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NASDAQ: UPWK
Upwork Inc Stock Forecast, Predictions & Price Target

Analyst price target for UPWK

Based on 4 analysts offering 12 month price targets for Upwork Inc.
Min Forecast
$39.00+8.67%
Avg Forecast
$53.75+49.76%
Max Forecast
$68.00+89.47%

Should I buy or sell UPWK stock?

Based on 4 analysts offering ratings for Upwork Inc.
Strong Buy
Strong Buy
2 analysts 50%
Buy
1 analysts 25%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

UPWK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Bottom 5%
5
BuyMaintains$60.00+67.18%2021-10-28
Anonymous
Bank of America
Strong BuyInitiates Coverage On$65.00+81.11%2021-10-01
BTIG
Top 17%
84
Strong BuyMaintains$68.00+89.47%2021-02-16
Citigroup
Top 9%
92
Strong BuyUpgrades$48.00+33.74%2021-01-12
Jefferies
Top 1%
100
HoldDowngrades$39.00+8.67%2021-01-11

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Forecast return on equity

Is UPWK forecast to generate an efficient return?
Company
N/A
Industry
25.66%
Market
37.5%

Forecast return on assets

Is UPWK forecast to generate an efficient return on assets?
Company
N/A
Industry
8.62%

UPWK earnings per share forecast

What is UPWK's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.42+68%
Avg 2 year Forecast
-$0.20-20%
Avg 3 year Forecast
-$0.03-88%

UPWK revenue forecast

What is UPWK's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$498.0M+5.49%
Avg 2 year Forecast
$622.4M+31.84%
Avg 3 year Forecast
$792.8M+67.93%
UPWK's revenue is forecast to grow at a rate of 18.86% per year, which is not exceptional
Forecast

UPWK revenue growth forecast

How is UPWK forecast to perform vs Industrials companies and vs the US market?
Company
18.86%
Industry
11.31%
Market
10.08%
UPWK's revenues are forecast to grow faster (18.86% per year) than the US Industrials industry average (11.31%)
Forecast
UPWK's revenues are forecast to grow faster (18.86% per year) than the US market average (10.08%)
Forecast

Upwork Stock Forecast FAQ

Is Upwork Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: UPWK) stock is to Strong Buy UPWK stock.

Out of 4 analysts, 2 (50%) are recommending UPWK as a Strong Buy, 1 (25%) are recommending UPWK as a Buy, 1 (25%) are recommending UPWK as a Hold, 0 (0%) are recommending UPWK as a Sell, and 0 (0%) are recommending UPWK as a Strong Sell.

What is UPWK's earnings growth forecast for 2021-2023?

(NASDAQ: UPWK) Upwork's forecast annual earnings growth rate of N/A is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 16.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Upwork's earnings in 2021 is -$32,759,000.On average, 2 Wall Street analysts forecast UPWK's earnings for 2021 to be $-53,858,089, with the lowest UPWK earnings forecast at $-56,422,760, and the highest UPWK earnings forecast at $-51,293,418. On average, 2 Wall Street analysts forecast UPWK's earnings for 2022 to be $-25,646,709, with the lowest UPWK earnings forecast at $-26,929,044, and the highest UPWK earnings forecast at $-24,364,374.

In 2023, UPWK is forecast to generate $-3,847,006 in earnings, with the lowest earnings forecast at $-3,847,006 and the highest earnings forecast at $-3,847,006.

What is UPWK's revenue growth forecast for 2021-2023?

(NASDAQ: UPWK) Upwork's forecast annual revenue growth rate of 18.86% is forecast to beat the US Industrials industry's average forecast revenue growth rate of 11.31%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Upwork's revenue in 2021 is $472,094,000.On average, 2 Wall Street analysts forecast UPWK's revenue for 2021 to be $63,861,587,745, with the lowest UPWK revenue forecast at $63,860,305,410, and the highest UPWK revenue forecast at $63,862,870,081. On average, 2 Wall Street analysts forecast UPWK's revenue for 2022 to be $79,816,405,414, with the lowest UPWK revenue forecast at $79,191,908,050, and the highest UPWK revenue forecast at $80,440,902,779.

In 2023, UPWK is forecast to generate $101,663,554,476 in revenue, with the lowest revenue forecast at $101,663,554,476 and the highest revenue forecast at $101,663,554,476.

What is UPWK's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: UPWK) forecast ROA is N/A, which is lower than the forecast US Industrials industry average of 8.62%.

What is UPWK's Price Target?

According to 4 Wall Street analysts that have issued a 1 year UPWK price target, the average UPWK price target is $53.75, with the highest UPWK stock price forecast at $68.00 and the lowest UPWK stock price forecast at $39.00.

On average, Wall Street analysts predict that Upwork's share price could stay at $53.75 by Oct 28, 2022. The average Upwork stock price prediction forecasts a potential downside of N/A from the current UPWK share price of $35.89.

What is UPWK's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: UPWK) Upwork's current Earnings Per Share (EPS) is -$0.25. On average, analysts forecast that UPWK's EPS will be $-0.42 for 2021, with the lowest EPS forecast at $-0.44, and the highest EPS forecast at $-0.40. On average, analysts forecast that UPWK's EPS will be $-0.20 for 2022, with the lowest EPS forecast at $-0.21, and the highest EPS forecast at $-0.19. In 2023, UPWK's EPS is forecast to hit $-0.03 (min: $-0.03, max: $-0.03).

What is UPWK's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: UPWK) forecast ROE is N/A, which is considered weak.
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