|Bid||14.75 x 800|
|Ask||14.90 x 4000|
|Day's Range||13.76 - 15.16|
|52 Week Range||5.14 - 17.59|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.00|
Shares of Upwork (NASDAQ: UPWK) got a big boost Monday when investment banker Jefferies upped its price target on the stock ahead of earnings, promising investors as much as a 20% profit in the event Upwork outperformed expectations. At the time, I warned that Jefferies was playing with fire, "potentially getting caught wrong-footed when Upwork reports earnings tomorrow." Instead of going up after reporting earnings Tuesday night, Upwork stock is headed down: 13.5% lower as of 1:05 p.m. EDT today.
UPWK earnings call for the period ending June 30, 2020.
Upwork reported mixed second quarter earnings amid COVID-19. Upwork CEO Hayden Brown joins the On the Move panel to discuss.