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UPWK

UPWK - Upwork Inc Stock Price, Fair Value and News

10.56USD-0.08 (-0.75%)Market Closed

Market Summary

UPWK
USD10.56-0.08
Market Closed
-0.75%

UPWK Alerts

  • 3 major insider sales recently.

UPWK Stock Price

View Fullscreen

UPWK RSI Chart

UPWK Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

29.19

Price/Sales (Trailing)

1.95

EV/EBITDA

33.73

Price/Free Cashflow

34.4

UPWK Price/Sales (Trailing)

UPWK Profitability

EBT Margin

7.05%

Return on Equity

13.8%

Return on Assets

4.81%

Free Cashflow Yield

2.91%

UPWK Fundamentals

UPWK Revenue

Revenue (TTM)

719.2M

Rev. Growth (Yr)

18.7%

Rev. Growth (Qtr)

3.81%

UPWK Earnings

Earnings (TTM)

48.2M

Earnings Growth (Yr)

7.43%

Earnings Growth (Qtr)

6.15%

Breaking Down UPWK Revenue

Last 7 days

3.1%

Last 30 days

-11.3%

Last 90 days

-16.0%

Trailing 12 Months

22.3%

How does UPWK drawdown profile look like?

UPWK Financial Health

Current Ratio

2.93

Debt/Equity

1.02

Debt/Cashflow

0.12

UPWK Investor Care

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

0.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024719.2M000
2023637.8M649.6M666.6M689.1M
2022530.5M563.2M593.7M618.3M
2021404.1M440.7M472.1M502.8M
2020314.8M328.1M346.1M373.6M
2019263.1M274.6M289.3M300.6M
2018215.3M228.0M240.7M253.4M
201700183.5M202.6M
2016000164.4M
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Tracking the Latest Insider Buys and Sells of Upwork Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 10, 2024
gretsch gregory c.
gifted
-
-
47,039
-
Jun 10, 2024
gretsch gregory c.
gifted
-
-
-47,039
-
Jun 07, 2024
vazquez-ubarri anilu
acquired
-
-
16,299
-
Jun 07, 2024
harvey kevin
acquired
-
-
21,144
-
Jun 07, 2024
nelson elizabeth a
acquired
-
-
16,299
-
Jun 07, 2024
srinivasan leela
acquired
-
-
16,299
-
Jun 07, 2024
steele gary
acquired
-
-
21,144
-
Jun 07, 2024
gretsch gregory c.
acquired
-
-
21,144
-
Jun 07, 2024
layton thomas
acquired
-
-
26,430
-
May 29, 2024
bottoms dave
sold
-12,551
10.7922
-1,163
gm vp ii, marketplace

1–10 of 50

Which funds bought or sold UPWK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
Boston Partners
new
-
1,383,920
1,383,920
-%
May 16, 2024
Colony Group, LLC
new
-
128,000
128,000
-%
May 16, 2024
SkyView Investment Advisors, LLC
added
17.78
-68,000
2,285,000
0.42%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.63
-408,976
1,504,930
-%
May 16, 2024
COMERICA BANK
reduced
-1.95
-217,245
916,399
-%
May 16, 2024
JANE STREET GROUP, LLC
added
35.46
238,795
2,283,170
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-40.93
-509,550
760,865
-%
May 16, 2024
Tidal Investments LLC
sold off
-100
-191,303
-
-%
May 15, 2024
Ancient Art, L.P.
reduced
-6.53
-19,066,300
64,051,600
12.94%
May 15, 2024
VOLORIDGE INVESTMENT MANAGEMENT, LLC
reduced
-44.07
-6,338,010
5,423,910
0.02%

1–10 of 32

Are Funds Buying or Selling UPWK?

Are funds buying UPWK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own UPWK
No. of Funds

Unveiling Upwork Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.19%
15,226,218
SC 13G/A
Feb 09, 2024
capital international investors
3.4%
4,597,398
SC 13G/A
Jan 26, 2024
blackrock inc.
7.2%
9,768,944
SC 13G/A
Aug 03, 2023
baillie gifford & co
4.92%
6,565,230
SC 13G/A
Jul 10, 2023
vanguard group inc
10.39%
13,862,657
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
0.1%
92,022
SC 13G/A
Feb 13, 2023
capital international investors
5.4%
7,150,413
SC 13G
Feb 09, 2023
vanguard group inc
8.46%
11,105,458
SC 13G/A
Feb 01, 2023
blackrock inc.
6.7%
8,750,581
SC 13G/A
Jan 23, 2023
baillie gifford & co
5.18%
6,807,024
SC 13G

