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Upwork Inc. (UPWK)

8.79 -0.40 (-4.35%)
At close: September 4 at 4:00:00 PM EDT
8.90 +0.11 (+1.25%)
After hours: September 4 at 7:38:32 PM EDT
Trade Upwork on Coinbase
Chart Range Bar
Loading chart for UPWK
  • Previous Close 9.19
  • Open 9.02
  • Bid 6.49 x 200
  • Ask 11.17 x 200
  • Day's Range 8.72 - 9.02
  • 52 Week Range 7.44 - 22.84
  • Volume 1,794,725
  • Avg. Volume 3,435,456
  • Market Cap (intraday) 1.098B
  • Beta (5Y Monthly) 1.01
  • PE Ratio (TTM) 11.72
  • EPS (TTM) 0.75
  • Earnings Date (est.) Nov 2, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 9.88

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

www.upwork.com

630

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

UPWK
55.65%
S&P 500 (^GSPC)
12.75%

1-Year Return

UPWK
47.62%
S&P 500 (^GSPC)
18.71%

3-Year Return

UPWK
41.24%
S&P 500 (^GSPC)
70.93%

5-Year Return

UPWK
80.36%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 195.48M
Earnings 31.46M
Profit Margin 16.09%

Q3

FY25

Q4

FY25

Q1

FY26

0
50M
100M
150M
200M
8.0%
10.0%
12.0%
14.0%
16.0%

Analyst Insights

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Analyst Price Targets

8.00
9.88 Average
8.79 Current
14.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/14/2026
Analyst UBS
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 10 -> 9

Statistics

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Valuation Measures

Annual
As of 9/3/2026
  • Market Cap

    1.15B

  • Enterprise Value

    910.45M

  • Trailing P/E

    11.78

  • Forward P/E

    6.17

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.59

  • Price/Book (mrq)

    1.88

  • Enterprise Value/Revenue

    1.16

  • Enterprise Value/EBITDA

    5.95

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.94%

  • Return on Assets (ttm)

    6.63%

  • Return on Equity (ttm)

    16.70%

  • Revenue (ttm)

    787.28M

  • Net Income Avi to Common (ttm)

    101.83M

  • Diluted EPS (ttm)

    0.75

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    614.24M

  • Total Debt/Equity (mrq)

    62.07%

  • Levered Free Cash Flow (ttm)

    156.38M

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Company Insights

Fair Value

8.79 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Raising target price to $9.00

    Upwork Inc has an Investment Rating of HOLD; a target price of $9.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
  • What does Argus have to say about UPWK?

    Upwork Inc has an Investment Rating of HOLD; a target price of $8.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
  • What does Argus have to say about UPWK?

    Upwork Inc has an Investment Rating of HOLD; a target price of $8.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of High; and a Value Subrating of Low.

    Rating
    Price Target
  • Lowering target price to $8.00

    Upwork Inc has an Investment Rating of HOLD; a target price of $8.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target

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