Upwork Inc

Upwork Inc (UPWK) Stock Analysis

$8.430

-0.299 (-3.55%)At close

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High
8.815
Open
8.800
VWAP
8.53
Volume
1.79M
Mkt Cap
1.40B
Low
8.340
Amount
15.26M
EV/EBITDA, TTM
5.29

Upwork Inc. operates a working marketplace, which connects businesses with independent talent. The Company's independent talent refers to the talent that includes independent professionals and agencies of varying sizes. The Company’s marketplace offerings are designed for clients looking to identify hiring. Its marketplace offerings provide clients with access to independent talent with verified work history and client feedback from the marketplace platform. They also receive perks, such as a verified client badge and highlighted job posts. Upwork Payroll is available to clients when they choose to work with talent that they engage through Upwork as employees. With Upwork Payroll, clients have access to third-party staffing providers to employ talent and meet their talent needs through its work marketplace. It offers two lines of service: managed services and enterprise solutions. Its managed services offer a service-led program management and end-to-end project delivery solution.

AI analysis of Upwork Inc (UPWK)

Hold

Upwork Inc is currently priced at $8.43, which is below several analyst price targets, including $9 from Canaccord and $8.50 from Citi. However, the stock has seen a significant year-to-date decline of 57.51%, indicating ongoing challenges. The RSI is at 46.51, suggesting it is neither overbought nor oversold, which implies a neutral short-term outlook. The main risk is the company's declining net income, which dropped to $25.4 million in Q2 2026, down from $31.5 million in Q1 2026, reflecting pressure from market competition and AI advancements.

Analyst Ratings (6)

+162.16% upside
Buy
4 Buy
2 Hold
0 Sell
Current: 8.43
Low
15.00
Average
22.10
High
27.00

Citi

2026-08-12

Price Target

$10

Neutral

Canaccord

2026-08-12

Price Target

$9

Hold

Scotiabank

2026-08-11

Price Target

$8

Sector Perform

Goldman Sachs

2026-08-11

Price Target

—

Buy

RBC Capital

2026-08-11

Price Target

$8

Sector Perform

Valuation Metrics

The current forward P/E ratio for Upwork Inc (UPWK) is 5.49, compared to its 5-year average forward P/E of -48.85.

Forward P/E

Fair
5Y Average P/E
-48.85
Current P/E
5.49
Overvalued
90.18
Undervalued
-187.89

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
7.80
Current EV/EBITDA
5.29
Overvalued
245.77
Undervalued
-230.16

Forward P/S

Fair
5Y Average P/S
2.83
Current P/S
1.48
Overvalued
4.53
Undervalued
1.12

Alphio AI Price Scenarios for UPWK

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%UPWK

$16.61

Scenario price

B

Base

Base · 50%UPWK

$13.96

Scenario price

B

Bear

Bear · 25%UPWK

$11.52

Scenario price

Whales holding UPWK

R

Rice Hall James & Associates, LLC

+ HoldingUPWK

-0.61%

3M Return

Events Timeline

2026-08-11 (ET)

16:30:00

Major Averages Close Broadly Lower as Investors Await CPI Report

12:00:00

Major Averages Dip Slightly as Investors Await CPI Report

09:00:00

Stock Futures Modestly Higher as Investors Await CPI Report

2026-08-10 (ET)

19:30:00

Babcock & Wilcox Enterprises Shares Up 39.5%

17:00:00

Cuts FY26 Revenue View to $730M-$750M

News

UPWK FAQ — answered by Alphio AI

Upwork Inc. operates a working marketplace, which connects businesses with independent talent. The Company's independent talent refers to the talent that includes independent professionals and agencies of varying sizes. The Company’s marketplace offerings are designed for clients looking to identify hiring. Its marketplace offerings provide clients with access to independent talent with verified work history and client feedback from the marketplace platform. They also receive perks, such as a verified client badge and highlighted job posts. Upwork Payroll is available to clients when they choose to work with talent that they engage through Upwork as employees. With Upwork Payroll, clients have access to third-party staffing providers to employ talent and meet their talent needs through its work marketplace. It offers two lines of service: managed services and enterprise solutions. Its managed services offer a service-led program management and end-to-end project delivery solution. It operates in the Industrials sector (SERVICES-COMPUTER PROCESSING & DATA PREPARATION industry).

Upwork Inc is currently priced at $8.43, which is below several analyst price targets, including $9 from Canaccord and $8.50 from Citi. However, the stock has seen a significant year-to-date decline of 57.51%, indicating ongoing challenges. The RSI is at 46.51, suggesting it is neither overbought nor oversold, which implies a neutral short-term outlook. The main risk is the company's declining net income, which dropped to $25.4 million in Q2 2026, down from $31.5 million in Q1 2026, reflecting pressure from market competition and AI advancements.

6 analysts cover UPWK: 4 rate it Buy, 2 Hold and 0 Sell. The average price target is 22.10.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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