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Upwork Inc. (UPWK)

Communication Services | Internet Content & Information | Palo Alto, United States | NasdaqGS
11.14 USD +0.05 (0.451%) ⇧ (April 21, 2026, 3:17 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:56 a.m. EDT

Upwork (UPWK) presents a polarized picture: technically a value trap due to massive earnings collapse (-89% growth), yet fundamentally undervalued with a forward P/E of 6.5x and strong analyst consensus (Buy). The near-term technical outlook is muted (2 stars) as the stock inches above the $50-day moving average after a significant drawdown, while options flow shows a distinct 'bottoming' pattern with heavy speculation on holding a floor at $10 rather than immediate explosive upside.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.491161
AutoARIMA0.493800
AutoETS0.494623
AutoTheta0.505609

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 31%
H-stat 3.56
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 0.53
Attribute Value
Sector Communication Services
Debt to Equity Ratio 58.883
Revenue per Share 5.946
Market Cap 1,455,495,424
Trailing P/E 13.26
Forward P/E 6.44
Beta 1.19
Profit Margins 14.65%
Website https://www.upwork.com

As of April 19, 2026, 12:56 a.m. EDT: Options activity reveals significant defensive positioning with heavy put open interest at the $10 strike (deep ITM for April, ATM for May) and high Put OI relative to Call OI across near-term expirations ($17.5M in put OI vs $4.6M in call OI for Apr). This suggests a speculative hedge against downside support at $10. Conversely, there is notable uncovered call OI at $15 for April (Node Analysis top strike), indicating some speculative supply-side cap building in that target zone. Implied Volatility is elevated for near-term strikes, particularly for puts (1.69% vs 1.16% for calls), pricing in higher downside risk.


Info Dump

Attribute Value
52 Week Change -0.13629282
Address1 530 Lytton Avenue
Address2 Suite 301
All Time High 64.49
All Time Low 5.14
Ask 14.02
Ask Size 2
Audit Risk 1
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 3,094,860
Average Daily Volume3 Month 3,864,349
Average Volume 3,864,349
Average Volume10Days 3,094,860
Beta 1.185
Bid 8.31
Bid Size 2
Board Risk 3
Book Value 4.828
City Palo Alto
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.14
Current Ratio 1.462
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.6
Day Low 10.91
Debt To Equity 58.883
Display Name Upwork
Earnings Call Timestamp End 1,778,187,600
Earnings Call Timestamp Start 1,778,187,600
Earnings Growth -0.889
Earnings Quarterly Growth -0.894
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda 145,416,992
Ebitda Margins 0.18459
Enterprise To Ebitda 7.869
Enterprise To Revenue 1.453
Enterprise Value 1,144,284,544
Eps Current Year 1.44023
Eps Forward 1.73086
Eps Trailing Twelve Months 0.84
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.4166
Fifty Day Average Change -1.2765999
Fifty Day Average Change Percent -0.10281397
Fifty Two Week Change Percent -13.629282
Fifty Two Week High 22.84
Fifty Two Week High Change -11.7
Fifty Two Week High Change Percent -0.5122592
Fifty Two Week Low 10.27
Fifty Two Week Low Change 0.8699999
Fifty Two Week Low Change Percent 0.084712744
Fifty Two Week Range 10.27 - 22.84
Financial Currency USD
First Trade Date Milliseconds 1,538,573,400,000
Float Shares 121,463,510
Forward Eps 1.73086
Forward P E 6.436107
Free Cashflow 182,958,880
Full Exchange Name NasdaqGS
Full Time Employees 630
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.77817
Gross Profits 613,032,000
Has Pre Post Market Data 1
Held Percent Insiders 0.07669
Held Percent Institutions 1.06734
Implied Shares Outstanding 130,654,883
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.
Long Name Upwork Inc.
Market us_market
Market Cap 1,455,495,424
Market State REGULAR
Max Age 86,400
Message Board Id finmb_425007667
Most Recent Quarter 1,767,139,200
Net Income To Common 115,425,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,445,916,562
Number Of Analyst Opinions 10
Open 11.16
Operating Cashflow 248,259,008
Operating Margins 0.1426
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 0.85
Phone 650 316 7500
Previous Close 11.09
Price Eps Current Year 7.7348757
Price Hint 2
Price To Book 2.3073738
Price To Sales Trailing12 Months 1.8475819
Profit Margins 0.14652
Quick Ratio 1.152
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.90909
Region US
Regular Market Change 0.05000019
Regular Market Change Percent 0.45085835
Regular Market Day High 11.6
Regular Market Day Low 10.91
Regular Market Day Range 10.91 - 11.6
Regular Market Open 11.16
Regular Market Previous Close 11.09
Regular Market Price 11.14
Regular Market Time 1,776,799,050
Regular Market Volume 1,623,991
Return On Assets 0.06656
Return On Equity 0.19147
Revenue Growth 0.036
Revenue Per Share 5.946
Sand P52 Week Change 0.34445214
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 4
Shares Outstanding 130,380,213
Shares Percent Shares Out 0.1722
Shares Short 22,445,327
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 21,189,130
Short Name Upwork Inc.
Short Percent Of Float 0.2504
Short Ratio 6.82
Source Interval 15
State CA
Symbol UPWK
Target High Price 27.0
Target Low Price 15.0
Target Mean Price 21.4
Target Median Price 22.0
Total Cash 672,780,992
Total Cash Per Share 5.16
Total Debt 371,148,992
Total Revenue 787,784,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.84
Trailing P E 13.261906
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.0191
Two Hundred Day Average Change -4.8791
Two Hundred Day Average Change Percent -0.30458015
Type Disp Equity
Volume 1,623,977
Website https://www.upwork.com
Zip 94,301