NASDAQ
UPWK

Upwork Inc

Staffing & Employment Services
Industrials

Prices are adjusted according to historical splits.

Upwork Inc Stock Price

Vitals

Today's Low:
$13.515
Today's High:
$14.41
Open Price:
$14.13
52W Low:
$6.56
52W High:
$17.6
Prev. Close:
$14.27
Volume:
2212102

Company Statistics

Market Cap.:
$2.02 billion
Book Value:
2.275
Revenue TTM:
$649.55 million
Operating Margin TTM:
-11.87%
Gross Profit TTM:
$457.92 million
Profit Margin:
-4.33%
Return on Assets TTM:
-4.76%
Return on Equity TTM:
-10.18%

Company Profile

Upwork Inc had its IPO on 2018-10-03 under the ticker symbol UPWK.

The company operates in the Industrials sector and Staffing & Employment Services industry. Upwork Inc has a staff strength of 850 employees.

Stock update

Shares of Upwork Inc opened at $14.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.52 - $14.41, and closed at $13.69.

This is a -4.06% slip from the previous day's closing price.

A total volume of 2,212,102 shares were traded at the close of the day’s session.

In the last one week, shares of Upwork Inc have slipped by -8.49%.

Upwork Inc's Key Ratios

Upwork Inc has a market cap of $2.02 billion, indicating a price to book ratio of 6.3185 and a price to sales ratio of 2.44.

In the last 12-months Upwork Inc’s revenue was $649.55 million with a gross profit of $457.92 million and an EBITDA of $-73968000. The EBITDA ratio measures Upwork Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Upwork Inc’s operating margin was -11.87% while its return on assets stood at -4.76% with a return of equity of -10.18%.

In Q2, Upwork Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 7.5%.

Upwork Inc’s PE and PEG Ratio

Forward PE
322.5806
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.5 per share while it has a forward price to earnings multiple of 322.5806 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Upwork Inc’s profitability.

Upwork Inc stock is trading at a EV to sales ratio of 2.4246 and a EV to EBITDA ratio of -17.9751. Its price to sales ratio in the trailing 12-months stood at 2.44.

Upwork Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$930.57 million
Total Liabilities
$254.73 million
Operating Cash Flow
$44.81 million
Capital Expenditure
$3.35 million
Dividend Payout Ratio
0%

Upwork Inc ended 2024 with $930.57 million in total assets and $0 in total liabilities. Its intangible assets were valued at $930.57 million while shareholder equity stood at $306.92 million.

Upwork Inc ended 2024 with $0 in deferred long-term liabilities, $254.73 million in other current liabilities, 13000.00 in common stock, $-327773000.00 in retained earnings and $118.22 million in goodwill. Its cash balance stood at $154.11 million and cash and short-term investments were $516.67 million. The company’s total short-term debt was $6,593,000 while long-term debt stood at $355.17 million.

Upwork Inc’s total current assets stands at $780.03 million while long-term investments were $0 and short-term investments were $362.56 million. Its net receivables were $66.31 million compared to accounts payable of $4.18 million and inventory worth $177.66 million.

In 2024, Upwork Inc's operating cash flow was $44.81 million while its capital expenditure stood at $3.35 million.

Comparatively, Upwork Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$13.69
52-Week High
$17.6
52-Week Low
$6.56
Analyst Target Price
$14.4

Upwork Inc stock is currently trading at $13.69 per share. It touched a 52-week high of $17.6 and a 52-week low of $17.6. Analysts tracking the stock have a 12-month average target price of $14.4.

Its 50-day moving average was $12.48 and 200-day moving average was $11.06 The short ratio stood at 2.47 indicating a short percent outstanding of 0%.

Around 853.4% of the company’s stock are held by insiders while 7459.4% are held by institutions.

Frequently Asked Questions About Upwork Inc

The stock symbol (also called stock or share ticker) of Upwork Inc is UPWK

The IPO of Upwork Inc took place on 2018-10-03

Similar Industry Stocks (Staffing & Employment Services)

Last Price
Chg
Chg%
$7.21
0.64
+9.74%
$22.47
0.18
+0.81%
$0.2
-0
-0.99%
$275.5
-14.5
-5%
$7.96
0.08
+1.02%
Future Consumer Ltd (FCONSUMER)
$0.92
-0.01
-1.08%
$34.48
-1.74
-4.8%
$21.76
0.27
+1.26%
Allbirds Inc (BIRD)
$1.41
0.08
+6.02%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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.

Address

475 Brannan Street, Santa Clara, CA, United States, 95054