The Analyst Verdict: Upwork In The Eyes Of 8 Experts

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8 analysts have shared their evaluations of Upwork UPWK during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 2 2 0 0
Last 30D 0 1 0 0 0
1M Ago 2 0 2 0 0
2M Ago 1 1 0 0 0
3M Ago 1 0 0 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $18.5, a high estimate of $20.00, and a low estimate of $17.00. Surpassing the previous average price target of $17.88, the current average has increased by 3.47%.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Upwork among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Andrew Boone Citizens Capital Markets Maintains Market Outperform $18.00 $18.00
Rohit Kulkarni Roth MKM Lowers Buy $19.00 $20.00
Brad Erickson RBC Capital Raises Sector Perform $18.00 $16.00
Kunal Madhukar UBS Raises Neutral $19.00 $18.00
Bernie McTernan Needham Raises Buy $19.00 $17.00
Nicholas Jones JMP Securities Maintains Market Outperform $18.00 $18.00
Bernie McTernan Needham Maintains Buy $17.00 $17.00
Brent Thill Jefferies Raises Buy $20.00 $19.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Upwork. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Upwork compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Upwork's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Upwork's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Upwork analyst ratings.

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About Upwork

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.

A Deep Dive into Upwork's Financials

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Upwork displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 4.1%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Upwork's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 76.86% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Upwork's ROE excels beyond industry benchmarks, reaching 29.83%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Upwork's ROA excels beyond industry benchmarks, reaching 12.94%. This signifies efficient management of assets and strong financial health.

Debt Management: Upwork's debt-to-equity ratio is below the industry average at 0.64, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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UPWKUpwork Inc
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