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Upwork Inc has a consensus price target of $19.57 based on the ratings of 14 analysts. The high is $40 issued by Piper Sandler on January 13, 2022. The low is $9 issued by B of A Securities on May 4, 2023. The 3 most-recent analyst ratings were released by UBS, Citigroup, and BTIG on December 4, 2024, November 29, 2024, and November 7, 2024, respectively. With an average price target of $17.67 between UBS, Citigroup, and BTIG, there's an implied 7.61% upside for Upwork Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Upwork (NASDAQ:UPWK) was reported by UBS on December 4, 2024. The analyst firm set a price target for $18.00 expecting UPWK to rise to within 12 months (a possible 9.64% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Upwork (NASDAQ:UPWK) was provided by UBS, and Upwork maintained their neutral rating.
The last upgrade for Upwork Inc happened on May 2, 2024 when BTIG raised their price target to $16. BTIG previously had a neutral for Upwork Inc.
The last downgrade for Upwork Inc happened on August 28, 2023 when BTIG changed their price target from N/A to N/A for Upwork Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Upwork, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Upwork was filed on December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Upwork (UPWK) rating was a maintained with a price target of $17.00 to $18.00. The current price Upwork (UPWK) is trading at is $16.42, which is out of the analyst’s predicted range.
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