UPWK official logo UPWK
UPWK 5-star rating from Upturn Advisory
Upwork Inc (UPWK) company logo

Upwork Inc (UPWK)

Upwork Inc (UPWK) 5-star rating from Upturn Advisory
$19.88
Last Close (24-hour delay)
Today's Top Picks logoToday’s top pick
Profit since last BUY0.96%
upturn advisory logo
Strong Buy
BUY since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/01/2025: UPWK (5-star) is a STRONG-BUY. BUY since 4 days. Simulated Profits (0.96%). Updated daily EoD!

Upturn Star Rating

Upturn 5 star rating for performance

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

3 star rating from financial analysts

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $22.9

1 Year Target Price $22.9

Analysts Price Target For last 52 week
$22.9 Target price
52w Low $11.13
Current$19.88
52w High $20.54

Analysis of Past Performance

Type Stock
Historic Profit 56.44%
Avg. Invested days 36
Today’s Advisory Strong Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.64B USD
Price to earnings Ratio 11.43
1Y Target Price 22.9
Price to earnings Ratio 11.43
1Y Target Price 22.9
Volume (30-day avg) 11
Beta 1.04
52 Weeks Range 11.13 - 20.54
Updated Date 12/2/2025
52 Weeks Range 11.13 - 20.54
Updated Date 12/2/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.74

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When After Market
Estimate 0.28
Actual 0.36

Profitability

Profit Margin 31.63%
Operating Margin (TTM) 15.69%

Management Effectiveness

Return on Assets (TTM) 7.26%
Return on Equity (TTM) 47.52%

Valuation

Trailing PE 11.43
Forward PE 14.01
Enterprise Value 2307131390
Price to Sales(TTM) 3.38
Enterprise Value 2307131390
Price to Sales(TTM) 3.38
Enterprise Value to Revenue 2.95
Enterprise Value to EBITDA 17.38
Shares Outstanding 130654883
Shares Floating 121970253
Shares Outstanding 130654883
Shares Floating 121970253
Percent Insiders 7.52
Percent Institutions 97.78

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Upwork Inc

Upwork Inc(UPWK) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Upwork Inc. was formed in 2015 following the merger of Elance and oDesk, two leading online freelance platforms. Elance was founded in 1998, and oDesk in 2003. The merger aimed to create a larger, more comprehensive platform for connecting businesses with freelance talent. Upwork has since focused on expanding its service offerings and global reach.

Company business area logo Core Business Areas

  • Marketplace Solutions: Provides a platform for businesses to connect with freelancers, manage projects, and make payments. Includes various service packages such as Upwork Basic, Upwork Plus, Upwork Pro, and Upwork Enterprise.
  • Managed Services: Offers customized solutions for larger clients who require more support in finding and managing freelance talent. This includes dedicated account managers and specialized project management assistance.

leadership logo Leadership and Structure

Upwork's CEO is Erica Dhawan. The company operates with a traditional corporate structure, featuring departments for engineering, product development, marketing, sales, and finance. The board of directors oversees the company's strategic direction.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Upwork Marketplace: Upwork's core platform connects businesses with freelancers across various categories like writing, web development, design, and customer service. Revenue is primarily generated through service fees charged on completed projects. Key competitors include Fiverr and Freelancer.com. It's estimated Upwork holds about 50% market share within online talent solutions.
  • Upwork Enterprise: Designed for larger organizations, Upwork Enterprise provides enhanced features, dedicated support, and compliance tools. This service generates significant revenue from larger contract values and premium support fees. Competitors include Guru and Toptal.

Market Dynamics

industry overview logo Industry Overview

The freelance economy is growing rapidly, driven by increased demand for flexible talent and remote work arrangements. Digital platforms and globalization are fueling expansion. The industry is becoming more competitive with many specialized freelance services emerging.

Positioning

Upwork positions itself as a leading platform connecting businesses with high-quality freelance talent. Its competitive advantages include a large talent pool, comprehensive project management tools, and secure payment processing.

Total Addressable Market (TAM)

Estimates of the global freelance market vary but often exceed $1 trillion. Upwork's positioning allows it to capture a significant portion of this TAM, particularly in the enterprise segment where their scale and enterprise tools provide an advantage.

Upturn SWOT Analysis

Strengths

  • Large and diverse talent pool
  • Comprehensive platform features
  • Strong brand recognition
  • Scalable business model

Weaknesses

  • Dependence on freelancer and client activity
  • Competition from other platforms
  • Pricing pressures
  • Potential for project disputes

Opportunities

  • Expanding into new geographic markets
  • Developing new service offerings
  • Increasing adoption by enterprise clients
  • Integrating AI for better matching and project management

Threats

  • Economic downturn affecting project spending
  • Emergence of new competitive platforms
  • Changes in regulations affecting freelance work
  • Data security breaches or privacy concerns

Competitors and Market Share

Key competitor logo Key Competitors

  • Fiverr (FVRR)
  • Freelancer.com (FLN)
  • Guru

Competitive Landscape

Upwork has a larger talent pool and broader range of services than most competitors, but Fiverr offers a more streamlined and lower-cost option. Freelancer.com focuses on lower-end projects. Upwork is positioned for premium freelance work.

Major Acquisitions

Hyvemind

  • Year: 2018
  • Acquisition Price (USD millions):
  • Strategic Rationale: Acquired Hyvemind for its AI-powered matching technology to improve freelancer-project matching accuracy.

Growth Trajectory and Initiatives

Historical Growth: Upwork has experienced significant revenue growth driven by increased adoption of freelancing and its expansion in service offerings.

Future Projections: Analyst estimates suggest continued revenue growth driven by increased demand for remote work and digital talent. Please check analyst reports for updated projections.

Recent Initiatives: Recent initiatives include enhancements to the Upwork Enterprise platform and partnerships aimed at expanding its talent pool and client base.

Summary

Upwork is a leading freelance platform with a strong position in the growing remote work market. Its large talent pool and enterprise solutions are key strengths, but it faces competition and pricing pressures. Expanding into new markets and innovating with AI will be crucial for continued growth. Need to monitor freelancer and client project engagements in an economical downturn and keep up to date to make sure it aligns with laws and regulation.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimations and may vary. Financial data should be verified with official company filings.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Upwork Inc

Exchange NASDAQ
Headquaters Palo Alto, CA, United States
IPO Launch date 2018-10-03
President, CEO & Director Ms. Hayden Brown
Sector Communication Services
Industry Internet Content & Information
Full time employees 600
Full time employees 600

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Payroll, enterprise, managed, 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 incorporated in 2013 and is headquartered in Palo Alto, California.