Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
03 October 2018Website:
http://www.upwork.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 33 min agoDividend
Analysts recommendations
Institutional Ownership
UPWK Latest News
Upwork (UPWK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Upwork Inc. (UPWK) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, UPWK's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
The company reported better-than-expected results for its third quarter.
Upwork CEO Hayden Brown joins CNBC's 'The Exchange' to discuss the market for freelance work, trends she is seeing in AI, and more.
The online employment marketplace posted solid third-quarter results.
Upwork Inc. UPWK reported better-than-expected third-quarter results after Wednesday's closing bell.
Upwork (UPWK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago.
The world's largest digital freelance platform, Upwork Inc. NASDAQ: UPWK, took proactive measures ahead of its upcoming third quarter of 2024 earnings release due out Nov. 6, 2024. The company preannounced upside Q3 guidance along with organizational changes in its efforts to drive profits.
Upwork might soon be a slimmer, more effective, and profitable company.
Upwork and Fiverr have seen steep declines due to concerns over slowing revenue growth, partly driven by AI replacing some freelancing services. While AI has reduced demand for simple tasks like logo design, it has boosted freelancer productivity and created new service opportunities. Both platforms are attractively priced, but Fiverr stands out with better engagement metrics, higher gross margins, and strong app ratings.
What type of business is Upwork?
Upwork Inc. is the operator of an online job marketplace. The company Upwork Inc. was registered in 2013 and is headquartered in Santa Clara, California. The company offers a platform that allows businesses using remote workers and tools to hire employees, manage their activities, and pay for completed work. With its help, businesses can find and hire, among other specialists, developers, designers, writers, marketers, and customer support representatives, as well as pay for their services. The Company's platform also enables clients to optimize such work processes as finding specialists, establishing contacts, and entering into contracts.
What sector is Upwork in?
Upwork is in the Communication Services sector
What industry is Upwork in?
Upwork is in the Internet Content & Information industry
What country is Upwork from?
Upwork is headquartered in United States
When did Upwork go public?
Upwork initial public offering (IPO) was on 03 October 2018
What is Upwork website?
https://www.upwork.com
Is Upwork in the S&P 500?
No, Upwork is not included in the S&P 500 index
Is Upwork in the NASDAQ 100?
No, Upwork is not included in the NASDAQ 100 index
Is Upwork in the Dow Jones?
No, Upwork is not included in the Dow Jones index
When was Upwork the previous earnings report?
No data
When does Upwork earnings report?
The next expected earnings date for Upwork is 14 February 2025