Upwork (UPWK) Stock Forecast, Price Target & Predictions
UPWK Stock Forecast
Upwork stock forecast is as follows: an average price target of $28.75 (represents a 175.12% upside from UPWK’s last price of $10.45) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
UPWK Price Target
UPWK Analyst Ratings
Upwork Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 13, 2024 | Marvin Fong | BTIG | $14.00 | $10.24 | 36.72% | 33.97% |
Aug 08, 2024 | Bernie McTernan | Needham | $14.00 | $9.22 | 51.84% | 33.97% |
Aug 08, 2024 | Matt Farrell | Piper Sandler | $13.00 | $10.46 | 24.28% | 24.40% |
Aug 08, 2024 | Nrad Erickson | RBC Capital | $11.00 | $10.46 | 5.16% | 5.26% |
Jul 02, 2024 | Joshua Chan | UBS | $12.00 | $10.68 | 12.36% | 14.83% |
May 02, 2024 | Nrad Erickson | RBC Capital | $15.00 | $11.96 | 25.42% | 43.54% |
May 02, 2024 | Marvin Fong | BTIG | $16.00 | $11.96 | 33.78% | 53.11% |
Oct 27, 2022 | Bernie McTernan | Needham | $19.00 | $12.64 | 50.32% | 81.82% |
Oct 26, 2022 | Matt Farrell | Piper Sandler | $20.00 | $12.64 | 58.23% | 91.39% |
Jul 14, 2022 | Marvin Fong | BTIG | $30.00 | $20.20 | 48.51% | 187.08% |
Upwork Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 5 | 7 |
Avg Price Target | $14.00 | $12.80 | $13.57 |
Last Closing Price | $10.45 | $10.45 | $10.45 |
Upside/Downside | 33.97% | 22.49% | 29.86% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 13, 2024 | BTIG | Buy | Buy | Hold |
Aug 08, 2024 | UBS | Buy | Buy | Hold |
Aug 08, 2024 | Needham | Buy | Buy | Hold |
Aug 08, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Aug 08, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Jul 02, 2024 | UBS | Sector Perform | Sector Perform | Hold |
Jul 02, 2024 | UBS | Market Outperform | Neutral | Initialise |
May 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
May 02, 2024 | UBS | Market Outperform | Market Outperform | Hold |
May 02, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Upwork Financial Forecast
Upwork Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.73M | $168.61M | $160.86M | $161.44M | $158.64M | - | $141.34M | $136.86M | $128.14M | $124.18M | $113.62M | $106.15M | $96.75M | $87.53M | $83.20M | $78.60M | $78.79M |
Avg Forecast | $218.07M | $220.92M | $212.89M | $200.11M | $194.75M | $193.04M | $194.05M | $189.39M | $174.04M | $182.02M | $193.14M | $185.90M | $178.15M | $168.24M | $162.53M | $159.05M | $159.30M | $157.58M | $147.74M | $135.76M | $131.80M | $126.60M | $120.23M | $108.65M | $97.34M | $90.44M | $80.31M | $81.14M | $79.41M | $77.81M |
High Forecast | $219.50M | $222.36M | $214.28M | $201.42M | $196.02M | $194.30M | $195.31M | $190.63M | $175.17M | $182.36M | $194.40M | $187.12M | $179.72M | $170.23M | $163.59M | $160.09M | $160.34M | $158.61M | $147.74M | $137.81M | $133.79M | $128.51M | $122.05M | $110.29M | $98.81M | $91.80M | $81.52M | $82.37M | $80.61M | $78.98M |
Low Forecast | $216.86M | $219.69M | $211.71M | $199.00M | $193.67M | $191.97M | $192.97M | $188.34M | $173.07M | $181.80M | $192.07M | $184.87M | $177.03M | $164.14M | $161.63M | $158.16M | $158.41M | $156.71M | $147.74M | $134.24M | $130.32M | $125.17M | $118.88M | $107.43M | $96.25M | $89.42M | $79.41M | $80.23M | $78.52M | $76.94M |
# Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.04% | 1.01% | 1.01% | 1.01% | - | 1.04% | 1.04% | 1.01% | 1.03% | 1.05% | 1.09% | 1.07% | 1.09% | 1.03% | 0.99% | 1.01% |
Upwork EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.47M | $-6.12M | $21.89M | $-12.11M | $-20.91M | - | $-20.82M | $-18.46M | $-5.16M | $-12.99M | $-3.51M | $4.82M | $1.06M | $-8.26M | $-7.47M | $-4.66M | $-839.00K |
Avg Forecast | $-10.15M | $-10.28M | $-9.91M | $-9.31M | $-9.06M | $-8.98M | $-9.03M | $-8.81M | $-8.10M | $-8.47M | $-8.99M | $-34.42M | $-8.29M | $-7.83M | $-7.56M | $-31.29M | $-7.41M | $-7.38M | $-6.87M | $-33.47M | $-17.38M | $-6.71M | $-10.63M | $-1.93M | $9.54M | $1.67M | $-8.26M | $-4.11M | $-5.43M | $-1.05M |
High Forecast | $-10.09M | $-10.22M | $-9.85M | $-9.26M | $-9.01M | $-8.93M | $-8.98M | $-8.76M | $-8.05M | $-8.46M | $-8.94M | $-27.54M | $-8.24M | $-7.64M | $-7.52M | $-25.03M | $-7.37M | $-5.91M | $-6.87M | $-26.77M | $-13.90M | $-5.37M | $-8.51M | $-1.55M | $11.45M | $2.01M | $-6.61M | $-3.29M | $-4.34M | $-839.00K |
Low Forecast | $-10.21M | $-10.35M | $-9.97M | $-9.37M | $-9.12M | $-9.04M | $-9.09M | $-8.87M | $-8.15M | $-8.49M | $-9.05M | $-41.31M | $-8.36M | $-7.92M | $-7.61M | $-37.55M | $-7.46M | $-8.86M | $-6.87M | $-40.16M | $-20.85M | $-8.05M | $-12.76M | $-2.32M | $7.63M | $1.34M | $-9.91M | $-4.93M | $-6.52M | $-1.26M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.46% | 0.81% | -0.70% | 1.63% | 2.83% | - | 0.62% | 1.06% | 0.77% | 1.22% | 1.82% | 0.51% | 0.63% | 1.00% | 1.82% | 0.86% | 0.80% |
Upwork Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.34M | $-3.99M | $17.17M | $-16.50M | $-24.83M | - | $-24.74M | $-22.56M | $-9.31M | $-16.54M | $-7.83M | $925.00K | $-2.75M | $-11.02M | $-10.02M | $-7.08M | $-2.83M |
Avg Forecast | $47.01M | $44.25M | $41.48M | $37.33M | $36.62M | $37.17M | $37.13M | $32.90M | $29.61M | $33.18M | $31.93M | $-40.89M | $24.12M | $14.33M | $-129.00K | $-37.17M | $-3.84M | $-13.31M | $-11.67M | $-39.76M | $-21.23M | $-12.10M | $-13.53M | $-4.31M | $1.83M | $-4.33M | $-11.02M | $-5.51M | $-8.26M | $-3.53M |
High Forecast | $47.41M | $44.62M | $41.83M | $37.65M | $36.93M | $37.49M | $37.45M | $33.18M | $29.86M | $33.46M | $32.20M | $-32.71M | $25.54M | $17.20M | $-128.07K | $-29.74M | $-3.81M | $-10.65M | $-11.67M | $-31.81M | $-16.98M | $-9.68M | $-10.82M | $-3.45M | $2.20M | $-3.46M | $-8.82M | $-4.41M | $-6.61M | $-2.83M |
Low Forecast | $46.67M | $43.93M | $41.18M | $37.06M | $36.36M | $36.90M | $36.86M | $32.67M | $29.39M | $32.94M | $31.70M | $-49.07M | $22.71M | $12.90M | $-130.10K | $-44.61M | $-3.87M | $-15.98M | $-11.67M | $-47.71M | $-25.48M | $-14.53M | $-16.24M | $-5.17M | $1.47M | $-5.19M | $-13.23M | $-6.61M | $-9.91M | $-4.24M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 30.94% | -0.46% | 4.30% | 1.86% | - | 0.62% | 1.06% | 0.77% | 1.22% | 1.82% | 0.51% | 0.63% | 1.00% | 1.82% | 0.86% | 0.80% |
