UPWKUPWKCommunication Services · Internet Content & Information

UPWK Stock Forecast: Upwork, Inc. Price Predictions for 2026-2027

Last close, 13 Nov 2026
$9.93
+0.66% on the day

The 9 Wall Street analysts covering Upwork, Inc. hold a median 12-month price target of $11 — +5.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 92 of 100 as at 13 Nov 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$1.2B
Ticker Nerd rank
92/ 100
Median analyst target
$11
Analysts covering
9
Revenue$191.7M−1.7% y/y
Operating income$28.1M
Net income$25.4M
Free cash flow$35.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.9%
1M
+14.9%
YTD
−49.9%
1Y
−41.8%
From 52W high
−55.1%
From 52W low
+26.6%
$8
$22
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

UPWK stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Upwork, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 13 Nov 2026
92/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
100
Value
98
Quality
90
Accruals
83
Revisions
82
Volatility
80
Size
41
Momentum
29
Growth
23

Issuance (100): The share count has been shrinking and the company is not leaning on new borrowing.

Growth (23): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

UPWK stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on UPWK, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$15$20Jan 26Apr 26Jul 26Oct 26UPWKHigh $14Median $11Low $8

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says9 analysts
3 Buy6 Hold0 Sell
Low $8Median $11High $14

The green dot is the last close — the median target sits +5.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 6 moved it down.

DateFirmActionRatingTarget
3 Nov 2026BTIGReiteratesNeutral—
3 Nov 2026NeedhamMaintainsBuy$11 → $13
3 Nov 2026RBC CapitalReiteratesSector Perform$8.00
3 Nov 2026ScotiabankMaintainsSector Perform$8.00 → $10
3 Nov 2026UBSMaintainsNeutral$9.00 → $10
14 Aug 2026UBSMaintainsNeutral$10 → $9.00
14 Aug 2026UBSMaintainsNeutral—
12 Aug 2026Canaccord GenuityMaintainsHold$10 → $9.00
12 Aug 2026Canaccord GenuityMaintainsHold—
11 Aug 2026NeedhamMaintainsBuy$15 → $11
11 Aug 2026NeedhamMaintainsBuy—
11 Aug 2026RBC CapitalMaintainsSector Perform—
11 Aug 2026RBC CapitalMaintainsSector Perform$9.00 → $8.00
11 Aug 2026ScotiabankMaintainsSector Perform$10 → $8.00
11 Aug 2026ScotiabankMaintainsSector Perform—
21 May 2026CitigroupMaintainsNeutral$17 → $10
21 May 2026CitigroupMaintainsNeutral—
11 May 2026RBC CapitalMaintainsSector Perform—
8 May 2026Canaccord GenuityDowngradeHold—
8 May 2026CitizensDowngradeMarket Perform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

UPWK appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

UPWK vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 13 Nov 2026, Upwork, Inc. returned −41.8% against +13.4% for the S&P 500, dividends included.

UPWK vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Jan 26Apr 26Jul 26Oct 26UPWKS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

UPWK analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
−5.2%
Fundamentals

Upwork, Inc. (UPWK) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.2×

Cheaper than 52% of US stocks

Price / sales
1.6×

Cheaper than 56% of US stocks

Price / book
1.9×

Cheaper than 44% of US stocks

EV / EBITDA
5.9×

Cheaper than 51% of US stocks

Growth & margins
Revenue growth (YoY)
−8.0%

Higher than 18% of US stocks

Earnings growth (YoY)
8.4%

Higher than 47% of US stocks

Gross margin
76.4%

Higher than 88% of US stocks

Operating margin
19.1%

Higher than 79% of US stocks

Net margin
13.5%

Higher than 75% of US stocks

Returns & dividend
Return on equity
16.3%

Higher than 76% of US stocks

Return on assets
8.2%

Higher than 88% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Upwork, Inc. (UPWK) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Upwork, Inc. has a market value of $1.2B and an enterprise value of $953.8M.

  • Revenue in the twelve months to 30 June 2026: $787.3M. The latest quarter shrank 8.0% year on year.

  • Net income over the same four quarters: $101.8M, a 12.9% net margin.

  • Diluted earnings per share, trailing twelve months: $0.77.

  • Free cash flow in the twelve months to 30 June 2026: $175.5M.

  • Upwork, Inc. spent $174.8M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 124.8M.