Recent SEC filings of Upwork Inc

View All Filings
Date Filed Form Type Document
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 10, 2024
8-K
Current Report
May 31, 2024
4
Insider Trading
May 29, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Upwork Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.9B
18.9B
-0.11% 12.92%
27.28
5.34
7.08% 13.46%
69.7B
9.4B
-1.90% 41.78%
46.36
7.41
9.34% 15.98%
51.3B
4.2B
-2.69% 22.54%
36.93
12.31
10.92% 20.33%
28.5B
5.4B
-4.61% 0.73%
51.06
5.32
5.76% -4.95%
19.5B
10.7B
-3.43% 45.31%
32.18
1.83
15.15% 122.86%
10.3B
3.6B
-6.89% 2.77%
18.97
2.83
4.33% 10.69%
MID-CAP
6.7B
6.2B
-10.08% -13.35%
18.92
1.09
-13.83% -42.32%
5.5B
2.6B
25.24% 28.98%
-279.74
2.07
-3.11% -123.81%
5.0B
2.7B
-7.96% 6.76%
8.48
1.86
15.08% 18.59%
3.2B
8.2B
10.24% 13.42%
12.74
0.39
3.28% 27.24%
2.0B
2.7B
0.81% 93.94%
19.29
0.72
104.63% 188.16%
SMALL-CAP
291.7M
1.9B
-0.56% -45.34%
32.77
0.15
15.20% -4.30%
115.3M
283.1M
-4.66% -13.64%
13.18
0.41
-0.83% -20.92%
44.2M
212.0K
-13.33% -66.38%
-1.76
213.63
-40.62% -60.52%
8.8M
81.0M
6.57% 1.79%
-7.95
0.11
-5.10% -9.75%

Upwork Inc News

Latest updates
MarketBeat18 hours ago
Yahoo New Zealand News09 Jun 202409:39 pm
Defense World05 Jun 202407:00 am
Yahoo Finance21 May 202407:00 am

Upwork Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.8%190,937183,934175,733168,611160,858161,442158,641156,898141,337136,856128,141124,181113,619106,15396,74887,53183,19678,59678,78674,25668,924
Gross Profit6.3%146,744138,066132,460127,729120,431120,283118,171116,041103,42199,80593,20891,09883,17877,37570,15262,12359,71157,35155,52152,19547,351
Operating Expenses3.1%133,695129,638120,994133,845145,469140,765143,613139,089127,073121,613101,525107,49390,87576,71973,18173,10768,76264,22759,21355,09452,616
  S&GA Expenses-2.9%47,85149,30447,30859,06965,00062,78663,17163,28357,64254,68143,19245,81739,60434,53033,57734,44030,67825,57225,32224,47920,518
  R&D Expenses14.5%52,91646,21743,41943,24644,48141,66438,89835,83038,16133,47330,87328,12426,61322,74320,83320,54719,34816,32216,20915,69615,800
EBITDA Margin-1.4%0.07*0.07*0.03*-0.04*-0.07*-0.14*-0.16*-0.14*-0.14*-0.11*-0.07*-0.06*-0.05*-0.06*-0.08*-0.09*-0.06*----
Interest Expenses143.2%458-1,059711713811-1,8211,1171,1201,125-682746110199138152258230259317357373
Income Taxes185.4%1,329-1,5578951,85779544040.0027.0029.0063.0026.0016.0017.0093.0018.0030.009.00--27.001.00
Earnings Before Taxes25.0%19,77115,81717,232-2,13417,962-16,060-24,787-23,793-24,709-22,493-9,285-16,522-7,8181,018-2,729-10,994-10,012-5,501-3,547-2,424-5,159
EBT Margin-0.6%0.07*0.07*0.03*-0.04*-0.07*-0.14*-0.16*-0.14*-0.14*-0.11*-0.07*-0.06*-0.05*-0.06*-0.08*-0.09*-0.07*----
Net Income6.1%18,44217,37416,337-3,99117,167-16,500-24,827-23,820-24,738-22,556-9,311-16,538-7,835925-2,747-11,024-10,021-5,501-3,547-2,451-5,160
Net Income Margin-1.6%0.07*0.07*0.02*-0.04*-0.08*-0.15*-0.16*-0.14*-0.14*-0.11*-0.07*-0.06*-0.05*-0.06*-0.08*-0.09*-0.07*----
Free Cashflow200.1%5,479-5,47336,5294,332-8,8598,1009,735-855-11,669-12,91020,6332801,8068,8436,1674,025-2,990----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.5%1,0011,0389619319181,0801,0791,0941,1001,0811,094569560529502489482446430449434
  Current Assets-4.0%848883810780768931930944950930940412394361332318313281286306296
    Cash Equivalents-69.0%25.0080.00147154287295331328322187777300269232220209192160189188172
  Net PPE0.0%27.0027.0027.0025.0023.0022.0021.0021.0021.0021.0022.0024.0028.0028.0028.0027.0025.0021.0021.0019.0013.00
  Goodwill0%118118118118118118118118118118118118118118118118118118118118118
Liabilities-0.7%652656618624629831837848851822830261255230220219223187167191190
  Current Liabilities-1.2%289293253255257248252263263234242232226199186183186149149173171
  Long Term Debt0.1%3573563563553555645645635625615611.001.003.005.007.009.0011.0013.0014.0016.00
    LT Debt, Current------------6.008.008.008.008.0023.008.008.0033.0033.00
    LT Debt, Non Current0.1%3573563563553555645645635625615611.001.003.005.007.009.0011.0013.0014.0016.00
Shareholder's Equity-8.4%349381343307289249243246249260265309306299282270259259249245232
  Retained Earnings6.3%-275-294-311-327-323-340-324-299-275-251-228-219-202-194-195-193-181-171-153-150-148
  Additional Paid-In Capital-7.1%627675655636614593572551529511493528508494477463441431416408392
Shares Outstanding-3.0%133137136135133132130130129127127126125119-119,268114,867----
Float----1,155---2,475---6,809---1,533---1,174-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations205.9%5,656-5,33936,9524,309-8,7018,45510,026-446-11,476-12,44820,8645441,8768,9536,7508,364-1,702-94329,8271,569-29,395
  Share Based Compensation-6.1%16,94218,04717,81118,43719,90019,38220,40418,98016,73525,7463,0002,80011,2265,9816,8567,1345,5377,9403,9322,6314,295
Cashflow From Investing109.7%6,140-63,435-45,23844,807152,136-37,03510,73611,874-55,043-402,866-56,73222,9627,656-11,154-58.004,1422,924-27,190-2,3505,143-76,527
Cashflow From Financing-256.1%-56,22036,0051,322400-152,031-6,868-18,188-4,91636,054-9,236512,3067,60527,06414,9573,9674,61131,106-770-26,9689,47747,663
  Buy Backs-66,876--------------------
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UPWK Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 190,937$ 160,858
Cost of revenue44,19340,427
Gross profit146,744120,431
Operating expenses  
Research and development52,91644,481
Sales and marketing47,85165,000
General and administrative32,00129,287
Provision for transaction losses9276,701
Total operating expenses133,695145,469
Income (loss) from operations13,049(25,038)
Other income, net6,72243,000
Income before income taxes19,77117,962
Income tax provision(1,329)(795)
Net income$ 18,442$ 17,167
Net income (loss) per share:  
Basic (in dollars per share)$ 0.14$ 0.13
Diluted (in dollars per share)$ 0.13$ (0.15)
Weighted-average shares used to compute net income per share  
Basic (in shares)136,356,961132,835,837
Diluted (in shares)143,657,049135,966,415
Other comprehensive income, net of tax:  
Net unrealized holding (loss) gain on marketable securities, net$ (591)$ 1,923
Total comprehensive income$ 17,851$ 19,090