Upwork SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $75.96M | $88.05M | $94.29M | $92.87M | $94.58M | - | $86.78M | $85.79M | $69.28M | $78.17M | $63.13M | $53.08M | $51.62M | $51.54M | $48.50M | $46.59M | $41.84M |
Avg Forecast | $121.72M | $123.30M | $118.82M | $111.69M | $108.70M | $107.74M | $108.30M | $105.71M | $97.14M | $101.59M | $107.80M | $143.45M | $99.43M | $93.90M | $90.71M | $130.41M | $88.91M | $99.06M | $82.46M | $75.78M | $80.75M | $90.06M | $63.96M | $34.72M | $54.33M | $81.31M | $51.54M | $26.68M | $54.35M | $52.30M |
High Forecast | $122.51M | $124.11M | $119.60M | $112.42M | $109.41M | $108.45M | $109.01M | $106.40M | $97.77M | $101.78M | $108.50M | $172.14M | $100.31M | $95.01M | $91.31M | $156.49M | $89.49M | $118.88M | $82.46M | $76.92M | $96.90M | $108.07M | $76.75M | $41.67M | $55.15M | $97.57M | $61.85M | $32.01M | $65.23M | $62.76M |
Low Forecast | $121.04M | $122.62M | $118.16M | $111.07M | $108.09M | $107.15M | $107.70M | $105.12M | $96.60M | $101.47M | $107.20M | $114.76M | $98.81M | $91.61M | $90.21M | $104.33M | $88.42M | $79.25M | $82.46M | $74.92M | $64.60M | $72.05M | $51.17M | $27.78M | $53.72M | $65.05M | $41.23M | $21.34M | $43.48M | $41.84M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.97% | 0.72% | 1.04% | 0.95% | - | 1.15% | 1.06% | 0.77% | 1.22% | 1.82% | 0.98% | 0.63% | 1.00% | 1.82% | 0.86% | 0.80% |
Upwork EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 1 | 3 | 10 | 9 | 9 | 8 | 8 | 4 | 4 | 5 | 5 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | $-0.03 | $0.13 | $-0.13 | $-0.19 | - | $-0.19 | $-0.18 | $-0.07 | $-0.13 | $-0.06 | $0.01 | $-0.02 | $-0.09 | $-0.09 | $-0.05 | $-0.03 |
Avg Forecast | $0.34 | $0.32 | $0.30 | $0.27 | $0.26 | $0.27 | $0.27 | $0.24 | $0.21 | $0.24 | $0.23 | $0.18 | $0.17 | $0.10 | $-0.00 | $-0.06 | $-0.03 | $-0.07 | $-0.08 | $-0.14 | $-0.07 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $-0.06 | $-0.07 | $-0.02 | $-0.02 | $-0.02 |
High Forecast | $0.34 | $0.32 | $0.30 | $0.27 | $0.27 | $0.27 | $0.27 | $0.24 | $0.22 | $0.24 | $0.23 | $0.19 | $0.18 | $0.12 | $-0.00 | $-0.06 | $-0.03 | $-0.07 | $-0.08 | $-0.14 | $-0.07 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $-0.06 | $-0.07 | $-0.02 | $-0.02 | $-0.02 |
Low Forecast | $0.34 | $0.32 | $0.30 | $0.27 | $0.26 | $0.27 | $0.27 | $0.24 | $0.21 | $0.24 | $0.23 | $0.18 | $0.16 | $0.09 | $-0.00 | $-0.06 | $-0.03 | $-0.07 | $-0.08 | $-0.14 | $-0.08 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $-0.06 | $-0.07 | $-0.02 | $-0.02 | $-0.02 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 31.94% | -2.23% | 4.68% | 2.62% | - | 1.37% | 2.40% | 4.27% | 3.39% | 24.53% | -1.24% | 0.36% | 1.25% | 5.76% | 3.13% | 1.45% |
Upwork Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
UPWK | Upwork | $10.45 | $28.75 | 175.12% | Buy |
TBI | TrueBlue | $7.90 | $12.50 | 58.23% | Buy |
TNET | TriNet Group | $97.29 | $140.00 | 43.90% | Buy |
NSP | Insperity | $89.04 | $114.50 | 28.59% | Strong Sell |
MAN | ManpowerGroup | $73.10 | $93.43 | 27.81% | Buy |
KFRC | Kforce | $62.44 | $71.00 | 13.71% | Hold |
KELYA | Kelly Services | $21.35 | $24.00 | 12.41% | - |
