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These Analysts Revise Their Forecasts On Upwork Following Q4 Results - Upwork (NASDAQ:UPWK)
Benzinga· 2026-02-10 17:01
Core Insights - Upwork Inc reported better-than-expected financial results for Q4 2025, with revenue of $198.41 million, surpassing analyst estimates of $197.52 million, and adjusted earnings of 36 cents per share, exceeding estimates of 31 cents per share [1][2] Financial Performance - For Q4 2025, Upwork's revenue was $198.41 million, beating analyst expectations [1] - Adjusted earnings for Q4 2025 were reported at 36 cents per share, higher than the anticipated 31 cents per share [1] - The company expects Q1 2026 revenue to be between $192 million and $197 million, below the estimate of $200.83 million, with adjusted earnings projected at 26 to 28 cents per share, compared to the estimate of 34 cents per share [2] - Full-year 2026 revenue is anticipated to be between $835 million and $850 million, slightly below the estimate of $836.15 million, while adjusted earnings are expected to range from $1.43 to $1.48 per share, compared to the estimate of $1.42 per share [3] Market Reaction - Following the earnings announcement, Upwork shares fell by 19.3%, trading at $15.16 [3] - Analysts have adjusted their price targets for Upwork in response to the earnings results [3]
Why Is Upwork Stock Sinking Tuesday? - Upwork (NASDAQ:UPWK)
Benzinga· 2026-02-10 11:11
Core Viewpoint - Upwork Inc. experienced a significant drop in stock price during premarket trading due to a disappointing first-quarter guidance, despite exceeding Wall Street expectations for its fourth-quarter results [1]. Q4 Results - Upwork reported fourth-quarter revenue of $198.41 million, surpassing analyst estimates of $197.52 million [2]. - The company achieved adjusted earnings of 36 cents per share, exceeding estimates of 31 cents per share [2]. Q1 Outlook - For the first quarter, Upwork expects revenue between $192 million and $197 million, lower than analyst estimates of $200.83 million [3]. - The anticipated adjusted earnings for the first quarter are between 26 cents and 28 cents per share, compared to estimates of 34 cents per share [3]. - For the full year 2026, Upwork projects revenue of $835 million to $850 million, slightly below estimates of $836.15 million, with adjusted earnings expected between $1.43 and $1.48 per share, in line with estimates of $1.42 per share [3]. Technical Analysis - The stock is currently trading 28.1% below its 20-day simple moving average (SMA) and 24% below its 100-day SMA, indicating significant weakness in the short to medium term [4]. - Over the past 12 months, shares have decreased by 19.30% and are closer to their 52-week lows than highs [4]. - The Relative Strength Index (RSI) is at 44.50, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure on the stock [5]. Analyst Consensus & Recent Actions - The stock carries a Buy Rating with an average price target of $21.22 [6]. - Recent analyst actions include Jefferies raising its target to $27.00 and UBS raising its target to $24.00 [6]. - During premarket trading, Upwork shares were down 23.68% at $14.34 [6].
JMP Securities Reaffirms Market Outperform for Upwork (UPWK) Amid Growth in AI Jobs and Enterprise Services
Yahoo Finance· 2025-09-29 18:53
Group 1 - Upwork Inc. (NASDAQ:UPWK) is recognized as one of the best cheap rising stocks to invest in, with a price target of $20 and a Market Outperform rating reaffirmed by JMP Securities [1] - JMP Securities highlights several growth factors for Upwork, including an updated variable freelancer fee structure, a redesigned enterprise approach, and an increase in AI-related job opportunities [2] - Continuous momentum in advertising and monetization technologies, along with increased acceptance of Upwork's Business Plus tier, are also identified as catalysts for growth [2] Group 2 - Upwork operates as a communication services company that connects businesses with freelancers and agencies globally [3] - While Upwork shows potential as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [3]