UPWK Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 24,667$ 79,641
Marketable securities465,939470,457
Funds held in escrow, including funds in transit222,937212,387
Trade and client receivables – net of allowance of $4,790 and $5,141 as of March 31, 2024 and December 31, 2023, respectively114,403103,061
Prepaid expenses and other current assets20,07317,825
Total current assets848,019883,371
Property and equipment, net27,12827,140
Goodwill118,219118,219
Intangible assets, net2,6563,048
Operating lease asset3,4864,333
Other assets, noncurrent1,3111,430
Total assets1,000,8191,037,541
Current liabilities  
Accounts payable5,9165,063
Escrow funds payable222,937212,387
Accrued expenses and other current liabilities46,68258,192
Deferred revenue13,95717,361
Total current liabilities289,492293,003
Debt, noncurrent356,547356,087
Operating lease liability, noncurrent5,3086,088
Other liabilities, noncurrent5961,288
Total liabilities651,943656,466
Commitments and contingencies (Note 6)
Stockholders’ equity  
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 133,118,345 and 137,272,754 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively1314
Treasury stock, at cost; $175,000 shares as of March 31, 2024(2,138)0
Additional paid-in capital627,007674,918
Accumulated other comprehensive income (loss)(386)205
Accumulated deficit(275,620)(294,062)
Total stockholders’ equity348,876381,075
Total liabilities and stockholders’ equity$ 1,000,819$ 1,037,541
UPWK
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 sales and marketing, customer service, data science and analytics, design and creative, 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 Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency 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 San Francisco, California.
 CEO
 WEBSITEupwork.com
 INDUSTRYInformation Technology Services
 EMPLOYEES850

Upwork Inc Frequently Asked Questions


What is the ticker symbol for Upwork Inc? What does UPWK stand for in stocks?

UPWK is the stock ticker symbol of Upwork Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Upwork Inc (UPWK)?

As of Tue Jun 11 2024, market cap of Upwork Inc is 1.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UPWK stock?

You can check UPWK's fair value in chart for subscribers.

What is the fair value of UPWK stock?

You can check UPWK's fair value in chart for subscribers. The fair value of Upwork Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Upwork Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UPWK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Upwork Inc a good stock to buy?

The fair value guage provides a quick view whether UPWK is over valued or under valued. Whether Upwork Inc is cheap or expensive depends on the assumptions which impact Upwork Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UPWK.

What is Upwork Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 11 2024, UPWK's PE ratio (Price to Earnings) is 29.22 and Price to Sales (PS) ratio is 1.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UPWK PE ratio will change depending on the future growth rate expectations of investors.