RHI | Robert Half | $63.86 | $68.67 | 7.53% | Hold |
KFY | Korn Ferry | $73.06 | $75.75 | 3.68% | Buy |
HSII | Heidrick & Struggles | $38.07 | $38.50 | 1.13% | Hold |
PAYX | Paychex | $134.93 | $128.63 | -4.67% | Hold |
UPWK Forecast FAQ
Is Upwork a good buy?
Yes, according to 10 Wall Street analysts, Upwork (UPWK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of UPWK's total ratings.
What is UPWK's price target?
Upwork (UPWK) average price target is $28.75 with a range of $11 to $74, implying a 175.12% from its last price of $10.45. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Upwork stock go up soon?
According to Wall Street analysts' prediction for UPWK stock, the company can go up by 175.12% (from the last price of $10.45 to the average price target of $28.75), up by 608.13% based on the highest stock price target, and up by 5.26% based on the lowest stock price target.
Can Upwork stock reach $20?
UPWK's average twelve months analyst stock price target of $28.75 supports the claim that Upwork can reach $20 in the near future.
What is Upwork's current price target trend?
1 Wall Street analyst forecast a $14 price target for Upwork (UPWK) this month, up 33.97% from its last price of $10.45. Compared to the last 3 and 12 months, the average price target increased by 22.49% and increased by 29.86%, respectively.
What are Upwork's analysts' financial forecasts?
Upwork's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $771.23M (high $776.27M, low $766.95M), average EBITDA is $-35.885M (high $-35.686M, low $-36.119M), average net income is $143.83M (high $145.05M, low $142.79M), average SG&A $430.45M (high $433.27M, low $428.07M), and average EPS is $1.04 (high $1.05, low $1.03). UPWK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $851.99M (high $857.56M, low $847.26M), average EBITDA is $-39.643M (high $-39.423M, low $-39.902M), average net income is $170.07M (high $171.51M, low $168.84M), average SG&A $475.53M (high $478.64M, low $472.89M), and average EPS is $1.23 (high $1.24, low $1.22).
Did the UPWK's actual financial results beat the analysts' financial forecasts?
Based on Upwork's last annual report (Dec 2022), the company's revenue was $618.32M, beating the average analysts forecast of $600.38M by 2.99%. Apple's EBITDA was $-73.73M, beating the average prediction of $-55.135M by 33.73%. The company's net income was $-89.885M, beating the average estimation of $-68.582M by 31.06%. Apple's SG&A was $370.83M, beating the average forecast of $346.21M by 7.11%. Lastly, the company's EPS was $-0.69, beating the average prediction of $-0.32 by 115.57%. In terms of the last quarterly report (Sep 2023), Upwork's revenue was $175.73M, beating the average analysts' forecast of $168.24M by 4.46%. The company's EBITDA was $11.47M, missing the average prediction of $-7.828M by -246.48%. Upwork's net income was $16.34M, beating the average estimation of $14.33M by 14.00%. The company's SG&A was $75.96M, missing the average forecast of $93.9M by -19.10%. Lastly, the company's EPS was $0.12, beating the average prediction of $0.104 by 15.77%