  • Trailing P/E: 12.2×; forward P/E: 8.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Upwork, Inc. employs 630 people — $1.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Nov 2026

Data provided by Twelve Data

Peers

UPWK vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInternet Content & Information
CompanyMarket capTKN rank
UPWKUpwork, Inc.$1.2B92
DJTTrump Media & Technology Group Corp.$1.3B17
YELPYelp, Inc.$1.1B89
WBTNWEBTOON Entertainment, Inc.$1.3B36
EVEREverQuote, Inc.$997.3M96
MAXMediaAlpha, Inc.$901.2M91
GENIGenius Sports Ltd.$1.7B2

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Upwork, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest UPWK news & analysis

Upwork: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 3 Nov 2026positive

Upwork acquired WorkMotion to expand Lifted’s enterprise capabilities globally. Business Plus revenue grew 120% year over year in Q3.

Why it matters — The acquisition and Business Plus revenue growth are developments relevant to watchers of Upwork’s enterprise business.

Upwork: Short-Term Survival Doesn't Mean Long-Term Relevance

Seeking Alpha · 3 Nov 2026negative

Seeking Alpha reports that Upwork shares rose about 10% after Q3 earnings, despite worsening revenue contractions and ongoing secular headwinds. The article argues that upward guidance momentum does not resolve concerns about the company's long-term sustainability.

Why it matters — The item highlights a contrast between the recent share rebound and the article's concerns about Upwork's underlying business challenges.

Upwork Inc. (UPWK) Q3 2026 Earnings Call Transcript

Seeking Alpha · 3 Nov 2026neutral

Upwork held its third-quarter 2026 earnings call on November 2, 2026. The excerpt lists company representatives and participating analysts but provides no discussion of results or business developments.

Why it matters — The excerpt establishes that the quarterly call took place, but it does not contain information about Upwork’s financial performance or outlook.

Upwork Q3 Earnings Call Highlights

MarketBeat · 3 Nov 2026positive

Upwork reported third-quarter results above its guidance range. The company highlighted a shift toward higher-value, more complex work, larger clients and AI-enabled demand channels.

Why it matters — These results and strategic priorities provide UPWK watchers with an update on the business’s performance and direction.

Upwork Embeds Freelance Marketplace Inside Top AI Tools

PYMNTS · 3 Nov 2026neutral

Upwork is rolling out new tools as AI reshapes work and how clients and talent use its marketplace, CEO Hayden Brown said during the company’s third-quarter earnings call.

Why it matters — The update highlights how Upwork is adapting its marketplace and tools to changes in AI-driven work.

FAQ

Frequently asked questions about UPWK stock

What is the UPWK stock price forecast for 2026-2027?

The 9 Wall Street analysts covering Upwork, Inc. have a median 12-month price target of $11, with estimates ranging from $8 to $14. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is UPWK stock a buy right now?

Of the 9 analysts covering Upwork, Inc., 3 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Upwork, Inc. 92 out of 100 across roughly 4,600 US stocks as at 13 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank UPWK?

As at 13 Nov 2026, Upwork, Inc. ranks 92 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (100 of 100).

Will UPWK stock go up?

No one can know that. What the data says: the median 12-month target from 9 analysts implies +5.8% from the last close, and Ticker Nerd's factor model ranks Upwork, Inc. 92 out of 100 as at 13 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the UPWK stock forecast for 2030?

No analyst covering Upwork, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for UPWK are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $8 to $14 over the next 12 months.

How has UPWK stock performed over the past year?

Upwork, Inc. returned -41.8% over the 12 months to 13 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Upwork, Inc. do?

Upwork Inc. is an online work marketplace that connects businesses with independent professionals, agencies, fractional talent, and payrolled workers.

What is the latest news on UPWK?

The most recent item we track (The Motley Fool, 3 Nov 2026): "Upwork: 3 Key Takeaways for Long-Term Investors". Upwork acquired WorkMotion to expand Lifted’s enterprise capabilities globally. Business Plus revenue grew 120% year over year in Q3.

Company

About Upwork, Inc.

Upwork Inc. is an online work marketplace that connects businesses with independent professionals, agencies, fractional talent, and payrolled workers. The company provides a platform for sourcing, hiring, contracting, collaborating, and paying talent across a wide range of knowledge-based services, including software development, design and creative work, marketing, customer support, and finance. Upwork also offers enterprise workforce solutions and managed services that help organizations manage contingent labor, project delivery, compliance, invoicing, and remote collaboration. Its platform serves companies of all sizes, from startups to large enterprises, and supports global cross-border work through digital tools built for flexible staffing and project-based engagement. Headquartered in Palo Alto, California, Upwork plays a significant role in the modern freelance economy by providing infrastructure that brings businesses and skilled independent talent together on a single platform.

CEO Ms. Hayden Brown · 630 employees · United States · https://www.upwork.com