 27 | N/A |
| 9/30/2023 | 667 | 13 | 29 | 41 | N/A |
| 6/30/2023 | 650 | -28 | 3 | 14 | N/A |
| 3/31/2023 | 638 | -48 | -1 | 9 | N/A |
| 12/31/2022 | 618 | -90 | -2 | 7 | N/A |
| 9/30/2022 | 594 | -96 | -22 | -14 | N/A |
| 6/30/2022 | 563 | -80 | -9 | -4 | N/A |
| 3/31/2022 | 531 | -73 | -8 | -3 | N/A |
| 12/31/2021 | 503 | -56 | 5 | 11 | N/A |
| 9/30/2021 | 472 | -33 | 25 | 32 | N/A |
| 6/30/2021 | 441 | -26 | 9 | 18 | N/A |
| 3/31/2021 | 404 | -21 | 12 | 26 | N/A |
| 12/31/2020 | 374 | -23 | 8 | 22 | N/A |
| 9/30/2020 | 348 | -29 | -2 | 12 | N/A |
| 6/30/2020 | 329 | -30 | 19 | 36 | N/A |
| 3/31/2020 | 315 | -22 | 14 | 29 | N/A |
| 12/31/2019 | 301 | -17 | -16 | 1 | N/A |
| 9/30/2019 | 288 | -17 | 7 | 24 | N/A |
| 6/30/2019 | 274 | -20 | -38 | -24 | N/A |
| 3/31/2019 | 263 | -18 | -31 | -21 | N/A |
| 12/31/2018 | 253 | -20 | 7 | 14 | N/A |
| 9/30/2018 | 241 | -25 | -30 | -26 | N/A |
| 6/30/2018 | 229 | -18 | -7 | -3 | N/A |
| 3/31/2018 | 214 | -17 | -7 | -4 | N/A |
| 12/31/2017 | 203 | -11 | -6 | -4 | N/A |
| 12/31/2016 | 164 | -16 | N/A | 3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UPWK's forecast earnings growth (21.3% per year) is above the savings rate (2.3%).
Earnings vs Market: UPWK's earnings (21.3% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: UPWK's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UPWK's revenue (11.2% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: UPWK's revenue (11.2% 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 (27.2%)