Demystifying Upwork: Insights From 8 Analyst Reviews

Across the recent three months, 8 analysts have shared their insights on Upwork UPWK, expressing a variety of opinions spanning from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

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

Insights from analysts' 12-month price targets are revealed, presenting an average target of $18.25, a high estimate of $20.00, and a low estimate of $15.00. Experiencing a 2.46% decline, the current average is now lower than the previous average price target of $18.71.

Analyzing Analyst Ratings: A Detailed Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Upwork. The following summary 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
Brad Erickson RBC Capital Maintains Sector Perform $18.00 $18.00
Matthew Condon JMP Securities Raises Market Outperform $20.00 $18.00
Brad Erickson RBC Capital Maintains Sector Perform $18.00 $18.00
Ronald Josey Citigroup Lowers Neutral $18.00 $19.00
Bernie McTernan Needham Maintains Buy $19.00 $19.00
Brent Thill Jefferies Lowers Buy $20.00 $21.00
Nat Schindler Scotiabank Announces Sector Perform $15.00 -
Andrew Boone Citizens Capital Markets Maintains Market Outperform $18.00 $18.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Upwork. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Upwork compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

For valuable insights into Upwork's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Upwork analyst ratings.

Delving into Upwork's Background

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: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Upwork displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 0.93%. 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 is impressive, surpassing industry averages. With a net margin of 19.58%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Upwork's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 6.45%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Upwork's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.08% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Upwork's debt-to-equity ratio is below the industry average. With a ratio of 0.62, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.

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

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