Price Crosses Moving Average
|Bid||8.73 x 1800|
|Ask||8.88 x 1800|
|Day's Range||8.54 - 8.85|
|52 Week Range||6.56 - 25.05|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2023 - Jul 31, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.64|
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Upwork (UPWK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 42% in Upwork (UPWK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Fiverr International (NYSE: FVRR), an online marketplace for gig economy workers, went public on June 13, 2019 at $21 per share. The bulls were initially impressed by Fiverr's robust growth, which accelerated throughout the pandemic as more people accepted freelance and contract jobs. The buying frenzy in meme and growth stocks in early 2021 amplified those gains.
Tech veteran and former GM of LinkedIn Elevate joins Upwork to lead Enterprise business and delivery of best-in-class Enterprise Suite offeringSAN FRANCISCO, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (NASDAQ: UPWK), the world’s work marketplace, today announced that it has appointed Zoë Diamadi as general manager (GM), Enterprise, effective June 29, 2023. In this role, Diamadi will oversee and evolve sales, product, engineering and operations within Upwork’s Enterprise business unit.
SAN FRANCISCO, May 10, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that President and CEO Hayden Brown, CFO Erica Gessert, and VP of Investor Relations Evan Barbosa will participate in the following upcoming investor conferences: 18th Annual Needham Technology & Media Conference (investor meetings only)Location: Interc
The heavy selling pressure might have exhausted for Upwork (UPWK) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The nature of investing is that you win some, and you lose some. Unfortunately, shareholders of Upwork Inc...
Shares of online freelance worker-platform operator Upwork (NASDAQ: UPWK) were on a sharp downward ride this week. As of mid-afternoon Friday, according to data compiled by S&P Global Market Intelligence, the company's share price had declined by more 17% week to date. In its first quarter, Upwork booked just under $161 million in revenue, which bettered the $141 million it earned in the same period of 2022.
Investors are worried about slowing growth in the freelance economy and threats from new artificial intelligence (AI) tools.
Thank you for standing by, and welcome to Upwork's first quarter 2023 earnings conference call. Joining me today are Hayden Brown, Upwork's president and chief executive officer; and Erica Gessert, Upwork's chief financial officer.
Shares of Fiverr International (NYSE: FVRR), Upwork (NASDAQ: UPWK), and Wix.com (NASDAQ: WIX) all fell today for the second day in a row as investors continued to respond to the threat from ChatGPT. Yesterday, shares of education stock Chegg (NYSE: CHGG) crashed by nearly 50% after it said that new customer growth had slowed due to competition from OpenAI's chatbot. While Chegg actually recouped some of its losses from yesterday, the three tech platforms above all fell again with Fiverr losing 9.7%, Upwork giving up 7.5%, and Wix closing down 10.8%.
Upwork (UPWK) delivered earnings and revenue surprises of 83.33% and 1.19%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, May 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the first quarter of 2023. Please visit the Upwork Investor Relations website at investors.upwork.com/financial-information/quarterly-results to view Upwork’s first quarter 2023 Shareholder Letter. First Quarter 2023 Financial Results Conference Cal
Fiverr was one of several companies whose stocks fell on the premise that ChatGPT could threaten their business models.
In this article we will take a look at some of the best gig economy stocks to buy now. To see more such stocks, click 5 Best Gig Economy Stocks To Invest In. Gig economy seems to be one of the most anti-fragile industries since it experiences growth even during the most difficult times. The […]
Report details a year of enabling talent and client success, community action, environmental sustainability and workforce innovationSAN FRANCISCO, April 25, 2023 (GLOBE NEWSWIRE) -- Upwork (NASDAQ: UPWK), the world’s work marketplace, today published its fourth annual Impact Report highlighting the company’s 2022 actions to create economic opportunities so people have better lives. Throughout the year, the company focused on ensuring its work marketplace promotes equal opportunities for all, inc
When close to half the companies in the Professional Services industry in the United States have price-to-sales ratios...
In this article, we will take a look at the top 11 best tech stocks to buy on the dip. To see more such companies, go directly to 5 Best Tech Stocks to Buy On the Dip. Tech stocks have showed remarkable resilience in 2023 in the face of rising interest rates and an uncertain […]
Former Convoy, Airbnb, and eBay HR leader to drive talent strategy and workforce innovation at the world’s work marketplaceSAN FRANCISCO, April 06, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, today announced that Sunita Solao will join the company as chief people officer (CPO), effective May 1, 2023. Solao brings more than two decades of global experience as a human resources and people executive, leading teams, enabling business growth, and scaling organiz
SAN FRANCISCO, April 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that it will report its financial results for the first quarter of 2023 on Wednesday, May 3, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same d
Gessert joins company from PayPal; will play pivotal role in next chapter of growth for the world’s largest work marketplaceSAN FRANCISCO, March 28, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (NASDAQ: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that Erica Gessert will join the company as chief financial officer (CFO), effective April 25, 2023. Gessert joins from PayPal
Shares of Upwork (NASDAQ: UPWK), a platform for connecting freelancers to clients, soared 15.4% this week, according to data provided by S&P Global Market Intelligence, after the company said that it would buy back some of its convertible debt. Upwork said in a regulatory filing this week that it entered into a repurchase agreement to buy back some of the 0.25% convertible debt that will come due in 2026.
While governments typically aim for a robust jobs market, too hot of a labor force could yield significant risks, thus forcing changes for stocks to buy. Indeed, American investors may want to consider adjusting their strategies to accommodate future changes in the economy. On paper, circumstances appear quite swell. According to CNN, the U.S. economy added 311,000 jobs in February, outpacing expectations. So far, so good. However, we’re presently dealing with elevated inflation. Prior to the jo
Old school investors will tell you that ‘buying low and selling high’ is the key to market success. The advice may be cliché, but it’s based on mathematical truth. The hard part, however, is understanding when prices are low, because that’s not always an absolute number. In recognizing that lower price range, investors can turn to Wall Street’s pros for help. Using TipRanks’ platform, we pinpointed two beaten-down stocks the analysts believe are gearing up for a rebound. In fact, despite their h