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Upwork (UPWK) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

UPWK Stock Forecast

Upwork (UPWK) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $13.40, with a high of $15.00 and a low of $11.00. This represents a -20.94% decline from the last price of $16.95.

$9 $10 $11 $12 $13 $14 $15 $16 $17 High: $15 Avg: $13.4 Low: $11 Last Closed Price: $16.95

UPWK Stock Rating

Upwork stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (90.91%), 1 Hold (9.09%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 11 0 1 10 Strong Sell Sell Hold Buy Strong Buy

UPWK Forecast vs Benchmarks

TypeNameUpside
StockUpwork-20.94%
SectorIndustrials Stocks 15.95%

Price Target Trends

1M3M12M
# Anlaysts--8
Avg Price Target--$13.75
Last Closing Price$16.95$16.95$16.95
Upside/Downside---18.88%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25533--11
Dec, 24533--11
Nov, 24533--11
Oct, 24563--14
Sep, 24563--14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Maria RippsCanaccord Genuity$15.00$12.7317.83%-11.50%
Sep 13, 2024Marvin FongBTIG$14.00$10.2436.72%-17.40%
Aug 08, 2024Bernie McTernanNeedham$14.00$9.2251.84%-17.40%
Aug 08, 2024Matt FarrellPiper Sandler$13.00$10.4624.28%-23.30%
Aug 08, 2024Nrad EricksonRBC Capital$11.00$10.465.16%-35.10%
Jul 02, 2024Joshua ChanUBS$12.00$10.6812.36%-29.20%
May 02, 2024Nrad EricksonRBC Capital$15.00$11.9625.42%-11.50%
May 02, 2024Marvin FongBTIG$16.00$11.9633.78%-5.60%
Oct 27, 2022Bernie McTernanNeedham$19.00$12.6450.32%12.09%
Oct 26, 2022Matt FarrellPiper Sandler$20.00$12.6458.23%17.99%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 06, 2025JefferiesBuyBuyhold
Oct 24, 2024Canaccord GenuityBuyBuyhold
Sep 13, 2024BTIGBuyBuyhold
Aug 08, 2024UBSBuyBuyhold
Aug 08, 2024NeedhamBuyBuyhold
Aug 08, 2024Piper SandlerOverweightOverweighthold
Aug 08, 2024RBC CapitalSector PerformSector Performhold
Jul 02, 2024UBSSector PerformSector Performhold
Jul 02, 2024UBSMarket OutperformNeutralinitialise
May 24, 2024Piper SandlerOverweightOverweighthold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.19$-0.44$-0.69$0.35-----
Avg Forecast$-0.02$-0.08$-0.13$0.48$1.02$1.19$1.36$1.56$1.67
High Forecast$-0.02$-0.08$-0.14$0.47$1.01$1.18$1.10$1.32$1.60
Low Forecast$-0.01$-0.07$-0.13$0.49$1.03$1.27$1.79$1.79$1.78
Surprise %850.00%450.00%430.77%-27.08%-----

Revenue Forecast

$350M $500M $650M $800M $950M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$373.63M$502.80M$618.32M$689.14M-----
Avg Forecast$364.81M$497.74M$616.11M$683.37M$758.58M$766.32M$825.77M$918.85M$1.03B
High Forecast$354.45M$483.60M$598.06M$682.25M$756.63M$751.00M$825.77M$887.57M$991.75M
Low Forecast$371.55M$506.94M$637.03M$684.94M$760.65M$788.19M$825.77M$965.97M$1.08B
Surprise %2.42%1.02%0.36%0.84%-----

Net Income Forecast

$-150M $-70M $10M $90M $170M $250M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-22.87M$-56.24M$-89.89M$46.89M-----
Avg Forecast$-19.03M$-51.17M$-93.54M$46.89M$139.76M$168.06M$198.29M$213.44M$229.23M
High Forecast$-23.57M$-61.41M$-112.25M$37.51M$138.36M$161.86M$150.35M$180.82M$219.09M
Low Forecast$-14.49M$-40.94M$-74.83M$56.26M$141.15M$174.25M$246.23M$246.07M$244.51M
Surprise %20.16%9.90%-3.91%------

UPWK Forecast FAQ

Is Upwork stock a buy?

Upwork stock has a consensus rating of Buy, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Upwork is a favorable investment for most analysts.

What is Upwork's price target?

Upwork's price target, set by 11 Wall Street analysts, averages $13.4 over the next 12 months. The price target range spans from $11 at the low end to $15 at the high end, suggesting a potential -20.94% change from the previous close price of $16.95.

How does Upwork stock forecast compare to the average forecast of its sector, industry, and investment themes?

Upwork stock forecast shows a -20.94% downside, underperforming the average forecast for the industrials stocks sector (15.95%).

What is the breakdown of analyst ratings for Upwork over the past three months?

  • January 2025: 45.45% Strong Buy, 27.27% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 45.45% Strong Buy, 27.27% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 45.45% Strong Buy, 27.27% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.

What is Upwork’s EPS forecast?

Upwork's average annual EPS forecast for its fiscal year ending in December is 1.02 for 2024, a 191.43% increase from the reported $0.35 in 2023. The prediction for 2025 is $1.19, $1.36 for 2026, $1.56 for 2027, and $1.67 for 2028.

What is Upwork’s revenue forecast?

Upwork's average annual revenue forecast for its fiscal year ending in December is $758.58M for 2024, a 10.08% increase from the reported $689.14M in 2023. The forecast for 2025 is $766.32M, $825.77M for 2026, $918.85M for 2027, and $1.03B for 2028.

What is Upwork’s net income forecast?

For its fiscal year ending in December, Upwork's average annual net income forecast is $139.76M for 2024, reflecting an 198.07% increase from the reported $46.89M in 2023. The projection for 2025 is $168.06M, $198.29M for 2026, $213.44M for 2027, and $229.23M for 2028.