Currently, there are 134.05M common shares owned by the public and among those 120.37M shares have been available to trade.
The company’s stock has a 5-day price change of 17.84% and 1.03% over the past three months. UPWK shares are trading -3.85% year to date (YTD), with the 12-month market performance up to 21.02% higher. It has a 12-month low price of $8.43 and touched a high of $18.14 over the same period. UPWK has an average intraday trading volume of 2.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 19.65%, 16.50%, and 17.17% respectively.
Institutional ownership of Upwork Inc (NASDAQ: UPWK) shares accounts for 84.75% of the company’s 134.05M shares outstanding.
It has a market capitalization of $1.75B and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 9.42, while the earnings-per-share (ttm) stands at $1.67. The company has a PEG of 0.79 and a Quick Ratio of 3.41 with the debt-to-equity ratio at 0.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.79% over the week and 4.99% over the month.
Earnings per share for the fiscal year are expected to increase by 11.43%, and 12.00% over the next financial year.
Scotiabank coverage for the Upwork Inc (UPWK) stock in a research note released on March 12, 2025 offered a Sector Perform rating with a price target of $15. UBS was of a view on July 02, 2024 that the stock is Neutral, while BTIG Research gave the stock Buy rating on May 02, 2024, issuing a price target of $16. Jefferies on their part issued Buy rating on January 08, 2024.
