NASDAQ:UPWK - Upwork Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $33.78
  • Forecasted Upside: -25.32 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$45.23
▲ +1.11 (2.52%)
1 month | 3 months | 12 months
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Analyst Price Target for UPWK

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$33.78
▼ -25.32% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Upwork in the last 3 months. The average price target is $33.78, with a high forecast of $48.00 and a low forecast of $10.00. The average price target represents a -25.32% upside from the last price of $45.23.
Buy
The current consensus among 9 polled investment analysts is to buy stock in Upwork. This rating has held steady since April 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/6/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/4/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/31/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/28/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/12/2021Smith Barney CitigroupUpgradeNeutral ➝ Buy$32.00 ➝ $48.00Medium
i
1/12/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellUpgradeNeutral ➝ Buy$32.00 ➝ $48.00High
i
1/11/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$39.00Medium
i
12/16/2020MKM PartnersBoost Price TargetBuy$28.00 ➝ $44.00Low
i
11/18/2020BTIG ResearchBoost Price TargetBuy$27.00 ➝ $42.00Medium
i
11/5/2020BTIG ResearchBoost Price TargetBuy$19.00 ➝ $27.00High
i
11/5/2020MKM PartnersBoost Price TargetBuy$20.00 ➝ $28.00High
i
11/5/2020JMP SecuritiesBoost Price TargetOutperform$20.00 ➝ $28.00High
i
11/5/2020Stifel NicolausUpgradeHold ➝ Buy$17.00 ➝ $31.00High
i
9/21/2020BTIG ResearchBoost Price TargetBuy$17.00 ➝ $19.00Medium
i
8/26/2020MKM PartnersInitiated CoverageBuy$20.00Low
i
8/5/2020Stifel NicolausReiterated RatingHold$17.00High
i
7/1/2020BTIG ResearchBoost Price TargetBuy$14.00 ➝ $16.00High
i
3/19/2020JMP SecuritiesLower Price Target$19.00 ➝ $11.00Medium
i
2/27/2020Royal Bank of CanadaLower Price TargetOutperform$20.00 ➝ $14.00High
i
2/27/2020BTIG ResearchLower Price TargetBuy$20.00 ➝ $14.00High
i
2/27/2020Cantor FitzgeraldLower Price TargetOverweight$19.00 ➝ $10.00High
i
1/24/2020GuggenheimDowngradeBuy ➝ Neutral$25.00 ➝ $11.00Medium
i
Rating by Christopher Pasquale at Guggenheim
1/2/2020GuggenheimDowngradeHoldHigh
i
Rating by Christopher Pasquale at Guggenheim
1/2/2020CitigroupDowngradeBuy ➝ Neutral$23.00 ➝ $12.00Low
i
11/7/2019Royal Bank of CanadaLower Price TargetOutperform$20.00High
i
10/31/2019First AnalysisInitiated CoverageOutperform$18.00Medium
i
9/24/2019CitigroupLower Price TargetBuy$26.00 ➝ $23.00Low
i
8/11/2019Royal Bank of CanadaReiterated RatingBuy$25.00Medium
i
6/26/2019Jefferies Financial GroupUpgradeHold ➝ Buy$23.00Low
i
6/18/2019Cantor FitzgeraldInitiated CoverageOverweightMedium
i
4/11/2019BTIG ResearchInitiated CoverageBuy$24.00Low
i
11/8/2018Jefferies Financial GroupBoost Price TargetHold ➝ Hold$20.00 ➝ $21.00High
i
10/29/2018Jefferies Financial GroupInitiated CoverageHold ➝ Hold$20.00High
i
10/29/2018CitigroupInitiated CoverageBuy ➝ Buy$23.00High
i
10/29/2018Royal Bank of CanadaInitiated CoverageOutperform ➝ Outperform$24.00High
i
10/29/2018Stifel NicolausInitiated CoverageHold$18.00High
i
10/24/2018GuggenheimInitiated CoverageBuy ➝ Buy$25.00High
i
(Data available from 1/27/2016 forward)
Upwork logo
Upwork Inc. operates an online talent marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers) in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with approximately 8,000 skills across approximately 70 categories, including content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development. Its platform also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's platform offers access to various functionalities for remote engagements with freelancers comprising communication and collaboration, time tracking, invoicing, and payment. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Business, 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 Santa Clara, California.
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Today's Range

Now: $45.23
$44.12
$45.99

50 Day Range

MA: $37.88
$33.60
$44.12

52 Week Range

Now: $45.23
$5.14
$45.99

Volume

2,558,595 shs

Average Volume

2,054,211 shs

Market Capitalization

$5.52 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.15

Frequently Asked Questions

What sell-side analysts currently cover shares of Upwork?

The following sell-side analysts have issued research reports on Upwork in the last year: BTIG Research, Cantor Fitzgerald, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Jefferies Financial Group Inc., JMP Securities, MKM Partners, Royal Bank of Canada, Smith Barney Citigroup, Stifel Nicolaus, and Zacks Investment Research.

What is the current price target for Upwork?

9 Wall Street analysts have set twelve-month price targets for Upwork in the last year. Their average twelve-month price target is $33.78, suggesting a possible downside of 25.3%. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell has the highest price target set, predicting UPWK will reach $48.00 in the next twelve months. Cantor Fitzgerald has the lowest price target set, forecasting a price of $10.00 for Upwork in the next year.

What is the current consensus analyst rating for Upwork?

Upwork currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe UPWK will outperform the market and that investors should add to their positions of Upwork.

What other companies compete with Upwork?

How do I contact Upwork's investor relations team?

Upwork's physical mailing address is 2625 Augustine Drive Suite 601, Santa Clara CA, 95054. The company's listed phone number is 650-316-7500 and its investor relations email address is [email protected] The official website for Upwork is www.upwork.com.