UPWKUPWKCommunication Services · Internet Content & Information

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

Last close, 5 Oct 2026
$8.36
+3.85% on the day

The 10 Wall Street analysts covering Upwork, Inc. hold a median 12-month price target of $9 — +7.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 66 of 100 as at 3 Oct 2026 — in the upper half.

Market cap
$1.0B
Ticker Nerd rank
66 / 100
Median analyst target
$9.00
Analysts covering
10
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
+3.6%
1M
−4.9%
YTD
−57.8%
1Y
−51.6%
From 52W high
−62.2%
From 52W low
+6.6%
$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 3 Oct 2026
66 / 100

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

Value
98
Quality
89
Volatility
77
Issuance
75
Accruals
75
Size
44
Revisions
44
Growth
24
Momentum
11

Value (98): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Momentum (11): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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 $14.00Median $9.00Low $8.00

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 says10 analysts
3 Buy7 Hold0 Sell
Low $8.00Median $9.00High $14.00

The green dot is the last close — the median target sits +7.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 6 moved it down.

DateFirmActionRatingTarget
14 Aug 2026UBSMaintainsNeutral$10 → $9.00
12 Aug 2026Canaccord GenuityMaintainsHold$10 → $9.00
11 Aug 2026NeedhamMaintainsBuy$15 → $11
11 Aug 2026RBC CapitalMaintainsSector Perform$9.00 → $8.00
11 Aug 2026ScotiabankMaintainsSector Perform$10 → $8.00
21 May 2026CitigroupMaintainsNeutral—
21 May 2026CitigroupMaintainsNeutral$17 → $10
11 May 2026RBC CapitalMaintainsSector Perform—
8 May 2026Canaccord GenuityDowngradeHold—
8 May 2026CitizensDowngradeMarket Perform—
8 May 2026NeedhamMaintainsBuy—
8 May 2026ScotiabankMaintainsSector Perform—
8 May 2026UBSDowngradeNeutral—
10 Feb 2026CitigroupMaintainsNeutral—
10 Feb 2026NeedhamReiteratesBuy—
10 Feb 2026RBC CapitalMaintainsSector Perform—
10 Feb 2026Roth CapitalMaintainsBuy—
10 Feb 2026ScotiabankMaintainsSector Perform—
10 Feb 2026UBSMaintainsBuy—
5 Jan 2026JefferiesMaintainsBuy—

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. UPWK appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 5 Oct 2026, Upwork, Inc. returned −51.6% against +16.2% 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 movingNext fiscal year
EPS revision, 90 days
−9.6%
Analysts raising
0
Analysts cutting
8
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
10.3×

Cheaper than 57% of US stocks

Price / sales
1.3×

Cheaper than 63% of US stocks

Price / book
1.8×

Cheaper than 48% of US stocks

EV / EBITDA
5.2×

Cheaper than 53% of US stocks

Growth & margins
Revenue growth (YoY)
−1.7%

Higher than 25% of US stocks

Earnings growth (YoY)
−22.4%

Higher than 20% of US stocks

Gross margin
76.4%

Higher than 88% of US stocks

Operating margin
21.8%

Higher than 81% of US stocks

Net margin
12.9%

Higher than 75% of US stocks

Returns & dividend
Return on equity
16.7%

Higher than 77% of US stocks

Return on assets
6.6%

Higher than 84% of US stocks

Dividend yield
—

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 $1.0B and an enterprise value of $769.8M.

  • Revenue in the twelve months to 30 June 2026: $787.3M. The latest quarter shrank 1.7% 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: 10.3×; forward P/E: 5.9× — the forward figure prices analyst consensus estimates, not reported 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 4 Oct 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.$1.0B
66
YELPYelp, Inc.$1.0B
71
NXDRNextdoor Holdings, Inc.$908.0M
97
TBLATaboola.com Ltd.$844.1M
93
GRPNGroupon, Inc.$785.2M
40
WBTNWEBTOON Entertainment, Inc.$1.4B
35
EVEREverQuote, Inc.$687.2M
82

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 Inc. (UPWK) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Seeking Alpha · 10 Sept 2026neutral

Upwork Inc. presented at the Goldman Sachs Communacopia + Technology Conference 2026, with a transcript of the presentation published by Seeking Alpha. The presentation featured Upwork's executives discussing company matters at the conference.

Why it matters — UPWK watchers can gain insight into management's perspective and messaging from this conference presentation transcript.

Upwork Inc. (UPWK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

GlobeNewsWire · 7 Sept 2026negative

Law Offices of Howard G. Smith announced it is continuing an investigation on behalf of Upwork Inc. investors into possible violations of federal securities laws by the company. The investigation relates to potential securities fraud, and affected shareholders are being contacted.

Why it matters — A securities fraud investigation introduces potential legal and regulatory risk for Upwork and its shareholders.

Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

GlobeNewsWire · 4 Sept 2026negative

The Law Offices of Frank R. Cruz announced it is continuing its investigation into Upwork Inc. for possible violations of federal securities laws. The firm is urging shareholders who lost money to contact them regarding the ongoing inquiry.

Why it matters — The ongoing securities fraud investigation could indicate potential legal and compliance risk for Upwork that investors will want to monitor.

Upwork to Present at Goldman Sachs Communacopia + Technology Conference

GlobeNewsWire · 26 Aug 2026neutral

Upwork Inc. announced that its senior management will participate in a fireside chat at the Goldman Sachs Communacopia Conference in San Francisco on Wednesday, September 9, 2026, at 3:05 p.m. PT / 6:05 p.m. ET.

Why it matters — This appearance gives Upwork watchers an opportunity to hear directly from senior management about the company's outlook at a major industry investor conference.

Upwork: Earnings Selloff Is A Time To Buy, But AI Is A Real Threat

Seeking Alpha · 13 Aug 2026positive

Upwork faces significant AI-driven headwinds, as its recent quarterly results showed revenue beating guidance but declining year-over-year, with forward guidance lowered. Despite these challenges, the item highlights the company's low valuation and strong margins (77.5% gross margin, 22% levered FCF margin) as offering a compelling risk-reward profile, calling the post-earnings selloff a buying opportunity.

Why it matters — UPWK watchers would care because the item weighs artificial intelligence as an ongoing competitive threat against a low valuation and robust margins that could cushion further downside.

FAQ

Frequently asked questions about UPWK stock

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

The 10 Wall Street analysts covering Upwork, Inc. have a median 12-month price target of $9, 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 10 analysts covering Upwork, Inc., 3 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Upwork, Inc. 66 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank UPWK?

As at 3 Oct 2026, Upwork, Inc. ranks 66 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 Value (98 of 100).

Will UPWK stock go up?

No one can know that. What the data says: the median 12-month target from 10 analysts implies +7.7% from the last close, and Ticker Nerd's factor model ranks Upwork, Inc. 66 out of 100 as at 3 Oct 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 -51.6% over the 12 months to 5 Oct 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 (Seeking Alpha, 10 Sept 2026): "Upwork Inc. (UPWK) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript". Upwork Inc. presented at the Goldman Sachs Communacopia + Technology Conference 2026, with a transcript of the presentation published by Seeking Alpha. The presentation featured Upwork's executives discussing company matters at the conference.

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